Examlex
A measure of a company's solvency is the
Net Pay
The amount of money an employee receives after all deductions, such as taxes and retirement contributions, have been subtracted from their gross pay.
Take-Home Pay
The net amount of income received after the deduction of taxes, benefits, and voluntary contributions from the gross salary.
Payroll Accounting
The process of recording and managing all financial transactions related to a company's payment of salaries, wages, and other compensations to employees.
Employee Morale
The general perspective, mood, contentment, and self-assurance that staff experience in the workplace.
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