Basic IncomeBasic Income
BonusBonus
CommissionCommission
Direct DepositDirect Deposit
Earned IncomeEarned Income
Exempt vs. Non-Exempt StatusExempt vs. Non-Exempt Status
Fringe BenefitsFringe Benefits
Gross IncomeGross Income
Gross PayGross Pay
Incentive PayIncentive Pay
Living WageLiving Wage
Merit IncreaseMerit Increase
Net IncomeNet Income
Net PayNet Pay
Pay FrequencyPay Frequency
Pay StubPay Stub
Payroll DeductionPayroll Deduction
Profit SharingProfit Sharing
Salary NegotiationSalary Negotiation
Salary SlipSalary Slip
Side HustleSide Hustle
Entrepreneurial Finances
Healthcare
Financial Coaching & Mindset
Credit & Creditworthiness
Government Benefits & Programs
Banking & Savings
Real Estate & Homeownership
Insurance & Financial Protection
Taxes
Debt & Loans
Budgeting & Spending
Employment & Income
Legal & Estate Planning
Investments & Retirement
Product1:1 CoachingOur CoachesOur Story
For Partners
Resources
Start Here
Product1:1 CoachingOur CoachesOur Story
For Partners
Resources
Start Here

Gross Pay

Definition

Similar to gross income, it’s the total amount you earn before taxes and other deductions are subtracted from your paycheck.

What to consider

  • Review your pay stub to see how deductions affect your earnings.
  • It helps you understand what you really have to spend.
  • Keep track for future budgeting and loan applications.

Real world scenarios

  • Elijah compares the gross pay listed on his pay stub with net pay to see how much goes toward benefits and taxes.
  • A promotion at work significantly increases Felicia’s gross pay, which translates to a partial bump in net pay after deductions.
  • Gross pay discussions during interviews help job seekers gauge whether offered salaries fit their financial goals.

Related terms

Salary Slip
Side Hustle
Merit Increase
Bonus
Living Wage

Related Playbooks

Get instant access to all our expert playbooks and 1-1 financial coaching when you join the Bolder Money community. Learn more here.

Playbooks for this topic are on the way!
Employment & Income
Got Any Questions?

Talk to a Financial Coach

Book a free consultation with one of our coaches.
Book a Free Call
coaches@boldermoney.com
Linkedin IconInstagram IconTwitter IconFacebook Icon
No BS. Just good emails.
Thank you! You are now subscribed!
Oops! Something went wrong while submitting the form.
© 2025, Bolder Money
Terms & Conditions
Privacy Policy