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Tips for Calculating Net Pay for Employees

How to calculate net pay, writing the employee paycheck.

One of your most important jobs as a business with employees is to make sure your employee pay is calculated correctly. That responsibility includes withholding correct amounts for taxes and making other deductions. Begin with the employee's gross pay (total pay for the period) and work through the process of withholding and deducting to get to net pay.

Net pay is the amount of an employee's pay (either salaried or hourly ) after withholding for federal and state income taxes, and any additional paycheck deductions . Net pay is thus the amount actually received by the employee in their paycheck. 

This article on gross pay includes a discussion of the difference between gross pay, taxable wages, and Social Security wages.

1. Start with gross pay.

To begin the calculation of net pay, you must start with the employee's gross pay. Gross pay is the amount that is owed to the employee for the pay period (weekly, bi-weekly, semi-monthly, or monthly).

All withholdings and deductions are based on gross pay. Begin each calculation with the gross pay amount. The gross pay amount may change if an employee has taxable income in addition to the calculated pay for work, such as reimbursements.

Gross pay for hourly employees is the hours worked times hourly rate, with overtime premiums, if applicable.

Sam has worked 42 hours this week, at an hourly rate of $12. That's 40 hours at his regular rate and 2 hours at 1 1/2 times that rate. 40 x $12 = $480. 2 x $18 = $36. Total gross pay= $480 + $36 = $516.

Gross pay for salaried employees is their annual salary divided by the number of pay periods in the year. Some exempt salaried employees may be eligible for overtime if their pay level is below $684 a week.  

Carlotta has an annual salary of $36,000 and she is paid every other week (26 paydays each year). To get her gross pay for this pay period: $36,000 / 26 = $1,384.62.

2. Calculate and deduct federal income tax withholding.

Federal income taxes are withheld based on the information provided by the employee on Form W-4 . Employees may submit a new W-4 form at any time, and as many times as they wish, but only once per pay period. This form changed beginning January 1, 2020, so any new employees or employees changing their withholding after this date must use the new form.  

This form is complicated, with more steps than the old form. This article on Information for Form W-4 for Employers has tips for using the form to calculate employee income tax withholding. The Employer's Tax Guide from the IRS has all of the withholding tables and you can also use IRS Publication 15-T , with detailed steps in the process.

It's illegal for an employer to help an employee complete a W-4 form. If the employee is unsure, direct him or her to this IRS withholding calculator.

3. Deduct any state and local withholding.

State withholding  is a little trickier because each state has different rules and forms for payroll withholding; some states have no withholding because they do not tax income. Different towns and cities also have their own rules. The Bureau of Labor Statistics has a chart of forms used by each state for calculating state income tax withholding.

If an employee works in several states or different localities within a state, you may have to deduct state income tax from multiple states. If you have employees in multiple states, you may want to get the help of a payroll service to try to keep all of these deductions straight.

Some states have reciprocity agreements, meaning that they do not tax out-of-state income. For example, an employee who works in Iowa and who is a resident of Illinois does not have to pay Iowa income tax on his or her wages. Check this list of reciprocity agreements.

4. Withhold FICA taxes.

FICA tax is a combination of OASDI (Social Security) and Medicare tax.

To calculate the Social Security withholding you'll need to determine what pay and benefits are included in Social Security wages . The formula for calculating FICA tax is gross pay times the employee portion of the tax, which is 7.65% (6.2% for Social Security and 1.45%t for Medicare).

The gross pay for Sam this pay period is $516, so you must withhold $39.47 in FICA taxes.

The gross pay for Carlotta this pay period is $1,384.62, so the FICA tax you must withhold $105.92.

You'll need to make yourself two reminders during the year. Each payroll period: 

  • Check to be sure that the employee's total gross pay for the year does not exceed the Social Security maximum for that year. At the point where the employee's pay exceeds this maximum, you must stop withholding Social Security (the 6.2%). There is no maximum on the Medicare portion.
  • You must also note when an employee's wages reach the amount for the Additional Medicare tax . This amount of gross pay depends on the employee's marital status. At this point, you must begin withholding an additional 0.9% (in addition to the 1.45%.
  • The employer must pay share of FICA tax on all Social Security wages and Medicare wages (but not the additional 0.9% of Medicare wages).

5. Take any additional voluntary deductions.

A number of voluntary deductions are possible, including health plan premiums, garnishments, and charitable donations.

Be sure you have documentation in the employee's payroll file to show authorization for any deductions. The only exceptions are FICA taxes and garnishments or other court-ordered payments.

Sam's Net Pay Calculation
Gross Pay   $516.00  
 - Federal income Tax  - $64.78 (single, paid weekly, no allowances)
 - FICA Tax  - $39.47  
+ Net Pay = $411.75  
Carlotta's Net Pay Calculation
Gross Pay $1384.62  
- Federal Income Tax  - $90.95 (married, paid semi-monthly, no allowances)
- FICA Tax  -$105.92  
= Net Pay    $117.75  

Now that you have calculated gross pay, taken withholding for income taxes and FICA taxes, and any other deductions, you have a net pay amount. It's time to write the employee's paycheck .

Federal law requires that on each paycheck you must provide each employee with information on year-to-date amounts for all calculations.

Department of Labor. " Overtime Final Rule ," Accessed Nov. 5, 2020.

IRS. " FAQs on the 2020 Form W-4 Q. 4 ." Accessed Nov. 5, 2020.

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Paycheck Tax Calculator: Estimate Your Take-Home Pay After Taxes

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Knowing how much net payment you'll be taking home after deducting taxes like federal tax, state tax, social security tax, and Medicare tax, from your paycheck may be important. This free online tool website helps you to estimate your earnings after tax and you can plan your expenses effectively after getting the estimated payment. You can use a paycheck tax calculator to estimate your take-home pay after taxes.

The paycheck tax calculator is a free online tool that helps you to calculate your net pay based on your gross pay, marital status, state and federal tax, and pay frequency. After using these inputs, you can estimate your take-home pay after taxes.

The inputs you need to provide to use a paycheck tax calculator

Select State: This input requires you to select the state to determine the amount of state income tax that is deducted from your paycheck.

Marital Status: You must select your marital status, whether you are married, or single. Your marital status affects your tax liability and the amount of tax that will be withheld from your paycheck.

Paid Type: You need to select paying type per hour basis or salary basis. You need to indicate if you are paid on an hourly basis or a salary basis. If you are paid on an hourly basis, you need to input the number of hours you work and the pay rate per hour. If you are paid on a salary basis, you need to input your annual salary.

Pay Frequency: You need to select your pay frequency, whether you are paid daily, weekly, bi-weekly, semi-monthly, monthly, or yearly. Your pay frequency affects your gross pay and the amount of tax that will be withheld from your paycheck.

Standard Deduction: You need to indicate if you want to take the standard deduction or itemize your deductions. The standard deduction reduces your taxable income, which reduces the amount of tax you owe.

Once you have provided all the inputs, the paycheck tax calculator will calculate your gross pay, tax deductions, and net pay. The net pay is the amount you will take home after taxes.

Back to Paycheck Calculators

Paycheck Calculator

Written by: Daniel Eisner

Daniel Eisner is a payroll specialist with over a decade of practical experience in senior accounting positions.

Updated on September 26, 2023

Paycheck Calculator

How Our Salary Paycheck Calculator Works

Paycheck calculators by state, how is your paycheck’s income tax withholding calculated, how is your net pay calculated, what is fica withholding on a paycheck, what are the other deductions on your paycheck.

Navigating the intricacies of payroll —be it deductions, taxes, or benefits—is a crucial task for any HR professional or payroll manager, often going beyond merely understanding an employee’s salary.

With our sophisticated paycheck calculator, you can seamlessly dissect income components, providing you with a streamlined way to assess financial conditions.

Whether you’re strategizing for company budgeting, forecasting future financial scenarios, or simply require a comprehensive understanding of payroll, our tool offers a reliable resource to understand the granular details of employee compensation. Let’s delve into the complexities of payroll and demystify your financial management tasks.

Disclaimer: Please note that this paycheck calculator is designed for use by both payroll professionals and employees to facilitate accurate understanding of paycheck details. Please be aware that our calculator is designed to communicate directly with the employee. For instance, when prompted ‘Where are you employed?’, this can be also interpreted as referring to the location of your employee.

Where are you employed?

How much do you get paid annual?

Salary frequency

How often are you paid?

Marital status

What is your federal filing status?

Dependent(s)

Children under 17 and students under 24

All other dependents

Employee Location

Where do you live?

Benefits and Deductions

The addition of employee benefits such as 401(k)s and health insurance can affect how your paycheck is calculated. Please add any deductions for benefits offered by your company.

Choose a calculation method:

Dollar Amount

Fringe Benefits

Fringe benefits are additional non-cash benefits offered by employers and are often taxable, which can affect an employee’s paycheck and final take-home pay. Please skip this section if you don’t use any of these benefits.

Income taxes

Federal Income Tax

Alabama State Tax

Social Security

Additional Medicare

Take Home Pay

Navigating through your paycheck can be challenging, but with our Salary Paycheck Calculator, we’ve made it simpler. Here’s a step-by-step guide on how our calculator works and how it can help you understand your paycheck better:

1. State: Our calculator is designed to cater to the specific tax rules of each state. Simply select your state to ensure the calculations take into account state-specific tax rates and regulations.

2. Salary and Salary Frequency: Enter your gross salary (the total amount of money you earn before any deductions) and how often you get paid (weekly, bi-weekly, monthly, etc). This information forms the basis for all other calculations.

3. Marital Status and Dependents: Your marital status and number of dependents can impact the amount of tax withheld from your paycheck. Providing this information helps refine the tax calculation.

4. Employee Location: Your city of residence can have a significant impact on your local tax obligations. By providing your exact location, the calculator can account for local tax rates, ensuring a more accurate depiction of your net pay. This is particularly important if your city of residence differs from your place of work, as different cities may have varying tax rules and rates.

5. Benefits and Deductions: Enter any pre-tax or post-tax deductions like retirement plan contributions, health insurance premiums, and any other benefits offered by your employer. These reduce your taxable income, impacting the overall tax calculation.

6. Fringe Benefits: If you receive any fringe benefits – additional compensation like company car or gym membership – input them here. Some of these may be subject to taxes.

After entering all these details, our calculator computes the following:

Gross Pay: Your total earnings before any deductions are made.

Federal Income Tax: The amount that will be withheld from your paycheck based on the information provided, in accordance with IRS tax tables.

FICA Taxes: These are mandatory deductions for Social Security and Medicare.

State and Local Taxes: The tax amount deducted as per the rates and rules of the state and locality you live in.

Take Home Pay: Also known as net pay, this is the amount you receive after all deductions and taxes have been subtracted from your gross pay.

By breaking down your income and deductions, our Salary Paycheck Calculator empowers you with a clear understanding of your earnings, taxes, and deductions. This transparency enables you to plan, budget, and manage your financial health more effectively. Remember, knowledge is power, especially when it comes to your hard-earned money.

Every state in the U.S. has its unique tax rates and regulations which can influence your net earnings. Simply choose your state from the list, input your details, and let our tool provide a detailed, state-specific breakdown of your salary.

Choose Your State

  • connecticut
  • massachusetts
  • mississippi
  • new hampshire
  • north carolina
  • north dakota
  • pennsylvania
  • rhode island
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  • south dakota
  • west virginia

Your paycheck’s income tax withholding is calculated based on the information you provide on your Form W-4, which includes your marital status, the number of dependents, and any additional amounts you want withheld. The form also considers if you’re working more than one job or have a working spouse.

Your employer uses this information, in conjunction with the IRS tax tables, to determine how much federal income tax to withhold from your paycheck. Your paycheck may also have deductions for state and local taxes, depending on where you live and work.

Remember, tax withholding is a way of paying your annual income tax obligation throughout the year, rather than in a lump sum during tax season. Making sure the correct amount is withheld can help you avoid an unexpected tax bill or penalty.

Net pay, often referred to as “take-home pay,” is the amount of money you receive after all deductions have been taken from your gross pay. Here’s how it’s calculated:

  • Start with your Gross Pay: This is the total amount of income you earn in a pay period before any deductions or taxes.
  • Subtract Payroll Deductions: These can include retirement contributions, health insurance premiums, and any pre-tax benefits you have elected.
  • Subtract Federal, State, and Local Income Taxes: The amounts for these are determined by the information on your W-4 form and the respective tax rates.
  • Subtract Social Security and Medicare Taxes: These are calculated based on fixed rates set by law. The rate for Social Security is 6.2% and for Medicare is 1.45%.

After all these deductions are made, the remaining amount is your Net Pay. It’s important to understand this calculation so you know where your money is going and can plan your budget accordingly.

FICA, or Federal Insurance Contributions Act, is a U.S. federal payroll tax imposed on both employees and employers to fund Social Security and Medicare — two government programs that provide benefits for retirees, the disabled, and children of deceased workers.

The FICA withholding on a paycheck consists of two parts:

  • Social Security Tax: This is typically withheld at a rate of 6.2% on earned income up to a certain annual limit (the maximum taxable earnings), which is adjusted each year.
  • Medicare Tax: This is withheld at a rate of 1.45% of all earned income, with an additional 0.9% levied on high-income earners above a certain threshold.

So, when you see FICA withholding on your paycheck, it’s the money that’s being taken out to fund these programs, which you may benefit from in the future. It’s important to note that your employer also pays an equivalent amount of FICA taxes, effectively doubling the contributions made.

In addition to FICA taxes, federal, state, and local taxes, there are other potential deductions that you might see on your paycheck. Here are some of the most common ones:

  • Health Insurance : If you participate in your employer’s health plan, your contribution to the premium will likely be deducted from your paycheck.
  • Retirement Contributions : If you contribute to a retirement plan like a 401(k) or 403(b), these contributions will be deducted from your paycheck. Some employers may match a portion of these contributions.
  • Flexible Spending Account (FSA) or Health Savings Account (HSA) Contributions : If you choose to participate, these pre-tax contributions will be deducted from your paycheck.
  • Life Insurance and Disability Insurance : If you opt for these benefits through your employer, your premiums will be deducted from your paycheck.
  • Union Dues : If you’re part of a union, your dues may be automatically deducted from your paycheck.
  • Wage Garnishments : If you owe money as a result of a court order, such as child support or a debt judgment, these payments can be deducted directly from your paycheck.

Remember, the specific deductions on your paycheck may vary depending on your personal situation and the benefits offered by your employer. It’s always a good idea to thoroughly review your pay stub and understand all the deductions made.

Gross pay is your total earnings before any deductions such as taxes, insurance premiums, or retirement contributions are taken out.

Net pay, also known as take-home pay, is the amount you receive after all deductions have been made from your gross pay.

Yes, by submitting a new Form W-4 to your employer, you can adjust your withholdings. If too much is withheld, you may get a refund after filing your tax return, and if too little is withheld, you may owe tax.

State taxes are calculated based on the specific tax rates and rules of the state you live in. Our calculator takes into account these variations for accuracy.

Pre-tax deductions are amounts taken out of your gross pay before income taxes are calculated. These might include contributions to retirement plans, health insurance premiums, or Health Savings Accounts.

If you think there’s an error, first use our Salary Paycheck Calculator to confirm. If you still believe there’s an error, you should contact your company’s HR or payroll department.

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How to Calculate Net Pay: Step-by-step Guide and Examples

Employee salary: $50,000 a year. But you know that’s not what they’re walking away with. Between taxes and benefit deductions, the employee’s take-home pay could be far from the $50,000 sticker price (cue the sad violin). Learn how to calculate net pay to find your employees’ take-home wages.

After all, you want to run an accurate and legal payroll to avoid penalties and fees, and part of that requires you to know the gross-to-net calculation.

What is net pay?

How to calculate net pay, calculating net pay example.

Net pay is the take-home pay an employee receives after you withhold payroll deductions. You can find net pay by subtracting deductions from gross pay.  

Here’s how it works. An employee starts out with their gross pay. But after taxes and other deductions, they walk away with their net pay. Take a look at the breakdown below.

What is gross pay?

Gross pay is an employee’s income before taking out deductions. Unless you gross-up an employee’s wages, gross pay is usually the “sticker price” you offer.

What are deductions?

To calculate net from gross, you must withhold deductions each pay period. There are both tax and non-tax deductions. And, some deductions are mandatory while others are voluntary. 

Taxes are mandatory. You may need to withhold the following from an employee’s gross pay:

Federal income tax

  • Social Security tax
  • Medicare tax
  • State income tax, if applicable
  • Local income tax, if applicable
  • Other state-specific taxes

Some non-tax deductions are mandatory, too. If you need to withhold these types of deductions, the appropriate agency notifies you. Examples include:

  • Garnishments
  • Child support payments

Voluntary deductions (i.e., benefits) include:

  • Health insurance premiums
  • Life insurance premiums
  • Retirement plan contributions
  • Flexible spending account (FSA) contributions
  • Health savings account (HSA) contributions

So, how is net pay calculated? Think of calculating net pay like a simple math problem. And like all math problems, there’s a net pay formula you need to know about:

Net Pay = Gross Pay – Deductions

To calculate net pay for your employees, you need to be able to answer three questions:

  • What are the employee’s gross wages for the pay period?
  • How much are taxes? 
  • How much are non-tax deductions?

calculating net pay, including formula and types of deductions

1. What are the employee’s gross wages for the pay period?

How you find an employee’s gross wages for the pay period may depend on whether they are salaried or hourly. 

Generally, a salaried employee earns the same amount in gross wages each pay period (unless they’re eligible for overtime pay). An hourly employee’s gross pay depends on the number of hours they work during the pay period.

Want to find a salaried employee’s gross pay each pay frequency ? Divide their annual salary by their pay frequency:

  • Weekly: 52 
  • Biweekly: 26 
  • Semi-monthly: 24 
  • Monthly: 12

Want to find an hourly employee’s gross pay each pay frequency? Multiply the employee’s hourly pay by the number of hours worked during the pay period.  

2. How much are taxes?

Determining tax withholding requires some extra calculations and work. Some taxes are flat rates while others use tax tables. 

Social Security and Medicare taxes make up FICA tax. The FICA tax rate is a flat percentage of 7.65% that you hold from each employee’s wages. Of this 7.65%, 6.2% goes toward Social Security tax and 1.45% goes toward Medicare tax. Keep in mind that there is a Social Security wage base and additional Medicare tax, if applicable.

Federal income tax withholding varies. The amount you withhold depends on the employee’s:

  • Form W-4 information
  • Filing status (e.g., Single)

Use each employee’s W-4 form and the federal income tax withholding tables in IRS Publication 15 to figure out how much the employee owes in federal income taxes. 

State and local income taxes vary by state and locality. Check with your state for more information.

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3. How much are non-tax deductions? 

You also need to determine whether to hold additional money for employee benefits and other non-tax deductions. Keep in mind that some of these deductions are pre-tax while others are post-tax.

If an employee has a pre-tax deduction, subtract the amount from their wages before you figure out some or all of their taxes. This lowers their taxable income. Examples of pre-tax deductions include health insurance premiums, some retirement plans, and life insurance premiums.

If an employee has a post-tax deduction, withhold the amount after you’ve figured out their taxable income. Examples of post-tax deductions include Roth retirement plans and wage garnishments.

Want to see how to calculate net pay from gross pay in action? Let’s say your employee, Pam, is a single-filer living in Ann Arbor, Michigan. 

Pam makes $20 per hour and works 40 hours per week. You pay her weekly, so her total gross is $800 ($20 X 40 hours). She does not work overtime.

Pam has health insurance. Her wages are subject to federal income, FICA, and state income tax. Ann Arbor does not have local income tax. 

To go from gross to net, first calculate her deductions. Then, subtract the deductions from her gross wages. 

1. Calculate the deductions

First up: calculate Pam’s tax and non-tax deductions. Because her health insurance premium is a pre-tax deduction, withhold it before calculating taxes.

Health insurance premium

Pam’s health insurance premium is $50 per week. Health benefits are exempt from Social Security, Medicare, and income tax withholding. 

Subtract the $50 from Pam’s gross wages first:

$800 – $50 = $750

Pam has $750 in taxable gross wages. 

To determine how much of Pam’s paycheck goes toward FICA tax, multiply her wages after the pre-tax health deduction ($750) by 7.65%.

$750 X 0.0765 = $57.38

Withhold $57.38 in FICA tax from Pam’s gross pay. 

Pam has a 2024 Form W-4 on file and uses the standard withholding. So to find federal income tax withholding, use the wage bracket method tables for manual payroll systems with Forms W-4 from 2020 or later in Publication 15-T .

Pam’s $750 taxable wages fall between $745 – $755. Using the wage bracket method tables, you find that her federal withholding is $52 each week.

State income tax

Michigan has a flat state income tax rate of 4.25%. Multiply $750 by 4.25%:

$750 X 0.0425 = $31.88

Withhold $31.88 from Pam’s gross wages for state income taxes.

Local income tax 

Ann Arbor does not have local income taxes. Do not deduct anything from Pam’s gross pay for local income taxes. 

2. Subtract deductions to find net pay

To calculate net pay, deduct FICA tax; federal, state, and local income taxes; and health insurance from the employee’s gross pay.

Using the formula to calculate net pay, determine the employee’s net pay.

Net Pay = Gross Pay – Deductions

Here’s a rundown of the withholding amounts we calculated:

  • Gross Pay = $800
  • Health Insurance Premium = $50
  • FICA Tax = $57.38
  • Federal Income Tax = $52
  • State Income Tax = $31.88
  • Local Income Tax = $0

Net Pay = $800 – $50 – $57.38 – $52 – $31.88 

Net Pay = $608.74

This article has been updated from its original publication date of 10/19/2016. 

This is not intended as legal advice; for more information, please click here.

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Gross Pay vs Net Pay: Difference, Calculation, & Examples

Gross Pay vs. Net Pay

Payroll is a complex and daunting task for a majority of employers, especially when it comes to calculating gross pay vs. net pay. Understanding the difference between these two terms is crucial for ensuring accurate payments, withholding taxes and other deductions, and complying with relevant regulations.

In this article, we’ll delve into the details of gross pay vs. net pay, including how to calculate each type of pay for hourly and salaried employees.

Table of Contents

Difference between Gross Pay vs Net Pay

As an employer, it’s important to understand the difference between gross pay and net pay to effectively manage payroll , offers competitive compensation packages, and comply with tax laws and regulations .

The gross pay is the total amount of money an employee earns before any deductions are taken out. The net pay is the amount they take home after those deductions have been made.

When offering a job or negotiating a salary, it’s common to discuss gross pay, as this reflects the total compensation package an employee will receive. However, it’s important to also consider the cost of benefits and taxes that will be deducted from the employee’s gross pay to arrive at their net pay.

As an employer, it’s your responsibility to accurately calculate and withhold taxes and other deductions from your employee’s gross pay to ensure that they receive the correct amount of net pay. This includes federal, state, and local taxes, Social Security, Medicare, and any other pre-tax or post-tax benefits that the employee has elected to enroll in.

By understanding the difference between gross pay and net pay, employers can ensure that they are offering competitive compensation packages, accurately calculating payroll, and complying with tax laws and regulations.

What is Gross Pay?

Gross pay refers to the total amount of money an employee earns before any deductions are made for taxes, insurance, or other benefits. It includes all forms of compensation, such as hourly wages, overtime pay, commissions, bonuses, and tips. Gross pay serves as the starting point for calculating an employee’s net pay, which is the amount they receive after taxes and other deductions have been withheld.

Gross Pay Example

If an employee earns an hourly wage of $20 and works 40 hours in a week, their gross pay for a weekly pay period will be $800 i.e. $20 x 40 hours.

Similarly, if an employee earns an annual salary of $60,000, their gross pay for a monthly pay period will be $5000 i.e. $60000/12 months.

What is Net Pay?

Net pay is the amount of money an employee takes home after all deductions have been taken out from their gross pay, including federal, state, and local taxes, Social Security, Medicare, and other pre-tax or post-tax benefits. Net pay provides a more accurate representation of an employee’s take-home pay than gross pay, as it reflects the amount of money they actually receive after taxes and other deductions have been taken out.

Net Pay Example

Based on the example above, the employee’s gross pay for a weekly pay period is $800 and their total deductions for that period amount to $121.01, their net pay would be $678.99. This is the amount of money they would receive in their paycheck or via direct deposit.

How to Calculate Gross Pay

Calculating gross pay can vary depending on whether the employee is salaried or paid hourly. For salaried employees, gross pay is calculated by dividing the employee’s annual salary by the number of pay periods in a year. For example, if an employee earns a salary of $60,000 per year and is paid monthly, their gross pay for each pay period would be $5000.

On the other hand, calculating gross pay for hourly employees is a bit more complex. To calculate gross pay for hourly employees, multiply the employee’s hourly rate by the number of hours worked in a pay period. For example, if an employee earns $20 per hour and works 40 hours a week, their gross pay for that week would be $800.

It’s important to note that gross pay may also include other forms of compensation such as bonuses, commissions, and overtime pay. When calculating gross pay, make sure to include all forms of compensation that the employee has earned during the pay period.

Payroll Deductions

Payroll deductions are the amounts that an employer withholds from an employee’s gross income to deduct taxes, insurance premiums, retirement contributions, and other benefits. These deductions are typically either mandatory or voluntary.

Mandatory deductions

Mandatory deductions are required by law and include federal, state, and local income taxes, Social Security (6.2%), Medicare taxes (1.45%), and state unemployment taxes.

Voluntary deductions

On the other hand, voluntary deductions are those deductions that an employee chooses to have withheld from their paycheck, such as contributions to a 401(k) retirement plan, health insurance premiums, HSA, FSA, wage garnishments, donations, etc.

How to calculate gross pay for hourly employees

Calculating gross pay for hourly employees involves multiplying the employee’s hourly rate by the number of hours they worked during the pay period.

No. of hours X hourly rate = Gross Pay

40 hours X $20 = $800

It’s important to keep in mind that overtime pay may need to be factored in for hourly employees who work more than 40 hours per week. In the United States, overtime pay is generally calculated at a rate of 1.5 times the employee’s regular hourly rate for any hours worked over 40 in a single workweek.

Calculating gross pay for hourly employees can become more complex if the employee has worked varying hours or has received different pay rates for different types of work. In these cases, it’s important to accurately track and calculate each component of the employee’s pay to ensure that their gross pay is calculated correctly. Employers can use payroll software or consult with a payroll professional to ensure accurate and compliant payroll processing.

How to calculate gross pay for salaried employees

Calculating gross pay for salaried employees is a bit different from calculating it for hourly employees. This is because salaried employees receive a fixed amount of pay for each pay period, regardless of the number of hours they work.

To calculate the gross pay for a salaried employee, you first need to determine their annual salary. For example, if the employee’s annual salary is $60,000, and they are paid monthly, you would divide their annual salary by the number of pay periods in a year. In this case, the employee would receive 12 paychecks each year (once per month), so the calculation would be:

$60,000 / 12 = $5,000 per pay period

If the employee takes time off during the pay period, their gross pay would be prorated based on the number of days they worked. For example, if an employee took two days off during the pay period, their gross pay would be:

($5,000 / total number of days in the pay period) x number of days worked

So if the pay period was 23 days long and the employee worked 15 of those days, their gross pay would be:

($5,000 / 23) x 15 = $3,260.86

It’s important to note that salaried employees may also receive additional pay, such as bonuses or commissions, which can impact their gross pay. If an employee receives additional pay, you would need to add that amount to their regular pay when calculating their gross pay for the pay period.

How to Calculate Net Pay

To calculate net pay, start with the employee’s gross pay for a given pay period. From there, you’ll need to subtract any mandatory and voluntary deductions that apply to the employee.

Once you have calculated the total amount of mandatory and voluntary deductions, subtract that amount from the employee’s gross pay to arrive at their net pay. This is the amount of money that the employee will actually receive in their paycheck or via direct deposit.

How to calculate net pay for hourly employees

To calculate the net pay for an hourly employee, you’ll need to subtract all applicable payroll deductions from their gross pay. Let’s assume that the hourly rate for the employee is $20, and they worked 40 hours in a pay period, for a total of 80 regular hours and 5 overtime hours.

Net Pay

Regular Pay = $20 per hour x 40 hours = $800

Overtime Pay = ($20 x 1.5 times) x 5 hours = $150

Gross Income = $950

Next, calculate the employee’s total payroll deductions for the pay period. This will depend on several factors, such as the employee’s tax withholding status, benefit elections, and any other pre-tax or post-tax deductions they may have. Let’s assume that the total deductions for this employee amount to $ 252.16.

Finally, subtract the total deductions from the gross pay to arrive at the net pay:

$950 gross pay – $ 252.16 deductions = $697.84 net pay

So in this example, the employee’s net pay for the pay period would be $697.84. It’s important to note that these calculations may vary depending on the specific deductions and tax laws in your state/county/city.

How to calculate net pay for salaried employees

To calculate the net pay for salaried employees, you first need to determine their gross pay for the pay period. Let’s assume the employee has an annual salary of $60,000 and their pay period is monthly.

To calculate their gross pay for the month, divide their annual salary by 12 (the number of months in a year):

Net pay for salaried employees

So the employee’s gross pay for the month is $5,000.

Next, you’ll need to calculate the employee’s deductions for the pay period. This includes federal, state, and local taxes, Social Security, Medicare, and any other pre-tax or post-tax benefits.

Assuming the employee has a total of $1,360.77 in deductions for the month, subtract that amount from their gross pay:

$5,000 – $1,360.77= $3639.23

So the employee’s net pay for the month is $3639.23. This is the amount of money they will receive in their paycheck or via direct deposit after all deductions have been made.

It’s important to note that this is a simplified example, and actual calculations may vary depending on the employee’s individual circumstances and the specific tax laws in their jurisdiction.

6 Common Mistakes in Gross Pay vs Net Pay Calculations

Calculating gross pay and net pay can be a complicated process, and it’s easy to make mistakes. Here are some common mistakes to avoid:

  • If an employee works more than 40 hours in a week, they may be entitled to overtime pay, which is typically calculated at a rate of 1.5 times their regular hourly rate. Failing to include overtime pay can result in an inaccurate gross pay calculation.
  • It’s important to correctly classify employees as hourly or salaried, as this can affect how their pay is calculated. Misclassifying an employee can result in incorrect calculations for both gross pay and net pay.
  • There are a variety of taxes that must be deducted from an employee’s gross pay, including federal, state, and local taxes, Social Security, and Medicare. Failing to deduct the correct amount of taxes can result in an inaccurate net pay calculation.
  • Some benefits, such as health insurance and retirement contributions, are deducted from an employee’s gross pay before taxes are calculated. Failing to account for these pre-tax benefits can result in an inaccurate net pay calculation.
  • Some benefits, such as after-tax retirement contributions or voluntary deductions like charitable donations, are deducted from an employee’s net pay. Forgetting to include these deductions can result in an inaccurate net pay calculation.
  • Tax laws are constantly changing, and it’s important to stay up-to-date with the latest regulations. Failing to keep up with changes in tax laws can result in incorrect gross pay and net pay calculations.

Tips for Employers

We have listed some tips for employers to ensure accurate and efficient calculation of gross pay and net pay for their employees. These tips can help you avoid common mistakes and create a positive working environment for your employees.

  • Ensure that your employees understand the calculations behind their Gross Pay and Net Pay. Provide them with a breakdown of their paycheck, including any deductions made.
  • Make sure that you keep accurate records of your employees’ hours worked, overtime hours, and any other compensation, such as bonuses or commissions. This will help you to calculate their Gross Pay accurately.
  • Tax laws and regulations can change frequently, so it’s important to stay up to date with the latest updates. This will help you to accurately calculate your employees’ Net Pay and avoid any penalties for incorrect tax filings.
  • Using payroll software like CheckMark Payroll Software can help simplify the process of calculating Gross Pay and Net Pay. It can also automate tax calculations and filings, reducing the risk of errors.
  • Regularly review your employees’ paychecks to ensure that they are accurate and all the deductions are correctly calculated.
  • Provide training to your payroll team on how to accurately calculate Gross Pay and Net Pay. This will help reduce errors and ensure all employees are paid correctly.

By implementing payroll software, you can streamline the process of calculating and distributing paychecks, reducing the likelihood of errors and ensuring your employees receive their payments on time.

You need to follow best practices in payroll management, such as maintaining accurate records, keeping up with tax laws and regulations, and conducting regular audits to identify and correct errors. This can help to avoid penalties and legal issues down the line.

Staying informed with the latest IRS regulations is also crucial in ensuring compliance with federal and state laws related to payroll taxes and deductions. You should always stay up-to-date on changes to tax rates, contribution limits, and other key factors that may impact your employees’ paychecks.

Payroll management is a critical aspect of any business and ensuring that employees are compensated fairly and accurately is vital to understanding the fundamental difference between gross pay vs. net pay. This can help to build trust and loyalty among employees, ultimately leading to a more productive and successful workplace.

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What Is Net Pay? How to Calculate Net Pay (with Examples)

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Employees only receive a portion of their initial salary, as a percentage from their income needs to go towards tax liabilities and other mandatory deductions.

The amount employees receive after these expenses have been deducted is known as their net pay.

This guide will go through the details of what net pay is, what type of deductions decrease it, and how you can calculate net pay for your small business accounting .

Read along to learn about:

What Is Net Pay?

What’s the difference between net pay and gross pay, how to calculate net pay (step-by-step), automate net pay with payroll software.

Net pay, commonly known as take-home pay, is the income employees receive after deductions and withholdings have been removed from their wage or salary.

Those deductions can be either mandatory or voluntary .

Mandatory deductions are deductions required by law, such as:

  • Federal income taxes
  • Local income taxes
  • State income taxes
  • Wage garnishments, which vary from garnishments for child support, consumer debt, student loans, etc.

Voluntary deductions apply when employees request to pay for services such as:

  • Medical care
  • Life, accident, disability insurance
  • Retirement savings plan
  • Health savings account

If you want to learn more about the payroll process and the different types of payroll and income taxes, head over to our complete guide on understanding payroll .

When you’re hiring a new employee, one of the many documents you need to have them complete is the W-4 form. As an employer, a W-4 form tells you the exact amount in tax you have to withhold from your employee’s paycheck.

If this form isn’t filled out correctly, your employees could risk underpaying their taxes throughout the year and owing large sums to the revenue service department.

As we’ve mentioned, net pay is the money your employees receive after taxes and withholdings.

These taxes and withholdings are deducted from the initial, basic salary or wage, known as an employee’s gross pay.

So, in other words, gross pay refers to the amount you pay your employees based on the agreed-upon salary or wage, before mandatory and voluntary deductions.

According to the Internal Revenue Service, gross pay includes all income you receive in terms of cash, goods, property, services, before taxes and other withdrawings are deducted. Reimbursements , bonuses, overtime work are all forms of income included in gross pay.

Step 1: Determine Gross Pay

To calculate gross pay, you have to take your employee’s total annual salary and divide it by the number of pay periods within that year .

So, for instance, if an employee has an annual salary of $48,000, and you pay them twice a month, you have to divide their annual salary by 24. Their gross pay would amount to $2,000.

When you’re working with wage employees, you can determine gross pay by multiplying the hours they’ve worked by the pay rate. Make sure to also take into account any deductible work hours from absences.

As an example, let’s assume your employee works 25 hours a week for $10 per hour. Their weekly gross pay would be 25 hours x 10 per hour = $250.

Step 2: Determine the Sum of Pre-Tax Deductions

Some voluntary deductions can be calculated on a pre-tax basis.

This means you take out a voluntary deduction from your employees’ payroll before calculating mandatory taxes. Pre-tax deductions lower your employee’s taxable income and payroll taxes.

Now, whether or not a deductible is pre-tax depends entirely on your country’s tax rules as well as your business policies. Your employees may not have any pre-tax deductibles, so if that’s the case, you can skip this step altogether and directly subtract deductions from gross pay.

To illustrate how pre-tax affects net pay, let’s assume an employee with a $3,000 biweekly gross pay needs to compensate for the following pre-tax deductions:

  • A healthcare deduction that amounts to $40
  • A retirement plan deduction that amounts to $50

After these $90 worth of pre-tax deductions, the employee will be taxed for $2,910 worth of income instead of the full $3,000 of gross pay.

Step 3: Calculate Taxes and Add Up Post-Tax Deductions

After you’ve determined and subtracted your pre-tax deductibles (if your employee has any), you have to use the remaining taxable income to calculate federal, local, and state taxes. This can be done manually, through software, or using calculators online.

Then, the very last calculation you need to make is to determine post-tax deductions.

Post-tax deductions are voluntary deductions you subtract after calculating your taxes. They could be withholdings for retirement plans, insurance, healthcare, or any type of voluntary deduction.

Just like with pre-tax deductions, all you have to do is know what post-tax deductibles an employee has, and add them up.

And again, as tax law can be confusing, we recommend talking to your state Department of Labor and/or a law attorney when you’re settling payroll taxes and deductions.

Step 4: Find Net Pay

The general formula for net pay is as follows:

net pay assignment

If you have pre-tax deductions, subtract those from the gross pay, and then calculate taxes from the remaining amount.

In case you don’t, then you can calculate net pay by directly removing taxes and deductions from gross pay.

Don’t want to go through the hassle of manually calculating and distributing employee payroll? Then use cloud accounting software instead.

With Deskera, managing net pay and streamlining the payroll process is as easy as 1-2-3!

From the Deskera Payroll Software , you can set up custom bonuses, voluntary and mandatory deductions, and other pay components for each employee.

Then the software will identify these components and automatically calculate salary and wages, based on a pre and/or post-tax basis.

Deskera Payroll Software - Net Pay

The platform also allows you to set up flexible pay schedules, maintain detailed records for each employee, send payroll automatically through a direct deposit feature, and so much more.

Give Deskera a try out right now, by signing up for our completely free trial . No credit card details necessary.

Key Takeaways

And that’s a wrap!

For a quick recap, here are some of the main points we’ve covered in today’s post:

  • Net pay is what employees receive after withdrawings and deductions have been subtracted. These deductions can either be mandatory or voluntary.
  • Mandatory deductions include state and local taxes, while voluntary deductions include withdrawings for insurance, retirement plans, healthcare, and so on.
  • The initial, untouched salary amount employees earn, is known as the gross pay. To calculate net pay, taxes and other withdrawals are subtracted from gross pay, either on a pre-tax or post-tax basis.
  • With payroll software like Deskera, you can automate your entire payroll process, within seconds.

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Computing net salary of employees using functions - C++

Below is what I have thus far. I can't seem to figure out what I'm doing wrong. I think the input validation functions that I have are incorrect as well. Original problem is:

Write a program a program that would compute the net salary of employees. The program should prompt the user to input number of hours worked and the hourly wage. Employees pay 17.5% of their gross salary as social security contribution. All employees pay 20% tax on their gross salary. Employees with gross salary less than 2500, pay 10% tax on their gross salary. Your program should use the following functions;

a. computeGross :This function calculates the gross salary based on the number of hours worked and hourly wage. The gross salary calculated is returned to the main function.

b. computeDeductions: This function accepts as input , the gross salary , computes the social security and tax deductions and returns the total deductions to the main function

c. computeNet: This function accepts as input the gross salary, deductions and prints out The gross salary, total deductions and the net salary .

d. validateHours: This function is used for input validation. It determines if the number of hours provided by the user is valid or not. The number of hours worked in a pay period cannot exceed 150 and cannot be negative.

e. validateWage: This function is used for input validation. It determines if the hourly wage provided by the user is valid or not. The hourly wage cannot exceed 200 and cannot be negative.

scrowler's user avatar

  • 2 So what is your specific question? –  OldProgrammer Commented Nov 3, 2015 at 2:30
  • When I run the program, I get 0 as the net salary, and no, my inputs are not 0. I'm trying to figure out why that is the case. –  bradym55 Commented Nov 3, 2015 at 2:32
  • 1 Please take some time out to lean how to use a debugger. Step through the code,examine variables, etc. –  OldProgrammer Commented Nov 3, 2015 at 2:36
  • 1 @OldProgrammer you are old timer you might need glasses :) he is not calling any function from main() :) no debugger can help him debug a code he is not calling :) –  user4580220 Commented Nov 3, 2015 at 2:43
  • No, but should will make the lack of said calls pretty smurfing obvious. –  user4581301 Commented Nov 3, 2015 at 2:55

2 Answers 2

First of all, you have to actually call your functions in your main functions for them to do anything.

For example:

Also, when you declare your functions before your main function you have to make sure they have the same number of parameters when you actually create the function bodies later on.

For example: You define this in the beginning:

then later you have this when making the function body:

You also shouldn't cout in user defined functions imo, but you should be fine with this assignment. Have you learned about reference variables yet? It looks like a few of the things you are trying to do could benefit from them.

EDIT: I think I fixed it:

hbazzi234's user avatar

You never actually called any of your functions. After you receive your final input from the user you should start calling the functions to calculate your results, then it should work.

The reason it only prints out 0 is because you set netSalary to 0, then never did anything to manipulate the variable to any other value.

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Cubs Sign Tomas Nido, Designate Yan Gomes For Assignment

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MLB Trade Rumors

By Steve Adams | June 19, 2024 at 10:20am CDT

10:20am: The Cubs have made the moves official.

9:55am: The Cubs are making a change behind the plate, signing veteran catcher Tomas Nido to a big league contract and designating Yan Gomes for assignment, as first reported by Bleacher Nation’s Michael Cerami . Nido, an ACES client, was released by the Mets on Monday after being designated for assignment last week. The Mets are on the hook for the majority of this year’s $2.1MM salary. The Cubs will only owe Nido the prorated league minimum for any time spent on the roster.

net pay assignment

The 30-year-old Nido inked a two-year, $3.7MM contract prior to the 2023 season, buying out his final two seasons of arbitration eligibility. He was outrighted off the 40-man roster last season following a dismal .125/.153/.125 start through 61 plate appearances but chose to accept a Triple-A assignment due to the fact that electing free agency would’ve required him to forfeit the remainder of the guaranteed money on his contract.

Nido was selected back to the big leagues this season when Francisco Alvarez hit the injured list with a thumb injury that required surgery. During his most recent stint with the Mets, Nido surpassed five years of MLB service time, which allowed him to reject his latest outright assignment in favor of free agency while still retaining the remainder of his salary. He batted .229/.261/.361 through 90 plate appearances with the Mets this season.

That level of production is par for the course for Nido, a career .214/.251/.313 hitter in 895 trips to the plate at the big league level. Offense has never been the focal point of Nido’s game, however. He’s an high-end defensive backstop who draws plus grades for his framing and pitch-blocking, coupling those skills with a career 21% caught-stealing rate that’s right in line with this year’s league average.

Even Nido’s lackluster 2024 output at the plate or his similarly uninspiring career batting line would be an upgrade over what the 36-year-old Gomes has mustered this season. Gomes was near league-average at the plate just last season (.267/.315/.408, 10 homers, 95 wRC+) but has cratered with a career-worst .157/.179/.242 batting line in 96 plate appearances this season. Gomes fanned in just 18% of his plate appearances with the 2022-23 Cubs and entered 2024 with a career 23.1% mark in the majors, but he’s whiffed a massive 36 times this season (37.5%).

Like Nido, Gomes has a strong defensive reputation, but the numbers don’t bear that out this year. He’s thwarted just three of the 24 runners who’ve attempted to steal against him (12.5%) — well shy of his excellent 32% career mark. The Brazilian-born backstop’s once-premium framing numbers are below-average for a second straight season, meanwhile, and Statcast also pegs him below-average at blocking pitches in the dirt in 2024.

As is the case with Nido, Gomes is playing out the final season of a guaranteed contract. Chicago signed him to a two-year, $13MM pact in the 2021-22 offseason. Gomes’ performance last year made it a straightforward call for the team to exercise a $6MM club option (a net $5MM decision, given the option’s $1MM buyout). Even Gomes’ detractors couldn’t have reasonably predicted a decline of  this magnitude, however. Gomes’ struggles are a major reason that Chicago backstops have been the third-worst in all of baseball at the plate, leading only the White Sox and Marlins in that regard.

The Cubs will still be on the hook for the remainder of Gomes’ $6MM salary once he inevitably becomes a free agent. (No team is going to trade for or claim what’s left on the contract). Once he’s released, Gomes will be free to sign with any club. A new team would only owe him the league minimum for any time spent on the big league roster. That sum would be subtracted from what the Cubs owe him through season’s end.

78 Comments

' src=

Yan can catch, but Yan can’t hit. Don’t know if Yan Can Cook, but Yan might be cooked.

' src=

You want to see a catcher who can’t hit? Check out the Rays Alex Jackson. He’s hitting .074. That’s up from .049.

' src=

worst hitter I can remember. I recall Kelly Shoppach driving Rays’ fans crazy…we’d roll out the red carpet for that type of hitting today.

' src=

Kelly Shoppach. That’s a name you don’t hear every day

' src=

The catching merry-go-round. Gomes will probably be signed by another club not getting anything out of their catchers (or due to a sudden injury), hoping a change will give him a fresh start. I haven’t read anywhere that scouts see he suddenly aged, etc.

' src=

Alex Jackson makes Jeff Mathis look like Johnny Bench.

' src=

Chicago has cornered the market this season on catchers who can’t hit. Yon Gomes is departing with his career-worst .157/.179/.242 triple slash line. Miguel Amaya remains with the Cubs with his anemic .188/.250/.268 batting line.

On the southside of town, veteran Martin Maldonado possesses a historically bad .083/.139/.130 triple slash with the historically awful White Sox.

' src=

He’ll always be John Gomez to me

' src=

Apparantly, Yan can’t catch very well anymore, either.

' src=

With 60 or 63 currently in MLB. How can the Cubs have #58 and 59? WSox have #60. Jeb make a move

' src=

His bat was not Yans knives. great comment!!

' src=

Good for Tomas

' src=

Crazy that a catcher hitting .229/.261/.361/79 wRC+ is a massive upgrade. Says a lot bout the struggles behind the dish for the Cubs.

' src=

Certainly been a black hole for the Cubs—even worse, they have been bad back there defensively. Especially Amaya.

Rays missed out here. Had to be either Rays or Cubs snatching up this golden opportunity…wish it had been the Rays, but happy the Cubs still care.

' src=

More wasted money.

Number one—not your money, quit worrying about it. It’s is budgeted for and they have it. Number two—you would have been the first one here blasting the Cubs if they had not signed Gomes back after the season he had last year. Please take your emotion out of every move the Cubs make.

Can hardly wait until tomorrow morning after the Cubs eighth starter hits the mound today. Again, not someone that could have been not signed back after last season.

Please understand—-just because something doesn’t work out, doesn’t mean it was wrong.

The Cubs didn’t resign Gomes last offseason. They signed him to a two-year contract the year before.

The problem was that Gomes almost never has back-to-back good seasons and is in his mid-30s. The Cubs should’ve found a better option than signing Gomes to a multi-year deal. Although, admittedly, there were barely any good catching options on that offseason’s free agent market after the Cardinals snatched away their incumbent, Willson Contrares, early on.

Well for one I was all for Gomes coming back. Still am so get your freakin facts straight. The waste of money comes from signing an idiot who is worse than the one you’re replacing. If the Cubs signed a C that actually mattered I’d be fine with it. To whiz away another 6 million to take a firm step backwards is just stupid and anybody who agrees with it are just sheep. So Bah Bah to all of you who really have no clue. If you think this guy is better than Gomes then you need glasses.

Oh goody. Hendricks

' src=

To whiz away another 6 million to take a firm step backwards ==================== Just curious-where did you get $6M from? Isn’t it more like $500k?

Gomes is making 6 million and was earning it until this year. He’s still a solid receiver. Bringing in a new C for slight upgrade with the bat is it worth it? We’ll see what happens with the P’s who are carrying the team right now.

' src=

I found the problem.

If you’d actually read the article, you’d know that he’s not “still a solid receiver.”

He’s a bad receiver, an absolutely awful hitter, a poor thrower, etc. He is among the worst catchers in MLB. The reason I know that is because I read the article.

' src=

They signed him to a 2 year contract in 2022, which worked out pretty well. He was a backup to Contreas his first year and last year he hit pretty well, leading the Cubs to pick up his 3rd year option, which did not work out well.

They have to pay Gomes either way. They’re not spending much more in new money to bring in a replacement. That’s the sunk cost fallacy. They might as well pay that $6M to Gomes while using a better player in his spot.

Meanwhile, Gomes absolutely sucks now on both offense and defense! His is not by any means a solid receiver anymore! The guy replacing him is not just a slight offense upgrade but also a BIG defensive upgrade.

Ah, my mistake, they did sign him three years ago, initially to be the backup. However, he should’ve stayed as the backup instead of being promoted to starter when Contreras left (and shouldn’t have been making $6M a year).

Frankly, the Cubs were lucky that he hit as well as he did last year..

' src=

“Ah, my mistake, they did sign him three years ago,”

You were right, they signed him to a 2-year $13M contract with a club option for 2024, which they picked up @ $6M

They were fortunate that he hit well last year, but that also balances out but the “unlucky” performances.

“Oh goody. Hendricks”

Whoooops… that only took a couple hours to look stupid.

So far it’s 16 million dollars a win. Who’s stupid? Thought so.

“Who’s stupid?”

Based on the replies on this page, that would be you.

As I have suggested to you in the past, best to say nothing and allow people to assume you’re an idiot, than you open your mouth and remove all doubt.

' src=

At least give Lincoln the credit for having said that, not you.

Good grif idiot box, you and your girl friend unclemike are probably the only people that would think I was trying to take credit for coining that phrase.

Just keep your lip zipped.

' src=

Yah. Lol it’s wrong….. how can you say it’s not???? Your gm made a mistake it was wrong….

It’s a pretty simple concept, you should be embarrassed for not comprehending it.

' src=

Uncle Mike please stop commenting on cubs posts. It would be nice not to see your pessimist take once in awhile

' src=

Nido will be paid the minimum. So we are talking about $430k here if he lasts the entire rest of the season.

The bet on Gomes being at least competent this year in a 65 start backup role was a reasonable one compared to what else was on the market.

The bigger question is what do they do with Amaya? His defense is awful, his offense is awful, and I have questions about his pitch calling. I’d rather have Tim Hosely back there and Tim is nearly 80 years old.

' src=

Cubs willing to add any catcher or reliever that another team drops at this point.. Jose Lopez, Nido, that catcher from yesterday, Tyson Miller..

Probably not a good thing when they are picking up pieces the Mets didn’t want.

You do realize the Mets have been one of the better teams in baseball since May 30th right? Are you also aware this was their third best catcher behind Omar Narvaez and Francisco Alvarez?

Navarez was awful, and still doesn’t have a job, so not sure what you’re talking about.

And what does a teams performance since May 30th have to do with anything when it comes to a backup catcher?

Nothing, but the name we are looking for here is Luis Torrens.

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LOL! Oh! Since May 30th! Let’s call the season now, the past 18 days is such an indicator of success compared to the previous 10 weeks!

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Don’t know if I’m surprised or not that Nido got a job before Narvaez

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How on earth can you be surprised? Narvaez was worse that horrible this year. Between the passed balls and the catcher’s interference calls, his defense was beyond atrocious, and he was a liability every single minute that he was on the field. And Nido outhit Narvaez this year. Nido also has another year before free agency, so the Cubs will have the option to tender him a contract and keep him if they want. Not the case with Narvaez.

Geofft I’m not sure what point you were trying to make – he was trying to say Nido is the better catcher

tozer That’s not how I read/understood it. Maybe my read was wrong, but my take was that he was uncertain as to which one might be signed first.

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Great Guy! I wish him all the luck except against the Mets.

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Tan was starting to hit but it was too little too late. Hope this move works out.

He’ll do well as a backup with the Cubs.

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Cubs just keep adding below mediocre players to replace below mediocre players, great strategy-where’s this farm system everyone keeps bragging about?

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The Cubs miss Willson.

Willson: Hidey-ho, rivals.

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Rick Wrona isn’t available?

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Rays release Jackson then sign Yan?

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Glad Tomas found a MLB job. Good person. Capable catcher.

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Word on the street in Lincoln park Chicago is that Jody Davis and Damen Berryhill are coming out of retirement to play for the cubs. Yes you heard that right baseball fans. This should secure at least a fourth place finish this year. Still smh over paying for the manager that they signed

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Damon Berryhill. Now there’s a name I haven’t heard in forever.

He had big time potential as a Cather. They also had Joe Girardi behind the plate as well. At this point bring them out of retirement it couldn’t hurt

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Maybe the MLB can make a second DH to replace the catchers.

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Hoyer…Yea you Jed Hoyer..This I’d your big up grade. Once again you have done nothing to help this roster. I don’t knowing if it’s Ricketts controlling you or your inability to put a roster together. But both of you need to go.

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Its gonna happen.

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I could see Gomes to the Rays or Phillies

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The clock struck midnight for Gomes. Too bad because up until this year he’d had a pretty solid career at the plate. It may be just me, but it seems lately there are more and more players whose stats don’t gradually trend downward. They just fall off a cliff and don’t even hit any branches on the way to rock bottom. It’s like they wake up one day and the magic is gone.

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But is this guy going to hit any better? If the Mets released him with money owed, he can’t be that good.

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Hopefully Gas Money signs somewhere. Not including this year he had a solid 2 years with the Cubs.

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This is funny, right? Mets dump Nido cause they have finally seen enough of him, and Cubs sign him as an antidote to catching woes. Gomes was a very good player. Major cog in Nats’ 2019 World Series title. If he still has something in the tank, I hope he catches on somewhere. If he’s done, well, he earned over $50M, and if he still wants to play, the Mexican League is calling.

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That’s an unfair assessment. It’s not they didn’t “finally see enough of him.” The Mets picked up Torrens from the Yankees for cash and he’s been riding a hot streak. At the same time, Alvarez came back and the young catcher continues to hit. There’s no good way to keep three catchers on the 40-man roster, so one had to go.

I’m sad to see Nido leave the organization and I think he’s still got plenty of respectable baseball in him.

Yeah, Torrens is two years younger than Nido, has good tools on both sides of the plate, with a lot more offensive upside than Nido. He also costs less and comes with two more years of club control as opposed to one for Nido. Plus the Mets also have two catchers in AAA with major league experience.

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As a Padre fan I only see Gomes when he plays the Padres and it seems like he always homers against them and gets on base. Must not do that so much against everyone else.

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If Yan could get creative, he would just try to play on 3 or 4 game contracts against whatever team was playing the Padres and he’d have an all star year.

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Thank you, Yan, for all your efforts and being a great teammate.

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I’d have rather seen them give Pablo Aliendo a shot

Thats fanspeak, not sensible baseball talking. It pains me to see suggestions like this. Players who can successfully make the jump from AA to the majors are sooo exceedingly rare, much more than fans realize. Its even harder for a catcher, who has so much more on his plate than other position players. And you’re talking about a catcher who’s thrown out only 11% on steal attempts this year. Just look how many players – good players – come up from AAA only to have to be sent back own three or four times over two seasons before they stick as a regular. If you call up this kid from AA, you run the risk of running out of options on him before he is ready to stick in the majors. At the very least, you know that Nido calls a good game, pitchers like throwing to him, and he plays solid defense. Has Aliendo ever even handled a major league sweeper or any of the other new pitches that are suddenly being thrown over the past year? Are they even throwing those pitches in AA yet with any regularity? And would he know when to call for them?

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The Cubbies have really been stinking it up the last month or so, and their relief pitching staff, with a few exceptions, has been terrible. Granted, they’ve also been hit with one injury after another, but I honestly didn’t expect things to go this bad.

Craig is a great person I’ve met him multiple times but he’s not a good manager.. he had pitchers in Milwaukee he pulled them way to early look at burnes no hitter he will not let a pitcher go three times thru the lineup it burns the bullpen… plus he plays station to station he don’t like bunts and steals look at the brewers offense now when they bunt and steal… cubs will have a terrible offense with him in charge… the proof is there

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I have faith CC will get the Cubs firing back on all cylinders. They played beyond horrible and the pen has been god awful but guys are starting to come around offensively.

My opinions are just that but I personally think riding Tauchman at lead off (and dh) was a huge mistake. Nico should be leading off from here on out and he should be adding pressure on pitchers when he gets on base. Let the guy run!! Morel needs to be moved off third. See if a switch to dh can get his bat to wake up some. Lastly, we need to ride Busch at first base as often as possible. I like PCA but he’s young and not hitting, option him and keep Bellinger at center. I don’t like platooning guys, especially young guys. You also have dudes like Happ who can’t seem to hit lefties but they beat up relievers that follow lefties to death.

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Has Pirate written all over him

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  1. Net Pay Worksheet Answers

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  2. [Solved] Assignment 3

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  3. Calculating Net Pay Worksheet

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  4. How to Calculate Net Pay for Accurate Payroll (With Example)

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  5. Net Pay

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  6. FREE 6+ Sample Net Pay Calculator Templates in PDF

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  5. Gross & Net Pay

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COMMENTS

  1. Tips for Calculating Net Pay for Employees

    The formula for calculating FICA tax is gross pay times the employee portion of the tax, which is 7.65% (6.2% for Social Security and 1.45%t for Medicare). The gross pay for Sam this pay period is $516, so you must withhold $39.47 in FICA taxes. The gross pay for Carlotta this pay period is $1,384.62, so the FICA tax you must withhold $105.92.

  2. Paycheck Tax Calculator

    The paycheck tax calculator is a free online tool that helps you to calculate your net pay based on your gross pay, marital status, state and federal tax, and pay frequency. After using these inputs, you can estimate your take-home pay after taxes. The inputs you need to provide to use a paycheck tax calculator.

  3. 2024 Free Salary Paycheck Calculator: Calculate Your Net Earnings

    Here's a step-by-step guide on how our calculator works and how it can help you understand your paycheck better: 1. State: Our calculator is designed to cater to the specific tax rules of each state. Simply select your state to ensure the calculations take into account state-specific tax rates and regulations. 2.

  4. How to Calculate Net Pay for Accurate Payroll (With Example)

    2. Subtract deductions to find net pay. To calculate net pay, deduct FICA tax; federal, state, and local income taxes; and health insurance from the employee's gross pay. Using the formula to calculate net pay, determine the employee's net pay. Net Pay = Gross Pay - Deductions.

  5. Gross Pay vs. Net Pay: Differences, Calculations & Examples

    Let's assume that the total deductions for this employee amount to $ 252.16. Finally, subtract the total deductions from the gross pay to arrive at the net pay: $950 gross pay - $ 252.16 deductions = $697.84 net pay. So in this example, the employee's net pay for the pay period would be $697.84. It's important to note that these ...

  6. How To Calculate Net Pay in 3 Steps (Plus Definition)

    To do this, simply subtract your deductions from your gross pay. Use the following formula to calculate your net pay: Net pay = gross pay − deductions Example: You earn a yearly salary of $25,000. This amount is your gross pay. Monthly, you make a gross pay of about $2,083.

  7. PDF Calculating the numbers in your paycheck

    7. What are the total payroll taxes (Social Security plus Medicare)? $15.30. 8. How much was deducted in income taxes (federal plus state tax)? $9.37. 9. What's the net income for this pay period? $175.33. 10. Describe the difference between gross income and net income and how . understanding this difference helps you better manage your money.

  8. PDF NET PAY AND DEDUCTIONS

    ASSIGNMENT 8 - NET PAY AND DEDUCTIONS 1) If the federal tax rate is 15%, how much is deducted from your $750 paycheque for federal taxes? 2) Marc has a gross income of $500 per week. He pays $1.38 in union dues and contributes $43.00 towards his company pension plan each week. What is his weekly

  9. What Is Net Pay? How to Calculate Net Pay (with Examples)

    Step 1: Determine Gross Pay. To calculate gross pay, you have to take your employee's total annual salary and divide it by the number of pay periods within that year. So, for instance, if an employee has an annual salary of $48,000, and you pay them twice a month, you have to divide their annual salary by 24.

  10. Net Pay Assignment-1.docx

    Annual Salary:$48,000 Payroll Period: Semi Monthly State: Wisconsin Filing Status: Single Allowances: 1 Trad 401K: 6% Gross semi-monthly salary 1,755 Deductions: FICA - Social Security 108.81 FICA - Medicare 25.45Federal Income Tax 141 State Income Tax 90.20401KOther Total Deductions 365.46 Net Pay 1,389.54 Gross semi-monthly salary 2,000 ...

  11. Net Pay Flashcards

    payroll register. a record in which the total pay, deductions, and net pay for all workers in a business is recorded. Study with Quizlet and memorize flashcards containing terms like Social Security Act, Federal Insurance Contributions Act, net pay and more.

  12. Chapter 2

    net pay. the total earnings paid to an employee after payroll taxes and other deductions. standard deduction. Reduces the income subject to tax and varies depending on filing status, age, blindness, and dependency. This amount is subtracted from gross pay and results in the adjusted gross income. We use $5450 for single persons and $10,900 for ...

  13. How to Calculate Net Pay (With Step by Step Instructions)

    3. Calculate net pay. Once you have determined your gross pay and the sum of your deductions, you can calculate your net pay with a simple equation. To calculate net pay, subtract the sum of your deductions from your gross pay. Use the following equation to calculate your net pay: net pay = gross pay - deduction.

  14. PDF It's Your Paycheck! Lesson 2: 'W' is for Wages, W-4, and W-2

    • Point out that John had no overtime or holiday pay this period, so total pay for this period and year-to-date are also $360. 4. Refer the students to the "Net Pay" line at the bottom of Handout 2.1. Point out that net pay is the amount that John actually received. Discuss the following: • Why did John earn $360 and receive only $310.06?

  15. It's Your Paycheck! Curriculum Unit

    Students compute the gross pay for a fictional John Dough given his hourly wage and the number of hours worked. They compare gross pay to net pay. They learn what FICA and federal income taxes are. They learn how to complete a W-4 form and what a W-2 form is. Lesson 2 (pdf) PowerPoint (pptx) Lesson 3: Cash the Check and Track the Dough

  16. PDF Federal Reserve Bank of Kansas City

    $49.05, leaving $310.95 for her net pay. 2. Name three mandatory withholding payments from Julie's paycheck, along with their dollar amounts. Federal withholding - $12.40; Social Security - $15.10; Medicare - $5.20 Explain what the dollars from each withholding payment are used for.

  17. PDF 10-12

    • Explain the difference between gross income (or pay) and net income (or pay). o Gross income is your total earnings before deductions (e.g., income tax). o Net income is your total earnings after deductions. • Briefly review the information at the top of the provided handout with students. Then, have them complete the practice questions.

  18. Net Pay Calculation.docx

    Assignment 3 - Net Pay Calculation - 20% This assignment relates to the following Course Learning Requirements: CLR 2: Describe Canadian federal and provincial labour and employment standards as they apply to employers. CLR 3: Calculate pay for various types of employees Objective of this Assignment: To assess the learner's knowledge of what earnings are subject to which statutory ...

  19. Assignment 1

    The remaining 50% of the cost of the premiums (plus 7% RST) will be a post-tax payroll deduction for employees which will decrease employees' net pay. For example, vision care premiums for John Smith for one month are $4.00 (including 7% RST). The employee will pay $2.00 as a post-tax payroll deduction.

  20. CH 6 Net Pay Assignment 2020--FORM show work (1)

    Finance document from Saint Louis University, 1 page, Personal Finance - Chapter 6 Net Pay Assignment - SHOW YOUR WORK!_ Name Click or tap here to enter text. 1.Bob worked 44 hours at his job. His regular hourly rate is $12. He had the following deductions: Federal income tax: $44.00 State income tax: $32.00

  21. PDF Finance Assignment 3: Deductions and Net Pay

    Finance Assignment 3: Deductions and Net Pay 1. Juliana has an annual salary of $45 785.00. a) How much does she pay in union dues if the rate is 2.4%? b) How much does she pay in CPP if the rate is 4.95% and her taxable income is $44 686.16? 2. Mario had $685.74 deducted in federal tax. If his taxable income was $2981.52, what

  22. c# using operators with calculations (net pay) (gross pay)

    It's not like he was asking us to do his assignment for him. - Jim Mischel. Commented Mar 17, 2009 at 5:02. We've had this problem ... {0:C2} ", socialSecurityWithheld); Console.WriteLine(" Net Pay: {0:C2}", netPay); Console.ReadLine(); // You don't need this line if your running from the command line to begin with } static double ...

  23. Computing net salary of employees using functions

    Write a program a program that would compute the net salary of employees. The program should prompt the user to input number of hours worked and the hourly wage. Employees pay 17.5% of their gross salary as social security contribution. All employees pay 20% tax on their gross salary. Employees with gross salary less than 2500, pay 10% tax on ...

  24. Cubs Sign Tomas Nido, Designate Yan Gomes For Assignment

    10:20am: The Cubs have made the moves official. The 30-year-old Nido inked a two-year, $3.7MM contract prior to the 2023 season, buying out his final two seasons of arbitration eligibility. He was ...

  25. Top things to know about Copilot+ PCs from Microsoft Surface, available

    With approval of Citizens Pay Line of Credit at 0% APR and 12- or 18-month term. Subject to individual credit approval. See the Citizens Pay Line of Credit Agreement for full terms and conditions. Citizens Pay Line of Credit Account offered by Citizens Bank, N.A.