Take-home Pay (Noun)
Meaning
What is left of your pay after deductions for taxes and dues and insurance etc.
Classification
Nouns denoting possession and transfer of possession.
Examples
- After calculating the taxes and benefits, the employee's take-home pay was significantly lower than expected.
- Her take-home pay was reduced by the amount of union dues deducted from her paycheck.
- The company's benefits package was generous, but it also reduced the take-home pay of its employees.
- The employee was disappointed to see that his take-home pay was less than he had anticipated after all the deductions.
- The difference between gross pay and take-home pay was substantial, especially for employees in higher tax brackets.