Monday, July 15, 2024

Gross Pay vs Internet Pay Defined


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* Early entry to direct deposit funds is dependent upon the timing of the submission of the cost file from the payer. We typically make these funds out there on the day the cost file is obtained, which can be as much as 2 days sooner than the scheduled cost date.

1 Info from ADP’s Gross Pay vs Internet Pay as of August 11, 2023: https://www.adp.com/sources/articles-and-insights/articles/g/gross-pay-vs-net-pay.aspx

2 Info from Client Finance’s How To Learn a Pay Stub as of August 11, 2023: https://recordsdata.consumerfinance.gov/f/paperwork/cfpb_building_block_activities_how-to-read-pay-stub_handout.pdf

3 Info from Social Safety Administration’s How is Social Safety Financed? as of August 11, 2023: https://www.ssa.gov/information/press/factsheets/HowAreSocialSecurity.htm

4 Info from ADP’s What Are Payroll Deductions? as of August 11, 2023: https://www.adp.com/sources/articles-and-insights/articles/p/payroll-deductions.aspx

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