Calculate for net pay Monthly, you make a gross pay of about $2,083. You determine that your monthly deductions amount to $700. To calculate your net pay, subtract $700 (your deductions) from your gross pay of $2,083. This would give you a monthly net pay of $1,383.
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What is the Difference Between Basic Pay and Net Pay? While basic salary does not include any of the deductions made, net pay is what an employee takes home after all the required deductions are made .
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