What is the term for gross pay after payroll deductions?

The term for gross pay after payroll deductions is primarily referred to as "take home pay." This term specifically reflects the amount of salary that an employee actually receives after all deductions have been applied, such as federal and state taxes, Social Security, Medicare, and any other deductions for benefits like health insurance or retirement contributions.

"Net income" is indeed synonymous with take home pay in the context of personal finances, but it can often be used in broader terms, such as for businesses, to describe revenue after all expenses are taken into account. While "disposable income" also relates to the money available to an individual after taxes are paid, it does not explicitly account for all payroll deductions, which may include voluntary deductions not captured in a standard definition of disposable income.

"Gross income," on the other hand, refers to total earnings before any deductions and is therefore not applicable when discussing the amount an employee receives in their paycheck. Overall, "take home pay" is the most direct and commonly understood term used to describe the final amount received by employees in their paychecks after all mandatory and voluntary deductions.