
Gross Payroll
Gross payroll refers to the total amount of money a company pays its employees before any deductions are made. This includes salaries, wages, bonuses, and overtime pay. It represents the full financial commitment of the employer to their workforce for a specific pay period. Gross payroll does not factor in taxes, retirement contributions, health insurance, or other withholdings that might reduce employees’ take-home pay. Essentially, it is the starting figure that outlines how much the business spends on employee compensation.