Gross Salary
The total salary before any deductions.
People & Claims
Payroll Glossary
Terms for calculating and paying employee salaries.
5 terms · Updated 12 November 2026
G1 term
N1 term
Net Salary
The amount an employee receives after deductions.
P2 terms
Payslip
A statement showing an employee's earnings and deductions for a pay period.
Provident Fund (PF)
A retirement savings scheme funded by both employee and employer.
S1 term
Salary Structure
The breakdown of pay into components such as basic, allowances and deductions.
No matching terms found.
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