Money What is net pay? How it works, how to calculate it and its difference from gross pay February 16, 2023March 29, 2023Olivia Munson, USA TODAYComments Off on What is net pay? How it works, how to calculate it and its difference from gross pay Net pay is different from gross pay. Both can be seen on your paycheck, but what do they each mean? Here's what you need to know.