Advertised hourly rates usually refer to the gross rate, which is the pay before deductions, but you may also use the net deposit amount to calculate a net hourly rate.

Learn how to calculate your annual income, whether you're salaried, hourly, or self-employed. Discover tips for accurate calculations and understanding your financial picture.

It's important to keep track of how much you've earned throughout the tax year. Here's how net pay works and its difference from gross pay.

Here's what you should know about net pay, what it is, how to calculate it and the difference between gross pay vs. net pay.

For an hourly employee, wages can include breaks, on-call time, overtime, travel time and training. Gross pay is the starting point for all calculations related to employee compensation and taxes.

The hourly rate for overtime, then, is 1.5 times the regular hourly rate. But the employer is not required to pay overtime for some very specific types of employees.

Here's what you should know about net pay, what it is, how to calculate it and the difference between gross pay and net pay. Start the day smarter.