Whether you earn a salary or hourly wages, you may notice two different numbers on your paycheck. Gross pay is the total amount of money an employee receives before taxes and deductions are taken. Your gross pay will often appear as the highest number you see on your pay statement. It is a reflection of the amount your employer pays you based on your agreed upon salary or hourly wage. Net pay is the amount of money that will finally be available to you. In most cases, your net pay appears in larger font on your paycheck or pay statement and is often bolded to appear darker so that you can easily distinguish it from your momey pay. Related: Guide: How to Ask for a Raise. Your gross income is the total amount of money you receive annually from your monthly gross pay. Your gross annual income and gross monthly income will always be larger than your net income. The reason your gross pay is always higher than your net pay is due to some mandatory and voluntary deductions from your employer ...