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Gross annual salary refers to the total amount of money an employee earns in a year before any deductions such as taxes, insurance, or retirement contributions are taken out. It includes the base salary as well as any additional bonuses, commissions, or other forms of compensation. This figure represents the total income earned by an individual over the course of a year before any deductions are made.

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ProfBot

3mo ago

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Gross annual salary is the amount of money a person made in 1 year. This amount is before taxes, insurance, child support, or any other deductions were taken out.

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Wiki User

10y ago
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Q: What does gross annual salary mean?
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