I got an offer from a company which states "The base compensation for this position will be
$$ per hour, less payroll deductions and withholdings, paid biweekly". What does the less payroll deductions and withholdings mean? Does it mean the net pay $$ per hour or deductions will be made on the stated $$ per hour? The employer mention it as net pay but I am confused. There is always an income tax to be paid by the employee.
Yes, the terminology of "net pay" is the amount your receive after payroll deductions and withholding (which is usually comprised of income tax, and then if applicable, things like: health insurance premiums, garnishments, 401k). So in the quote from the contract you've provided, the dollar amount is before withholdings. It is always a good practice to call the employer to ask all questions you have about an offer while you consider it, ultimately this is my recommendation.
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