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What is Gross Salary definition/concept

It’s called salary crude to the total amount of money that a worker previously receives the additional and discounts that are applied by the employer because of the many contributions that have to be met. Therefore, it is important to understand that the so-called gross salary is different from the money that the employee receives at the end of the work period determined for payment. These discounts and additionals must be timely represented on the receipt of the salary received in order to be easily understood; They can vary in relation to each country, although it is possible to provide an overview as an approximation.

First, it is important to emphasize that deductions are made by the company or employer making the payment. Within this, there are social payments, for retirement and their income or income withholding . In the first two cases, it can be said that indirectly they are deductions that the worker receives in exchange for other benefits; however, in the case of income tax , it is undoubtedly harmful to the taxpayer. Gross Salary

Second, when considering surcharges, we must account for a number of circumstances that can cause the base salary to rise. Thus, we must consider the rewards for productivity, that is, the rewards obtained by the worker for a good performance ; in addition to the various salary supplements such as unhealthy conditions, working time, night pay, overtime, extras such as food , basic food basket, transport, etc. Gross Salary

The net salary is that obtained after all discounts and additionals, the salary in hand as they say in popular slang. This is the money the employee finally receives after a certain period of work. The gross salary would be just the starting point of the various reduction and addition operations. Gross Salary

It is important to have an idea of ​​the real values ​​obtained after the discounts made. Generally, job offers usually refer almost exclusively to the gross salary, but it is necessary to take into account the percentage that falls under the legislation of the country in question, in order to avoid misunderstandings. This is important to know in some way, especially when starting the first work experiences, as the lack of experience can also cause certain inconveniences.

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