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0 pointsyitchelle7y ago0 comments

I have worked in Australia, Singapore and Germany. When mentioning salary, we usually qualify it with either "Gross" or "Net", which corresponds to 1) and 2) respectively on your list.

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trymas7y ago

If I am not mistaken it's in reverse.

1) What you get in the bank -> Net salary

2) What you get in the bank + what you pay in taxes -> Gross salary

talaketu7y ago

though "what you actually get" in the long run includes superannuation in Australia, but people do not count it as a component of their gross income.

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