Jun 2, 2011 07:18
12 yrs ago
8 viewers *
English term

gross net

English Other Finance (general)
Mr XX is has been employed by this company since 01.01.2010.
Mr XX is paid on a weekly basis and has a gross net of €600.00 per week or €2600.00 per month.

Is it gross remuneration, net remuneration or something else?

Discussion

Inge Dijkstra Jun 2, 2011:
Grammatical error in 1st sentence Hi Aniaf, I have noticed an error in the first sentence: it should be Mr XX has been employed, so "is" should be left out.
Just looks like it's incorrect then. Sounds like gross pay, simply because it's in round numbers, and your tax hardly ever makes it come out like that!
aniaf (asker) Jun 2, 2011:
I know what gross and net means and that they don't go together. Unfortunately, in this sentence they do and this is the only context I've got and the only amounts given. Maybe it's just an incorrect sentence?

Responses

+4
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Selected

gross pay OR net pay

We don't usually use gross and net together.

Gross means the full amount he is paid by his employers before tax.
Net means the amount he ends up with after tax.

So you need to look at the context. If there's another amount mentioned which is less than this, then this is the gross pay. If there's another amount mentioned which is more than this, then this is the net pay.
Peer comment(s):

agree Martin Riordan
4 hrs
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agree Veronika McLaren
4 hrs
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agree Yasutomo Kanazawa
6 hrs
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agree Phong Le
6 hrs
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4 KudoZ points awarded for this answer. Comment: "Thanks a lot"
6 hrs

gross minimum wage

'net' also means 'minimum', as in 'net price', which is a minimum price (Ref. Van Dale dictionary English-Dutch). Though in the context of salary it is usually 'wage'. But perhaps this helps?
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