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?
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?
Responses
3 +4 | gross pay OR net pay | Liz Dexter (was Broomfield) |
3 | gross minimum wage | Inge Dijkstra |
Responses
+4
4 mins
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.
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
|
Thank you!
|
|
agree |
Veronika McLaren
4 hrs
|
Thanks!
|
|
agree |
Yasutomo Kanazawa
6 hrs
|
Thank you!
|
|
agree |
Phong Le
6 hrs
|
Thank you!
|
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?
Discussion