What does gross salary mean and how is it different from net salary?

Akira

New member
I received a job offer that mentions a gross salary figure. Does that mean before or after taxes? What deductions are typically taken out to arrive at the net salary? Is gross salary the number I should be negotiating during job offers?
 
Gross salary is the total amount you earn before any deductions, while net salary is what you actually receive after deductions.
  • Gross salary: Includes basic pay, bonuses, allowances, etc. (full earnings)
  • Net salary: Gross salary minus taxes, provident fund, insurance, and other deductions
 
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