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Gross salary
The gross salary corresponds to the total payments received by the employee.
The gross salary corresponds to the total payments received by the employee under his employment contract, prior to any deduction of compulsory employee contributions. It includes wages, commissions, bonuses, and any other payments owed by the employer to the employee.
Related Glossaries
Gig Economy
A labor market characterized by short-term contracts or freelance work.
Net salary
The wage that the employee actually receives after income tax is deducted.
IBAN
IBAN is an acronym for International Bank Account Number.
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