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Net salary
The wage that the employee actually receives after income tax is deducted.
The net salary (i.e. free of social security contributions) is the wage that the employee actually receives after income tax is deducted. Think of it as ‘cash in hand’; what you end up with on your paycheck after everything is deducted.
Related Glossaries
Crypto Payroll
Receiving your paycheque in crypto instead of in your specific country’s currency.
FX
The FX stands for Foreign Exchange (FX) Market.
Off-cycle payment
"Off cycles", occur when payments are processed outside of the regular payroll cycle.
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