What makes up an employee's gross salary?
Most employees negotiate a net salary at the point of hiring, and so they have no idea what happens to their gross salary before it becomes net. For those that like to negotiate gross, some of them still don't know what makes up that gross – they just ask because they'd like to know the difference between the gross and the net. Some even think that this difference is just tax alone.
There is however, a method to the breakdown of an employee's negotiated gross salary. Whenever employers negotiate a figure with a prospective candidate, it's usually from a breakdown they are working with. This breakdown is from the payroll sheet. And whenever an employee succeeds in negotiating a figure higher than what the employer hoped, there is some work that goes on in the payroll sheet to adjust that breakdown.
Let's see what this breakdown is:
An employee's total negotiated gross salary is constituted of the following:
There is however, a method to the breakdown of an employee's negotiated gross salary. Whenever employers negotiate a figure with a prospective candidate, it's usually from a breakdown they are working with. This breakdown is from the payroll sheet. And whenever an employee succeeds in negotiating a figure higher than what the employer hoped, there is some work that goes on in the payroll sheet to adjust that breakdown.
Let's see what this breakdown is:
An employee's total negotiated gross salary is constituted of the following: