When negotiating a salary, employees should understand whether a figure refers to gross pay or net take-home pay. The difference can be substantial, and confusing the two leads to unrealistic expectations on both sides.
Source: SARS
Frequently Asked Questions
What is gross salary?
It is the remuneration amount before applicable deductions.
What is net salary?
It is the amount remaining after applicable deductions.
Why can two employees with the same gross salary receive different net amounts?
Their deductions and individual circumstances may differ.