← Remote Work Glossary

Net Salary (Take-Home Pay)

The amount an employee actually receives after tax and other deductions are removed from gross pay.

Net salary — your "take-home" pay — is what remains after income tax, social contributions and any other deductions come out of your gross salary. It is the number that actually reaches your bank account.

Because tax rates differ hugely between countries, the same gross salary produces very different take-home amounts depending on where you live and whether you are hired as an employee or a contractor.