How do you calculate gross and net salary?

As you know, Gross salary is the pre-tax amount that is awarded to the employee. Taxes include social security contributions and/or other mandatory payments, plus income tax.

Net salary is the post-tax amount that the employee actually receives in their bank account.

Those taxes vary per country, consequently impacting each of your employee's gross and net salary. Our local HR entities have that variability with local laws into account when calculating salary.