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Net salary: Experts give a simple rule of thumb for calculation

2022-02-09T04:28:29.656Z


Net salary: Experts give a simple rule of thumb for calculation Created: 2022-02-09 05:24 By: Andrea Stettner How do I calculate my net salary? You don't need a salary calculator for this. With the help of a simple formula, you can determine the net wage in just a few seconds. The contract of employment states the negotiated salary, but that does not correspond to the amount of money that actu


Net salary: Experts give a simple rule of thumb for calculation

Created: 2022-02-09 05:24

By: Andrea Stettner

How do I calculate my net salary?

You don't need a salary calculator for this.

With the help of a simple formula, you can determine the net wage in just a few seconds.

The contract of employment states the negotiated salary, but that does not correspond to the amount of money that actually ends up in the account at the end of the month.

Various items are first deducted from the gross salary.

Here you can find out how you can easily calculate your net wage yourself using a formula.

Also interesting:

This is the average salary in Germany.

What is the net salary?

The

net salary

corresponds to the amount of money

paid out by the employer after

deduction of taxes and social security contributions.

Specifically, the following items are deducted from the gross salary:

  • income tax

  • possibly solidarity surcharge

  • possibly church affiliation

  • Health insurance

  • care insurance

  • pension insurance

  • unemployment insurance

The amount of wage tax is significantly influenced by the tax class and tax exemptions.

How high the deductions for insurance contributions such as health and nursing care insurance are, has a significant impact on the gross salary.

Calculate net salary with formula

A gross-to-net calculator is required for an accurate calculation of the net salary.

According to the experts, anyone who wants to have a rough indication of their new net salary after changing jobs can use the following rule of thumb as a guide:

The net salary corresponds to around 60 to 70 percent of the gross salary

.

In low-income jobs, around 70 percent is deducted from gross wages, in higher-paying jobs it's closer to 60 percent, according to the Steuerclass.com

portal

.

By the way, in 2022 many employees will receive more net.

In another article we will explain why this is so and who benefits most.

The net salary can be easily calculated using a formula.

© Eibner/Imago

How high does the gross salary have to be to earn 2,000 euros net?

Conversely, the gross salary can also be roughly calculated using a rule of thumb.

This can be very useful if you want to request a salary increase from your boss and have a certain net amount at your disposal every month.

According to the experts from

content.de

, you simply take

1.3 to 1.4 times the net salary

- you will receive the approximate gross salary.

For example, if you want to earn 2,000 euros net, you have to negotiate a gross salary of around 2,600 euros to 2,800 euros.

However, for a more accurate result that also takes your tax class and state into account, you should use a salary calculator, which can often be found on the Internet.

Do you actually know your hourly wage?

It can be calculated quickly with this formula.

(as) *Merkur.de is an offer from IPPEN.MEDIA.

Source: merkur

All life articles on 2022-02-09

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