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Net salary
The wage that the employee actually receives after income tax is deducted.
The net salary (i.e. free of social security contributions) is the wage that the employee actually receives after income tax is deducted. Think of it as ‘cash in hand’; what you end up with on your paycheck after everything is deducted.
Related Glossaries
EOR and PEO
Stand for employer of record and professional employer organization.
Relocation
Relocation refers to the process of moving an employee from one geographical location to another, typically to support business needs.
Off-boarding
Off-boarding is the process that leads to the formal separation between an employee and a company.
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How to Hire Remote Employees in India with an EOR
Streamline your hiring process in India with our simple guide to Employer of Record (EOR) services. Discover expert tips, compliance insights, and practical strategies to optimize your business operations. Unlock success with RemotePass, your trusted partner in simplifying international expansion.
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