Gross Pay Vs Net Pay: What's The Difference? | Salary Negotiation Tips

Gross Pay vs Net Pay: What's the difference? Net Pay = Gross Pay - Deductions (Statutory & Personal). During salary negotiation always negotiate based on Net Pay and not Gross Pay. #GrossPay #NetPay This episode is sponsored by SeamlessHR (your all-in-one HR software to streamline your human resources needs) and SeamlessPayroll. Check them here - https://seamlesshr.com/​ and https://seamlesshr.com/payroll ⏰Timestamps 0:00​ - Intro 1:13 - What is Gross Pay? 2:38 - What is Net Pay? 4:19 - Best Approach To Salary Negotiation 📌Do you need someone to talk to as regards your career aspirations? You can book a FREE 30-mins Career Clarity Session with Segun Akiode with this link: https://segunakiode.com/clarity-call/ 📌Remember to subscribe to my channel for more videos: ‪@segunakiode‬ 🎀You may be interested in the following Human Resources Insights Episodes: 📌 How To Negotiate A Higher Salary In An Interview -    • How To Negotiate A Higher Salary In An Int...   📌 How To Reduce PAYE Tax in Nigeria (LEGALLY) -    • How To Reduce PAYE Tax in Nigeria (LEGALLY)   📌 How To Create A Pay Structure From Scratch -    • How To Create A Pay Structure From Scratch   📌 Finance Act 2020 and Personal Income Tax in Nigeria -    • Finance Act 2020 and Personal Income Tax i...  ​ 📌 Overview of Payroll Management -    • Overview of Payroll Management | A Beginne...   📌 Basic Payroll Management Concepts For Beginners -    • Basic Payroll Management Concepts For Begi...   📌 Total Rewards Management -    • Overview of Total Rewards Management | A B...   📌 How To Conduct Job Analysis -    • How To Conduct Job Analysis Effectively: A...   📌 How To Conduct Job Evaluation -    • How To Conduct Job Evaluation: A Beginners...   ★☆★ CONNECT WITH ME ON SOCIAL MEDIA ★☆★ 🐦Twitter: - @segunakiode -   / segunakiode   📸 Instagram: - @segunakiode -   / segunakiode   🎙️ Podcast: https://anchor.fm/segunakiode 🌍 Website: https://segunakiode.com