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