What is my gross monthly salary?
The gross monthly salary is calculated from several components:
Fixed salary: The fixed salary is the component of your salary that you regularly receive gross from your employer each month. This amount is not variable.
- Premium payments: A bonus is usually linked to your target and is paid when you reach it. This is the case if, for example, you have achieved a certain growth rate or sold a certain number of products. This salary component gives you a very large influence on the amount of your variable salary.
- Bonuses: Bonuses and premiums are often ascribed the same meaning. However, bonuses differ from premiums primarily in that they are not linked to the employee's own success in the company, but to the performance of a department or the entire company.
- Additional benefits: In addition to vacation or Christmas bonuses, fringe benefits also include a company car that may be used privately. Additional benefits usually increase the annual salary significantly and should not be forgotten in the calculation.
- Cost absorption: If an employee's costs are reduced, this can also be a salary component. Costs incurred for a kindergarten or daycare center could be covered by the employer. It is also conceivable that the telephone or Internet bill for employees in the home office could be covered.
- Health promotion: courses or memberships paid for by your employer and designed to support health may also be included.
- Company pension plan: This refers to money that is not paid out with the current salary but invested in a pension plan for the employee.
- Remuneration in kind: This includes in particular technical equipment provided for private use. This can be a cell phone or laptop, for example.