What's with telling YEARLY salaries?
What's with telling YEARLY salaries?
I think this is mostly a US thing. Why use yearly salary? You're not paid once a year, are you? Most likely once a month. Referencing monthly salary makes much more sense.
"I'm making 50k". Great, now I have to guess - dollars? Monthly? Yearly? If yearly then what's the monthly paycheck? Net? Gross?
You're viewing a single thread.
In my country you collect 14 salaries. So yearly salary is just the only sensible way to compare internationally.
Please elaborate on the 14 salaries? I'm in Canada, I would guess at most I could claim 3. My occupation, the rebates I get from the federal government, and the rebates from the provincial one would amount to my 'income' each year.
They mean they get paid their monthly salary 14 times.
Why 14?
Edit: other parts of this thread make it clear months 13 and 14 are bonuses the employee is entitled to. Spain does not use a 14 month calendar.
Correct, they're 'bonuses'
My bad, I didn't get notified someone replied to my comment and only just checked. As mentioned below in this thread, I meant we get 14 monthly salary payments, where "months" 13 and 14 are less taxed and are tacked onto a summer and winter month as a holiday and christmas bonus, respectively.