net salary

Definition |

(50)

noun
the salary which is left after deducting tax and National Insurance contributions

Use net salary in a sentence

None of the employees seemed to be satisfied with their net salary, because the deductions were more than they had anticipated.

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The former chief financial officer's net salary for the last six months, after taxes and including his stock incentives and bonus plan, turned out to be around $80,000.

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Because the tax thresholds increase year over year, the same gross salary will lead to a slightly higher net salary over time, ultimately reflecting the fact that the gross salary is decreasing in real terms due to inflation.

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