Common contingencies: non-occupational illnesses and accidents

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The gross monthly salary (SM) is the amount agreed between the worker and the company divided by the payments to be made (they can be 12, 14, 16 or others). For example, if your annual salary is €20,000, and you have 12 payments per year, the monthly salary would be equivalent to:

This salary is called base salary , since bonuses ( earnings ) for overtime, productivity bonuses, seniority, night work, danger, among others, can be added. There are others that are considered non-salary benefits (money that is added to the payroll for reasons external to the company) such as compensation, transfers, transportation bonus.

Deductions , which are made based on hong kong phone data contributions (recurring payments made every month: base salary and supplements, excluding aid for work materials, severance pay, transportation aid, etc. )

Amount paid to Social Security (SS) by the worker. It varies according to the sector and agreement, but is usually 6-7% for temporary or permanent contracts and up to 15% for construction and service.

Here you can consult the contribution bases
3 concepts apply
*The company also pays for the worker (this is not charged to the payroll) around 30% of his/her salary, but it depends on the type of contract.



IRPF (per capita income tax) It varies according to the amount you earn (if you earn more you pay more), and family circumstances (age, marital status, number of children, disabled people in your care). It is important to remember that, later, when calculating the result of the Income Tax return, all the withholdings made will be deducted, which will result in a lower amount to pay or a higher amount to be returned. For this reason, they are considered a “payment on account”