In Europe people use annual gross salary when they earn enough too.
Monthly after-tax is usually used by lower income people, where low short-term numbers really matter (“Can I make my rent this month?”, “Can I afford to buy/do this small thing this month?”), while annual gross salary is used by people who make a lot of money, where the day-to-day financials don’t matter, but long-term stuff does, and where you also generally have much higher tax pay backs.
I used per-hour salary when I was in university and only worked a few hours per week. I switched to monthly after-tax when I got into an entry-level job that paid quite little, and when I got to higher-paying senior/expert level jobs, I started using yearly figures.
Maybe it differs from country to country then - not necessarily representative for the whole EU. The only time I’ve heard yearly figures is when talking to colleagues from abroad. I’m making above average, and even from folks making 2-3 times more I’ve only heard monthly.
Edit: all job offers (at least those that state a range or a number) are monthly net too.
I had the same thing when negotiating for salaries too, so it wasn’t just when talking to people, but it was in a more official way as well, and I even got it in my contract like that.
When I was working as a tutor, my contract listed my pay in hourly pay, because I worked varying hours and I was paid by the hour. On my entry-level job my contract was in monthly before-tax pay, but negotiations were with monthly after-tax pay. And my later jobs were all in yearly before-tax pay, which might also have been relevant that way because in some of these jobs I had yearly bonuses and/or part of the payment in stock I got once a year. So with these yearly figures in there, probably it just made sense make everything yearly.
In Europe people use annual gross salary when they earn enough too.
Monthly after-tax is usually used by lower income people, where low short-term numbers really matter (“Can I make my rent this month?”, “Can I afford to buy/do this small thing this month?”), while annual gross salary is used by people who make a lot of money, where the day-to-day financials don’t matter, but long-term stuff does, and where you also generally have much higher tax pay backs.
I used per-hour salary when I was in university and only worked a few hours per week. I switched to monthly after-tax when I got into an entry-level job that paid quite little, and when I got to higher-paying senior/expert level jobs, I started using yearly figures.
Maybe it differs from country to country then - not necessarily representative for the whole EU. The only time I’ve heard yearly figures is when talking to colleagues from abroad. I’m making above average, and even from folks making 2-3 times more I’ve only heard monthly.
Edit: all job offers (at least those that state a range or a number) are monthly net too.
Yeah, could totally be a regional difference.
I had the same thing when negotiating for salaries too, so it wasn’t just when talking to people, but it was in a more official way as well, and I even got it in my contract like that.
When I was working as a tutor, my contract listed my pay in hourly pay, because I worked varying hours and I was paid by the hour. On my entry-level job my contract was in monthly before-tax pay, but negotiations were with monthly after-tax pay. And my later jobs were all in yearly before-tax pay, which might also have been relevant that way because in some of these jobs I had yearly bonuses and/or part of the payment in stock I got once a year. So with these yearly figures in there, probably it just made sense make everything yearly.