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Thread: net vs gross income

  1. #1
    Join Date
    Sep 2022
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    poland
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    143

    Default net vs gross income

    When an employer tells me you get hourly 25 does it mean it is net? If gross isn't it too low?

  2. #2
    Join Date
    Apr 2017
    Location
    Christchurch, New Zealand
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    Default

    That would be gross income. The minimum wage in NZ is currently $22.70. So while $25 my be too low for certain visas, or low compared to others in your field, it's well about minimum wage. It's almost the new living wage.

  3. #3
    Join Date
    Sep 2022
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    poland
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    Default

    Quote Originally Posted by TheNewKiwi View Post
    That would be gross income. The minimum wage in NZ is currently $22.70. So while $25 my be too low for certain visas, or low compared to others in your field, it's well about minimum wage. It's almost the new living wage.
    So do you have any idea how much we get net? I was wondering why NZ is one of the best purchase power rate in the world? I am new here but these seem too low for me!

  4. #4
    Join Date
    Apr 2017
    Location
    Christchurch, New Zealand
    Posts
    208

    Default

    You can use the PAYE calculator to determine your net: https://www.paye.net.nz/calculator/

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