The 6% contribution is of gross income!

Brendan Burgess

Founder
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52,118
6% sounds small, but it's coming out of net income.

Take a single employee on €60,000
Their net income will be €42,373
They will contribute €3,600 ( 6% of €60k)

So that is 8.5% of net income.

Brendan
 
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