An employee's total salary before any deductions or taxes are added is referred to as their gross salary. It encompasses all of an employee's compensation options, including base salary, bonuses, commissions, and allowances, and is the amount that an employer agrees to pay for their work.
Gross salary is an important factor for both employees and employers in the UAE, GCC, and KSA. It aids employees in comprehending the value of their work and serves as the basis for negotiating their compensation package. It is an essential part of managing labor costs and attracting and keeping talented employees for employers.
When determining gross salary, employers in the UAE, GCC, and KSA are obligated to abide by the applicable labor laws and regulations. The minimum wage, overtime pay, and other aspects of an employee's compensation package are frequently outlined in these laws. In order to attract and keep talented employees, employers must also ensure that their compensation packages are fair and competitive.