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Net Salary In Netherlands

Is 2300 Euros a good salary for an engineer in the netherlands to maintaine the expenses of two people?

Salam Katayoon... Euros 2300 /month.. depending on is it gross or net differs a lot. As a PhD, if you get 2300 gross, you will end up in Euros1400 / month as your net salary.

Average prices for two people would be: 600-800 Euro (home), 400-500 (Food & Transportation), 150 - 200 (Insurance). For these prices rely more on higher side which is more acceptable. In case that you are lucky you can end up in lower range as well.

For two people with 2300 Gross you should meet the ends in the end of the month. But 2300 Net, is good.

Good luck,

Amri

Cost of living in Netherlands and Salaries?

Hi,

I would be staying in the netherlands for a while(around 2 years) so I'm trying to gather as much information as possible.

My first question is around how much a university graduate (degree holder) with 5 years experience can earn in Netherlands ( IT sector) ?

Then around how much is the monthly cost of living (1 bedroom apartment, basic needs etc..)?

How much it costs the monthly internet connections?

What are the different taxes that must be paid?

Thanks

How much will be equivalent in Netherlands to a 100K USD salary in US? Consider the differences in taxes.?

In general I would say your purchasing power is roughly the same as the US (at least larger cities in the US). Prices for specific items can vary.

Houses cost on average Euro 250000, rental anything from 1000 Euro, but prices vary of course depending on location (Amsterdam is expensive, the further away especially towards the east it gets cheaper). A good place to look is :http://www.funda.nl/huur/ (unfortunately in Dutch, fill in a city and click on "Zoeken" and you'll get a list of rental houses/apartments), or for buying: http://www.funda.nl/koop/ (same thing). If you want to buy, interest rates are very low now, and you can deduct that from your tax.

Groceries are slightly cheaper than in the US, especially fruits and vegetables. Electricity and water is more expensive. Property tax is cheaper.
Gas is about twice as expensive as in the US, cars are a bit more expensive, however you don't really need a car there.
Clothes are about the same price, electronics are a bit more expensive.

Health insurance is much cheaper than in the US (about 1000 euro per year per adult, children are free).

One other thing to consider: You will get much more vacation (at least 4 weeks, but 5 or 6 weeks is offered by most employers). Also depending on the job, one of the perks could be a car (paid by the employer).

What is the 8% holiday pay in Netherlands?

If your employer is offering €36000 inclusive of 8% then it will not be an "extra" payment on top, but within this amount.

Normally the employer pays 8% of the annual gross salary in a one-time payment (the timing can differ e.g. in May or June)

So in your case this is included in the calculation. So 36000 minus 8% divided by 12 will be your monthly gross salary and then the 8% will be paid out one-time one month (dependant on the company agreement but it is not always May) as well as the monthly salary for that month

Is 3000€/month a good salary to live in a major Netherlands city (except for Amsterdam)?

It is.The Dutch bar association (I’m a lawyer) actually has mandatory regulation on juniors and their salary.In your first year as an intern and junior lawyer minimum income is € 2,292 (before taxes) per month. In your second year it is € 2,612 and in your third (in which most internships end and you’ll be no longer considered a baby shark and will be set free to roam among the great big whites) it is… € 2,903.Check: Stagiairesalarissen 2017Since we mostly operate in populated areas and therefore the bigger cities too… yeah, the money suffices.I must state that bigger law firms (as in those corporate law moguls of which a lot are actually based in Amsterdam; you know those shark tanks who actually write those clauses that exonerate banks and their managers) usually pay their interns a hell of a lot more.Oh, overhere people on social welfare have an income of € 933,- per month but pay little to no taxes, have rebates to help them pay the rent and pay for health insurance. They too live in said major cities and though it is hardship, they do manage to scrape by.

The Netherlands: How much net income will I take home after all of the deductions are taken out of a gross salary of €45000 in your country (EU only)?

In France, your net income will be around 79% of your gross salary (it can be between 80% or 77% depending of the sector or your individual status).The difference between net and gross is mainly employees part for compulsory insurances :- sickness- retirement- unemployment- etc.Some employers have to take out a part of your gross salary because of special agreements concerning complementary insurances. This was negotiated at the enterprise level or the industry level. And we have to differentiate people working on hourly basis mainly employees, or people working on another status "cadre" which have some benefits and some additional insurances to pay.In addition to this salary you will legally get a part of the profits of your employer (if it makes profits of course !), it is called "participation".You could get as well an "intéressement" which is an additional bonus but needs to be negotiated between the unions and the employer and offers employees some additional incentives.You will get as well in enterprises of more than 50 employees some benefits from the "Comité d'entreprise" which will give you some kind of coupons to pay your holiday expenses (chèques vacances), or gift for Christmas (chèques cadeau). A part of your lunch per workday will be paid by the employer, and half of your transportation costs have to be covered by the employer.So you'll get around 2900€ net monthly salary, and you'll have many benefits for you and your family to cover medical expenses, and have a guaranteed retirement pension.To that you'll have to add taxes, but it varies so much depending your family status and the number of children, your rights to tax deductions that I will not risk any calculation !

Someone can tell me how much is the net salary for a PhD in The Netherlands?

There is no such thing as an average net salary for a PhD in the Netherlands. A principal scientist in the field of bio-engineering can expect an annual salary of US$ 120,000+, whereas a PhD in ancient Greek philosophy must accept whatever McDonalds is prepared to pay for a junior fry cook.

I have an 8% annual bonus for vacations in Netherlands. Is this gross or net?

You mean "vakantiegeld" which means vacation money. Unfortunately, it is gross and hence taxed. The amount however is calculated over your gross salary. You'll find a good overview of how much you'll be able to keep at the site of budgetting institute NIBUD:Vakantiegeld: hoeveel krijgen we? - Nibud - Nationaal Instituut voor Budgetvoorlichting

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