So my “income” is about $33,000/Y. Not true at all. My NET income is $28,000/Y and it’s only that “high” because of overtime (gross overtime pay is about $4,800/Y). So really, my base net income with OT is $2,000/M, with $2,700 being the gross. $2,700 is what the company pays but really $2,000 is I actually make since insurance is a requirement or I get charged during tax season, and income tax is deducted, and social security is deducted. I see and hear all the time something like “ya man, I make $50k a year” which always makes me think “so….. really you make like… $40k?” So my question is, when talking about our pay, why does nobody ever refer to how much they ACTUALLY make? Why does everyone only ever mention the gross pay, as if that’s their actual take home pay?
Added: Sorry if this isn’t the right sub, but I’d think it’s what companies have conditioned us to say, so we feel like we’re making more than we really are.