Real salary - PhD - HORIZON-MSCA-2021
Dear all,
I want to ask about your updated experiences regarding the net wages under HORIZON-MSCA. I just started my PhD in the Czech Republic and, after asking everyone at my host institution, I still cannot totally understand how the tax deductions are made.
The initial poster of the project showed a generous remittance:
- Living allowance of €3,400/month gross (country correction coefficient applies).
- Mobility allowance of €600/month gross to cover personal household, relocation, and travel expenses.
Once I arrived, the contract included these values, however, they are taking their social security and insurance percentage from the whole amount. Also, they are applying a fixed exchange rate (1 EUR = 24 CZK), which I find quite strange. Is this normal?
This is the wage information:
Total wage (living allowance + mobility allowance) in the Czech Republic (country correction applied): 3 289,40 EUR
Deduction for employer costs (social security + insurance) = -849,40 EUR
Gross salary: 2 440,21 EUR
Net salary: 1 910,00 EUR
I would really appreciate it if someone (hopefully from the Czech Republic as well) could check and help me with this issue. Feel free to contact me or answer this post.
Thank you very much.
Kind regards.