I know the distinction between the two ;-)
While my boss charges something like EUR100 an hour, I make less than 25% of that (after taxes).
O.t.o.h.: The salary is quite competitive around here (41k EUR a year, 40hrs/wk, 25 days off)
While my boss charges something like EUR100 an hour, I make less than 25% of that (after taxes).
O.t.o.h.: The salary is quite competitive around here (41k EUR a year, 40hrs/wk, 25 days off)
Edit: Note that this 41k/year pretax salary in The Netherlands does not include the contributions your employer makes for you to your social security/pension/disability insurance, etc. That being said, even after all those it's not yet near 60 bucks an hour.