Nearly four million people work in Austria, and the same number are entitled to a salary and corresponding income proof. But what is actually on this piece of paper? An expert helps us decipher the most important abbreviations. Also: the six most important questions and answers about the pay slip.
Combinations of numbers in the LA number column, abbreviations such as LSt-Tg or AV/AE – everything makes sense to payroll calculators, but most employees simply understand ‘train station’ when they look at their pay slip. The result: When almost four million workers in Austria receive their pay slips every month, many focus only on whether the final amount, and therefore after taxes, is correct.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
