Guatemala net salary: Q10,000 gross → Q9,491.25
Your net salary is the amount you actually receive after mandatory deductions. In Guatemala, the two deductions that affect almost every employee in a dependent work relationship are IGSS (social security) and ISR (income tax, when there is taxable income left).
With a gross salary of Q10,000 (page defaults):
- IGSS Q483.00
- Monthly ISR Q275.75 (FY2026 personal deduction Q51,024)
- Incentive bonus Q250
- Net salary = Q9,491.25
- With prorated Bono 14 + Aguinaldo ≈ Q11,157.92 effective monthly income
Results are a reference. The incentive bonus, overtime, commissions, garnishments or other payroll deductions can change your real net pay. Always confirm with your pay stub or accountant.
Gross to net, step by step
The difference between gross and net salary in Guatemala is mainly employee IGSS (4.83%) and ISR withholding when your annual taxable base exceeds the personal deduction (Q51,024 in 2026). The calculation is:
- Monthly gross: the salary agreed in your contract.
- Minus employee IGSS: 4.83% on ordinary salary (e.g. Q5,000 → Q241.50).
- Minus estimated ISR: monthly withholding according to the annual brackets (0%, 5% or 7% on the taxable base).
- Net: gross − IGSS − ISR + the Q250 incentive bonus when it applies.
Default example: Q10,000 gross → IGSS Q483 + ISR Q275.75 + Q250 incentive = net Q9,491.25.
Mandatory deductions
IGSS — 4.83% (worker)
| Concept | Value |
|---|---|
| Worker rate | 4.83% of the ordinary subject salary |
| Who pays it | Deducted from the worker's pay |
| Employer quota (reference) | 12.67% (paid by the employer; does not come out of your net pay) |
The 4.83% worker quota is broken down into:
- EMA (Illness, Maternity, Accidents): 2%
- IVS (Disability, Old Age, Survivors): 1.83%
- PECEF: 1%
ISR — income tax
For employees in a dependent relationship, ISR is estimated on annual taxable income:
Taxable income = (Gross salary + Q250 incentive bonus) × 12 − Q51,024 (FY2026 personal deduction) − annual IGSS contributions
Aguinaldo and Bono 14 do not generate ISR (Decree 10-2012).
| Annual taxable income | Reference rate |
|---|---|
| Up to Q300,000 | 5% |
| Over Q300,000 | Q15,000 + 7% on the excess |
The annual ISR is then spread over 12 months to show the approximate monthly withholding.
Sample salaries (engine output)
Rounded for orientation with the same engine as the calculator (FY2026 deduction; no loans, garnishments or private insurance):
| Gross monthly | IGSS (4.83%) | ISR (monthly) | Net (incl. Q250 bonus) |
|---|---|---|---|
| Q3,500 | Q169.05 | Q0.00 | Q3,580.95 |
| Q5,000 | Q241.50 | Q37.83 | Q4,970.67 |
| Q8,000 | Q386.40 | Q180.58 | Q7,683.02 |
| Q10,000 | Q483.00 | Q275.75 | Q9,491.25 |
| Q15,000 | Q724.50 | Q513.68 | Q14,011.82 |
At low salaries the approx. net can exceed the listed gross because the mandatory Q250 incentive bonus is added after IGSS and is not subject to IGSS (Q3,500 − Q169.05 + Q250 ≈ Q3,580.95).
Labor benefits that raise your real income
Although they do not appear on every monthly payslip, these benefits count toward your annual income:
| Benefit | When it is paid | Equivalence |
|---|---|---|
| Bono 14 | By July 15 | ~1 monthly salary/year |
| Aguinaldo | December | ~1 monthly salary/year |
When you compare job offers, remember to prorate Bono 14 and Aguinaldo: they add roughly 2/12 of your salary to your effective monthly income. Bono 14 and Aguinaldo are calculated on the ordinary wage (without the incentive bonus) and are exempt from ISR.
Full Q10,000 default breakdown
| Concept | Monthly | Annual |
|---|---|---|
| Gross salary | Q10,000.00 | Q120,000.00 |
| Incentive bonus | Q250.00 | Q3,000.00 |
| IGSS 4.83% | Q483.00 | Q5,796.00 |
| ISR (reference) | Q275.75 | Q3,309.00 |
| Net salary | Q9,491.25 | Q113,895.00 |
| Prorated Bono 14 | Q833.33 | Q10,000.00 |
| Prorated Aguinaldo | Q833.33 | Q10,000.00 |
| Total with benefits | Q11,157.92 | — |
What this calculator includes (and what it cannot know)
Includes (reference):
- Employee IGSS 4.83%
- Estimated ISR (FY2026 Q51,024 deduction)
- Q250 incentive bonus (mandatory under Decree 37-2001)
- Prorated Bono 14 and Aguinaldo
May not cover your specific case:
- Other bonuses or in-kind pay
- Overtime
- Variable commissions
- Company loans, garnishments or voluntary deductions
- Private insurance plans
Common mistakes
- Confusing gross with take-home pay.
- Forgetting that ISR is annual and then prorated into months.
- Not subtracting IGSS before estimating the taxable base.
- Ignoring Bono 14 and Aguinaldo when comparing job offers.
- Comparing only the "card salary" between companies without looking at benefits.
Using this calculator to negotiate a salary
- Ask for the gross salary, not just "what lands in the account".
- Calculate the net with IGSS + ISR.
- Add prorated Bono 14 and Aguinaldo.
- Compare commuting, meals and schedule costs.
- If overtime is frequent, also estimate with the overtime calculator.
Legal references
- IGSS: social security framework and current payroll quotas.
- ISR: employment income regime / Tax Update Law (Decree 10-2012) and applicable tables; FY2026 extraordinary deduction (Decree 13-2026).
- Bono 14: Decree 42-92.
- Aguinaldo: Decree 76-78.
- Incentive bonus: Decree 37-2001.
These are reference sources; verify current rates and your personal situation with IGSS, SAT or an accountant.
Related calculators
- IGSS Guatemala
- ISR Guatemala
- Payroll Guatemala
- Bono 14 Guatemala
- Aguinaldo Guatemala
- Overtime Guatemala
- Employment settlement Guatemala
FAQ
Mandatory deductions include IGSS (4.83%) and ISR. For a Q10,000 monthly salary, the engine reference is about Q758.75 total deductions (Q483 IGSS + Q275.75 ISR) before adding the Q250 incentive bonus.
Reference net is Q9,491.25 (includes the Q250 bonus). With prorated Bono 14 and Aguinaldo, effective monthly income is about Q11,157.92.
No. Bono 14 and Aguinaldo are exempt from ISR under Guatemalan law (Decree 10-2012). IGSS is still deducted from the monthly salary used as the basis for their calculation.
Bono 14 is paid between July 1 and July 15 each year. The accrual period runs from July 1 to June 30 of the following year.
The FY2026 personal deduction (Q51,024: Q48,000 + Q3,024 per Decree 13-2026) and IGSS contributions are subtracted from gross annual salary (including the incentive bonus). Then 5% is applied up to Q300,000, and 7% on any excess. Aguinaldo and Bono 14 are exempt.
No. The Q250 incentive bonus does not generate IGSS: the 4.83% quota is calculated on the ordinary salary only. It does count as income for ISR and is added directly to your net salary.
All employees in a dependent work relationship must pay IGSS. However, if your taxable income is negative after deductions, you do not pay ISR.
It is designed mainly for dependent employment. If you are independent or a small taxpayer, also use the ISR and small-taxpayer calculators for your regime.