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Superannuation rates

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Newbie

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hi .need help again . i am trying to understand how a worker working for my employer who is in the same trade and on the same pay scale can be paid a higher rate of superannuation working a normal day shift than the second tradesperson who happens to be working as a rostered worker. Should no all employees of any company be paid super the nominated rate regardless of being a day worker or shift worker

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ATO Certified Response

Former Community Support

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Hi @bwana430,

 

Thanks for getting in touch!

 

@macfanboy is correct - employers calculate super guarantee on eligible employee's ordinary time earnings (OTE).

 

Eligible employees are entitled to 9.5% super of their OTE. Certain payments that are included in an employee's salary or wages aren't included in OTE for super guarantee purposes. Take a look at our Checklist: Salary or wages and ordinary time earnings on our website which states which payments are considered OTE for super guarantee purposes, you can also check if you're under an industry award the conditions of the award to see what you're entitle to.

 

If you have further questions, you can phone us on 13 10 20 between 8am - 6pm, Monday to Friday to speak with an operator.

 

Thanks, JodieH.

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Taxicorn

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You must use ordinary time earnings (OTE) to calculate the minimum super guarantee contributions for your eligible employees. OTE is generally what your employees earn for their ordinary hours of work. It includes things like commissions, shift loadings and allowances, but not overtime payments.

Most helpful response

ATO Certified Response

Former Community Support

Replies 0

Hi @bwana430,

 

Thanks for getting in touch!

 

@macfanboy is correct - employers calculate super guarantee on eligible employee's ordinary time earnings (OTE).

 

Eligible employees are entitled to 9.5% super of their OTE. Certain payments that are included in an employee's salary or wages aren't included in OTE for super guarantee purposes. Take a look at our Checklist: Salary or wages and ordinary time earnings on our website which states which payments are considered OTE for super guarantee purposes, you can also check if you're under an industry award the conditions of the award to see what you're entitle to.

 

If you have further questions, you can phone us on 13 10 20 between 8am - 6pm, Monday to Friday to speak with an operator.

 

Thanks, JodieH.