Quote:
Originally Posted by BRISSYBOUND
Just been reading this post again and realised that Aussies don't have to pay into their own pension,is that right?
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Not really. Your employer deducts 9% from your salary for super contributions.
I was running a factory when the figure went from (I think?) a 6% to a 9% super contribution. The boss deducted the extra three percent from the workers wages. They thought they'd just got a 3% wage decrease whilst my boss saw it the other way. It was eventful at work for a while.
So if your future employer states the 'salary package' when offering a job, you must deduct 9% to find 'basic salary'. Always ask if the figure quoted is "package" or basic"... its not uncommon to employers to 'forget' that little detail.
