Thread: Pensions
View Single Post
Old 01-07-2008, 11:27 PM   #19 (permalink)
BRISSYBOUND
Senior Member
 
BRISSYBOUND's Avatar
 
Join Date: Apr 2008
Location: Cheshire
Posts: 111
Thanks: 2
Thanked 0 Times in 0 Posts
BRISSYBOUND is on a distinguished road
Quote:
Originally Posted by fatpom View Post
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.
Most of the jobs I've looked at have super on top of the hourly rate,maybe I'm just in the right type of job?
BRISSYBOUND is offline   Reply With Quote