Superannuation
As an employer you have superannuation obligations to all of your employees.
The Superannuation Guarantee Legislation provides that an employer must provide superannuation contributions for all employees at a contribution rate of 9% of an employee’s ordinary time earnings base. Failure to do so will result in the imposition of a penalty by the Australian Taxation Office called the Superannuation Guarantee Charge.
What is Included in 'Ordinary Time Earnings'
