From 1 July 2008, you must use ordinary time earnings, as defined in the Superannuation Guarantee law, to calculate the minimum super guarantee contributions required for your employees. This ensures all eligible employees are treated the same for super purposes.

Ordinary time earnings are generally what your employees earn for their ordinary hours of work, including:

• over award payments
• bonuses
• commissions
• allowances

If you are not a NECA member and would like to know more about this or other matters then you can click here to read about the many benefits of NECA membership. You can also call NECA on 03 9645 5533 or email NECA  with your membership enquiry and we will contact you to discuss membership.