1. What is Salary Including Super?

In Australia, superannuation (super) is a compulsory retirement savings contribution paid by employers. This calculator helps determine the total compensation package including both salary and super contributions.

2. How Does the Calculator Work?

The calculator uses the formula:

Where:

• \( \text{Salary} \) — Base annual salary in AUD
• \( \text{Super Rate} \) — Superannuation contribution rate as decimal (e.g. 0.105 for 10.5%)

Explanation: The calculation shows the total cost to employer including both salary and mandatory super contributions.

3. Importance of Super Calculation

Details: Understanding total compensation helps both employers budget labor costs and employees understand their full remuneration package.

4. Using the Calculator

Tips: Enter salary as annual amount in AUD. For super rate, use decimal format (e.g. 0.105 for current standard rate of 10.5%).

5. Frequently Asked Questions (FAQ)

Q1: What is the current super guarantee rate?
A: As of 2023-24, the rate is 11% (0.11 in decimal). This calculator allows you to input any rate.

Q2: Is super calculated on gross or net salary?
A: Super is calculated on ordinary time earnings (OTE), which is generally the gross salary before tax.

Q3: Are there caps on super contributions?
A: Yes, there are contribution caps that may affect high-income earners. Consult with a financial advisor.

Q4: Does this include salary sacrifice contributions?
A: No, this calculates only the mandatory employer contributions. Salary sacrifice arrangements would be additional.

Q5: How often is super paid?
A: Employers must pay super at least quarterly, though some pay more frequently.