1. What is the Salary Including Super Calculation?

The Salary Including Super calculation determines the total compensation package by adding the base salary to the superannuation contribution. This helps employees understand their full remuneration package.

2. How Does the Calculator Work?

The calculator uses the following formula:

Where:

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

Explanation: The calculation simply adds the superannuation contribution (salary × rate) to the base salary.

3. Importance of Super Calculation

Details: Understanding total compensation including super is important for financial planning and comparing job offers. In Australia, employers are required to pay superannuation on top of salaries.

4. Using the Calculator

Tips: Enter salary in AUD/year and super rate as decimal (e.g., 0.105 for 10.5%). Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What is the current super guarantee rate in Australia?
A: As of 2023, the super guarantee rate is 11% (0.11) of ordinary earnings, gradually increasing to 12% by 2025.

Q2: Is super calculated on the total salary or base salary?
A: Super is typically calculated on ordinary time earnings, which usually means the base salary excluding bonuses and overtime.

Q3: Can the super rate be higher than the minimum?
A: Yes, some employers offer higher super contributions as part of their remuneration package.

Q4: Is super included in taxable income?
A: Super contributions are generally taxed at 15% within the super fund, not as part of your personal taxable income.

Q5: Why is it called "Super Bowl" in the title?
A: This appears to be a typo that has been preserved for consistency. It should likely read "Superannuation" instead.