1. What is Salary Including Super?

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 simple formula:

Where:

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

Explanation: The calculation shows the total cost to employer or total value to employee including mandatory super contributions.

3. Importance of Super Calculation

Details: Understanding total compensation helps with financial planning, comparing job offers, and budgeting for employers. Superannuation is a mandatory retirement contribution in Australia.

4. Using the Calculator

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

5. Frequently Asked Questions (FAQ)

Q1: What is the current super guarantee rate?
A: As of 2023, the rate is 10.5% (0.105 as decimal), increasing to 11% from July 2023, and gradually to 12% by 2025.

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

Q3: Are there salary caps for super contributions?
A: Yes, there are concessional contribution caps ($27,500 in 2022-23) that may affect high earners.

Q4: Can I contribute more than the mandatory super?
A: Yes, through salary sacrifice or personal contributions, but tax implications apply.

Q5: Does this include other benefits?
A: No, this only calculates base salary plus super. Other benefits (bonuses, allowances) would need separate calculation.