1. What is Salary Including Super?

Total compensation including superannuation (super) represents the full cost to an employer of an employee's salary package, including both the base salary and superannuation contributions.

2. How Does the Calculator Work?

The calculator uses the simple formula:

Where:

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

Explanation: The calculation shows the total employment cost including both the salary paid to the employee and the superannuation contribution made by the employer.

3. Importance of Super Calculation

Details: Understanding total compensation is crucial for both employers budgeting labor costs and employees evaluating their full remuneration package.

4. Using the Calculator

Tips: Enter salary as a positive number in AUD. Enter super rate as a decimal between 0 and 1 (e.g., 0.105 for the current 10.5% super guarantee rate).

5. Frequently Asked Questions (FAQ)

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

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

Q3: Does this include salary sacrifice contributions?
A: No, this calculator only shows mandatory employer super contributions. Salary sacrifice arrangements would require additional calculations.

Q4: Are there caps on super contributions?
A: Yes, there are concessional contribution caps ($27,500 in 2022-23) and non-concessional caps that may affect high-income earners.

Q5: What about other benefits like bonuses or commissions?
A: Super is generally payable on ordinary time earnings, which may include some bonuses and commissions. This calculator assumes a base salary only.