1. What is Salary Including Super?

Salary including superannuation (super) represents the total compensation package in Australia, combining base salary with mandatory employer super contributions. This calculation helps employees understand their full remuneration package.

2. How Does the Calculator Work?

The calculator uses the simple 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 adds the mandatory employer super contribution to the base salary to show total compensation.

3. Importance of Superannuation Calculation

Details: Understanding total compensation is crucial for salary negotiations, financial planning, and comparing job offers in Australia where super is a mandatory part of remuneration.

4. Using the Calculator

Tips: Enter base salary in AUD/year and super rate as decimal (e.g., 0.105 for current standard rate). All values must be valid (salary > 0, super rate between 0-1).

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 (OTE), which is generally the 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-income earners.

Q4: Does this include salary sacrifice arrangements?
A: No, this calculator shows mandatory employer contributions only. Salary sacrifice would require additional calculations.

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