this post was submitted on 18 Jun 2023
16 points (100.0% liked)
AusFinance
979 readers
6 users here now
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
"Including super" is such a rort. For anyone taking on a new contract between now and 2025 (when the super guarantee increments stop), PLEASE negotiate for a "before super" contract.
E.g. If you've been offered $80k including super, negotiate for (80,000 / 111 * 100) == $72,072 excluding super.
This means that if in the next 2 years your pay is stagnant, you would end up with (72,072 * 112/100) == $80,720 -- a whopping $720 more towards your super, come July 2025
The government should really just close the loophole.