Remuneration will include:salary, fee, bonus, wage, gratuity, pension, leave encashment, emolument, voluntary award, commission, annuity, stipend, overtime, superannuation allowance, retirement allowance, lump sum benefit payment, director's remuneration, etc. How do you calculate remuneration to partne...
A superannuation is an Australianpensionprogram created by a company to benefit its employees. Funds deposited in a superannuation account will grow throughappreciationand contributions untilretirement. The term "super" is more commonly used when referring to pension plans available in Australia. The U....
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How to calculate superannuation Super is calculated by multiplying your gross salary and wages by 11.5%; this is known as the superannuation guarantee. Super is based on your Ordinary Time Earnings (OTE). Overtime and expenses are excluded but some bonuses and allowances are included. For exampl...