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I was hoping you may have a better understanding of the new increase to the superannuation guarantee.
My son works for a large company who classifies him as a “Freelancer”.
His previous payslips show a Weekly Gross amount as agreed upon (based on a daily rate x 5) – less tax = Net, and then an additional Super amount based on 9.25% of his Gross figure.
He does not receive any sick or annual leave entitlements. Since the increase to 9.5% his net has decreased, and he tells me this is because of the new Super change!
I believe that if his Super was calculated on the gross previously (not Gross including Super) then that is how it should remain. Am I missing something? Thanks.
A: Compulsory super is bound up in complex industrial award and agreement rules, regulations and laws.
If your son is not employed under an award (dangerous to assume that because if he isn’t an employee he isn’t seen as working under an award or agreement) then it’s up to an employer how they fund the Super Guarantee increase.
They can take it out of gross salary. Up to an employee to argue against it or negotiate an increase. If he’s employed under an award or agreement the power of the employer will be governed by what that says.
