Does superannuation get paid on both annual leave and leave loading?
Hi @Justin-T_81
Thanks for your post. The Superannuation Guarantee is paid on Ordinary time earnings (OTE) which is the amount your employee earns for their ordinary hours of work. This link to the ATO website explains OTE in detail and which payments are considered to be OTE: Super for employers
Please let me know if you need further help.
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From the Fair Work website, we have to paid the Superannuation on Annual Leave, not the Annual Leave Loading. However, when we process the annual leave payment to the employee, the SGC amount is not correct, we have to change it manually.
Could you please updated the software to match Fire Work policy?
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