Super and the salary sacrifice benefits

Teskey, Noel
February 2012
Hotel & Accommodation Management;Feb2012, Vol. 16 Issue 1, p26
The article presents information related to the benefits of salary sacrifice and superannuation. It is stated that an employee agrees to forego part of their future wages in return for their employer providing benefits of a similar value in a salary sacrifice arrangement. It is mentioned that the amount of super guarantee that the employer is required to pay is reduced proportionately, due to the fact that sacrifice arrangement effectively reduces the employee's ordinary time earnings base.


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