Human Resources Unit
Below are definitions commonly used when discussing salary matters.
Annual salary as defined in the relevant industrial instrument excluding any allowances or additional payments.
Base salary plus:
Total employment cost is a term used to describe the sum of all cash and non-cash benefits employees receive:
For example:
| Base salary | $60,000 |
| Employer superannuation contributions of 17% | $10,200 |
| Annual leave loading | $ 805 |
| Market allowance | $ 5,000 |
| Total employment package | $76,005 |
For further information or assistance please contact the Remuneration team in the HR Unit.
