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Blink
07-11-2005, 12:42 PM
Just reading through my new AWA, and found a wonderful clause that states:

"If at any time the level of superannuation contributions is increased under the relevant legislation, the cash salary component of the Remuneration Package will decrease by a corresponding amount, to allow for any increases."

In other words, if mandatory super goes up to 10%, the bastards take the extra 1% out of my take home salary. Is this legal?

tomsyman
07-11-2005, 12:47 PM
Yes and always has been. I remember when super went from 7 to 9% my employer actually paid up for the extra but said that they didn't have to.

My employment contract at the moment would be the same - i.e I earn say $50k package. Thus my take home pay is 50k/1.09 if they raise the super levy then I'll take home 50k/1.xx

Fair enough - your employer shouldn't be forced to give you a payrise by an act of parliament raising the super levy.

Sagacious
07-11-2005, 12:59 PM
Yes and always has been. I remember when super went from 7 to 9% my employer actually paid up for the extra but said that they didn't have to.

My employment contract at the moment would be the same - i.e I earn say $50k package. Thus my take home pay is 50k/1.09 if they raise the super levy then I'll take home 50k/1.xx

Fair enough - your employer shouldn't be forced to give you a payrise by an act of parliament raising the super levy.
yep its legal because it refers to your sallary remuneration package as a whole and the superannuation component is affected by legislation so in terms of the contract if the super changes your other unregulated components vary to maintain the value of the remuneration package.