Superannuation Explained (Pay Rate File)
Dec 17, 2024
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🎯 Below is an example of Annual Leave. To view the exact settings for the Pay Rate you require, please access System Default Pay Rates to select the one you wish to view.
OTE (SGAA) determines if the amount associated with this Pay Rate is considered to be Ordinary Time Earnings per the Superannuation Guarantee (Administration) Act. If the checkbox is not selected, the Pay Rate is not considered to be Ordinary Time Earnings per the Superannuation Guarantee (Administration) Act.
OTE (Industrial Instrument) determine if the amount associated with this Pay Rate is considered to be Ordinary Time Earnings per the Industrial Instrument the Payee has been hired.
Hours for Employer SG determines if the amount associated with this Pay Rate is considered to be included in the Hours Calculation for Employer SG.
This relates to the Under 18 and Domestic and Private Worker Employer SG Rules.
