Grow Your Super Faster: A Complete Guide to Salary Sacrificing Benefits #business #superannuation
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Employers are obligated to pay the super guarantee for their employees based on specific criteria. Here's a breakdown to help you understand when and how to fulfill these requirements: 1. When Super Guarantee is Required: - Amount of Pay: You must pay super guarantee regardless of the worker's earnings. The earnings amount is not relevant. - Employee Age: For employees 18 years or older, super guarantee is mandatory, regardless of the number of hours worked. For those under 18, it applies if the
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