Cancelling a Visa - Issues with Immigration - Page 2

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Cancelling a Visa - Issues with Immigration - Page 2


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Old 04-26-2014, 12:15 AM
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We are off track a bit - but it is good info for people on work visa's as they do currently get the money.

If when you start work you agree that your wage is $100,000 a year, The employee must pay a total of $109,250. (+ 9.25% super). This with very few exception is the fact. In a very few cases it may be included in the fine print in the contract, but this is almost never approved in awards and hard to be approved in work place agreements due to laws.

Australian pension system is structured different to most other countries (They have a higher % of government pension to Australia 70ish % to 26ish % of average wage). In the other countries they also have a compulsory payment into super (aged care) but it is paid into a government pool to be dished out later to pensioners. If an Australian works in say England there is a super contribution made to the British government from the Australians wage. When the Australian returns home that is not given back to them it stays in the pool.

Getting money from the Super funds is not easy even to transfer between funds can take over 1 year. The laws allow them to play many games in delaying your payment/transfer prior to retirement age. As mentioned above leave Australia permanently as I had will not get the funds released (my funds if released would have set up a very good life where I was) release was simply refused with no explanation.

P.S. Mish. Most Sub-contractors now you need to pay super for too, it is now essentially ALL labour. That loop hole is closed.


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Old 04-26-2014, 02:39 AM
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Quote:
Originally Posted by ampk View Post
If when you start work you agree that your wage is $100,000 a year, The employee must pay a total of $109,250. (+ 9.25% super). This with very few exception is the fact. In a very few cases it may be included in the fine print in the contract, but this is almost never approved in awards and hard to be approved in work place agreements due to laws.
A lot of employers, mine included, use a Total Remuneration approach where the super is included in the employee's quoted remuneration. This is in very noticeable print, and is a quite common practice. As long as the wage portion of the TR is above the award rate, there is no issue.

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Old 04-26-2014, 03:03 AM
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That is correct now (with new contracts) - not relevant to anyone comming on work visa's now. But most old contracts listed super at 9% not + super, when the employer signed the contract. Upon news of the increase that was changed. In new contracts you are 100% correct. The older contracts from around pre 2010 it is illegal if the 9% was signed, the employer must pay the difference.

It will be interesting under the new work place agreements what happens "overall the employee can be no worse off" that can be taken 2 ways long term or short term! Many commentators now are saying it is or will soon be a failed system we have made. Anyway that's all from me.


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