Full Time
Gross Pay $100,000
Super 9.25% $9,250
Payroll Tax 4.9% $4,900
Annual Leave $9,000
( 4 weeks per year + 17% loading)
Long Service Leave $1,667
(VIC: every 60 weeks get 1 week pay)
Sick Leave $3,846
Worker Cover(4%) $4,000 Total annual cost $132,663
Full Time
Gross Pay $100,000
Super 9.25% $9,250
Annual Leave $9,000
( 4 weeks per year + 17% loading)
Tax on super $1,388
Tax on wages $28,277
Medicare levy & MSL(2%,1.25%) $3,543
After Tax $85,043
Non-cash benefit: long service leave, sick leave, work cover
Contractor $145,600
$70/h, 40 hours/w, 52 weeks
Tax on income $41,819
Medicare levy & MSL(2%,1.5%) $5,096