On Costs

UWS is liable for payment of costs covering Payroll Tax, Workers Compensation, Superannuation, and Long Service Leave.

On costs must be factored into the total cost of all employment contracts.

The on costs payable to derive Total Salaries for Permanent, Temporary and Casual staff are listed below under the separate headings for Permanent, Temporary and Casual Contracts:

On Costs for Permanent Staff is 28% comprising the following components:

  • Payroll Tax 6.6%
  • Workers Compensation Insurance 0.75%
  • Employee Superannuation Contributions and Superannuation Guarantee Levy 16.75%
  • Long Service Leave 3.9%

Please note there is also an additional 10.8% on cost for annual leave. However, it is not shown as it is given back when the staff member is on leave due to the leave period being charged to a provision account. You should contact your Management Accountant for any further information.

On Costs for Temporary Employment Contracts of less than two years is 17.5% comprising the following components:

  • Payroll Tax 6.15%
  • Workers Compensation Insurance 0.75%
  • Employee Superannuation Contributions and Superannuation Guarantee Levy 9%
  • Long Service Leave 1.6%

Please note there is also an additional 10.8% on cost for annual leave. However, it is not shown as it is given back when the staff member is on leave due to the leave period being charged to a provision account. You should contact your Management Accountant for any further information.

On Costs for Casual Employment Contracts is 16% comprising the following components:

  • Payroll Tax 6.15%
  • Workers Compensation Insurance 0.85%
  • Superannuation Guarantee Levy 9%