KPMG announce that new super contribution requirements are likely to be absorbed by your salary.
E.g total $100k package now is $90.5k + $9.5k super and new package will be $90k + $10k super. Any other firms made a stance on this? This seems pretty fucked that they’d do that and not just pay us .5% more

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Honestly didn't think the business would give up any more of their hard earned profits did you?

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Silly me

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Deloitte under Deutsch would likely pull the same stunt then wonder why they can't retain talent.

I get your point, but the maths isn't quite right.
Current super is 9.5% of salary, not 9.5% of total package.
So currently, if you are on 100k package, that's 91.3k salary + 8.7k super. After the super increase it becomes 90.9k salary + 9.1k super.

I got the numbers directly off pay calculator which the ATO run. But regardless, taking away money in hand in already underpaid industry is crazy

Is that even legal?

What makes it a joke?

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