Superannuation-Performance Bonus
Is the superannuation to be paid when I pay an employee a performance bonus?
Answer
Correct, you do pay super because a bonus falls within the definition of Ordinary Times Earnings (OTE).
Is the superannuation to be paid when I pay an employee a performance bonus?
Answer
Correct, you do pay super because a bonus falls within the definition of Ordinary Times Earnings (OTE).
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