What are ordinary time earnings?
From 1 July 2008, you must use ordinary time earnings, as defined in the superannuation guarantee law, to calculate the minimum super guarantee contributions required for your eligible employees. This ensures all eligible employees are treated the same for super guarantee purposes. Ordinary time earnings are generally what your employees earn for their ordinary hours of work, including: • over-award payments • bonuses • commissions • allowances. An ’employee’s ordinary hours of work’ are the hours specified as his or her ordinary hours of work under the relevant award or agreement, or under the combination of such documents, that governs the employee’s conditions of employment. If the ordinary hours of work are not specified in a relevant award or agreement, the ‘ordinary hours of work’ are the normal, regular, usual or customary hours worked by the employee, as determined by all the circumstances of the case. This is not necessarily the minimum or maximum number of hours worked or req
