
Superannuation Guarantee – The Basics
Last month’s blog discussed how directors can be personally liable for employee entitlements. This month we look at the Superannuation Guarantee (SG) basics, like how to calculate SG and what your obligations are as an employer under this regime. What is Superannuation Guarantee? The SG requires employers to provide enough super support for their employees. Employers are obliged to contribute a minimum percentage of each eligible employee’s earnings (ordinary time earnings) t