Cost of a $120,000 employee in VIC
Total employer cost: $153,423/year — that's 27.9% above the base salary, or $77.64/hr total.
Total Cost
$153,423
/year
On-Costs
$33,423
+27.9%
Hourly Total
$77.64
/hr
Base Salary$120,000
Super Guarantee (12%)$14,400
Workers Comp (VIC Retail)$1,560
Annual Leave (4 weeks)$9,228
Leave Loading (17.5%)$1,615
Personal/Carer's Leave (10 days)$4,620
Long Service Leave Accrual$2,000
Total Employer Cost$153,423