From: James Bower, IT Services Manager
To: General Manager, Human Resources and General Manager, Finance
Subject: Update on STAR's Superannuation Policy and Procedure
Just a quick one. I was under the impression that employer's contribution to superannuation had gone to 9% this year. Can you confirm this for me? I know we have a provision where employees may 'top-up' their super by making contributions from their pay. Can you give me some details on this? I am interested in knowing how and when we give employees this information and how often our superannuation arrangements are reviewed.
Just out of interest's sake, are employee 'top-up' contributions pre-tax (like a salary sacrifice)? Many thanks for your help.
James