IR 14/13 The Superannuation Guarantee (SG) rate increased from 9.25 per cent to 9.5 per cent as at 1 July 2014 – this has prompted employers to ask whether this increase can be absorbed into an employee’s overall package. For example, can businesses offset the increase in the superannuation cost of 0.25 per cent against … Continue reading When is it okay to reduce an employee’s salary?