Super Salary Sacrifice

Important Note

By filling out this form, you acknowledge that it is your obligation to ensure this salary sacrificing arrangement does not breach the Concessional Contributions Cap.

Applicant Name
How would you like to be paid?
Agreement

This Agreement outlines the terms under which I (“The Employee”), as an employee of Recruitment Hive (“The Employer”), will make additional contributions to my superannuation fund through salary sacrifice.



Superannuation Fund



  • The Employee's salary sacrifice superannuation contributions will be paid into their nominated superannuation fund, using the identical fund details recorded in Astute.



Salary Sacrifice Amount



  • The Employee requests to contribute the following amount from their pre-tax salary to their nominated superannuation fund:

  • Amount: $ per pay period, or % of gross salary per pay period.



Frequency of Sacrifice



  • The salary sacrifice deduction will align with the employee’s regular pay cycle and be paid to the employee’s nominated superannuation fund concurrently with the employer contributions.



Commencement and Duration



  • This Agreement will commence from the specified start date.

  • This Agreement will end at the specified end date.

  • I (the employee) wish to keep this Agreement as an ongoing agreement until my notice.



Variation and Termination



  • This Agreement can be varied by written agreement between the Employer and the Employee.

  • The Employee may terminate this Agreement by providing one month written notice to the Employer.

  • The Employer may terminate this Agreement in accordance with the relevant company policy.



Employee Acknowledgement



  • I voluntarily entered into this salary sacrifice arrangement.

  • I understand that the sacrificed amount will be paid into my nominated superannuation fund and is subject to the rules and regulations of that fund and relevant superannuation legislation.

  • I have sought my own independent financial advice regarding this salary sacrifice and its suitability for my circumstances.

  • I confirm the accuracy of the information provided and authorize The Recruitment Hive Pty Ltd to implement this request.

  • I acknowledge that it is my obligation to ensure this salary sacrificing arrangement does not breach the Concessional Contributions Cap.

  • I understand that breaching the Concessional Contributions Cap will result in an excessive tax liability, levied at my marginal tax rate by the Australian Taxation Office.


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