Ordinary time earnings (OTE)¶
Definition. Ordinary time earnings are, broadly, what an employee earns for their ordinary hours of work, and are the base an employer's super is worked out on.
In plain English¶
The ATO says an employer works out super on an employee's ordinary time earnings. This is mainly the pay for an employee's normal hours, and it can include things like commissions and shift loadings. Overtime is usually not counted.
Related lessons¶
General information only — not tax, super or financial advice.
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