Salary converter australia

On 1 July , the super guarantee rate will rise from 9. So double-check your payslip and make sure employer is paying you the correct amount of super! You are unaffected by the tax changes. Time for a performance review? Use this calculator and compare your current and new salary. There are many possible conversions supported in our salary converter above. Some selected examples follow. Solution: you start by summing up the number of hours you worked over the past year and dividing them by 52 or Let us say you establish that you've been working an average of 60 hours per week in the past year.

You are considering moving into a contractor role and want to at least maintain your current income level.

What is the minimum hourly rate you should set, without taking into account the additional expenses? Solution: you start by deciding how many billable hours you believe you can reasonably work over the next year. Obviously, these are merely calculation examples and do not consitute financial or career advice. Switching roles is much more than doing some math due to the numerous assumptions which relate to the practical applicability of those numbers.

On the other hand, it might turn out that you can only find 10 hours of work per week, so you may need to negotiate for much higher pay. This independent calculation will help you justify your salary demands in your negotiation. With your salary calculation you will find out the salary that you will need in your new city to keep the same standard of living that you currently have in your current city.

Maybe just as important, you will have an independent assessment and hard data showing why you require that salary.

This will give you a stronger position to negotiate a better offer. The calculation that you will get includes all the underlying price-data used to calculate the cost of living difference and the salary conversion.

This is rock solid data that you can trust. The salary calculation was very useful for this, and the staff in Expatistan were able to explain everything about it in detail.

I will definitely recommend this service to my colleagues. Our salary calculations are based on data collected by us in Expatistan. In the last week alone we've added more than 2, new prices to the database. After aggregating, cleaning up and modelling this data, we cross check it and enhance it with public cost-of-living data compiled by international organizations like the United Nations, the World Bank and Eurostat.

The end results are up-to-date, reliable, and comprehensive salary calculations on cost-of-living differences and net income equivalences. The calculation that you will get combines the biggest cost-of-living database in the world which we run ourselves and public data sources, such as the United Nations, the World Bank, the OECD and Eurostat.

The PDF document provides detailed cost-of-living information, based on which we calculate the salary that you need in your new home to compensate for the difference in prices with your city. You will know exactly how much more or less money you will need in your new home to live as good or better as you now live in your city.

Even better, you will be able to explain and justify your salary requirements during your negotiation. You will be getting a comprehensive and reliable salary conversion.

See for yourself how useful having the right data will be when relocating. Our salary calculations are primarily based on the largest database of prices in the world, which we compile and aggregate on Expatistan. To make sure that they are even more accurate than the data reported for free in Expatistan.

The result are up to date and comprehensive salary calculations. You should also note that we only provide paid salary calculations for a fraction of the 2, cities that we have data for.

Only the cities that pass our rigorous checks and conditions regarding recency, consistency, and abundance of prices for all the items used in the cost-of-living basket are available in this section. There's nothing wrong about the salary calculations. Actually, for individual expats our salary calculations are more realistic than the ones offered by the big multinationals.

How can we offer our salary calculations much cheaper than them? First, multinationals usually don't sell their reports to individuals. They sell directly only to companies, which are able and willing to pay much more than individual expats can. So they price their reports accordingly high. We are trying to make quality salary calculations available to normal expats, and our price reflects that. Second, those multinationals base their reports in lenghty surveys that they need to manually administer, collect, clean and aggregate.