No incentive to do overtime

I have a boy at uni.He was crucified by centerlink in his allowances because I got paid $400 extra in "super matching" by the Shire,it cost him $1500 in allowances:mad::mad::mad::mad::mad::mad:
YET,I can get raped for doing extra hours.
Andrew

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Originally Posted by flagg

You get paid for overtime? :huh:

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I wish. Not even TOIL.

Centrelink is a whole other story... They ain't right in the head...

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Originally Posted by sheerluck

Sometimes a salary really sucks. Biggest week I had recently was the middle of last year, at the nasty end of a project. 104 hours, and not a cent extra. :(

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and sadly that is more and more common with the new economy. Everyone is expected to do more, and new head count is rarely on the cards. I know someone who did this to get a project over the line. Management even sent out emails thanking them saying how great they were.. Until the project ended then they were fired. I was speechless.

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Originally Posted by LandyAndy

Salary workers are compensated for no overtime/public holidays etc in their contracts.
Dont get me wrong,Im more than happy to do the overtime,it makes an average paying job a good paying job.This pay takes me to $70000 for the year with a fortnite to go.Not many shire workers earn this amount,rather do what I do than be an ant on a mine;););););););)
Andrew

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I'm not an ant mate...

Bugger being an operator ;););)

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Originally Posted by bacicat

Centrelink is a whole other story... They ain't right in the head...

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Add CSA to the mix and gets really messed up!

I've deliberately kept assets low, no investment properties, and taken deliberately reduced salary packages to avoid being helically wrapped around a vertical axis...

All that ends in about 4 months... ;)

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Originally Posted by Tombie

I'm not an ant mate...

Bugger being an operator ;););)

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I realise you arent Tombie,you are a tradie.If I was to go to the Bodd Gold mine I would be an ant for the similar coin.Know which side my bread is buttered;);););) Home every nite after a 900m trip compared to a 110km drive in drive out job.
TAX SUX is my point;););););).
Andrew

Longest overtime run in a fortnight I've done was 98 work hours above my roster for no additional pay.

Realise that has no context...

I'd already worked 80 hours + the above.

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Originally Posted by LandyAndy

I realise you arent Tombie,you are a tradie.If I was to go to the Bodd Gold mine I would be an ant for the similar coin.Know which side my bread is buttered;);););) Home every nite after a 900m trip compared to a 110km drive in drive out job.
TAX SUX is my point;););););).
Andrew

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I'm not a tradie either ;)

You get used to the tax... Just enjoy the extra pocket money.

Im salary too and compensated in my package for working weekends, pub hols etc.
Where the downfall is there is no incentive to work OT if you are paid past a certain point as you lose too much in tax. I know when I was on wages we used to keep an eye on the brackets and then stop the OT as it often meant you are just about working for nothing.
I think OT for those that work in a certain income bracket should be capped about 30%. Everyone wins.
I know bonus time I lose nearly half in tax, yes I am glad I get a bonus, but that is for my work ethic and commitment and for the Gov to stick their hand out even more is just rude.