Calculating super guarantee

The MCB is the maximum amount of an eligible employee’s ordinary time earnings (OTE) on which an employer must pay SG each quarter. For FY2024-25, the MCB is $65,070 per quarter. Employers therefore must pay SG on an eligible employee’s OTE up to $65,070 per quarter, which means that the maximum SG amount payable for an eligible employee is $7,483.05 (i.e. 11.5% of $65,070) per quarter, even if the employee’s quarterly OTE exceeds the MCB. Although an employer is not required to pay SG on the amount of an employee’s earnings which exceed the MCB, the employer can choose to do so.

The MCB is indexed in line with Average Weekly Ordinary Time Earnings each financial year. For more information visit the ATO website.

• The calculator does not provide general financial advice nor personal financial advice. It should not be relied on for the purpose of making a financial decision. You should obtain professional advice, which takes into account your objectives, financial situation and needs before making a financial decision.
• The calculator assumes that the employee is eligible to receive SG contributions and that employers are aware of their SG obligations under applicable law.
• The calculator’s default SG rate is 11.5% of ordinary time earnings (OTE), which is the current SG rate. The rate is set to rise to 12% from 1 July 2025. Users can manually increase the calculator’s SG rate.
• Employees under 18 years of age must work more than 30 hours per week to be eligible for SG payments.
• For FY2024-25, the Maximum Contribution Base is $65,070 per quarter. It is the maximum amount of an eligible employee’s OTE on which an employer must pay SG each quarter.
• The calculator provides an alert if the OTE amount entered by the user is likely to exceed the Maximum Contribution Base. For weekly, fortnightly and monthly SG calculations, the alert assumes that the OTE amount and payment frequency are consistent throughout the quarter. For the yearly SG calculation, the alert assumes that the quarterly OTE amount is the same across all 4 quarters during year (i.e. yearly OTE divided by 4).
• The calculator’s results cannot be saved. If you have access to a printer, you can print a copy for your records.
• Correct as at 05/03/2025.