Telstra’s super swindle

July 31, 2008

If you glanced over the email being sent to staff about superannuation changes at Telstra, you might think that Human Resources is doing you a favour! But as revealed in The Australian this morning, something dodgy is going on in Telstra HR. To look at a table of how take home pay is affected and see if the changes will impact you: Read the full bulletin here.

What members say:

“Employers are now required to pay super on commission. Sounds good doesn’t it. However, Telstra have advised that they will be deducting the extra super that they are now required to pay, from our commission. ie if we earn $1000 per month in commission, they will now pay us $910 and put the $90 into our super. Can they do this? It doesn’t sound right to me. ”

“My reading of this is that the government is raising the employers’ super contribution requirements and Telstra rather than finding the measly $171 extra they have to pay on my behalf according to payroll are reducing my take home pay by that amount to pretend they are complying with super legislation. This action is not in the spirit of super legislation. Of greater concern is that apparently Telstra can reduce my take home pay anytime they like without my consent.”

If you need help working out if you have been affected, contact your union delegate or email us on Telstra@actu.asn.au

To look at a table of how take home pay is affected and see if the changes will impact you: Read the full bulletin here.

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