Job Interview

[ezinir]

I am seeking job in New Zealand. when i search job, always noticed that Base Salary + Bonus + Super

What is bonus is here ? is it AWS (13th Month salalry) or general bouns such as performance etc.,

Waht is super?

if it is not right place to post this thread, pls move to relevent category


thanks

[YessicaCBO]

Hi Ezinir,
The bonus is up to your company.... Base Salary is the one use to deduct annual tax... Super is in Australia, and is related to Superannuation... Here in NZ is called KiwiSaver....

[JandM]

NZ Superannuation is every tax-payer's contribution to the fund that finances the pension for over-65s. https://www.nzsuperfund.co.nz/nz-sup...se-and-mandate

[dharder]

Hi Ezinir,
The bonus is up to your company.... Base Salary is the one use to deduct annual tax... Super is in Australia, and is related to Superannuation... Here in NZ is called KiwiSaver....

Superannuation and KiwiSaver are not the same.

[chapwithatui]

KiwiSaver is a defined contribution pension fund into which both the employer and the employee pay into. This is in addition to what is called the NZSuper which is a tax funded (PAYGO) pension scheme. In this case the entitlement is a function of the number of years one pays in and not the amount of taxes one has paid. So when the employer advertises a "Super", it is above and beyond NZSuper. Neither of these two schemes are particularly generous, nor is the way NZ taxes savings.

[ezinir]

Thanks All.

is KiwiSaver mandatory , how many percent ?
if NZ super , how many percent of base salary ?

[YessicaCBO]

Thanks All.

is KiwiSaver mandatory , how many percent ?
if NZ super , how many percent of base salary ?

I am in a working visa... and I am not entitle to have Kiwisaver. That's only for residents... and the annual tax is from your income/salary...

http://www.ird.govt.nz/calculators/k...-tax-rate.html

That link will help you to know how much money will you pay in tax in a year