Calculating annual salary
How do I calculate my annual salary?
When registering your interest in Skilled Workers in Queensland and Queensland Graduates streams, you will need to provide your annual salary. To ensure your annual salary is calculated correctly, it is important that you read the below information:
Your salary calculation will be based off your two latest pay slips. Do not submit multiple ROIs only because of fluctuations in your pay slip payments. If you start a new employment agreement and your salary changes, you can submit a new ROI.
What is included when determining my annual salary?
- Wages, excluding superannuation and before income tax deductions
- Leave entitlements (e.g., recreation leave and sick leave)
- Penalties for weekends, public holidays, or work outside regular hours
What is excluded when determining my annual salary?
- Mandatory employer superannuation contributions
- Earnings from employment not used to meet Queensland’s minimum work experience requirements (i.e. casual employment should not be considered when calculating hours worked or annual salary)
- Allowances (e.g., meals, travel, uniform or car)
- Bonuses (e.g., sign-on bonuses and performance bonuses)
- Overtime
Your situation | Calculation for ROI |
---|---|
My last two pay slips were for the last two weeks (weekly pay slips) | Multiply the total earnings by 26 to calculate your annual salary for your ROI |
My last two pay slips were for the last four weeks (fortnightly pay slips) | Multiply the total earnings by 13 to calculate your annual salary for your ROI
|
My last two pay slips were for the last two months (monthly pay slips) | Multiply the total earnings by 6 to calculate your annual salary for your ROI |
The ROI will ask you to select your salary in $5,000 increments.
If you are invited to apply for Queensland nomination you will need to provide the two payslips used to calculate your annual salary. These payslips will need to be the most recent payslips at the time you submitted your ROI.