Our signature financial benefits offered at UNSW give back to you, in acknowledgement of the contribution you give to us.
The high level of superannuation provided is one of our signature benefits. As of Feb 2021, all UNSW Employees receive a 17% superannuation contribution to their UniSuper account – significantly higher than the superannuation guarantee of 9.5%. UniSuper provides regular superannuation and retirement education seminars on-site at Kensington, as well as a wealth of information online via their website.
Our staff receive an additional end of year payment, made at 17.5% of four weeks base pay (pro-rata for new hires during the year) up to a specified cap. Traditionally leave loading is paid to staff in the pay-run during or near to the Christmas holiday shutdown period and is in line with the conditions in the Enterprise Agreements.
Salary Sacrificing initiatives
Our salary sacrificing initiatives allow you to pay some or all of the offering before tax. As a staff member you can enjoy priority access to four high-quality long day care centres, Early Years. This includes discounted fees paid through a salary sacrifice arrangement.
We also offer the option to salary package a fully maintained vehicle under a lease known as a novated lease. Car parking is also available on campus with the ability to pay via fortnightly payroll salary sacrifice deductions.