Chloe’s Story
I worked for my employer for 2 years on a permanent basis and had given them my super details as requested when I started. It wasn’t until I attended a workshop at The Money Project that I checked my super account and found there had been no contributions from my employer in the whole time I had been there even though my payslips said it had been paid!
Sharlene helped work out how much I was owed (close to $10 000) and the steps I needed to take to recover the money.
I got my unpaid super, but the saddest thing was I missed out on some amazing returns, my super fund earned around 20% last financial year, so that means I missed out on nearly 2k in earnings.
Sharlene also asked me if I was getting paid my leave loading, and I had no idea what that was. She explained you get paid that when you take annual leave, and it’s 17.5% on top of your holiday pay. I was missing out on that too!
The workshop for me was way more than just budgeting and investing but also helped me learn what I should be getting paid.