Where a company’s constitution allows for a dividend, these are not normally counted as remuneration, unless these payments are in lieu of wages. If you’re receiving dividends in lieu of payments, the amount to be included in your wage declaration
depends on:
- the hours worked and
- the type of work performed, comparing that to a comparable remuneration rate in the market.
These can be determined through awards, job ads or, where these are not applicable, using ABS data.
The remuneration amount may be above an award, if the duties of the working director exceed what a worker would be required to do under the award being considered, for example, making financial and / or business decisions.