Understanding Your VPS5 Salary: Hourly to Annual Conversion and Tax
A VPS5 salary is typically expressed as an annual range; converting to hourly assumes 38 hours per week and 52 weeks per year.
Understanding Your VPS5 Salary
If you’re looking at a VPS5 role in the Victorian Public Service, you’ll typically see an annual salary range. But you might also be offered an hourly rate, especially if you’re a casual or contractor. This guide shows how to convert your VPS5 salary between hourly, weekly, fortnightly, and annual figures, and what to expect for tax and super.
The Standard Conversion Formula
Annual gross pay = hourly rate × hours per week × 52.
For full-time VPS5 employees, the standard week is 38 hours. So if your hourly rate is $50.00, your annual gross is:
$50.00 × 38 × 52 = $98,800.
If you’re paid fortnightly, that’s $98,800 ÷ 26 = $3,800 per fortnight (before tax and super).
VPS5 Salary and Award Coverage
VPS5 is a classification under the Victorian Public Service enterprise agreement, not a modern award. That means your minimum pay is set by that agreement, not the National Minimum Wage. However, the National Minimum Wage (from 1 July 2026, $26.44 per hour or $1,004.90 per week for 38 hours) acts as a floor for all employees not covered by an award or agreement. VPS5 rates are well above this.
If you’re a casual VPS5 employee, you’re entitled to a 25% casual loading on top of the base hourly rate. Our timesheet includes a checkbox to add that loading automatically — never enter a rate that already includes casual loading.
Tax on Your VPS5 Salary
For the 2026–27 financial year, resident tax rates are:
- $0 – $18,200: nil
- $18,201 – $45,000: 15% for each dollar over $18,200
- $45,001 – $135,000: 30% for each dollar over $45,000
- $135,001 – $190,000: 37% for each dollar over $135,000
- $190,001+: 45% for each dollar over $190,000
Plus the Medicare levy of 2% (with possible reductions for low-income earners).
For a $98,800 annual VPS5 salary, the tax would be:
- Nil on first $18,200
- 15% on $26,800 ($18,201–$45,000) = $4,020
- 30% on $53,800 ($45,001–$98,800) = $16,140
- Total tax = $20,160
- Medicare levy (2% of $98,800) = $1,976
- Total tax + Medicare = $22,136
- Net annual pay = $76,664
That’s about $2,948 per fortnight after tax.
Superannuation on Top
Super guarantee is 12% of your ordinary earnings, paid on top of your base salary. For a $98,800 salary, that’s an extra $11,856 per year, up to the maximum contribution base of $270,830. Your employer pays this directly to your super fund — it’s not deducted from your pay.
Fortnightly Pay and Budgeting
Most VPS roles pay fortnightly. To estimate your take-home per fortnight:
- Calculate weekly gross: hourly rate × 38.
- Multiply by 2 for fortnightly gross.
- Subtract estimated tax and Medicare (use our take-home pay guide for a detailed breakdown).
For the $50/hour example:
- Weekly gross: $1,900
- Fortnightly gross: $3,800
- Estimated tax + Medicare per fortnight: $22,136 ÷ 26 = $851
- Fortnightly net: $2,949
Casual Loading and Award Rates
If you’re a casual VPS5 employee, your base rate is increased by 25%. That means a $50/hour base becomes $62.50/hour. The loading compensates for not receiving paid leave. Our casual loading page explains how this works across different industries.
For award-covered employees (not VPS), the Fair Work Ombudsman publishes pay guides with minimum rates, allowances, and penalty rates. VPS5 is covered by an enterprise agreement, so those guides don’t apply, but they’re a useful reference for understanding how minimum wages are structured.
Distinguishing Minimum Wage, Award Rates, and Enterprise Agreements
- National Minimum Wage: The legal floor — $26.44/hour from 1 July 2026. Applies to award/agreement-free employees.
- Award rates: Minimum pay for employees under a specific modern award. Higher than the national minimum wage, with penalty rates for overtime, weekends, and weekends.
- Enterprise agreement rates: VPS5**: Set by the Victorian Government, often above award rates and well above the minimum.
Important Notes
This conversion assumes you’re working the same rate every week, no unpaid overtime, no penalty rates, no allowances, and no salary sacrifice. Super is estimated at 12% of ordinary earnings only, paid on top, and stops at the $270,830 maximum contribution base. Tax is the 2026–27 resident scale with the full tax-free threshold. Medicare uses the 2025–26 single reduction thresholds because the 2026–27 reduction thresholds were not confirmed here. This is an estimate, not a determination of your pay or tax.
For more detailed VPS5 salary figures, check the Fair Work Commission’s reference tables or the Fair Work Ombudsman’s minimum wage page. The average pay page also has ABS average weekly earnings figures for context.
Open the same rate on the home timesheet. Read the reference tables before treating a figure as your pay.