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  COST COMPARISON CHART

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1st Year
Cost of hiring an Apprentice Directly Employed Supplied by MPAL
Yearly Salary & Oncost $18,252.00 $20,383.44
Superannuation Guarantee Levy $1,664.06 $0
Claims History & Other Costs $604.61 $0
TAFE Fees $504.00 $0
Supply PPE & Sundries $350.00 $0
Leave Loading $237.51 $0
Total
$21,612.17 $20,383.44
The figure used in the above sample are comparing a 1st year indentured apprentice employed directly and a 1st year apprentice employed by MPAL as of the 1st March 2004.
2nd Year  
Cost of hiring an Apprentice Directly Employed Supplied by MPAL
Yearly Salary & Oncost $24,316.76 $27,636.84
Superannuation Guarantee Levy $2,188.51 $0
Claims History & Other Costs $804.63 $0
TAFE Fees & Other Training $504.00 $0
Supply Personal Protective Eqipment $350.00 $0
Leave Loading $315.74 $0
Total
$28,479.63 $27,636.84
The figure used in the above sample are comparing a 2nd year indentured apprentice employed directly and a 2nd year apprentice employed by MPAL as of the 1st March 2004.
  3rd Year  
Cost of hiring an Apprentice Directly Employed Supplied by MPAL
Yearly Salary & Oncost $29,842.80 $34,768.80
Superannuation Guarantee Levy $2,685.85 $0
Claims History & Other Costs $987.91 $0
TAFE Fees & Other Training $504.00 $0
Supply Personal Protective Eqipment $350.00 $0
Leave Loading $401.73 $0
Total    
$34,772.29 $34,768.80
The figure used in the above sample are comparing a 3rd year indentured apprentice employed directly and a 3rd year apprentice employed by MPAL as of the 1st March 2004.
  4th Year
Cost of hiring an Apprentice Directly Employed Supplied by MPAL
Yearly Salary & Oncost $33,115.68 $39,900.08
Superannuation Guarantee Levy $2,980.41 $0
Claims History & Other Costs $1,096.26 $0
TAFE Fees & Other Training $120.00 $0
Supply Personal Protective Eqipment $350.00 $0
Leave Loading $445.79 $0
Total
$38,108.14 $39,900.08
The figure used in the above sample are comparing a 4th year indentured apprentice employed directly and a 4th year apprentice employed by MPAL as of the 1st March 2004.
Total Saving over 4 Years $283.08
 
   
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