Using the calculator Enter the number of hours all volunteers work in your organisation by age cohort. If you are unsure of a volunteer’s age, enter their hours in the “all ages” row.
Methodology The replacement cost of a volunteer is calculated using the average hourly part-time wage of a person of their age in their State of residence, plus 15% employer on-costs (inclusive of superannuation, payroll tax and administration expenses).
Compliance This calculator is fully compliant for organisations reporting the fair value of volunteering under the Australian Accounting Standard (AASB1058) Income of Not-for-Profit Entities. Read more