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Home / Super booster / Super contributions / Payday Super: Preparing your business for the transition

Payday Super: Preparing your business for the transition

Kate CrawfordKate Crawford

As an employer, Payday Super is likely to mean significant changes for your processes and cash flow.

In most cases, you must ensure super funds receive superannuation guarantee (SG) contributions for your staff within seven business days of each payday that occurs after the transition. Longer timeframes apply when you take on a new staff member and if an employee chooses a new super fund.

If you’ve been paying super quarterly until now, the switch could be jarring. Let our explainer take out the hard work and help you comply from day one.

Paying on time

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About the author

Kate Crawford
Kate Crawford
Kate has worked in the superannuation sector since 2003. Her experience ranges from customer service to financial advice, member education, complaints management, trustee services, and learning and development. She currently develops content and facilitates learning sessions for super professionals with the Association of Superannuation Funds (ASFA) as well as writing for SuperGuide.
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