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Payday Super compliance will add to HR's workload

Employers' imminent obligation to align employees' super and wage payments could significantly add to HR's compliance and communication workload, a specialist says.

Payday Super legislation starts on 1 July, requiring employers to pay superannuation contributions at the same time as wages and salaries, instead of quarterly.

It has two main goals, Employment Hero GM of payments, superannuation and benefits, Rob Dunn, tells HR Daily.

First, it aims to benefit employees via more frequent superannuation payments going "straight into their super balance, which means their super balance is growing faster", Dunn says...

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