Employer super responsibilities
Super responsibilities for employers
As an employer, you are required to pay superannuation to your employees to help them save for retirement. We’re here to help you meet your legal responsibilities and keep you up to date with the latest changes to super. We keep it simple so you can stay focused on your business.
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Paying Super Guarantee contributions
As an employer, you are responsible for paying your employees’ superannuation. This is known as the super guarantee (SG). This is 12% of an employee’s ordinary time earnings (OTE).
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When to pay SG contributions
You can pay SG contributions fortnightly, monthly, or quarterly. If paying quarterly, you need to be aware of SG payment dates and deadlines to avoid late payment fines. Read more about the deadlines and future changes to SG payments.
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Select a compliant default fund
Regardless of your size, if your business employs staff, you need to have a nominated default fund. A default fund is a super fund that you choose; one which can support your business’s needs and best manage your employees’ superannuation needs. Learn more about selecting a compliant default fund.
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Super for the self-employed
Many people are self-employed sole traders or partners. In these cases, there are two ways to pay yourself super: a regular transfer from your before-tax income or a lump sum. Discover what’s appropriate for you.
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Use a compliant online payment system
All SG payments must be made through a compliant online payment system, called a clearing house. First Super’s clearing house is free to all registered businesses, meaning you can manage super payments for all your employees regardless of where their super is.
