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I have 1 casual staff member who only works 4 hours per week. She takes hom $240 per fortnight and her card has the superannuation details entered with fund, member number and the 9.5% standard option ticked. There is no superannuation accumulating for her though. Not on reports and not on the most recent payment of superannuation done through MYOB Pay Super. Do staff have to earn a certain amount before super is payable or have I missed something for this staff member and got the others right?
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March - last edited March
The law relating to Super says that you must pay on amounts paid in excess of $450.00 in any calendar month. With fornightly pay there are often situations where someone on $240/per fortnight would not hit that limit.
You need to keep this in mind when you reconcile super to the activity summary and not merely do a 9.5% of gross.