Payday Super: New employee first contribution window

For new employees, how long after their first payday do employers have to ensure their super fund receives the first SG contribution?

20 business days,  a longer window than the standard 7, and it exists for good reason.

When a new employee starts, there are a few things that need to happen before their first super contribution can be processed successfully. They need to nominate a fund, that fund needs to be verified, and their details need to be confirmed as accurate. The 20-business-day window for a new employee's first contribution gives employers time to get all of that right.

After that first contribution, the standard 7-business-day rule applies to every subsequent pay run.

The key takeaway: use that 20-day window deliberately. Don't wait until day 18 to start the process. Get the employee's super fund details confirmed early in onboarding, run a Member Verification Request (more on that below), and make sure their first contribution is set up and ready to go, ideally processed well within the window so you're not racing a deadline.

Microkeeper's onboarding tools capture super fund details as part of the employee setup, so nothing gets missed.

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Read the full blog on Payday Super Questions Answered

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_{The Q&As is provided by Microkeeper. The information about Beam in the Q&As is provided by Precision Administration Services Pty Ltd (ABN 47 098 977 667, AFSL 246 604) (Precision), issuer of Beam. Microkeeper does not provide advice or a recommendation in relation to Beam or any other clearing house product. The opinions and comments shared by people in this article are theirs alone, and they’re not necessarily shared by Precision.} 

_{Precision is wholly owned by Australian Retirement Trust Pty Ltd (ABN 88 010 720 840, AFSL 228 975), trustee of Australian Retirement Trust (ABN 60 905 115 063). The information about Beam is general information only. It’s not based on the specific objectives, financial situation or needs of your business. So think about those things and read the Product Disclosure Statement (PDS) before you make any decision about Beam products. For a copy of the Beam Clearing House PDS, contact Microkeeper or visit their website.}