By employing casual workers your business can enjoy an increased level of flexibility. Although, it’s important to remember that casual employees may be entitled to super.
Here’s the information you need to know:
- You may need to pay super guarantee irrespective of whether the employee is full-time, part-time or casual.
- If an employee is paid $450 or more (before tax) each month then you have to pay super guarantee on top of their wages.
- Employees under 18 must also work for more than 30 hours perweek to qualify for super guarantee.
The super guarantee is currently calculated at 9.5% of a casual employee’s earnings. This includes their wage as well as loadings, commissions and some allowances, but it doesn’t include overtime payments.
Use our SG eligibility tool to work out if your casual workers are eligible for super.
If you use the Small Business Superannuation Clearing House (SBSCH) to make payments for your employees, the way you access this service is changing. From February 2018, the SBSCH will join our online services. Watch our webinar recording, to help your business with the change.