There’s less than six weeks to go until Payday Super starts. On July 1, employee super payments will move from quarterly schedules to be included in every pay cycle.    

For retailers with part-time and casual staff, shift-based roles, and high employee turnover, this represents a significant change. 

Payday Super has the potential to increase the time spent on payroll admin and heighten the risk of non-compliance, due to the introduction of tighter timeframes and additional steps in the setup process for new and existing employees.  

These final six weeks are more than just a countdown. It’s a critical window to get your payroll right, because once Payday Super starts, there will be less room for errors and more risk if something goes wrong.  

What to do now  

First, check your employee data. Double-check you’ve got the right member numbers, TFNs and fund details set up in your payroll system. The quality of your data can help reduce the risk of errors and potential payment delays. If a payment is rejected, it needs to be corrected and resubmitted within the original seven-day timeframe; no extra time is given.   

Second, think about the impacts of paying super more often. If you can, trial super payments as part of each pay cycle early. It can help you understand if you need to adjust your payroll approach and spot any areas of friction, without the added pressure of a seven-day deadline.   

Third, review how you currently pay super. Can your payroll system meet the new seven-day deadline, and can you be effectively alerted of errors? If you use a service provider, fund portal, or a clearing house, now is the time to check if you need to move or update.

The way forward  

As super moves to payday, businesses are facing a faster, more frequent payment landscape and pressure to keep pace. That’s where Rest Pay comes in. 

Designed for the new era of super compliance, Rest Pay is a new payment solution that helps businesses accelerate super payments, making contribution management simpler, faster, and more transparent. Real-time tracking, automated reminders and email error alerts help employers stay on top of compliance with confidence, not complexity. 

When it comes to supporting employers through the changes, we want to help you focus on what matters most for your business right now.

• If you’re looking to review your payment set-up and find a solution to Payday Super, you can book a 15-minute chat with a Rest specialist for personalised support. Explore Rest Pay here.