Yes, Hireup takes care of all payroll duties such as superannuation and tax for all support workers. Your superannuation entitlements will depend on the amount you receive in your pay each calendar month. All Hireup support workers who are paid more than $450 in a calendar month, are entitled to superannuation payments. Hireup will pay into your nominated super fund every three months. Hireup pay rates are inclusive of superannuation. Excluding super means that the rate shown does not include this entitlement.
Superannuation payments are made quarterly by: 28 January, 28 April, 28 July and 28 October.
Superannuation is money set aside by your employer for when you retire. Superannuation usually begins when you start working. Hireup's default superannuation fund for support workers is HESTA. You can nominate your own fund during the application process. If you are eligible for superannuation payments, our employer will contribute a portion of your salary or wages into a super fund for you. Your employer must contribute to your super account at least every three months and a minimum of 9.5% of your wage or salary.
If you self manage your super fund and need to determine whether your SMSF is an ATO regulated superfund, you can learn more here.