Assign Compensation Allowance Plans to Payroll Superannuation (AUS)
- Security:Set Up: Payroll (Superannuation) - AUS.
- Create allowance plans for each of your superannuation components.
- Ensure that workers are eligible for superannuation.
Connect your core compensation allowance plans to your payroll superannuation components.
You can add percent-based plans or amount-based plans.
Plan type | Considerations |
|---|---|
Percent-based | The worker's Qualifying Earnings (QE) are multiplied by the percent-based plan during the payroll calculation. Workday doesn't include the compensation basis in the allowance plan in the payroll calculation. |
Amount-based | Amount-based plans apply the amount, adjusted by the allowance frequency and payroll periods. |
If a worker is eligible for multiple allowances, they're aggregated together.
Workday currently doesn't support calculated plans for calculating superannuation.
- Access theMaintain AUS Superannuation Configurationtask.
- Select theUpdate Superannuation Default Configurationoption.
- Complete theCompensation Superannuation Allowance map to Payroll Calculationsection. As you complete the section, consider:
Option Description Superannuation GuaranteeEnter all allowance plans representing a superannuation guarantee amount.Contributions in this category are categorized as Superannuation Guarantee for SuperStream and Single Touch Payroll (STP).Reportable Employer Superannuation ContributionsEnter all allowance plans representing any reportable employer superannuation contributions (RESC).Contributions in this category are sent to SuperStream as Employer Additional, and are sent to STP as RESC.