Setup Considerations: Superannuation (AUS)
You can use this topic to help make decisions when planning your configuration and use of superannuation in Workday. It explains:
- Why to set it up.
- How it fits into the rest of Workday.
- Downstream impacts and cross-product interactions.
- Security requirements and business process configurations.
- Questions and limitations to consider before implementation.
Refer to detailed task instructions for full configuration details.
What It Is
Workday enables you to pay superannuation to your eligible workers.
Business Benefits
Workday automatically calculates superannuation eligibility and tracks superannuation payments for workers, based on legislation published by the Australian Taxation Office (ATO).
You can set up Maximum Superannuation Contribution Base (MSCB) rules for Workday to use along with worker compensation packages.
Use Cases
- Automatically calculate superannuation on Ordinary Time Earnings (OTE).
- Calculate superannuation based on compensation.
- Make adjustments to superannuation.
Questions to Consider
Questions | Considerations |
|---|---|
How do you want to pay workers whose pay will exceed the MSCB? | Workday recommends you use amount-based plans for these workers when your relevant superannuation configuration is pay excess to gross , or to cap superannuation contributions .
|
How do you want to pay workers with amount-based superannuation plans? | Workday doesn't automatically calculate superannuation for additional OTE components when a worker only has amount-based plans. Manually calculate the superannuation for workers with amount-based superannuation plans, and add them as a pay input.
|
Recommendations
Use percentage-based allowance plans for allocated superannuation where possible to minimize manual inputs.
Requirements
You must have Workday Payroll to use the superannuation functionality.
Use Workday Payroll to configure:
- A default superannuation fund in your Workday tenant.
- The (MSCB) rules for your organization.
- Superannuation choices for all workers.
Limitations
- Workers can only have 1 active superannuation fund per worker, per company.
- Workday currently doesn't support child and spouse superannuation funds.
- Workday currently doesn't support calculated compensation plans.
- In a retro event, Workday uses the superannuation rate at the time of the event, not the current rate.
- Workday currently doesn't support stapled funds lookups. Enter stapled fund results as APRA or SMSF choice types.
Tenant Setup
No tenant setup required.
Security
Configure these domains in the Australia Payroll functional area:
Domains | Considerations |
|---|---|
Set Up: Payroll (Superannuation) - AUS
| Enables you to configure superannuation. |
Worker Data: Payroll (Company Specific) - AUS
| Enables you to add worker superannuation choices on behalf of the worker. |
Self Service: Payroll (My Superannuation Choices) - AUS
| Enables workers to enter their own superannuation choices. |
Business Processes
No impact.
Reporting
Reports or Dashboards | Considerations |
|---|---|
View AUS Worker Superannuation Choice
| Use this report to review workers' superannuation fund choices. |
Integrations
Get Super Choice
| Exports superannuation choice data from your Workday tenant. |
Put Super Choice
| Imports superannuation choice data into your Workday tenant. |
Connections and Touchpoints
Workday offers a Touchpoints Kit with resources to help you understand configuration relationships in your tenant. Learn more about the Workday Touchpoints Kit on Workday Community.