Getting your employees set up with super
To help you introduce super to your employees we have provided supporting resources including the Standard Choice Form you can use as part of your onboarding process. In addition, you need to take steps to ensure that the super stapling legislation is followed.
Super stapling was introduced to limit unintended new super accounts being opened for workers every time they change jobs. As part of this legislation, the following steps are important when onboarding a new employee.
Remember, employers can’t provide recommendations or advice about super to employees. Only advisors licensed by the Australian Securities & Investments Commission (ASIC) can provide this advice.
Steps you need to take as an employer when onboarding new employees
- Have your eligible employees fill out a Choice of Fund Form. This includes contractors who are employees for super purposes.
- If an eligible employee does not complete a Choice of Fund Form, you will need to conduct a stapled fund search through the ATO’s Online Services. If you’re new employees selects to ‘join my employers default fund’, a stapling search won’t be required as the employee has made a choice.
- If there is no stapled fund and your employee has not made a choice, you can then pay the SG contributions into your default fund.