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As a CEO or head of HR department, staying on top of annual compliance updates is essential—but effective payroll management goes far beyond handling financial transactions. One critical aspect is superannuation compliance, which requires making timely and accurate contributions to your employees’ designated superannuation funds. Ensuring this process is both consistent and compliant is key to fulfilling your legal obligations and maintaining employee trust. Since you hold a responsible position, you are the one who must be concerned about the risks and repercussions of non-compliance. So, how can it be fixed? Modern payroll and HR software with automation is used by companies just like yours. It may also make your job easier. Be aware of superannuation compliance when using payroll and HR software.
