🇦🇺Australia

Superannuation Guarantee Shortfalls

1 verified sources

Definition

Inaccurate workload forecasting results in unplanned overtime, which qualifies as ordinary time earnings for super calculations, creating shortfalls and attracting Super Guarantee Charge (penalties + interest).

Key Findings

  • Financial Impact: 200% penalty + interest on shortfall; AUD 2,300 per employee/year unpaid super
  • Frequency: Quarterly super payments (due 28th of following month)
  • Root Cause: No integrated capacity tools to track billable vs overtime hours accurately

Why This Matters

The Pitch: IT operations lose AUD 10,000+ yearly to SG Charge penalties from capacity-induced overtime miscalculations. Precise planning avoids super arrears.

Affected Stakeholders

Payroll Officers, IT Ops Managers

Deep Analysis (Premium)

Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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