Unpaid super affects more than a quarter of employees, costing each affected worker an average of $1,700 per year. In 2018-19, Australian employees missed out on a total of $5 billion in employer super contributions. Young workers, and those on low wages or working in construction, transport, trades, hospitality and accommodation, are most likely to be underpaid super.
This is ISA’s third report on unpaid super. Together with our earlier work, the new research carried out for this report points to four policy reforms that can help ensure Australian workers are not deprived of their employer super contributions and that honest employers are not penalised or disadvantaged when they meet their legal obligations to their employees.
*The above material, whilst correct at the time of publication may include references or statements which are no longer current.