Superannuation is money that an employer pays employees to provide for their retirement. These contributions are calculated with every pay period (the minimum rate of 9.5%) but are only paid into the employee’s respective super accounts once per quarter (four times a year). Employers should be making super contributions from the day the employee starts at their organisation/ business until the day they leave or retire. These contributions do not affect the employee’s monthly take home salary unless in a salary sacrifice arrangement.