Change to final pay period for financial year

ADVANCE NOTICE: Change to Disbursement Date EOFY 2020/2021 Pay Period

 This is an important notice regarding your final pay of the current financial year.

To ensure that we have 26 pays in the 2020/2021 financial year and can mitigate any impact to superannuation caps and individual PAYG contributions, we will be changing the disbursement date for pay period ending 2 July 2021. This pay will be disbursed Thursday 1 July 2021 rather than Wednesday 30 June 2021.

It is recommended that you make any necessary changes to automatic disbursements that you may have set up to come out of your bank account on either the Wednesday or Thursday of pay week, to have them actioned instead on the Friday.

Please be aware that although the University ordinarily pays employees in advance of the period end date, the pay day officially remains Friday of pay week, in accordance with our payroll obligations.

Posted in
Uncategorised