Help your students get job ready with our all-in-one digital pack covering:
Writing their first resume
Tax File Numbers
Super for students
How to check their payslips
Getting a summer job
We surveyed 3,100 university students in 2018 and asked them to rate their knowledge of superannuation. They scored themselves an average of only 2.5 out of 10. And this was uni students aged up to 25!1
The lost decade of super
This lack of knowledge is costing high school students’ real money. We find many Australians realise around the age of 25 or 26 that their superannuation is a mess. They have now wasted around ten years, with lost super and duplicate accounts.
While this decade might be the one with the lowest contributions, sadly it is also the decade that will compound the longest.
If high school students can improve their knowledge, understand their entitlements and get their superannuation organised from their first casual job, they can avoid this lost decade of super.
High school careers advisors have a great opportunity to improve this situation.
A small improvement in knowledge among high school students could have significant impact on them financially.
The key change is to educate students about their FIRST DAY at a new job. This is where so much is going wrong. They don’t know what details to bring and they don’t realise that if they don’t have any details their employer has the power to open a new super account for them.
Key educational messages:
1What is superannuation?
2What you need to bring on your first day at a new job.
3How to read a payslip.
Download the Get Job Ready pack and share this with your students. It will help them be more prepared and less stressed for their first day at a new job.
Share your feedback
We would love to know what you think about the pack and how we can keep improving this for future years. Send us an email with your ideas to firstname.lastname@example.org
1Data from National Student Survey 2018, 3,433 respondents
This is general information only and does not take account of your individual investment objectives, financial situation or needs. Before acting on it, consider if the information is appropriate and whether you need to speak to an accredited professional.
You should also consider the Product Disclosure Statement and Target Market Determination before making any decision. This product is issued by Diversa Trustees Limited (ABN 49 006 421 638; AFSL No. 235153; RSE Licence L0000635) as trustee for Student Super Professional Super which is a sub-fund of the Tidswell Master Superannuation Plan (ABN 34 300 938 877, RSE R1004953). Professional Superannuation Management Pty Ltd (ABN 31 617 160 791; AFSL No. 499786) is the Founder and Promoter of Student Super Professional Super which is marketed under two brands; Student Super and Professional Super.
Past performance is not indicative of future performance.