As competition for talent continues, salary packaging can be the difference in attracting and retaining employees. In today's world it's not enough to stop at good working conditions and competitive salaries to keep employees engaged.
Employees can structure their salary as a combination of cash and benefits which have either tax free or concessional tax rates. By reducing their taxable income, they can maximise tax benefits and essentially save money.
Benefits of salary packaging for employers
Employment
Attract and retain without increasing costs or administration.
People saving
Reduces the time pressures on company resources (HR, finance and payroll).
$ saving
Outsourcing removes in-house costs covering time, labour intensive, compliance cost, specialised technology, and costs to employee tax specialists.
Increase number of benefits
Switch from in-house to outsourced usually increases benefits available to employees, improving the overall value of the program.
How we work
Working closely with our clients to introduce a suite of benefits, we reduce organisational costs and provide genuine after-tax advantages to employees.
Our firm's size and culture and our extensive change management experience, allows us to adapt quickly to client environments which means minimal disruption in transitioning to a new service provider.
We remove the administrative burden by assessing each employee's financial situation, in relation to salary packaging, including explanations and calculations of the various components of their personalised package. We develop and deliver an effective communications strategy for ongoing awareness and understanding of packaging for all parties involved.
We also:
Treat each individual as having individual needs
Recognise that needs change from year to year
Use leading edge technology for prompt and timely payment of benefits
Assist in communicating the benefits to employees
Provide ongoing and timely communication and reporting
Provide employees with advice and assistance.
We partner with our clients to develop strategic and individually tailored programs covering:
Efficient administration
Education workshops
Employee communication programs
Employee helpdesk
Marketing and promotion
Payroll functions, including payments and reconciliations
Policy development
Program structuring
Reporting.
Your employee benefits
Select your employer type to view the employee benefits:
Car leasing (novated lease)
Mortgage repayments
Personal living expenses
Eating out
School fees
Personal loans
Holidays
Personal insurance
Laptop computer (business use)
Mobile phone (business use)
Briefcase
Membership fees or subscriptions
In-house benefits depending on your employer
Car leasing (novated lease)
Mortgage repayments
Personal living expenses
Eating out
School fees
Personal loans
Holidays
Personal insurance
Laptop computer (business use)
Mobile phone (business use)
Briefcase
Membership fees or subscriptions
In-house benefits depending on your employer
Car leasing (novated lease)
Personal insurance
Laptop computer (business use)
Mobile phone (business use)
Briefcase
Membership fees or subscriptions
In-house benefits, depending on your employer
About us
Established in 2001, our proven track record has earned our reputation as one of Australia's leading providers of salary packaging and vehicle leasing services. We pride ourselves on the longstanding relationships we develop with our clients and their employees.
Our salary packaging team supports a broad client base ranging from public hospitals, to aged care facilities, charities, religious organisations, government agencies (local and state), universities, private schools, listed corporations and private businesses.