Satisfied employees

An effective salary packaging program provides overwhelming business benefits for any organisation. Studies in recent years have drawn links between effective salary packaging programs and:

• shorter recruitment cycles
• lower recruitment costs
• decreased staff churn

Plus, offering even the most basic elements of a packaging program has a positive impact on employee satisfaction. Recent research by Ernst & Young* into a salary packaging organisation found employee satisfaction improved by 21% when salary packaging was introduced. And, as an added bonus, HR admin time was sharply reduced.

Attract and retain the best staff

The same Ernst & Young research confirmed that salary packaging organisations were able to attract higher calibre recruits, faster. These organisations were also significantly more likely to retain their talented staff - spending less time and money on training and people development.

Not just for the big earners

One of the big misconceptions about salary packaging is that it’s only for employees on big incomes. The Ernst & Young research found a salary packaging organisation was able to increase the take-home salary of employees on bases between $60 000 and $80 000 by 25% with no impact on the business bottom line.

Compelling benefits and easy to implement

Some organisations attracted by the HR and financial benefits salary packaging can bring, have been burnt by the admin and associated costs that come with doing it in-house. That’s where SmartSalary can help. We implement effective and tailored programs. We take care of everything to do with the program, including all employee communications - at no extra cost to the business.

We let your HR team get on with doing the things that they do best.

* Salary Packaging: the heavy artillery in the war for talent, a report by Ernst & Young