Human resources are one of the best assets of any organisation. It is significant to realize that all the procedures and activities of a business be it a small local business or a multinational enterprise, need the administration of employees, even in a company where all the activities are automated, the role of employees in handling the machines can never be undermined.
Taking these details into consideration, it makes sense for the employers to provide value addition to their employees. But normally, and especially when the number of workers is more, it turns out to be tough for the employers to come up with adequate financial resources for providing all their employees a hike in salary. An incredible solution that can assist employers financially appreciate the hard work of their employees while not having to pinch their pockets is Salary Packaging and novated lease administration services.
Salary Packaging and novated lease administration services are something that you have to consider if you own a business. There are few firms that specialise in salary packaging and novated lease administration; they are so experienced in what they do that they can provide salary packaging solutions that are customized to meet the Human Resource policies of your company.
Salary Packaging is simply a process by which extra value is added to the salaries of your employees. With the help of this process, your workers will be in a position to get the utility of portions of their salary which otherwise has to be expended on tax. This naturally increases the take home salary of your employees without you having to shell out huge amounts of money. This is an excellent tax authority compliant tax benefit for employees.
Salary packaging is actually a three way agreement between the employee, employer and the lender. In clear terms, the worker will be able to buy certain items (like motor vehicles and laptops) making use of pre-tax dollars. All that the employer has to do is pay the Salary Packaging firm from the employee's remuneration and provide salary less expenditures to the employee later. This agreement is generally called as the novated lease when the item being packaged is a motor vehicle. When you seek the services of the Salary packaging and novated lease administration specialists all this can be done in an easy way. You will also be offered reports that are simple and easy to comprehend from the service providers.
When you adopt this strategy, you can gain a competitive advantage of attraction and retention of employees. You can also give a better representation of your business while also adding value to your employees' salary in a cost effective manner. Simplygreen Salary Packaging provides an effective salary packaging solution for organisations that want to find ways of adding value to their employees'remuneration and reducing the impact on the environment.
Taking these details into consideration, it makes sense for the employers to provide value addition to their employees. But normally, and especially when the number of workers is more, it turns out to be tough for the employers to come up with adequate financial resources for providing all their employees a hike in salary. An incredible solution that can assist employers financially appreciate the hard work of their employees while not having to pinch their pockets is Salary Packaging and novated lease administration services.
Salary Packaging and novated lease administration services are something that you have to consider if you own a business. There are few firms that specialise in salary packaging and novated lease administration; they are so experienced in what they do that they can provide salary packaging solutions that are customized to meet the Human Resource policies of your company.
Salary Packaging is simply a process by which extra value is added to the salaries of your employees. With the help of this process, your workers will be in a position to get the utility of portions of their salary which otherwise has to be expended on tax. This naturally increases the take home salary of your employees without you having to shell out huge amounts of money. This is an excellent tax authority compliant tax benefit for employees.
Salary packaging is actually a three way agreement between the employee, employer and the lender. In clear terms, the worker will be able to buy certain items (like motor vehicles and laptops) making use of pre-tax dollars. All that the employer has to do is pay the Salary Packaging firm from the employee's remuneration and provide salary less expenditures to the employee later. This agreement is generally called as the novated lease when the item being packaged is a motor vehicle. When you seek the services of the Salary packaging and novated lease administration specialists all this can be done in an easy way. You will also be offered reports that are simple and easy to comprehend from the service providers.
When you adopt this strategy, you can gain a competitive advantage of attraction and retention of employees. You can also give a better representation of your business while also adding value to your employees' salary in a cost effective manner. Simplygreen Salary Packaging provides an effective salary packaging solution for organisations that want to find ways of adding value to their employees'remuneration and reducing the impact on the environment.
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They can help employees structure their salary packaging effectively - resulting in a pay rise for employees at no extra cost to employers PLUS a reduction in their ecological footprint. For more info please visit http://www.simplygreen.com.au
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