An impactful reward for your employees
People love gifts. And they especially love gifts when it's a car. And they really, REALLY love gifts when it's a car that reduces their tax bill.
One perk, so many benefits
In today’s competitive talent market, we know you’re always looking for relevant and affordable ways to retain your staff.
That’s why we’re waiving the flag for novated leasing. We want to raise awareness of how simple and effective it is.
How does novated leasing work for you?
Easy. We do all of the heavy lifting in the background, and you take the credit for saving your team members potentially thousands of dollars on their next vehicle purchase and thousands more in tax savings. And all without having to lift a finger. Plus, it costs your business nothing.
Sound good?
Novated leasing with us is a powerful way of creating a more attractive employee proposition by helping your employees:
- Buy a vehicle for less by accessing Leaselab’s fleet pricing
- Save on GST from their vehicle purchase
- Save on GST from their vehicle running expenses
- Budget all their vehicle expenses and have them paid from their pre-tax salary
- Access discounts on purchasing and running costs
- And last but not least, reduce their income tax
Novated leasing could be the deciding factor when it comes to attracting and retaining staff. That's how Leaselab helps build stronger teams for Australian employers. So keep scrolling and let’s go through the benefits in more detail.
Become the employer of choice
Novated leases create a more attractive employment package without an additional cost.
The ability for your employees to pay for their cars using pre-tax income effectively gives them a boost to their disposable income and maximises their remuneration package.
With Leaselab, you can become an employer of choice as your employees end up with more money in their pockets without any additional expense to the business.
Increase employee satisfaction
We understand that it’s not always possible for employers to give staff a pay increase. However, offering a novated lease is a smart way of providing a strong financial benefit without affecting your bottom line.
This added financial and lifestyle benefit can help your employees feel valued and rewarded at work, which benefits the business as a whole by increasing employee satisfaction and retention.
Improve employee retention
Employees are ultimately liable for managing a novated lease, which means you are only required to set up their pre- and post-tax deductions and continue these deductions during their employment.
While the process to move leases to a new employer is relatively straightforward, employees may face challenges if moving to new employers that do not or have not previously offered novated leasing to their staff.
This will often factor into the decision of whether an employee will move on and can help reduce turnover and improve employee retention.
A novated lease sounds pretty good, right?
That’s because our process is 100% cash-neutral for your company and the financial commitment for the lease contract remains with the employee, not your company. All you need to do is sign off on the lease and we take care of the rest. Our innovative customer portal will pair your employees with a designated point of contact to ensure everyone’s experience is as smooth as possible. That’s why offering novated leases through Leaselab is a no-brainer.
Get in touch
We’re experts in the novated leasing space, so if you have any questions or want to chat through the process feel free to give us a call on 1300 888 594. You can send us a message if that suits you better. Our true passion is creating the best possible novated lease packages, tailored to you to reduce tax and maximise savings – with a great car too!
Get up to speed on all things novated leasing and put yourself in the driver’s seat
At Leaselab, we know everything there is to know about novated car leasing and we’re here to make it easy and accessible for everyone. We pride ourselves on being helpful, so here are a few things to help you along the journey.