Why Savvy Benefits?
As an Australian-owned business grown from family values, we believe in the power of community, connection and care. Over 15 years' experience in commercial and consumer finance has provided a unique understanding of the challenges and aspirations of everyday Australians.
This insight inspires us to help employers create genuine value beyond the workplace, empower people to achieve their dreams and get the best out of their body, mind and finances.
Novated leasing
Give employees access to the most tax-effective way to finance a vehicle. With a novated lease through us, there’s no FBT and no cost to the business, plus employees can save thousands in tax per year. Savvy Benefits manages the budgets, invoicing and payroll, so not only is it ATO-compliant but, crucially, simple and convenient.
- ATO-approved management
- No FBT and no cost for employers
- Increase take-home, not payroll
- Reporting and portal available
Your potential novated lease savings
| Car loan | Mortgage equity loan* | Cash | Novated Lease | Novated Lease (EV) | |
|---|---|---|---|---|---|
| Vehicle purchase price (inc GST) | $46,793 | $46,793 | $46,793 | $40,983 | $40,983 |
| Running costs over 5 years | $32,082 | $32,082 | $32,082 | $29,165 | $18,440 |
| Finance cost (inc. interest and fees) | $54,920 | $54,147 | $0 | $48,678 | $48,678 |
| Tax saved over 5 years | $0 | $0 | $0 | $12,783 | $25,775 |
| Novated lease cost comparison | $87,002 | $86,229 | $78,875 | $65,060 | $41,343 |
*Finance cost shown if the amount added to your mortgage is paid off in five years. If the mortgage top up amount to purchase a car is paid off over the remaining mortgage term, additional interest of over $30,000 could be charged over a 20-year period.
Figures are for illustrative purposes only, based on annual gross salary of $80,000 and travelling 15,000km/year over a five-year term. Vehicle price of $46,793 drive away, fuel price of $1.85 (or $0.35/kWh). Compared to a five-year secured loan of 6.49% p.a. and a mortgage redraw of 5.90% p.a.
Rewards and perks
Savvy Rewards provide genuine value without the hassle, while increasing your corporate good citizen reputation. Automatic cash-back, flexible donations, ‘BYO Charity’ and more!
- 100% automatic, no extra cards
- Tax-deductible reporting
- Flexible donation percentage
- Include existing and preferred charities
Have existing reward partners? Savvy Benefits can include them to enhance your existing benefits.
Employee assistance
Safe Work introduced the Model Code of Practice: Managing psychosocial hazards at work in 2022 as a response to changing risk and support for the Australian workforce.
Through Savvy Benefits, employees have access to trained professionals, including 24/7 critical response support.
- Psychologist-based EAP
- 24/7 hotline (trauma psychologists on call)
- Group wellness classes and resources
- Tailored mental health referrals
- Bulk-billed mental health care plans
42.9% of Australians aged 16-85 experience mental health illness
A study of almost 27,000 participants revealed five sessions on average moved individuals from a state of distress to a state of wellbeing
Short-term counselling has shown a wellness gain of 29%
Health care
Innovative benefits are leading the way for workplaces and employees to proactively prevent and treat illness. Encouraging employees to ask questions and get checked can significantly improve peace of mind and productivity while reducing financial stress caused by time away from work.
- Skin checks and hearing tests
- Same-day appointments
- Workforce health analytics
- Accredited experts
46% of people wait days or even weeks to see a GP, delaying early intervention and prolonging symptoms. Accessible day-to-day and preventative health care reduces time worrying and waiting on scripts or certificates, while it's been shown to improve attendance by over 20%.
- Medical certificates
- Prescriptions and medicine
- Minor illnesses and infections
- Injury assessment and management
A mutually beneficial return on investment
- The average employee takes eight days of sick leave per year
- Average costs to a business is $350 per day, or around $2,800/year
- Reducing absence by as little as 1.8 days per person can save $630/FTE per year
- Strictly anonymous and independent privacy management
- Structure and data can be customised to provide the best insights
HR support and advice
For over 15 years, Savvy has provided high-quality services to Australian businesses. Many do not have the capacity for a full-time HR manager and, in most cases, simply require quick, general advice.
- Formal HR templates and letters
- Situational leadership
- Performance and behaviour
- Psychosocial risk awareness
Decades of experience
Savvy Benefits HR Support & Advice has over 40 combined years of real-world experience and understanding.
Guidance on leadership
Access to situational leadership, performance and behavioural expertise, plus professionally-written letter templates.
Support to suit your needs
Flexible and cost-effective general advice provides guidance, strategic insights and professional support.
Decades of experience
Savvy Benefits HR Support & Advice has over 40 combined years of real-world experience and understanding.
Guidance on leadership
Access to situational leadership, performance and behavioural expertise, plus professionally-written letter templates.
Support to suit your needs
Flexible and cost-effective general advice provides guidance, strategic insights and professional support.
Asset finance
Savvy has been one of Australia’s leading providers of financial solutions for over 15 years. Partners are assigned a dedicated senior broker with access to over 40 lenders. Specialising in commercial lending, Savvy can find the most suitable, simple options to help sustain and grow your business.
Chattel mortgage
- Business-owned assets
- Optional balloon/residual
- Eligible for instant asset write-off (subject to government criteria)
- GST claimable upfront (if your business is GST-registered)
Finance lease
- The financier owns the asset
- Repayments are tax-deductible
- Suitable for light and heavy assets
- End of lease options: return, extend or own
Business loans
- Low-doc loan options up to $300,000
- Flexible terms up to seven years
- Any business asset eligible
- Same-day approvals
Make management easy by packaging expenses like fuel, insurance, tyres, registration and maintenance in addition to simple recurring invoice!
