For too long, small and medium businesses have been excluded from the salary packaging and novated leasing conversation.
A benefit once reserved for large corporations, it left thousands of hardworking Australians missing out on the financial advantages they deserved.
Did you know SMEs make up over 97% of all businesses in Australia.
SMEs employ millions of people across a diverse range of industries, yet despite representing the backbone of the economy, these businesses often face structural challenges when it comes to offering salary packaging.
Unlike large corporations, small teams rarely have dedicated HR, payroll, and finance departments to manage the administration of benefits programs. Coordinating the setup, compliance, and ongoing employee support can feel overwhelming.
As a result, many SMEs simply assume the benefits are out of reach or too complex to implement.
This is why we created PayRise.
To level the playing field and open meaningful financial wellbeing benefits to every business, no matter their size.
PayRise simplifies the process, removing the heavy lifting so small businesses can provide the same opportunities for their people as the big corporates.
Introducing PayRise
PayRise is our SME-specific program designed to make salary packaging and novated leasing accessible to businesses that were previously excluded.
It is built for growing companies that want to attract and retain great people without adding complexity or cost to their operations.
We wanted to make it simple, accessible, and impactful, removing the barriers that once made these benefits seem out of reach.
Why We Built PayRise
When we looked at the SME landscape, the challenge was clear:
- Many businesses thought salary packaging was too hard or only for large organisations.
- Others wanted to offer it but did not have the admin support to manage the process.
- Employees in small teams were missing out on the same tax savings and financial benefits available elsewhere.
That did not align with our mission to reward the great work of all Australians. Innovation is a core value of ours, and it helps us keep accountable to our mission.
So naturally, we innovated and reimagined the model.
How PayRise Changes the Space
- Tailored for SMEs: There’s no complex setup, no costly systems, no heavy lifting.
- Completely managed by us: We handle everything from employee onboarding to compliance.
- Aligned with your values: Our approach adapts to each business’s tone, culture, and way of communicating.
- No cost to employers: Just meaningful, measurable value for their teams.
With PayRise, we have made financial wellbeing accessible for the businesses that power Australia’s economy, the small and medium employers who made up 97% of the market.
The Impact
Since launching PayRise, we have seen incredible engagement from the SME leaders who never thought salary packaging was possible for their teams.
They are seeing improved retention, stronger recruitment outcomes, and happier, more financially confident staff.
Looking at our own client base, PayRise now represents our fourth largest and fastest growing segment.
PayRise is more than a program, it is a movement. It is about giving every business, regardless of size, the ability to reward their people with benefits that actually make a difference.
We are changing the game, one SME at a time.