Optimise your leave liabilities

Generate value by reducing leave provisions and liabilities, reducing wage inflation, increasing employee productivity and accelerating tax deductions.

Get Started
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Financial Benefits

SmartWage can improve your balance sheet, increase profit
and smooth cashflow

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Reduce Liabilities and Increase Profit

Reduce leave balances to decrease leave provisions and liabilities

Mitigate wage inflation and increases in your leave balances from pay rises.

Accelerate tax deductions and smooth cashflow

Pay out excess annual leave throughout the employment of your staff rather than a lump sum when they move on to their next chapter.

Claim the tax deduction now!

Young family walking through an airport. about to set off on a holiday funded by cashed out annual leave through Smart Wage.

People Benefits

Happy, healthier, more engaged staff
improve your culture and your bottom line.

Image of an empty office space.

Reduce absenteeism

When an employee’s health is optimal, they’re less likely to take sick days off work and are more present at work.

Two employees having a constructive conversation in the workplace.

Attract Talent

Employees are seeking Employers with innovative solutions to support and improve their financial and mental health.

Collage of happy employees faces.

Retain Talent

As employee’s re-evaluate their ‘COVID-reset’, provide your employees an additional reason to stay.

Allow staff to unlock their total remuneration package now, rather than moving to a new employer.

Happy young employees sharing knowledge and experiences in conversation.

Happier, Healthier, More Engaged Staff

Employee Feedback

We have been talking to staff and they are telling us some very interesting things

Who took our survey

Gender

47% - Male
53% - Female

Age

14%
18-24
38%
25-34
34%
35-44
14%
45-54

What they told us

90%
of staff would prefer to work for an employer providing choice how to access excess leave
 
75%
agreed accessing leave could reduce financial stress and hardship
 
88%
would be drawn to an Employer over another in a recruitment process
who provides access to cash out leave
 
78%
agreed accessing leave could improve financial health and focus at work
 
97%
would prefer to work for an employer providing financial well-being initiatives
 
45%
didn’t know they could legally cash out leave
 

How does SmartWage work?

Simple sign up, quick integration, happy employees, increased value

Employer signs up

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SmartWage integrates with Payroll Software

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Employer approves integration accuracy

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Employees are emailed advising how to sign up

Employee selects how many hours leave
to cash out

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Digital MasterCard® issued instantly with available funds

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Payroll adjustment report issued each pay cycle for hours cashed out

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Employer adjusts leave balances and transfers funds to SmartWage

Security

Market leading security ensures data privacy, security and transparency

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Google Cloud Platform

We use the same secure infrastructure as Google to protect your information, identities, applications, and devices.

Security is our top priority to ensure data privacy.

We made this bit simple

Employers only pay a small transaction fee each time an employee uses the solution and ‘cashes out’ leave. There is no cost to the employee!

One simple pricing model:
2.9% + $1.99 
/ transaction
What's included:
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    Detailed reporting each pay cycle for Employee spend
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    Employee MasterCard and Mobile App
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    More features to come!