SalaryPackagingPLUS

What SalaryPackagingPLUS does

SalaryPackagingPLUS (legal entity Salary Packaging Plus Pty Ltd, ABN 99 109 696 139) is a privately held Australian salary packaging administrator founded in 2002 and headquartered in Melbourne. The company administers salary packaging arrangements on behalf of public sector employers, with NSW Health (across 20+ Local Health Districts) and The Salvation Army as named anchor contracts and a stated book of more than 50,000 individual packaged employees. It also services charity and not-for-profit, rebatable education, and government/corporate employees, exploiting the differentiated Australian FBT exemption thresholds of $9,009 (public health) and $15,900 (public benevolent institutions).

The core technology is a proprietary cloud-based administration platform exposed to end users through the my+ mobile app (iOS and Android) and my+ web portal, supported by OnboardingPLUS for digital enrollment and calculators for both salary packaging and novated leasing. Payment instruments are co-issued with two partners: Beyond Bank Australia provides Visa debit cards used for general living and meal entertainment expenses, and EML Payments provides Mastercard cards dedicated to NSW Health employees. A separate LeasePLUS sub-brand provides novated leasing for vehicle costs. The company is ISO 9001 certified, deploys onsite representatives at large employer sites, and maintains a phone-based consultation operation (1300 408 046) using Acuity Scheduling for 15-minute appointment booking.

The business model is recurring and per-employee: administration fees are set by employers (and may be passed through to employees), with card fees of $66/year on NSW Health cards and $2.54 per pay cycle on Beyond Bank cards, plus commissions and rebates from third-party providers of packaged benefits. Distribution is hybrid — enterprise field sales targeting large public sector employers, self-serve digital onboarding for individuals, and onsite field agents at employer locations. The company is 100% Australian-owned and has no disclosed institutional investors, parent entities, or subsidiaries.

Name

SalaryPackagingPLUS

Legal name

Salary Packaging Plus Pty Ltd

Website

https://salarypackagingplus.com.au

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

101–250 employees

Short description

SalaryPackagingPLUS is an Australian salary packaging administrator serving public health, charity, and government employers — primarily NSW Health and The Salvation Army — through a proprietary my+ mobile and web platform, novated leasing, and co-branded payment cards.

Ownership category

akta.pro rank

Product category

Employee Benefits Administration

NAICS

Payroll Services (541214), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Professional Employer Organizations (561330)

SIC

Services-Help Supply Services (7363)

akta.pro primary industry

Payroll Software & Payroll-as-a-Service (SaaS) (BPACAIAB)

akta.pro secondary industries

Payroll & Employment Tax Services (BPAHABAD), Pay Card Programs & Earned Wage Access (EWA) Administration (BPACAIAK), Payroll Cards & Salary Prepaid (FSAMANAE)

Keywords

• Salary packaging
• Novated leasing
• Employee benefits administration
• Fringe benefits tax
• Pre-tax salary deductions

Headquarters

HQ city

Melbourne

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Administration Fees: SalaryPackagingPLUS charges Administration Fees for its role in administering salary packaging arrangements. The fees are determined by employers and may be passed on to employees as additional salary packaged items.
2. Card Fees: Annual fees charged for salary packaging cards. NSW Health cards: $66/year ($5.50/month). Beyond Bank cards: $2.54 per pay cycle.
3. Commissions from Third-Party Providers: SalaryPackagingPLUS and its affiliates may receive commissions, rebates or other payments or benefits from third party providers of goods and services who provide goods and services as part of Salary Packaged Benefits

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels8 records

Core offering

SalaryPackagingPLUS administers ATO-approved salary packaging and novated leasing programs for employees of public health, charity/not-for-profit, rebatable, and government organisations across Australia. The service converts taxable salary into tax-free benefits for living expenses (rent, mortgage, credit cards), meal entertainment, and vehicle costs, accessed via a proprietary my+ mobile app, web portal, and partner-branded debit cards.

Product overview

SalaryPackagingPLUS offers a unified salary packaging administration platform with integrated products including core salary packaging and novated leasing services, digital customer management tools (my+ mobile app and web portal), and payment card solutions (Living Expenses and Meal Entertainment cards via Beyond Bank and EML Payments partnerships). The platform also includes calculators for estimating savings and an online onboarding system. The ecosystem enables employees to reduce taxable income by packaging everyday expenses and vehicle costs, with funds managed through the my+ portal and spent via branded payment cards.

Differentiator

Problem solved

Functional benefit

Brands

• my+ App: Mobile application for salary packaging management, allowing users to submit claims, view balances, and manage their salary packaging benefits
• my+ Portal
• LeasePLUS
• OnboardingPLUS

Products and services

• Salary Packaging Services ATO-approved salary packaging administration service that allows employees to receive a portion of pre-tax salary as tax-free benefits, reducing taxable income and increasing take-home pay. Targeted at employees of public health, charity/not-for-profit, rebatable, and government organisations.
• Novated Leasing Finance arrangement enabling employees to salary package vehicle costs including finance, fuel, servicing, insurance, tyres, and registration through pre-tax salary deductions. Operated under the LeasePLUS brand.
• Living Expenses Card Prepaid debit card (VISA via Beyond Bank Australia, or Mastercard via EML Payments for NSW Health) loaded with pre-tax salary for everyday living expenses including groceries, clothing, utility bills, phone/internet, school fees, and insurances.
• Meal Entertainment Card Prepaid debit card for meal entertainment expenses including dining out, beverages purchased with meals, venue hire, home catering, and holiday accommodation. Available in VISA (Beyond Bank) or Mastercard (EML Payments) variants depending on employer.

Quantifiable outcome

• Over 60% of employees in Australia's health, charity, and PBI sectors choose salary packaging
• +1 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Beyond Bank AustraliacoreChannel Partner/ Reseller/ DistributorSalaryPackagingPLUS is proudly partnering with Beyond Bank Australia to provide customers with Visa debit cards for general living and meal entertainment expenses. Beyond Bank's community focus aligns with SalaryPackagingPLUS's dedicated customer service and value commitments throughout metropolitan and regional Australia.
• EML PaymentscoreChannel Partner/ Reseller/ DistributorSalaryPackagingPLUS has partnered with EML Payments to provide Living Expenses and Meal Entertainment Mastercard cards for NSW Health employees. Cards enable spending of pre-tax salary anywhere Mastercard is accepted.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/SalPackPlus
• YouTubeyoutube.com/channel/UCSxn3S1YtgVbLkV1E4roJ5g
• Facebookfacebook.com/salarypackagingplus
• LinkedInlinkedin.com/company/salarypackagingplus
• Instagraminstagram.com/salarypackagingplus

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SalaryPackagingPLUS