Universities
Empower your employees
Improve your employee benefits with a university novated leasing partner that makes the sign-up process simple and admin seamless.
Benefits for universities
Choose a novated leasing partner that provides university employees flexibility and convenience, while streamlining the admin for HR and payroll departments.
Offering novated leasing as part of your benefits package shows that your university cares about your employees’ financial well-being. Faculty and staff can save on vehicle costs by paying with pre-tax dollars, reducing their taxable income and increasing their take-home pay. These simple benefits can also help attract and retain top academics to your institution.
Transitioning from fleet management to novated leasing can help reduce university operating expenses. By leveraging employees' pre-tax salaries for lease payments, you save on vehicle outlay and ongoing maintenance while still offering vehicles as an employee benefit. It’s a win-win solution that keeps your costs down while maintaining a valuable perk for your staff.
Novated leasing helps universities streamline administration related to payroll, staff benefits, fleet management, and vehicle maintenance. Easi takes care of it all, from setting up payroll, to assisting staff in choosing their new vehicles and managing maintenance. Easi is the ideal partner for efficient, hassle-free vehicle management.
What can you salary package?
Extend the benefits of salary packaging to cover essential living costs, helping to reduce your employees' taxable income even further. Depending on their situation, that could mean using salary packaging for rent, relocation expenses, insurance, or school fees.
Help employees supercharge their retirement planning by offering the option to make pre-tax contributions to their superannuation fund. It's simple to set up, helping your team to build up retirement savings faster while reducing their current taxable income.
A novated lease provides financial benefits to faculty and employees by leveraging their pre-tax salary. It also smooths operating expenses like maintenance, insurance, tyres and registration into a flat weekly payment — maximising disposable income.
Opt to provide a salary packaging arrangement on the latest tech, from computers and smartphones to smartwatches and more. Salary-packaged technology items can be used for private or university use and can make the most of pre-tax income.
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How it works
A novated lease is a convenient and cost-effective agreement between you, your employer, and a novated leasing provider, like Easi. You choose a car you love and pay for it directly from your wages through salary sacrificing. This employee benefit is very popular as your employers only involvement is paying across your money for your lease into your easi account.
Novated leasing allows employers to offer employees a valuable non-cash benefit, enhancing overall remuneration without increasing costs.
By outsourcing vehicle management to employees through novated leases, employers significantly reduce administrative burdens associated with fleet maintenance and management.
Employers benefit from novated leasing as it eliminates the need for upfront capital investment in purchasing and maintaining fleet vehicles, preserving capital for other strategic investments.
Vehicles leased through novated leases remain with the employee, removing the burden of unwanted vehicle disposal and associated costs from the employer.
Learn more about leasing with our helpful guides
Become a partner
Team up with Easi and become an employer of choice.