remuneration packaging

Remuneration packaging is the way an employer arranges your salary and benefits. Instead of just paying cash, they might include options like a company car, extra superannuation (retirement savings), or health insurance. This approach allows both you and the employer to tailor your compensation to suit your needs and sometimes achieve tax advantages. Essentially, it’s a flexible system for designing a fair and beneficial pay package that balances cash income with additional perks to support your financial and personal wellbeing.