At SalaryFlex™, we educate employees to manage their money and empower them to decide when they are paid, rather than waiting for the standard pay cycle.
Partner with SalaryFlex™ to relieve your employees’ financial stress and boost productivity - at no or low cost to your business.
Financial stress is a productivity killer.
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1 in 2 households live paycheck to paycheck
This is not only a low-paid workers’ phenomenon.
1 in 4 Australian households earning $150,000 - $200,000 per year, and 22% earning >$200,000 per annum, also live paycheck to paycheck.
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Pay cycle misalignment
Most employers have monthly or fortnightly pay cycles, whereas employees often have financial commitments or unexpected expenses which don’t align with the pay cycle.
This can lead to employees seeking high cost loans and credit solutions which exacerbate financial stress.
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50% of workers suffer financial stress
Financial stress causes a negative effect on productivity, engagement and overall health.
50% of all Australian workers reported some level of stress about finances.
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$67B in lost productivity annually
3 million Australian workers suffer severe or moderate financial stress, costing $67B in lost productivity annually.
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1.9 billion lost hours annually
EACH of Australia’s 3M workers who are severely or moderately financially stressed suffer ~12 hours of lost time PER WEEK, comprising 10.9 hours of lost productivity and 0.9 hours of sick leave.
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Knowledge Gap
There is a substantial budgeting & money management knowledge gap, even in high paid, well educated employees.
SalaryFlex's benefits
Find out how SalaryFlex can transform your business, in 2 minutes
SalaryFlex’s Co-Founders
We’re passionate about solving problems and plugging gaps in the market.
After witnessing well paid professional colleagues facing a large proportion of their living expenses falling due out of cycle with their salary pay date, and the credit card/personal loan juggle and stress to bridge the gap until payday, we figured there must be a better way.
Coupled with our senior corporate experience which highlighted the issues faced by employers in employee wellbeing and productivity, as well as recruitment and retention, we came up with a multi-faceted solution to address the issues on both sides.
And so, SalaryFlex™ was born.
Meet Jessica
In addition to Bachelor degrees in Commerce and Law (Honours), and a Masters in Applied Finance, Jessica has over 15 years’ experience spanning both private legal practice and senior executive roles up to and including as General Counsel/Company Secretary of various ASX 300 companies. Her broad experience covers varied aspects across diverse businesses, including legal, numerous HR aspects including remuneration and benefits, bonus structures and equity incentive schemes, recruitment, training and policies, corporate governance, finance, M&A, equity capital markets, strategy and investor relations.
Despite having no medical background, Jessica is co-inventor of the accepted patent behind Viraleze™ antiviral nasal spray (product received $1M MRFF funding, on-market in UK, Europe, Hong Kong & Vietnam), and co-inventor on a published patent for a new indication for an existing medical device (Zika virus).
Meet Lauren
Lauren has over 12 years’ experience, including at a top tier law firm and a number of ASX 20-100 companies across diverse industries, with direct experience in corporate governance, legal, mergers and acquisitions, equity capital markets, HR, finance, treasury and regulatory matters.
Lauren won the Blake Dawson Waldron Contract Law prize for topping the year in Contract Law B at Monash University.
SalaryFlex’s Values
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Integrity
We are honest in our dealings and work with integrity
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Collaboration
We collaborate with businesses, their employees and the community
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Empowerment
We support the empowerment of people
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Innovation
We strive for superior outcomes through innovation