Australia’s cost of living crisis has reached new heights, putting a heavy burden on working families. With the cost of essentials like rent, groceries, and mortgage interest constantly on the rise, budgeting has become increasingly difficult for the average person. There is some cause for optimism despite the current economic climate – workers can save money and find their way with the help of Flare, a revolutionary app for employee benefits. From saving on your morning coffee to your weekly shop, you can tap into your benefits anywhere and anytime to enjoy real-time savings and discount storecards.
The cost of living crisis:
Recent statistics reveal the severe extent of the current cost of living crisis. According to the Australian Bureau of Statistics, all five Living Cost Indices had an increase between 7% and 9% over the past year. Factors such as housing, food, and mortgage interest charges have contributed to this unprecedented rise, leaving employees struggling to cope with the financial burden. In these challenging times, employee benefits play a crucial role in alleviating the financial burden many families are facing.
Introducing Flare Benefits:
As the cost of living continues to rise, deals and discounts, courtesy of Flare, are a welcome relief. Make the most of your paycheck with the help of the Flare app, available through your workplace. By granting access to benefits on the go, Flare helps individuals tap into discounts from hundreds of retailers at over 9,000 locations, offering significant savings.
One of the key features of the Flare app is the varied, exclusive employee discounts. From groceries to fashion, electronics to entertainment, the Flare app covers various aspects of daily expenses. You can now enjoy significant savings by utilising discounts offered by a wide range of retailers, making your money go further and helping to alleviate some of the financial strain.
Some of our favourite discounts we offer:
- 3% off at Woolworths
- 5% off at Airbnb
- 5% off at Doordash
Save on your car
Among the array of savings opportunities, Flare offers a game-changing Novated leasing option. With Novated leasing, employees can lease a vehicle using their pre-and-post-tax income, potentially resulting in savings on one of the biggest household expenses. By taking advantage of this offering, employees could enjoy significant tax benefits, reduced vehicle costs, and simplified vehicle management. Drive the car of your dreams while saving money on financing, fuel, insurance, and maintenance.
Supporting wellness and financial wellbeing:
Flare Benefits go beyond just financial savings. Additionally, our app provides expert wellness content that focuses on important facets of our lives like stress management, career advancement, and financial security. Flare helps its employees weather the economic storm by providing them with tools and guidance that aim to improve their financial situation and quality of life.
How you can save:
Let’s take an in depth look at how Flare Benefits can help your bottom line. Here we’ve broken down the annual savings you could make, through Flare Benefits. As you can see, the savings add up – especially if you’re faced with a big purchase like a car.
Getting started with Flare Benefits:
Get the most out of the discounts and wellness tools available through Flare Benefits if your company offers them. If not, speak to your employer about how Flare benefits could support you and your workmates in navigating the cost of living crisis. Our team would be delighted to show your organisation how our free employee benefits program can support their team’s financial wellbeing through discounts, Novated leasing and salary sacrifice. Enquire now.
The cost of living crisis in Australia has put a heavy burden on workers, making it tough to make ends meet. On the other hand, Flare benefits serve as a ray of hope by giving workers access to various perks, such as special discounts and informative wellness materials. By using the Flare app, you can get the most out of your pay.