ASPIA recognises the importance of having, consistent, affordable, high-quality training in the financial services sector. While ASPIA members have their own internal training courses, all members need staff to have an accurate knowledge of the salary packaging concepts and its principles. Standardised, industry-recognised training ensures a high standard of service for our customers, helping to strengthen the reputation of everyone in the industry. It is also a way to demonstrate our professionalism to regulators.
That’s why ASPIA has developed an online training program. It explains the key elements of salary packing, to ensure that everyone in our industry understands the nuances, policy settings, tax law and fringe benefit taxes, as well as the roles and responsibilities in managing salary packaging, all of which are important in meeting ASPIA’s code of conduct requirements.
The course has six modules:
- Introduction to salary packaging
- The different employer groups, thresholds and rebates etc
- Novated leases and parties to a lease
- FBT types and common salary packaging benefits
- How the salary packaging administration operates and the roles of all the parties including the basis function performed
- Packaging industry standards and professional behaviour etc/Code of Conduct
The online course will take about 25 hours. The course can be completed at your own pace and at a time that best suits you! Download the course overview for more information about what is covered.
Why do this training?
This affordable, industry-developed training program will benefit all ASPIA members, their employees, and ultimately our clients. It is recognised by all ASPIA members as the minimum standard that we expected of staff. It’s a great tool for onboarding new employees but also an ideal refresher, especially around the end of the FBT year and it outlines items that can be salary packaged and how they’re treated.
For employers and managers it is a great way to ensure that all your team are on the same page and up to date with latest changes. For your employees, this course is recognised by all ASPIA members as the minimum standard expected from staff. Undertaking this training will be a great way to demonstrate your employee commitment to a career in the salary packaging industry.
WATCH this video to learn more about ASPIA and hear what people have thought of the training.
To undertake the course, contact ASPIA’s training administrator at firstname.lastname@example.org. You will then be sent an invoice, and once paid, you’ll be sent log in details. You will have 90 days to complete all six modules. Once you’ve done that, you take the online test and when you pass, you’ll be sent a certificate of completion.