FLEXIBLE REMUNERATION: WHY IS EMOTIONAL SALARY THE FUTURE OF COMPANIES?
Flexible remuneration is one of the best tools to promote the emotional salary of employees. For this reason, it is very important to be clear about the types of flexible remuneration for companies and which of these are the best flexible remuneration for your employees.
Applying these correctly to your company can bring many benefits, such as a better working environment, happier employees, an improved company image or that your employees benefit from being able to undertake training, the best possible investment. To achieve all this, you first need to be very clear about what is flexible remuneration, emotional salary and the best way to implement it in your company. We will tell you all about it below!
Flexible remuneration: What is it?
Flexible remuneration is a series of benefits that companies offer their employees with the aim of taking care of them so that they can combine their personal and professional lives in the best possible way. These consist of the employee being able to allocate a part of their gross salary to the purchase of products and/or services and the price of this will be deducted directly from their salary. Precisely because of using this method of purchase, the employee can save a lot of money as a large part of the income tax on these products/services will be deducted.
Thanks to this flexible remuneration, employees can benefit from discounts on transport passes, restaurant vouchers, childcare, gym passes or their professional development thanks to training. These tax advantages will give your company a better corporate image, employee wellbeing, a better work-life balance and a lower employee turnover rate, as your company’s talents will want to continue working with you.
Who can request flexible remuneration?
All employees of the company who wish to apply for flexible remuneration can do so. They are completely free to choose which ones they want to use and no one can be forced to use any of these benefits. Likewise, they will obviously only be able to benefit from those flexible remunerations offered to them by the company.
Types of remuneration:
Although flexible remuneration is a very good tool to promote the emotional salary of employees, it is not the only way:
- Defined: It consists of having a salary and, in addition, having benefits that the company determines for each worker.
- Variable: Apart from the basic salary, the employee has a variable salary based on productivity bonuses.
- Flexible: The employee can contract the benefits package on a completely voluntary way.
Encourage emotional salary among your employees
Due to the rapid evolution of both companies and jobs, it is essential to be able to offer a good emotional salary to our employees. Thanks to this we can ensure that our employees are motivated, committed to their work and, above all, happy in the company. There are many tools to promote the company’s emotional salary: providing teleworking options, flexible working hours, personal recognition and the possibility of professional development. Undoubtedly, emotional pay is the future of any company, as employees are increasingly valuing being able to combine their private life with their work life and being in a company where they feel loved and cared for.
As mentioned above, one of the best ways to promote emotional pay is through employee training. At Classgap for Enterprise we are perfectly aware of this situation, which is why all our courses are 100% customised based on the objectives and needs of both the employee and the company. In order to offer the best online training we have developed the “Virtual Classroom” platform where teacher and student can have a totally bidirectional communication, share notes, do exercises, review projects… In short, everything necessary for your employee to learn as much as possible, to apply it to their job and this promotes the development of their emotional salary.
If you don’t know where to start when it comes to organizing training for your employees, don’t worry. At Classgap for Enterprise we have a totally free audit service where our experts will advise you and accompany you throughout the process so that you don’t have to worry about anything.
As you have seen, giving your employees the option to choose flexible remuneration is one of the best options to promote their emotional pay. In that case… What are you waiting for? Contact us today and start promoting your employees’ emotional pay by training them!