One of the ways in which workers can obtain money in case of urgent need is the advance of remuneration, which will enable them to to advance part of their salaries in exceptional cases when necessary. However, the advance payment of remuneration has certain limitations and should always be considered as an exception when obtaining remuneration from the salary.
Advance payment of remuneration is an option which allows workers to receive part of their normal remuneration before the normal pay date. When such an advance is made, the final amount will be deducted from the remuneration at the usual time of payment, which means that the employee, in the end, gets the same amount of money even though the payments are made at several different times.
The Article 29 of the Workers' Statute is the one that states that “the employee and, with his or her authorisation, his or her legal representatives, shall be entitled to receive advances on account of work already carried out before the date fixed for payment”. However, it must be borne in mind that, in order for the advance payment of remuneration to be executed correctly, a number of requirements must be met:
In other words, the advance payment of remuneration is formulated as an exceptional solution to the lack of liquidity. However, this makes it an option that can only be used on an ad hoc basis, never as a rule.
Another important aspect to bear in mind with regard to salary advances is that they can only be applied for in respect of the monthly payroll of the worker. In other words, that no advance payment of any kind of bonus may be requested. or special bonus to which the worker will have access in the future.
Regarding the amount of money that can be requested in the advance, it should be borne in mind that the law does not establish an exact amount. But it does limit the advance to a maximum amount that is commensurate with the work already done. For example, if you have worked two weeks and there are two more weeks to go until you receive your monthly payment, you can request an advance payment for the two weeks of work already done, but not for the two weeks you still have to work until your regular paycheck.
While advance pay is one solution that employees can resort to when they are short of cash, there are other ways in which the company can increase the purchasing power of employees without the need to advance or increase wages. of these directly. The Flexible Compensation enables employees to convert part of their salary into different tickets, such as the Childcare Ticket or the Transport Ticket, among others. This, despite being applied to a specific part of the employee's salary, makes that part of the salary much more profitable, since, when transformed, that part of the employee's salary is exempt from taxation, which increases the employee's purchasing power despite the fact that the salary he/she enjoys remains the same.
