In today's workplace, attracting and retaining talent no longer depends solely on base salary. Companies that want to stand out in a competitive marketplace are increasingly looking to offer benefits that are tailored to the real needs of their employees. One of the benefits most valued by urban workers is the Edenred Mobility transport card as part of a flexible remuneration plan.
This benefit allows employees to save on their daily commute while the company optimises labour costs and improves its image as an employer.
The transport card Edenred Mobility is a means of payment designed exclusively to cover public transport expenses for workers, such as season tickets or metro, bus or suburban tickets. This card can be part of a flexible remuneration plan, This means that the employee can allocate part of his or her gross salary to this benefit without being taxed on that amount for personal income tax purposes.
This translates into direct savings, It reduces the employee's tax base and thus the tax burden. For the company, it is not an additional expense, but a redistribution of the total salary in non-monetary items exempt from taxation.
The transport card can be used exclusively for the purchase of public transport tickets nationwide. This includes tickets, monthly or annual passes for metro, bus, tram, suburban or medium-distance trains.
It is valid on the main public transport networks such as:
Thanks to its compatibility with the transport systems of multiple cities, it is a useful option for employees living in the suburbs or commuting between locations.
In addition, allow online purchase of the season ticket and mobile payment via Google Wallet™ or Apple Wallet, This makes it even easier for the user to manage.
Include the transport card as part of the flexible remuneration scheme brings multiple benefits for both companies and employees:
Incorporate the Edenred Mobility transport card as part of the flexible remuneration plan is simple. All you need is a provider that facilitates the management of this benefit and integrates easily with the company's human resources systems. At Edenred, for example, we offer an intuitive digital solution that allows each employee to manage his or her own card from the Edenred Flex online platform. The company can activate this benefit without administrative complications and with full legal compliance.
Do you want to know how to implement the transport card in your flexible remuneration plan? Read now our article!
Spanish legislation establishes that the use of the transport card within a flexible remuneration scheme is exempt from personal income tax up to maximum of €1,500 per employee per year. This means that a worker can spend up to €136.36 per month on public transport without this amount being taxed as salary.
This limit makes the flexible remuneration for transport This is one of the most cost-effective benefits for the worker, especially in large cities where commuting is a considerable expense.
In addition to the transport card, There are other products that can be part of a flexible remuneration and help employees to save on a monthly basis. Among the most commonly used are the childcare voucher, which pays for pre-school education services for children under three years of age, and the ticket restaurant, The purpose of the programme is to cover meals in restaurants and bars.
Both benefits, like the transport card, are exempt from personal income tax up to certain limits established by law, which translates into a higher net salary without increasing the cost to the company.
