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 compensation plan.
This benefit allows employees to save on their daily commute while the company optimises labour costs and improves its image as an employer.
La transport card Edenred Mobility is a payment method exclusively for covering employees' public transport expenses, such as season tickets or tickets for the metro, bus, or commuter rail. 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, as it reduces the employee's taxable base and, therefore, the tax burden. For the company, it does not represent an additional expense, but rather a redistribution of the total salary into non-monetary, tax-exempt benefits.
La transport card it can be used exclusively for the purchase of public transport tickets throughout the country. This includes single tickets, monthly or annual passes for the metro, bus, tram, local trains or medium-distance trains.
It is valid on the main public transport networks such as:
Thanks to its compatibility with multi-city transport systems, it becomes a very useful option for employees living in the outskirts or who travel between different locations.
Furthermore, allow online purchase of season tickets and payment via mobile using Google Wallet™ or Apple Wallet, which further simplifies management for the user.
Include the Transport card as part of the flexible benefits plan offers multiple benefits for both companies and employees:
Incorporate the Edenred Mobility transport card within the flexible remuneration plan It's straightforward. All that's needed is a provider that facilitates the management of this benefit and integrates easily with the company's HR systems. At Edenred, for example, we offer an intuitive digital solution that allows each employee to manage their own card from the Edenred Flex online platform. The company can activate this benefit without administrative complications and with full legal compliance.
Would you like to know how to implement the transport card in your flexible remuneration plan? Read our article now!
Spanish legislation states that the use of the transport card within a flexible remuneration plan is exempt from tax matters up to maximum of €1,500 per year per employee. This means that an employee can allocate up to €136.36 per month to public transport without this amount being taxed as salary.
This limit turns the Flexible travel allowance one of the most profitable benefits for the worker, especially in large cities where daily commutes represent a considerable expense.
Apart from the transport card, There are other products that can be part of a Flexible remuneration and help employees save month by month. Among the most used are the Nursery cheque, which allows for the payment of childcare 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, as well as the transport card, are exempt from income tax up to certain limits established by law, which translates into a higher net salary without increasing the cost for the company.
