More and more companies in Spain are opting for the flexible compensation model. Some have made the decision after testing its advantages using a simple tool such as a calculator. Save, moderate spending, The best way to manage unforeseen costs is to manage them in the best possible way, because everything serves to increase cash flow. But if there is one thing that really works, it is an approach to pay that, at no extra cost to the company, increases workers' purchasing power and thus their motivation and productivity.
It all starts with a calculation. You need to find the right tool, the one that will allow you to understand that money which, until now, you haven't been making the most of. This calculator shows you how much you save with a change in approach to your business's remuneration plan..
Evolving towards a model that combines monetary and in-kind payment is a way to deliver greater value to employees. The advantage of making this decision is that doing so does not represent an extra investment for the organisation. Flexible remuneration is the way to have more money in your account at the end of the month. You earn the same, but in a different way:
For example, an employee earning €24,000 gross per year with two dependent children under 25 could allocate €11 per day, 20 days a month, in Ticket Restaurant benefits. Doing so would guarantee them an additional €543.92 per year, as their available remuneration would be €19,451.85, instead of the €18,907.93 they would receive without the payment in kind.
Using the online calculator, you can see the savings an employee with young children of nursery age can make. Let's assume the gross salary is the same as in the previous case, €24,000, and that the employee has two children under three years old. If the Childcare Voucher amount is set at €600 per month, for 11 months of the year, the increase in available funds would be €1,483.42. This is achieved because the available remuneration would increase from €15,535.43 to €17,018.85 with flexible remuneration.
There's no doubt that the entire staff can end the month more comfortably, without it costing the company an extra euro. 'You are considering proposing the flexible remuneration model to your staff.Get out the calculator, save up and start enjoying a more positive work environment, greater motivation and a boost to productivity in your business.
The net salary received increases, and this generates greater motivation and involvement in your company.
