16 January 2025

How much do you save with flexible compensation?

La flexible compensation is a great ally to increase the purchasing power of professionals, but how many are really aware of its benefits? At Edenred, we have analysed the most relevant figures and data for you to discover how this solution can make a difference in your day-to-day work.

What do we know about flexible remuneration?

Although 53.3% of professionals have heard of this concept, only 5.2% actually understand how it works or how much they could save by applying it. This lack of understanding not only limits opportunities for personal savings, but also makes it difficult for companies to implement it effectively.

Taking the average annual salary in Spain as a reference, which in 2022 was €26,948.87 according to INE data, a person could save up to €1,322.46 per year by using flexible remuneration for services such as Ticket Restaurant, Edenred Guardería or Edenred Mobility. This tool allows you to allocate up to 30% of your gross annual salary to tax-free products, tailored to the needs of each individual.

Priorities according to professional profiles

Our study also indicates that preferences for using this solution vary according to salary level and career stage. Young people earning less than €25,000 tend to prioritise mobility and language training, while those who exceed this figure prefer to invest in dining out and discounts on digital platforms. As work experience progresses, interests diversify: those earning less than €25,000 remain focused on mobility, while higher salaries are allocated to health insurance or pension plans.

Furthermore, awareness of flexible remuneration appears to be directly linked to salary. 90% of those earning over €53,000 are aware of this solution and its benefits, whilst among those earning between €18,001 and €25,000, the figure drops to 37%. This data highlights the need for greater awareness and training on the subject to make access to it and its benefits more widespread.

The impact on personal finances

To illustrate how flexible remuneration impacts personal finances, we present two examples that show how outcomes vary according to each professional's profile and priorities:

Case 1: Adriana, 27 years old, no children, with a gross annual salary of €24,000

Allocates €3,630 annually to Ticket Restaurant and €770 towards mobility.
Without flexible remuneration, your income tax would be 13.15% (%), leaving a net take-home pay of 16,443.43 €.
With flexible remuneration, your income tax rate drops to 11.06% (%), giving you a take-home pay of 17,432.37.
Total savings: £988.94 per year, with an increase in purchasing power of 6,01 %, without affecting their social security contribution base.

Case 2: Raúl, aged 36, with two children under 3 years old, and a gross annual salary of €30,000

Allocate €3,630 to Ticket Restaurant, €660 for mobility and €4,400 for nursery.
Without flexible remuneration, your income tax would be 11.76% (%), with a net take-home pay of €17,782.29.
With flexible remuneration, your income tax rate drops to 5.91% (%), giving you a take-home pay of £20,050.03.
Total savings: £2,267.74 a year, with an increase in purchasing power of 12,75 %, without affecting their social security contribution base.

These examples demonstrate how flexible remuneration adapts to each person's needs and priorities, maximising their economic benefits.

A tool to calculate your savings

To help professionals understand how much they can save, at Edenred we've developed a flexible remuneration calculator. This tool allows users to visualise the real impact this solution can have on their personal finances, adapting to each individual's specific needs.