27 March 2024

What are the benefits of the Ticket Restaurant?

restaurant card

More and more people are companies that use the restaurant card as a social benefit for their employees. Without its own canteen and with the loss of time spent travelling home for lunch, this option has become an advantageous tool for both workers and companies. 

Use the restaurant card offers a number of benefits that go beyond simply facilitating the payment of meals.. In addition to the convenience and flexibility it offers users in enjoying dining experiences, it also brings significant advantages.  

The tax advantages of restaurant tickets allow employers and employees to optimise their financial resources, while promoting productivity and well-being at work. 

Table of contents

What is a restaurant card?

La restaurant card is intended to cover all or part of the cost of meals for a company's employees during working hours. It is a social benefit which allows companies to facilitate convenient and easy-to-use support for paying employees' meals, thereby improving their purchasing power.

As he explains Edenred, a world leader in transactional solutions with over 40 years of experience and a presence in 42 countries, the Ticket Restaurant card is a A replacement for diets and reimbursements that allows employees to easily, securely, and quickly pay for meals, either partially or fully, covered by the company.

Here are the advantages of Ticket Restaurant: * **Employee Benefit:** It's a non-monetary benefit that employees appreciate, helping to improve their purchasing power for meals. * **Tax Advantages:** For both employees and employers, there are often tax benefits associated with meal vouchers. * **Employee Satisfaction and Retention:** A perk like Ticket Restaurant can boost employee morale and loyalty, contributing to higher job satisfaction and reducing staff turnover. * **Reduced Administrative Burden for Employers:** Compared to managing direct meal allowances or canteens, meal vouchers can simplify payroll and HR processes. * **Flexibility for Employees:** Employees can use Ticket Restaurant vouchers at a wide range of participating restaurants, cafés, and supermarkets, offering them choice and convenience. * **Promotes Healthy Eating:** The vouchers are typically for food purchases, which can encourage employees to eat better, especially if they are spending their own money. * **Support for Local Businesses:** By using Ticket Restaurant vouchers at various eateries, employees support small and medium-sized businesses in their local communities. * **Easy to Distribute:** The vouchers are generally simple for employers to purchase and distribute to their staff.

One of the most positive aspects of Ticket Restaurant is that it is based on a Win-Win strategy in which everyone involved benefits. Let's take a look at the advantages of the restaurant card for companies, for employees and even for the restaurants themselves.

Here are the advantages of Ticket Restaurant for businesses: * **Employee Attraction and Retention:** Offering Ticket Restaurant can be a highly valued benefit, helping you attract new talent and keep your existing employees happy and loyal. * **Improved Employee Morale and Productivity:** A well-fed workforce is a happy and productive workforce. This benefit shows you care about your employees' well-being and can boost their overall morale. * **Tax and Social Security Savings:** In many countries, there are tax and social security advantages for employers who provide meal vouchers. This can lead to significant cost savings for your business. * **Simplified Administration:** Ticket Restaurant often simplifies the process of providing meal benefits. We handle the distribution and management of the vouchers, freeing up your HR or payroll department. * **Network of Participating Businesses:** Employees have access to a wide network of restaurants, cafes, and supermarkets where they can use their Ticket Restaurant vouchers, offering them flexibility and choice. * **Cost Control:** You can set a specific budget for meal benefits, providing a clear and controlled way to offer this perk to your staff. * **Positive Company Image:** Offering such a benefit enhances your company's image as a caring and supportive employer.

For companies, the meal voucher provides the following advantages: 

  • As it is a social benefit and not be considered salary, the aid offered through the restaurant card is exempt from income tax and National Insurance contributions, which represents a saving for the company. 
  • amounts, moreover, are Deductibles in the calculation of the Corporation Tax taxable bases, increasing the tax benefits for the company.
  • It allows the card customisation, selecting who, when, and how it can be used.
  • Each card is associated with an employee. This way, for example, it's prevented that the aid is used by other people or outside of working hours. 
  • It incorporates a sSecure payment system and blocking In case of theft or loss, preventing its misuse. 
  • The cards can be recharged remotely and at any time through functional management software, saving on restaurant ticket delivery times.
  • Facilitate and optimise accounting tasks, offering a single, digitised invoice, without having to collect and sort the traditional paper receipts issued by restaurants. 
  • Finally, another of the advantages offered by Ticket Restaurant is that it can be contracted easily and quickly, as this can be done directly online.

Los beneficios de Ticket Restaurant para los empleados son: * **Mayor poder adquisitivo:** Al recibir Ticket Restaurant, los empleados tienen una suma adicional de dinero específicamente destinada a la compra de alimentos, lo que aumenta su presupuesto para la comida. * **Comida más asequible:** Pueden utilizar los Ticket Restaurant en una amplia red de restaurantes, supermercados, panaderías y tiendas de comida rápida, lo que les permite acceder a comidas o productos alimenticios a precios más ventajosos o con la misma cantidad de dinero poder comprar más. * **Flexibilidad y elección:** Los empleados tienen la libertad de elegir dónde y qué comer, adaptándose a sus gustos, necesidades dietéticas y horarios. Pueden optar por comer fuera, comprar comida para llevar o adquirir productos para cocinar en casa. * **Ahorro de dinero:** Al destinar estos tickets a la alimentación, los empleados pueden ahorrar en otros gastos personales, ya que una parte de su presupuesto habitual de comida ya está cubierta. * **Mejora del bienestar y moral:** Sentir que la empresa se preocupa por su bienestar a través de beneficios como Ticket Restaurant puede mejorar la satisfacción laboral, la moral y la lealtad del empleado. * **Beneficios fiscales (dependiendo de la legislación local):** En algunos países, los Ticket Restaurant pueden tener beneficios fiscales tanto para el empleado como para la empresa, lo que podría significar una carga fiscal menor para el trabajador. * **Salud y nutrición:** Al facilitar el acceso a comidas, se puede fomentar una alimentación más regular y, potencialmente, más saludable, en comparación con saltarse comidas o recurrir a opciones menos nutritivas por falta de tiempo o recursos.

For their part, employees benefit from the following aspects when they have their restaurant card:

  • By receiving this assistance to finance their meals, they get a increased purchasing power and therefore feel more motivated at work.
  • Multiple format options: Ticket Restaurant can be obtained in the form of restaurant cards or paid for directly with your mobile phone (Google Pay, Apple Pay, and Samsung Pay).
  • Since it is not chargeable to personal income tax, your income is not affected for their use: they constitute a 100% expense deductible for corporate income tax purposes.
  • They provide the comfort to have an instrument with which to pay for meals, without the need to carry cash.
  • Avoid losses from the classic establishment tickets, with each payment being saved in the restaurant card software.
  • You can consult your movements through an application.
  • They have at their disposal over a thousand partner restaurants.
  • If they are working remotely, you can also use the Edenred Ticket Restaurant card to order food online.

What are the advantages of Ticket Restaurant for hospitality businesses?

Likewise, catering businesses that accept the restaurant card additional turnover and a quick and easy payment method.

How does the meal voucher card work?

The procedure for implementing the flexible remuneration system in the organisation is straightforward. The company in question contracts with the supplier for the service and it issues a card for each employee based on the parametersThe company's own rules and regulations.

Once in their possession, workers activate the card and You can now use plastic support to pay for your meals, up to a maximum of 11 euros. per day in any of the restaurants and associated establishments.

Find out more about Ticket Restaurant is a meal voucher scheme. in our dedicated article!

Edenred Spain