The Impact of the Minimum Interprofessional Wage Increase on Flexible Remuneration

The Impact of the Minimum Interprofessional Wage Increase on Flexible Remuneration

As the Minimum Interprofessional Wage (SMI) in Spain reaches 1,080 euros gross monthly in 14 payments, questions arise regarding its significance and the implications for concepts like Flexible Remuneration for both workers and companies. Let’s shed light on the impact of the new SMI on employees’ paychecks and, consequently, their purchasing power. 1. Minimum Interprofessional […]
Benefits of Flexible Remuneration in the 2022 Income Tax Declaration

Benefits of Flexible Remuneration in the 2022 Income Tax Declaration

On April 6th, the 2022 Income Tax campaign kicks off, providing a perfect opportunity to explore the numerous advantages that Flexible Remuneration can bring to employees’ savings. The surge in the number of companies and employees embracing Flexible Remuneration plans in recent years, particularly in the last few months, is not without reason. Companies have […]
How Flexible Remuneration Works: 7 Keys to Understanding It

How Flexible Remuneration Works: 7 Keys to Understanding It

Flexible Remuneration has a lot to say when it comes to the new expectations of employees in the company’s Employee Experience. In addition to remote work, flexible hours, the work environment… one of the biggest demands from employees is for their company to offer some form of in-kind compensation. And Flexible Remuneration is the bestseller […]
Flexible Remuneration: How to calculate tax savings

Flexible Remuneration: How to calculate tax savings

Flexible Remuneration is one of the most useful mechanisms for reducing the tax burden on both workers and companies. In this way, employees can enjoy a higher net salary each month without a salary increase from the company. But how can you calculate the savings from Flexible Remuneration on your paycheck? It all depends on […]
Flexible Remuneration: Does it Contribute to Social Security?

Flexible Remuneration: Does it Contribute to Social Security?

For an employee, especially someone joining a new company, understanding their actual take-home pay is crucial. When additional forms of compensation, such as Flexible Remuneration, are added to the salary, doubts arise. One of the most common questions is whether Flexible Remuneration contributes to Social Security. Understanding in detail all the factors to consider when […]
Difference between Social Benefits and Flexible Remuneration

Difference between Social Benefits and Flexible Remuneration

In-kind remuneration, alongside monetary compensation and emotional rewards, constitutes one of the three pillars of Total Compensation. In other words, it is one of the various ways in which an employee can be remunerated or compensated for their work in a company. In-kind remuneration can take the form of Social Benefits or Flexible Remuneration (or […]