Related terms
Salary benefit definition
The salary advantage can make a difference when recruiting new employees. But what is it? What is in it for the employer and the employee?
What is a salary advantage?
Wage benefits, depending on their nature, represent a kind of salary supplement for employees. The government imposes certain salary benefits on companies, which have the choice of offering more to their employees. The employer or the works council is responsible for the implementation and payment of these benefits.
The purpose of the salary advantage is:
- improve the quality of life at work for employees;
- to boost their motivation and productivity;
- attract and retain new talent;
- to benefit from fiscal interests.
What are the different types of employee benefits?
Benefits in kind
- Company car
- Communication tools (business phone, computer...)
- Housing
- Meal baskets and / or luncheon vouchers
- Gift and / or vacation vouchers
- Social and cultural activities
- Child care...
Monetary benefits
- Exceptional bonuses
- Company savings plans
- Additional paid leave...
Salary benefits related to new work methods
Among the salary benefits resulting from the new working methods, there are telecommuting and office tickets.
For telecommuting to be considered a benefit, employees must receive:
- adapted equipment (double screen, ergonomic chair...);
- a part of the electricity bills or the internet subscription is covered by a lump sum;
- more flexible working hours;
- the choice of their work location (provided the employer is notified of the change in telework location).
Office tickets are credits allocated to the employee to reserve an external work place such as a coworking space or a meeting room in a hotel.
Salary is no longer the only priority for employees. Quality of life at work and professional well-being are now strong expectations. The salary benefit, whatever its nature, allows a company to respond to new needs and make a difference.
