How to improve the salary of workers without spending more
In the field of SMEs and small businesses, many times the organization wants to improve the salary of some of its employees, although economically it can not. In order to incentivize a worker to remain in the company, flexible compensation programs can be used, allowing an increase in the net salary of the workers without increasing the cost of personnel of the company. This is possible by paying the usual expenses of the worker through the payroll, allowing the paid party to be exempt from paying personal income tax and, therefore, the net salary is higher. If you want to know how to improve the salary of workers without spending more, we'll explain it to you below.
The preferred way to do this is daycare checks, as it is a great savings for workers and an improvement in the reconciliation of personal and work life. Instead of offering daycare at the company itself, an agreement can be reached with a nursery near the office to offer a more affordable service paid for by the company in exchange for a reduction in the worker's gross salary.
Through the hiring of a health insurance for the worker, you will achieve that your spouse and children are not subject to taxation, allowing considerable savings. Although there is a limit of € 500 per year for each insured person. Leaving the payroll also allows a saving in Personal Income Tax on the part of the employee.
The vouchers for restaurants are one of the most used options, since it covers the food of the worker and serve for specific establishments. The limit is at € 9 per day and there are also those valid for supermarkets.
With a limit of € 1, 500 per year, the company can compensate the worker by means of public transport payments, also facilitating the movement of the employee to the company.
There is also the possibility of using the company car for private use, since when considering a remuneration in kind it is calculated by applying 20% per year of the market value of the vehicle.
If the training is related to the activity of the company, the courses are fiscally external and can result in significant savings in the case of university fees or master's degrees, since the amount is quite high.
If the worker needs computers, tablets or mobile phones with Internet access, they can be purchased through the company, even for personal use, and, when paid through the payroll, must be added to the saving of VAT and savings of the IRPF of the worker.