I would share this information with you that might be of use at some point. Due to the current global crisis many companies have begun with strategies to help deal with the situation, among one of them: The flexible remuneration, which are of great contribution and solution because both employers lowes hagerstown md and employees gain.
Employees end up having a greater than he could have achieved a classic rise, and the company manages to be attractive and keep their people. Flexible Remuneration receive wage increases achieved without involving huge expenditure as one does traditional money increases.
A flexible remuneration to exchange money for goods or services offered by the company for our use. It is obvious that larger firms are SMEs provided by either the product or the services performed that contract and expand to others. The idea is that the employee can purchase services or products out will cost them more expensive, and that the company will save tax issues involving an employee's salary once increased. Yet we are not big companies can buy certain services by the number of participants usually mean direct discounts or rebates to third parties, among them are: medical services, child care, training, food stamps or transportation, etc.. For companies with a certain volume, the services they hire have options to cover third party (examples: insurance, leasing, etc.), and enjoy a lower cost by implementing substantial discounts arising from the application of economies of scale.
The advantages for the employee lowes hagerstown md is that really manage lowes hagerstown md to perceive a greater increase than would be possible in the traditional way because lowes hagerstown md services cost less, and the tax aspects that the company does not pay.
Imagine a medical services company rather than investing your entire budget on a pay rise, offering their services to the families of their employees with lower cost, win-win both did I not.
The flexible term refers more or less to each employee can choose the type of payment that suits your needs, for example, perhaps a person more important to health insurance and other produce lowes hagerstown md products, of course this applies when we talk large companies whose products or services are applicable to the same employees as compensation.
Other advantages proven long term is that people are fond of this strategy, and it's for a simple lowes hagerstown md reason, basic needs are covered and which ironically is rarely the case when they have the money in hand, medium-security term provides comfort.
Currently the pioneers in this type of retribution see it as a competitive advantage to attract and keep employees because it generates loyalty by the employee lowes hagerstown md and greater commitment to the company.
In conclusion then, it sit and think with the leaders of your organization, lowes hagerstown md what services and products that the same company produces or contracts may be of interest to employees, we may not cover them all in this type of flexible remuneration if not many options we have, maybe not everyone is interested, but for those interest-option will achieve the mutual benefit. lowes hagerstown md
If your business is supply or sale of food (or contracts for your business services), provide "vouchers" lowes hagerstown md that can be redeemed. For some employees in food subsidies are very beneficial will, spend less your salary and the company he works out cheaper than making a super salary increase.
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Article by Eduardo Gómez A (Director and trainer) My passion and peak experience managing motivation is through positive organizational psychology, even old mistakes companies and disagree what science currently known about motivation and human behavior. I led and energized working groups with and without financial resources, my studies in psychology always focused lowes hagerstown md on organizational lowes hagerstown md motivation and development of virtues in people. Trainings and workshops available in COSTA RICA. Eduardo Gómez A (Director lowes hagerstown md and trainer) tagged this post with: Culture and organizational climate, job Incentives, Recognition Read 61 articles by Eduardo Gómez A (Director and trainer)
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