Benefits

Companies are increasingly looking at the needs and desires of their people, in order to help them not only during working hours, but throughout their lives, understanding that employees go through different stages throughout their lives, thus their priorities will also change. When the topic is parenting, the measures and benefits that organisations offer have multiplied.

When it comes to flexible compensation, benefits can be almost as many as you can imagine. In addition to the most common ones, such as health insurance, there are others that can prove to be quite useful and interesting. Referral bonuses, vouchers for training, day care, access to a gym or other services, and even unlimited vacation days are just some of the benefits that have been announced by companies lately. And they never cease to amaze us.

You got a job offer where benefits in addition to the base salary are contemplated but don't know if they are tax free? Do you have questions about whether a certain benefit is subject to Personal Income Tax or Social Security discounts? This article may be helpful for you!

In 2022, flexible benefits are an asset for companies to hire and retain top employees. After all, attracting and retaining talent is not an easy task these days.

Meal allowance, extra time for parental leave, having the day off on your birthday or even some flexibility in working hours. These are the most common benefits that companies have in their portfolio, but there are those who go further and build a completely different benefit plan. Original, personalised, unusual and sometimes even bizarre. All of it with one goal: to captivate potential employees, retain current ones and make them remember the company.

Size, diversity and sector are some of the characteristics to take into account when defining the offer of flexible benefits in your company.

If there were doubts that we are witnessing a revolution at work - and in life in general -, also materialised in the way companies pay their employees, all of them disappeared in yet another ReFLEXions by Coverflex. In “Benefits Revolution: how much is flexible compensation worth in attracting and retaining talent?”, Eduardo Andrade, João Chainho and Pedro Albuquerque shared experiences and knowledge about what they have seen, over the years, in the national technological market, and in particular in the way talent behaves during recruitment and in companies' day-to-day.

Companies seem to be more and more aware of the importance of fostering the satisfaction of their employees - both the present ones and the potentially future ones - in the entity where they dedicate their efforts and productivity. It is a vicious circle in which both parties win: the company, because it sees its numbers increasing, and the employee, because they feel valued and rewarded for being part of this process. Appreciation and reward are, in fact, the watchwords here - and they have a lot to do with flexible compensation.