Compensation

We usually live more focused on the present than on any other time, which sometimes conditions our ability to anticipate and prepare for future situations that may be unexpected. However, and taking into account the current rise in inflation and the possible reduction in pension amounts, guaranteeing a nest egg to face unpredictable situations can be the guarantee for a more comfortable life in the future. “It's imperative”, considers Rita Pimentel, an expert at Montepio. “People are aware of the enormous crisis we are going through and the difficulties that await us”, she explains. These uncertainties are, in turn, reflected in younger generations' preoccupation with early retirement planning. According to the official, the main advantage of planning a supplementary pension is the possibility of equating the various less favorable scenarios that, in terms of income, can happen at a more vulnerable stage of life. “By acting to prevent the future, we will be better able to deal with the possible drop in income that may happen when we retire”, believes Rita Pimentel.

For a long time, companies saw their employees as a mere resource in the organisation. This meant Human Resources (HR) acted as a department whose functions should include adding value to the organisation's financial, intellectual and economic capital. In other words, as an interface between capital and work, two fields that are often opposite.

Six out of 10 employees in Portugal have flexible benefits. Flexibility in pay increases with flexibility at work. And it has never been so discussed as it is now, inside and outside companies.‍

Knowing how to calculate your salary is essential for you to receive a fair and appropriate compensation for the role in question and to know how much you will actually get. In addition, it is also very useful for you to be able to discuss your salary and come out winning.

In recent months, a lot has been said about the phenomenon "The Great Resignation" and the way in which companies anticipate the growing need to increasingly meet the real - and personal - needs of their employees. But what is this phenomenon all about?

You don't quite understand the amount of Personal Income Tax (PIT) you need to pay in Portugal? Have you received a job offer and would like to understand your net salary better? ‍To begin with, it is important to understand that the PIT is the Personal Income Tax, which means that there is a tax applied to the income of every citizen, except in some very specific cases foreseen by the law. Thus, there is a rate, that varies according to some factors, that will be applied to your income (monthly wage and other ad-ons) and that you will need to pay to the government. Currently, many companies also offer flexible benefits, a way to complement fixed salaries, boosting employee income and saving the company money.

A study carried out by Coverflex, and with the support of APG, collected responses from 814 participants over three weeks. The hybrid setup is the most common work logic among respondents across the country and 60% of workers would like to try the four-day workweek logic.

The pandemic kept us all at home. And, when we say “all of us”, we mean “all of us”: children included! However, Covid-19 did not prevent parents from working as much (or even more) nor did it require them to be less productive. And it was far from facilitating the act of taking care of a child - quite the opposite, actually. If a one-year-old child needs constant surveillance, what about a 10-year-old child, with the demands of the virtual school?