Emotional Salary

25/11/21 

Emotional salary is a term widely used in the areas of human resources, and companies that practice it show that they are able to retain the best talent. For the working population, the emotional salary is conceived as all the non-economic remuneration that a worker gets in his work.

Productivity is not something that is based exclusively on the hours that an employee dedicates to the company, but on the motivation that the worker has to perform his work.

The emotional factors that condition work are increasingly decisive, especially in times of pandemic, where the feeling of "living to work" is predominant.

Some companies use it to attract talent or gain the loyalty of their workers. However, a high emotional salary can never compensate for a low economic salary. The emotional salary has great advantages, among which stand out:

  • Conciliation
  • Psychological well-being
  • Opportunities for career advancement

Some examples of emotional salary are:

  • Internal recognition and promotion. A stable future and a defined career plan within the company, with the opportunity to occupy other more relevant positions with new responsibilities.
  • Flex. A schedule that does not mark the hours of departure or entry of the worker. The person can decide at what time to start the working day, as long as the final calculation of hours worked is the one stipulated by his contract. Here, the really important thing is to do our job without having to spend eight hours in an office. The lack of excuses, sick leave and last-minute leave will no longer be a daily bread in companies and employees will live with less stress.
  • Telecommuting. Highly valued by the new generations of workers, promoting the use of computer tools and that allows reconciling work and family life.
  • Training plans, aids in the development of the professional career to train its employees for the development of the same. They help them financially in the payment of some training or facilitate you to attend those trainings. This is one of the most important aspects, especially for young people who are increasingly restless, seek to learn day by day, have time to study and grow academically; this is a possibility that those who telework can take advantage of more because they are saving the time and money of displacements to invest them in postgraduate degrees and courses.
  • Nursery for young children in the same workplace, or during holidays.
  • Social benefits; insurance, retirement plans, aid for the education of children, payment of transport and food costs.
  • Good working environment. In the development of a good company culture without conflicts, in which everyone knows what their responsibilities are, it is an important point when it comes to retaining talent. No one wants to work in a hostile environment where the team doesn't share opinions or suggestions.

This remuneration mechanism, which translates directly into motivation, loyalty and commitment, and gives the company significant benefits by reducing turnover and improving the involvement of its employees, can be an important aid to reduce absenteeism.

There is nothing more unproductive than an unhappy employee.

Because having competent, trained and happy professionals is essential to achieve business success.

 

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Emotional Salary

25/11/21  El salario emocional es un término muy utilizado en las áreas de recursos humanos, y las empresas que lo practican demuestran que son capaces

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