The flexible compensation In general terms, it is a great benefit for employed workers, in terms of expenses related to meals, commuting to work through public transport or mileage, and the use of daycare for their children.
However, with the self employed the situation is different. The self-employed can use restaurant checks, day care tickets or transport tickets at the same level as any employee. But this completely lose deductibility that enjoyed by workers employed by others. In this sense, we can ensure that the taxation of flexible remuneration for a self-employed person is comparable to that of subsistence expenses in this group.
This means that in the case of restaurant checks and always according to the interpretative criteria, depending on the person who applies them, many self-employed people will be able to introduce them as allowances, especially if they have to travel outside their place of residence for work reasons. Something similar could happen with displacement, although the situation is much more complicated in the case of nursery vouchers.
Advantages as employers
But, without a doubt, the main advantage that the self-employed obtain with flexible remuneration occurs when they exercise their status as employers. In this way, they will be able increase the salary of their workers, without this entailing a greater expense. Likewise, this circumstance will increase the satisfaction of the employees with the company, but also their identification with the organization, which can have an impact on an improvement in the results of their business.
At this point, the self-employed will expand their negotiating capacity with each worker and will improve their brand image, according to Sodexo. This is a very important element when it comes to attracting and retaining talent: transmitting to the employee the company’s interest in them, so that they feel more valued, thus increasing their loyalty, commitment and productivity and improving their well-being and quality of life. .
