Labor benefits: the importance of going beyond traditional benefits

Only 20% of workers see only wages as a priority to keep them in the company, according to an Insper survey . 90% say that the expansion of labor benefits is what motivates them to stay in the organization.

Therefore, the advantages offered to employees, which serve as a supplement to their salary, have been making a difference as a strategy for retaining and attracting new talent.

This means that going beyond the benefits provided by the CLT law , is a major market differentiator. Since companies that offer good labor benefits create greater empathy with their employees and make them feel more valued.

But do you know what benefits to offer? In this article we will list some advantages that can serve as a salary supplement for employees. Check out!

What are labor benefits

Benefits labor are advantages that the company provides to its employees as a supplement to his salary. There are mandatory and optional benefits.

A report by the Bureau of Labor Statistics (BLS) concluded that the salary should make up 70% of the employee’s total wages. In other words, the benefits should be taken more seriously by companies to try to reduce absenteeism and maintain engagement.

Mandatory labor benefits

The CLT law provides, within its numerous articles, mandatory labor benefits that must be offered by companies that have formal employees.

So when they sign the contract, they automatically acquire the right to receive such benefits. Among the main ones we can highlight:

 

13th salary

It is provided for in Law No. 4,090   and refers to the additional salary that the employee receives annually.

 

Transportation vouchers

The employer must pay for the employee’s travel to the company, so this benefit is mandatory and is provided for in Law No. 7,418 / 85 .

 

FGTS

Featured in article 2 of Law 8,036 / 1990 , FGTS is an amount that the company deposits monthly, with an 8% discount on the employee’s payment, to protect it in the event of dismissal.

 

Paid vacations

Professionals working under the CLT regime have the right to take a 30-day vacation, which can currently be divided into three periods according to the new reform .

With vacation he receives an advance payment of his salary plus 30%. Paid vacations are within the mandatory labor benefits and are provided for in Article Art. 130 of the CLT law .

 

Night additional

Every worker who works between 10 pm and 5 am has the right to receive 20% more on each hour worked . This labor benefit is mentioned in  article 73 of the CLT .

 

Unemployment insurance

It is one of the labor benefits that does not include all workers, since the professional will only benefit from it in the event of dismissal without cause . It is described in Law No. 7,998 .

Extra and optional benefits

In addition to the mandatory benefits, many companies have an extra labor benefits package.

The main objective of these optional labor benefits is to motivate and mainly keep employees happy and engaged with the organization’s objectives. This increase in the employees’ income serves to value them.

Below we list some of the main benefits that can serve as a talent retention and attraction tool.

  • agreements with gyms;
  • health insurance;
  • services aimed at the employee’s well-being;
  • agreements with gyms;
  • salary advance;
  • culture voucher;
  • mentoring programs.

 

Agreements with gyms

Physical exercise positively impacts creativity, memory and concentration, according to a study by The Guardian . For this reason, keeping the well-being of employees high can make them more productive.

Thus, many companies choose, within this package of labor benefits, the gym voucher. In addition to being an incentive to keep your health up to date, you can have employees with a greater disposition.

 

Health insurance

74.6% of people place health insurance as a determining benefit for motivation in the workplace, according to data from Catho . Therefore, a good agreement can be a great option within the labor benefits package.

The health plan works as a kind of support for the employee’s well-being . If the company offers this type of benefit, the tendency is for him to feel supported, along with his family, if he has any health problems.

Especially because in the country few people have an agreement, so this benefit has become a luxury for those who have it.

A survey by the Credit Protection Service (SPC Brazil) with the National Confederation of Shopkeepers (CNDL) showed that almost 70% of Brazilians do not have health insurance. Thus, it can be an excellent attraction to retain talent.

 

Services focused on employee well-being

Labor benefits can go beyond high investments. The company can also think of small actions that change the routine of employees and make them happier.

And in order to maintain well-being the company can offer periodic Quick Massage and workplace gymnastics . With them it is possible to decrease the level of stress and even reduce pain in muscles and joints.

These labor benefits reduce the rate of absenteeism and prevent the employee from illnesses caused by repetitive activities.

 

Salary advance

Who never arrived in the last week of the month and looked at their own account and didn’t have a cent? Many go through this every month. So, to solve this problem, many companies include the wage advance in their benefits package.

With this fragmented salary, employees have the possibility to better control their accounts, avoiding, for example, a financial crisis. Featured in the market, Xerpay , also follows a very interesting idea.

In it, the company offers employees, through a management platform, the possibility of requesting part of their salary at any time, according to the hours worked.

This relieves financial stress, which is a major generator of poor performance and lack of productivity.

 

Culture voucher

The diverse forms of culture and entertainment, such as reading, cinema, theater, among others, can be a differential to enhance the skills of employees.

Therefore, the culture voucher can be seen not only as one of the good labor benefits, but as one of the factors that can influence the employees’ personal and professional growth.

In addition, it is an incentive for them to have fun outside the work environment and have more courage to perform tasks during office hours.

Especially because receiving this type of benefit, the company demonstrates a concern for its well-being that goes beyond the professional barrier.

 

Mentoring programs

Career growth and development is the desire of all professionals and one of the most current and effective labor benefits comes through mentoring programs .

In it, a more experienced professional devotes part of his time to share his personal and professional experiences to help young people.

As a result, it helps them develop new skills, helping them to identify strengths and what they need to improve.

With this type of benefit, the company is able to identify new talents, strengthen the relationship between the leader and the teams and improve the organizational climate .

Also because the manager / mentor leaves the door open to his apprentices so that there is an exchange of experience on both sides.

Labor benefits: synonymous with motivation and engagement

It is essential when setting up a labor benefits plan to take into account the needs and desires of employees. For this it is possible to apply surveys with a list of benefits options that your company is able to offer.

Currently, optional labor benefits are a great differentiator for those who want to stand out and build a good name in the market. Through them, the company creates good conditions even to attract and retain its talents.

Any salary supplement, which goes beyond mandatory labor benefits, can be a tool to motivate, stimulate and engage employees in the organization.

 

by Abdullah Sam
I’m a teacher, researcher and writer. I write about study subjects to improve the learning of college and university students. I write top Quality study notes Mostly, Tech, Games, Education, And Solutions/Tips and Tricks. I am a person who helps students to acquire knowledge, competence or virtue.

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