OPTIMISE YOUR EMPLOYEES' SALARIES WITH Up RETRIPLUS

Motivate your team and increase their net salary without increasing your costs with thePersonalised flexible benefits planGermanUp retriplus.

Què és la Flexible remuneration?

It's not about paying more, it's about paying better.

Flexible remuneration is a type of payment that allows your employees, voluntarily, set aside up to 30% of their gross salary to the consumption of different products and services such as food, childcare or transport.

More pay, same costs

Your team will be able to benefit from atax exemption for productswhich you request, as, being paid directly from your gross salary, you achieve increase net disposable salary without increasing your company's wage costs  

Good for the employee, good for the company

Flexible remuneration allows you to increase your staff's purchasing power without increasing salary costs, and helps your company to improve motivationof your employees,attract and retain talent and enhance your ‘employer branding’.  

It's not about paying more, it's about paying better.

More pay, same costs

Good for the employee, good for the company

Would you be interested?

A SOLUTION WITH Everyone wins

Discover all the advantages that the Flexible remuneration it has for your employees and for your company.

More reward without higher costs

Increase your employees' purchasing power and raise their net salary without increasing your payroll costs.

Attract and retain talent

Nurture talent, strengthen your value proposition, and differentiate yourself from your competitors.

Boost motivation

Increase your employees' satisfaction and engagement.

100% flexible, 100% customisable

Choose the services that best suit your team's needs in a single flexible benefits plan.

Simple and digital management

Join a modern, flexible and fully online compensation and benefits scheme.

DISCOVER MORE ADVANTAGES

LOOK AFTER YOUR TEAM'S FINANCIAL WELL-BEING AND START SAVING

All the benefits in one FLEXIBLE REMUNERATION PLAN

Create the benefits plan that best suits your organisation and boost your team's motivation.

Boost savings with every meal and Improve your team's well-being with the benefit most valued by employees.

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Makes your staff's commutes easier, improves their purchasing power, and contributes to a more sustainable mobility.

Find out how it works

Look after the family's well-being. of your employees with children in the first cycle of early childhood education and help them save.

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Health insurance

Protect your team's health with a Bespoke cover for your employees and their families.

Check options

Training

Boost your employees' talent by helping them save on the career development.

Speak with our team

Social Security Schemes

Offer Financial security your employees and their families in the event of various contingencies such as retirement, disability or death.

Request information

Physical wellbeing

Boost the physical health from your team with advantageous prices on services like physiotherapist or gym.

Know the service

ATTRACT AND RETAIN TALENT IN YOUR COMPANY WITH FLEXIBLE REMUNERATION

Discover a platform designed to make your life easier and offer the best experience for your employees.

Simple, intuitive and 100% digital

Access from any device a digital platform, agile and intuitive with which to configure and manage the plan Flexible remuneration which best suits your company and its employees.

Configure the perfect benefits plan

Carry out simulations in the Remuneration plans, choose the products that best suit each employee's needs and analyse in real time the savings you can achieve.

Save time and processes

Manage all the data and documentation required for product onboarding and enable administrative departments to automate and manage requests and the generated information.

All information in real time

Consult all updated data and generate detailed reports, facilitating strategic decision-making and the accurate and transparent tracking of results.

Flexible and customisable

A solution that adapts to any company size, with a scalable model that facilitates service evolution, and the ability to customise the platform with your company's branding.

Ongoing support

Our team of experts will support you through every stage of the process: from initial implementation to resolving any questions or issues with the platform.

THIS IS HOW PAYROLL CHANGES WITH THE Flexible remuneration

We'll give you an example of how flexible remuneration allows you to increase your employees' purchasing power without affecting your wage costs.

Imagine a person has a Gross annual salary of €45,000 and decided to optimise his salary and allocate 5,620€ of their gross remuneration for various benefits How to cHeque gourmet®, Up transport o Nursery school through Flexible Benefits.

The result? This person enjoys the same services while paying less tax and will save almost €1,900 more per year. A simple way to improve your team's purchasing power, without increasing your salary costs!

Use our Flexible Remuneration simulator

Since

After paying taxes and Social Security, that person would have around €33,000 left, and if they spent that €5,620 on food, transport or childcare, Your actual available funds would be €27,516.

CON

That same €5,620 is deducted directly from your gross salary. As this amount falls within the legal limits and represents less than 30% of your salary, it is exempt from income tax.

We are here to help you.

We know that every company has its own challenges and that it's not always easy to find the right solution. Leave us your details and we'll help you find the one that best fits your team and your reality.

BASIC INFORMATION ON DATA PROTECTION
ManagerChèque Déjeuner España S.A.U. DPD CONTACT DETAILS: [email protected] PurposeManagement of the provision of services to employees. LEGITIMATIONContract execution. Consent of the data subject. Legal compliance. Entity's legitimate interest. RecipientsCard production company. Public administrations. IT maintenance supplier. All of them in the EU. RIGHTSaccess, rectification, erasure, restriction, objection, and portability. OriginSome of your information will be supplied by your company. Further information.

FREQUENTLY ASKED QUESTIONS ABOUT Up RETRIPLUS

How does flexible remuneration differ from employee benefits?

Often these terms cause confusion. Basically, they are two different ways of implementing benefits (e.g. meal vouchers). With social benefits, the company covers the full or partial cost of services offered to its employees as an addition to their salary. In flexible compensation, it is the employee who decides to use part of their salary to pay for services included in their plan, meaning they will be cheaper than if they paid for them directly out of their own pocket.

How does flexible remuneration get taxed?

Good question! The amounts allocated to products and services included in the flexible remuneration scheme are exempt from income tax, provided they do not exceed 30% of the gross annual salary. It’s an excellent way to boost employees’ purchasing power without increasing their gross salary! Furthermore, flexible remuneration does not affect employees’ social security contributions. The employee retains all their Social Security rights and benefits as their contribution base remains unchanged.

Is there a maximum percentage for flexible remuneration?

Yes, there is a limit. Currently in our country, flexible remuneration cannot exceed 30% of an employee’s gross salary. See the legislation here:
               – Income Tax Law 35/2006
               – Royal Decree 439/2007(New Personal Income Tax Regulation)
               – Extension of Law 16/2012 of 27 December

The advantages of flexible remuneration for companies include: * **Improved employee attraction and retention:** Offering a flexible benefits package can make a company stand out to potential employees and encourage current staff to remain loyal. * **Increased employee engagement and motivation:** When employees can tailor their benefits to their individual needs and preferences, they are more likely to feel valued and motivated in their roles. * **Enhanced employer brand:** A company that offers flexible remuneration is often perceived as progressive and employee-centric, which can boost its reputation. * **Cost-effectiveness:** Flexible benefits can sometimes be more cost-effective for businesses than traditional, one-size-fits-all benefit schemes, as employees can choose options that best suit them and the company can potentially negotiate better rates for chosen benefits. * **Tax advantages:** Depending on the specific benefits offered, there can be tax advantages for both the employee and the employer. * **Adaptability to diverse workforces:** Flexible remuneration allows companies to cater to the varied needs of a diverse workforce, including different age groups, family situations, and personal priorities. * **Potential for increased productivity:** Employees who feel their needs are met through flexible benefits may experience less stress and higher job satisfaction, which can positively impact productivity.

Offering flexible remuneration plans has many advantages for companies! First and foremost, flexible remuneration allows companies to improve their employees' net pay without increasing their salary costs. Everyone wins! Furthermore, flexible remuneration plans, and the savings they represent for employees, help companies attract and retain talent, increase staff motivation, and improve their competitive standing as an employer.

What advantages does flexible remuneration have for employees?

Flexible remuneration schemes also offer many advantages for employees. Starting with the fact that they allow them to increase their net salary thanks to tax savings on services such as food, childcare or transport. Furthermore, the flexibility to choose benefits according to each individual's needs also contributes to improved team satisfaction and well-being.

Who can benefit from flexible remuneration?

Any employee, regardless of their age or salary bracket, can benefit from flexible remuneration schemes, provided the company they work for offers this option. It is down to companies to decide whether to offer flexible remuneration schemes to their employees.

Is it necessary to sign an agreement between the company and the employee to benefit from flexible remuneration?

Yes, it is necessary to formalise an agreement between the company and the employee to implement a flexible remuneration plan that allows for the associated tax advantages to be taken. Furthermore, as this is an Agreement to Amend Conditions, which would be attached to the employment contract, signing it can be considered compulsory. Additionally, this agreement ensures the system is transparent and secure for both the employee and the company.

Which services can I enjoy through Up retriplus?

You're in luck! With Up retriplus, our platform for managing and engaging with remuneration plans, you can include all types of services in your flexible remuneration plan, starting with popular ones such as meals (cheque gourmet®), the transport (Up transport) or the nursery (Early years education). But that's not all, you can also include many other services with tax advantages for your employees such as health insurance, training, vehicle leasing or savings plans. Furthermore, through Up retriplus You can also offer other services with advantageous prices of your choice, such as, for example, a gym or a physiotherapist.

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