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, Secure monetary benefits: Improve your salary tax-free: This is how it works | news, Forex-News, Forex-News
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Secure monetary benefits: Improve your salary tax-free: This is how it works | news

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, Secure monetary benefits: Improve your salary tax-free: This is how it works | news, Forex-News, Forex-News

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, Secure monetary benefits: Improve your salary tax-free: This is how it works | news, Forex-News, Forex-News

A raise is not always the best solution

Small increases in salary, in particular, usually don’t pay off. The problem: “If a company offers an employee a 100-euro increase in salary, then the employer has to pay 120 euros and the employee only receives 50 euros,” explains Dennis Meurer from Investwerk to the portal cio.de. The remaining 70 euros went to the state. For this reason, an increased gross wage is not necessarily the best thing that can happen to an employee.

This is how a company can support its employees

However, there are also alternatives that pay off for both sides. As a rule, no or only a few taxes are levied on other material or immaterial services. There are few limits to the imagination of companies and employees.

In addition to various benefits in kind such as company cars, vouchers or communication devices, immaterial services such as staff discounts, employee loans or travel expenses can also be negotiated. Offers in the areas of health and family are particularly popular. Possible measures are, for example, supplementary health insurance, support for old-age provision or kindergarten grants.

Another advantage: Such benefits can secure employee loyalty in the company and strengthen one’s own position in the competition for skilled workers.

Google is setting a good example

A very well-known example of this is Google. In addition to various financial incentives, the internet giant provides its employees with doctors, fitness centers, laundromats, a car wash service, a library or a masseur. A day-care center is also available for families. The extraordinary success of Google shows how good cooperation between employees and companies can work.

However, there are also limits

For example, a company can give an employee a maximum of 528 euros per year in the form of tax-free vouchers. “We recommend working with a professional service provider,” says Markus Baier, auditor, tax advisor and partner at Ehrl Helmensdorfer Baier EHB in an article by Edenred. In this way, possible risks of additional payments could be avoided.

Finanzen.net editorial team

Image sources: el lobo / Shutterstock.com

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, Secure monetary benefits: Improve your salary tax-free: This is how it works | news, Forex-News, Forex-News

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, Secure monetary benefits: Improve your salary tax-free: This is how it works | news, Forex-News, Forex-News

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