Emotional salary as a way to attract and retain talent
In principle! emotional salary should not have major drawbacks for the worker or the company! although we can observe some if we scratch the surface of the concept:
Clash with entrepreneurial spirit : In many companies! many bosses believe that the salary given to the employee is sufficient remuneration! so trying to introduce this emotional salary is complicated and clashes with business philosophy.
Principle of equity : Controlling the emotional salary that an employee will receive is another issue that can cause headaches for the human resources department! therefore! it will be necessary to control the benefits that each employee is enjoying! because if they are granted randomly! they can cause discomfort in other employees.
Emotional salary has costs : This type of salary has costs associated with its implication! therefore! there may be reluctance to incorporate it in some companies! which is why it is necessary to focus on the benefits for the organization.
What are examples of
Some examples of emotional salary that can be implemented in companies are the following:
1/ Continuing education : dedicate a oman phone number library few hours per week of the workday to further training and updating the employee’s knowledge! with the possibility of obtaining certificates that can be paid for in whole or in part by the corporation.
2/ Flexibility in the working day : Another of the desires of many employees can be a highly valued emotional salary that can help workers be more motivated in their daily work! allowing them to better balance their family and work life.
3/ Teleworking: another typical michael mcclaflin example of emotional salary! and one of the most in-demand in many companies! which would alleviate some of the daily transportation problems in many cities. This option allows workers to work from home! without having to commute to the office.
4/Social improvements or benefits: There are many types! such as a dining room or cafeteria! insurance! retirement plans! help with your children’s studies! etc.
5/Volunteer activities : Another activity that can benefit from emotional salary is volunteering
Sports activities outside of work hours
To encourage the creation of successful work groups and the development of friendships among employees! engaging in activities outside of work hours! such as sports! is very beneficial.
7/ Possibility of carrying out personal projects: external to the company itself! but which can help the employee improve their personal brand! and therefore! the book your list organizational reputation.
Days off : independent of vacation days! to go to the doctor! accompany a family member to the doctor! or when an acquaintance dies.
9/ Childcare services : another of the main demands for achieving a better work-life balance! although in some companies it is really difficult to incorporate them due to space constraints at the center where the activity is carried out.
10/ Free drinks and snacks : If the company provides snacks and drinks to its employees during their breaks! it can be another way to motivate the employee.