Emotional salary is non-economic benefits that companies give to their employees. The emotional salary is not solely what the company expects from the employees, but what the employees expect from the company. ‘Emotional Salary’ has become increasingly relevant as monetary remuneration does not guarantee the employees’ satisfaction and safety at the workplace. Employees should be offered nonfinancial incentives to help them to work more efficiently. Types of emotional salary include:

Flexible work hours

The employees may adapt their work schedule as they wish, working earlier or later than the set time according to their personal commitments, e.g. driving children to school, going to a medical visit, and so on.

Hybrid

Teleworking or hybrid work is one of the most appreciated types of emotional salary by new generations as it allows them to carry out their duties anywhere without going to the office. This type of salary allows the employees to organize their workflow, produces fewer delays at work, and increases their productivity as they can work from any place that best suits them.

Training plan

Training plans is one of the most in-demand benefits by employees as it allows them to develop their professional careers. Providing training not only boosts employee motivation, but it also helps the company strengthen internal promotions plus helps attract and retain top talent.

Childcare

Childcare is a fundamental type of emotional salary to the workers who have children and do not know what to do with them during school holidays. Childcare helps parents by alleviating their stress when looking for a place to leave their children during the school holiday and it contributes to improving both the parents’ and child’s peace of mind as they can spend more time together. This improves the balance between work and family.

Days Offs

The possibility to have days off is offered by many companies in order to motivate the employees, allowing them to attend to other matters or simply to rest.

Social benefits

These benefits offer employees help with their children’s education, medical insurances, discounts on transport passes, or checks for restaurants and supermarket shopping.

Leisure spaces

Leisure spaces in the workplace make employees feel as they are at home. When they have breaks they can go to a room to relax, drink a coffee, unwind in the gym, all while still being at work.

ADVANTAGES OF IMPLEMENTING EMOTIONAL SALARY

There are many advantages when companies provide an emotional salary. The advantages include:

- Improved working environment and human relations.

- Better employee attitude towards work.

- Time optimization.

- Increased productivity.

- Innovation and creativity in the workplace.

- Improved employer branding.

- More competitive companies.

- Healthy organizations.

- Reduced staff turnover.

- Reduced burnout.

- Reduced stress.

- Better quality of life for employees.

- Increased sales as it increases production capacity.

HOW LANGUAGE TRAINING CONTRIBUTES TO EMOTIONAL SALARY

It can be said that language training is one of the most important and in-demand social benefits for both employees and companies. Nowadays, there are many companies that require the employee to be an expert in at least two languages. Hence, the worker must master more than one language to be able to get the desired position.

The benefits that the company receives by investing in language training for its employees are the following:

- Promotes internal communication for teamwork, thus fostering a sense of belonging to the company.

- Increases motivation and productivity of employees who benefit from this incentive.

- Promotes the internationalization of the organization and the creation and integration of staff from different countries and cultures, fostering labor inclusion.

- Improved professional qualifications, opting for international positions and positions of greater responsibility.

- International responsibilities, as they have the necessary knowledge to negotiate.