Emotional salary: among the priorities of workers – Personal Finance – Economy

Emotional salary: among the priorities of workers – Personal Finance – Economy

beyond one economic remunerationEmployees today seek work environments that allow them to grow professionally and maintain a balance with personal life.

That is why one of the great challenges that companies face today is focused on how to provide comprehensive well-being, a key point that is being demanded by talent.

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According to a survey of LinkedInregarding global recruitment trends, 63% of those surveyed indicated that work-life balance, benefits and flexibility are fundamental aspects when accepting a job, even above salary, an aspect that used to be a priority factor in previous years .

According to reports from the Buk platform, focused on human resource management, more and more organizations are adapting to this new reality and for this they have begun to include corporate strategies such as emotional salary.

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“Companies from various sectors are implementing flexible hours, remote work, parental leave policies, wellness programs and other benefits aimed at building a value proposition for employees. People seek a purpose aligned with their personal and professional life, as well as emotional balance and the development of their abilities”, says Gabriela Arreal, People Happiness Manager at Buk.

One of the great challenges that companies face today is focused on how to provide comprehensive well-being.

However, Arreal explains that in order to achieve an adequate implementation of the emotional salary Within an organization, three important fronts must be taken into account. The first is to draw up a plan that has the participation of all collaborators.

“It is essential that organizations carry out satisfaction surveys and actively listen to their collaborators to identify what is most important to them in their work. This will allow them to adjust their emotional salary and employment benefits programs to meet the needs and expectations of their talent,” says Arreal.

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The second front must give way to flexibility, since the needs may vary according to what the talent is looking for.

“It is relevant to highlight that labor benefits should not be static, but should evolve over time. Organizations must be attentive to the changing needs of collaborators and adapt their programs”.

The third point focuses on the importance of incorporating this type of strategy in the organizational culture of the company.

“Emotional salary and job benefits are key aspects to attract and retain talent in organizations. By providing a rewarding work environment and valuing employees beyond monetary salary, organizations can foster the happiness, productivity, and commitment of their talent”, remarks Arreal.

Finally, the expert affirms that it will be crucial that the experience of the employee or collaborator is seen from “an inclusive perspective”.

“This implies that all people feel part of the organization and are included in all processes, from the generation of awareness about the company, the attraction of talent, loyalty and even in the onboarding processes. Diversity and inclusion must be consistent in the culture, with the leaders and in the day-to-day work,” adds Arreal.

How to guarantee a healthy organizational culture?

detonating

But beyond retaining talent, another of the reasons that have led companies to implement the emotional salary is depersonalization.

According to Buk’s report, this concept “refers to the feeling of apathy that a collaborator has with the organization and the work, which generates a distance between the person and the organization, the projects, the teams and the collaborators.”

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Specifically, the results show that 37% of employees have low enthusiasm at work, 1 in 4 people believe that they have to work more, given the little support from the team, and 1 in 5 work according to the minimum effort.

It is noteworthy that 1,685 workers from Latin America participated in this sample, where the focus countries were: Chile, Colombia, Mexico and Peru. In addition, it was presented between April 24 and May 5 of this year.

Benefits

When choosing a benefit, for which collaborator they would change jobs, a survey of infotrabajos points out that 55% of workers seek better hours, while 54% prefer a balance between work and personal life.

It is noteworthy that the same study states that currently only 34.1% of employees have benefits in addition to salary, while 12.5% ​​are unaware of the type of compensation offered by their company.

BRIEFCASE

By Mitchell G. Patton

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