What are social benefits in companies?

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What are social benefits in companies?

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Ask yourself what are social benefits in companies it is something important: it shows that your HR is keeping an eye on the main trends that value your human resources.

This is because the market has increasingly pointed out the relevance of taking care not only of the benefits imposed by the current labor laws, but also the aspects that contribute to the personal and professional development of each employee.

To help you plan for this qualitative transformation in your organizational culture, we prepared this post.

In the next few topics, we’ll explore what are social benefits in companies, where did this trend come from, what are its advantages and some tips on items that can be added among the benefits already offered by the company.

Good reading!

What are social benefits in companies?

Social benefits these are some of the facilities offered by the company, adding diversified concepts of indirect remuneration.

As part of this, it is important to note that they can be divided into different classifications, such as legal benefits (those that are mandatory) and the spontaneous, which we will talk about later on.

Regarding the mandatory ones, within the consolidated labor laws, we can mention a few:

In general, they are benefits that are fully paid for by the company or, in other cases, partially, being under the employee’s responsibility. the other party’s payment.

When did the social benefits arise?

Before we understand what are social benefits in companies, we will understand their origin. In part, they are issues linked to the requirements of the labor legislation.

However, in the mid-1940s, the concern for the well-being of professionals became more evident. In part, due to studies that related the quality of life of employees to theincrease in productivity and results for organizations.

Not to mention other benefits that are commonly associated with increased well-being and quality of life within companies, like:

Therefore, those who have come to understand more about what are social benefits in companies they soon realized that everyone has a lot to gain from this type of work.

What are the other advantages of investing in social benefits?

It is worth pointing out that aation of social benefits it must be thought strategically. After all, not all articulation, in this sense, may have to do with the average profile of employees.

I.e: the HR sector must be in deep alignment with the company’s managers to understand which objectives must be achieved with the employees. social benefits.

Overall, knowing what are social benefits in companies – and how to apply them – allows HR to work towards:

  • significant improvements in the quality of life of employees, focusing on their particularities, and not on market trends;
  • maintenance and improvement of the organizational climate;
  • reduction in the rate of turnover;
  • qualification of the productive capacity and productivity itself of all employees.

For the company, we have already pointed out the benefits of this. Investment quickly turns into a loyalty and engagement which translate into multiple – and tangible and intangible – profits for the company.

For the employee, in turn, we can highlight some points of great relevance, such as:

  • close assistance in solving your personal problems and challenges;
  • more satisfaction to undertake, internally, and grow with the company;
  • personal development;
  • individual well-being.

How about we see, then, the classification of benefits so that we can delve deeper into modern alternatives that may have everything to do with the moment experienced by your employees?

What are social benefits in companies and what are their types?

Below, we have created a practical classification to understand, once and for all, what are social benefits in companies:

Cool

These are the benefits mentioned at the beginning of this article. I.e: all those foreseen and guaranteed by CLT.

Spontaneous

Benefits voluntarily granted by the company, such as paid bonuses, profit sharing and the basic food basket, among others.

Monetary

Cash bonuses that the company records on the payroll. Some examples:

  • retirement or supplementing it;
  • financing of medicines;
  • loan plans.

But there are also a modern issue that has raised the curiosity of HR professionals in search of knowing what are social benefits in companies.

Non-monetary

Are the facilities made available to employees of a company. Below, we highlight some of the main ones:

Through these differentials, the company’s HR generates more safety, convenience and satisfaction for your employees.

Therefore, it is advisable to make a detailed plan to understand the profile of your employees and, thus, design the best strategy so that everyone benefits.

What is the role of HR in this process?

Now that we understand what social benefits are in companies, it is time to understand the process that leads to their implementation.

And, to assist you in build the best strategy for your company, below we highlight an efficient step by step:

  • meet with the leaders and identify the objectives for the elaboration of a flexible and personalized plan of social benefits;
  • do research, with employees, and open the space for opinions too;
  • Identify the best benefits to align with the company’s demand;
  • Make small tests and measure the results – for example: if the productivity or demotivation, which were chronic problems, were mitigated with the proposed action.

That way, it’s easy to understand what are social benefits in companies and the advantages of its execution, adding multiple values ​​for your organization!

Now, you want to know what other strategies can complement this type of campaign and further qualify your company?

For this, we invite you to like our Facebook page and follow us on Instagram, Twitter and LinkedIn to stay on top of all our news!

Conclusion

HR Consultant UK can help if you have any questions about What are social benefits in companies?
. Our HR consultant in London can assist you if you live in London. Suppose you live further afield thats not an issue! Visit our HR Consultants Near Me page to find the best consultancy nearest to you.
See you next time!

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