The flexible salary is the portion of your salary that can be used to pay for certain benefits. The amount you use will be deducted from your payroll.
There is a legal limit that allows you to allocate up to 30% of your annual gross salary per year to spend on benefits through your salary.
However, you must ensure that your monthly gross salary does not fall below the Minimum Interprofessional Wage (MIW).
How is it calculated?
Your monthly available amount for flexible salary is calculated by dividing your annual gross salary by 14 payments, while respecting both the monthly SMI limit and the annual 30% cap.
Practical example:
Remember that expenses covered by your benefits bag (social benefit) or paid by your company (in-kind benefit) increase your annual gross salary, as they represent an additional contribution from your company for certain benefits.
This also increases your flexible salary, which is calculated by adding your base salary and the amounts contributed by your company, including the funds added to your wallet.
Practical example:
If your company adjusts your salary due to a raise or a reduction in working hours, your maximum and available amount will also be adjusted.
How do different expenses affect your flexible salary?
There are several types of accounts you can see on the Home screen of your app. All expenses related to these accounts can also be viewed in the Transactions section.
| ⭐️ Each expense impacts your available flexible salary differently. |
- When a transaction indicates a flexible salary expense (flexible compensation), it impacts your payroll, and your available flexible salary decreases.
- When a transaction shows that a consumption was made from the benefit bag (social benefit), it will increase the available amount of your flexible salary.
This is because the benefit pool is an extra contribution of money that your company provides for certain benefits, without directly affecting your base salary. Since it is a social benefit, it increases your gross annual salary and, as a result, increases the 30% available for flexible remuneration, which in turn increases your flexible salary.
- When a transaction indicates an expense paid by your company (social benefit), your available flexible salary will increase.
This is because the benefits fund is an extra amount of money your company provides for certain benefits, without directly affecting your base salary. Since it is considered a social benefit, it increases your annual gross salary, which in turn raises the 30% available for flexible compensation and consequently increases your flexible salary.
- When a transaction indicates a wallet expense, it can come from
- An accumulated amount in certain benefits (such as Meals or Transport). If this accumulation comes from your flexible salary, it has already been reported in payroll, so it will have no additional impact and will not reduce your available flexible salary.
- An extra contribution from the company, beyond your salary, allocated to certain benefits. In this case, since it is considered a social benefit, it does not directly affect your base salary but increases your annual gross salary. As a result, it also increases your flexible salary, which is calculated by adding your base salary and the additional amounts contributed by the company.
Resume:
| Source of Consumption | Impact on Flexible Salary | Impact on Payroll |
| From Flexible Salary | Reduces Flexible Salary when a consumption is made |
Will be deducted from your payroll |
| From Bag | Increases Flexible Salary when a consumption is made |
Will not be deducted from your payroll |
| From Your Company | Increases Flexible Salary when a consumption is made |
Will not be deducted from your payroll |
| From Wallet as an extra contribution from the company | Increases Flexible Salary when the deposit is made | Will not be deducted from your payroll |
| From Wallet as an accumulated salary | Reduce Flexible Salary when the accumulation is made | Will be deducted from your payroll |
Where can you use it?
With flexible salary, you can make payments for the benefits your company makes available to you.
It is important to note that some benefits have their own limits, such as Meal (€11/day) or Transportation (€1,500/year), so it is normal for the amount of flexible salary not to match the remaining limit for these benefits on a monthly basis.
The available amount in your flexible salary account allows you to organize your spending and know how much you can enjoy from your monthly salary. If you view the details, you will see the date until which it will be available, which will be the day of your company's consumption cycle closure.