Give the Gift of Well-being: Reward Your Employees with Benefits

Written by Smartum | 24.10.2024
Utilize employee benefits flexibly as part of your employee reward system – even as a Christmas gift. These benefits are popular and cost-effective compared to salary increases, as you don’t have to pay additional fees. Use them to reward employees, whether to say thank you or to celebrate special occasions.

When employers want to reward employees, such as giving them a gift, there are several ways to do so. The most well-known options might be giving a present or offering a salary raise or yearly bonus. However, both have their own complexities that can affect the actual value of the reward:

  1. Tax authorities allow gifts to be given tax-free, as long as they are customary and reasonable, and chosen by the employer. Such a gift can be worth up to 100 euros.
  2. A salary raise is a nice addition, but it can be quite costly for the employer, doesn’t show up in the employee's paycheck as significantly as expected, and only boosts motivation and commitment for a short time.

Benefits Make a Great Gift

Rewarding employees with benefits is straightforward because they provide more value to the employee and are more affordable for the employer. In other words, as long as the annual tax-free limit for employee benefits isn't exceeded, employers can be quite generous in their rewards.

Well-being is an Intangible Gift

As Christmas approaches, an extra benefit will be appreciated by your employees. The long autumn is behind us, and a well-deserved break is ahead. Who wouldn’t want a little extra to spend on a massage, cultural activities, sports, or health services?

At Smartum, we’re confident that when you gift employee benefits, you can rest assured it’s going to a good cause.

Order and pay for additional benefits by the end of this year to fully leverage the tax benefits for both your company and your employees.

Order benefits directly via the button below or read more on our blog:

Blog post: Order Tax-Free Benefits for This Year

We’ll inform our customers as soon as the tax authority updates the tax-free limits for employee benefits for next year. Want to be among the first to know next year’s limits and other benefit news? Join Smartum’s insider circle, and we’ll keep you personally updated on the latest in the world of benefits.

The 2025 benefit distribution is fast approaching. You can already place orders for next year’s benefits in the Smartum Saldo service.

Tutustu työsuhde-eduista kertovaan blogisarjaamme:

Osa 1: Smartumin omat etukäytännöt

Osa 2: Edunjakajan neljä päätöstä

Osa 3: Esimerkki yrityksestä, joka jakaa samat edut kaikille työntekijöille

Osa 4: Edut ja työsuhteen laatu

Osa 5: Etujen budjetointi vuoden varrella