Salary supplements: what they are, types and calculation
Posted: Wed Dec 18, 2024 5:31 am
What are salary completes?
Salary supplements are payments that the company has to make to its workers for various reasons and that are added to the base salary. These circumstances have to do with the work performed or with the company's results. Salary supplements include extraordinary payments, production bonuses, profit sharing, seniority, among many other concepts.
Types of salary supplements
For work reasons
The first type has to do with the work performed by the worker. Typically, they are india phone number data reflected in the collective agreement. For example, the supplement related to seniority may establish that in the third year of the contract, the worker receives a salary supplement that will be added to his base salary. There are also those for night work or danger , which supplement the salary of those who work at night or those who carry out their work with a certain risk to their safety and health.
By situation or result of the company
Another type of benefits are those related to the company's activity. These are, for example, extra payments or bonuses for benefits that some companies pay to their employees.
Difference between salary and non-salary supplements
Non-salary benefits, as their name suggests, are not part of the employee's salary. They are benefits that the company pays to the employee to compensate for expenses that have had to be covered in advance. Non-salary benefits include travel allowances or transportation bonuses . This category also includes severance pay for termination of contract or benefits for sick leave.
Salary supplements are payments that the company has to make to its workers for various reasons and that are added to the base salary. These circumstances have to do with the work performed or with the company's results. Salary supplements include extraordinary payments, production bonuses, profit sharing, seniority, among many other concepts.
Types of salary supplements
For work reasons
The first type has to do with the work performed by the worker. Typically, they are india phone number data reflected in the collective agreement. For example, the supplement related to seniority may establish that in the third year of the contract, the worker receives a salary supplement that will be added to his base salary. There are also those for night work or danger , which supplement the salary of those who work at night or those who carry out their work with a certain risk to their safety and health.
By situation or result of the company
Another type of benefits are those related to the company's activity. These are, for example, extra payments or bonuses for benefits that some companies pay to their employees.
Difference between salary and non-salary supplements
Non-salary benefits, as their name suggests, are not part of the employee's salary. They are benefits that the company pays to the employee to compensate for expenses that have had to be covered in advance. Non-salary benefits include travel allowances or transportation bonuses . This category also includes severance pay for termination of contract or benefits for sick leave.