Companies that charge extra to fight inflation are charging for their workforce

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at high times inflation but things are going well, extra fee, in past baptized times ‘scarf’, reappears. this pay anti-inflation Avoiding the consolidation of compensating wage increases is the hand of a corporate saint. loss of purchasing power. A special payment It allows postponing deal negotiations, assessing the weight of labor costs in company accounts, and even dealing with new hires without fear of costs being consolidated on the balance sheet. Here are some of the companies that wisely decided to create a special bonus against inflation. But it looks like there will be much more to come.

Mapfre

In July, the insurer announced that it would make an additional 350 euros in monthly payrolls to its employees in Spain to cope with the current economic situation, where high inflation rate is highly mandated. The measure reached 10,500 group employees in Spain, excluding the management team. Mapfre’s salary policy is based on a model of fixed compensation, annual variable compensation based on targets, a benefit and compensation package. Health insurance becomes completely free for all employees and access to savings insurance is improved. Staff also have an employment retirement plan, school assistance, life insurance and insurance premiums.

sixty

The multinational company specializing in car rentals announced a special bonus for its workforce this year to face the rise in prices. The measure consists of distributing 15 million euros among all its employees. After the strongest period in Sixt’s history in terms of revenue, with an increase of approximately 60% from the previous year, the company will pay bonuses of 1,700 euros to each of its 8,000 employees. In June and October 2021, the group paid a special bonus for the great effort of the human team during the pandemic. These special payments allow salary costs to be adjusted in a timely manner as the business evolves, without forcing the company to increase its fixed labor costs. The company plans to increase its workforce by 1,000 this year.

PSA

Tile company APE Grupo decided in July to pay its employees an additional 400 euros to help them cope with the current economic situation, which is mandated by the now double-digit high inflation rate. Managers are unpaid. The anti-inflation fee is part of the business style of companies that implement it. APE has already distributed a single payment of 500 euros among staff in 2021. In addition, employee benefits, such as extension of paid leave according to the legal framework, also apply in the event of both the death of relatives and marriage. Remote work from home, if possible, has proven itself as another flexible option for the office workforce.

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