Compensation

Have you started using Coverflex recently or is our platform already quite familiar to you? Or maybe you haven't heard about Coverflex's solution at all?

The concept of emotional salary is more and more valued by employees, regardless of their age group and career stage, whether during a career transition or at the beginning of their professional path. It is a concept that has been accompanying changes in the job market and that gained greater support with the pandemic and the need to create new satisfaction mechanisms.

2023 can be a challenging year for many Portuguese people, especially for those with a mortgage. Although many workers and pensioners will benefit from an increase in their net income this year, it is expected that high inflation and rising interest rates will continue to affect personal finances and reduce families' purchasing power.

After a year marked by rising inflation - which reached 10.6% in October, with the European Commission predicting that the inflation rate in Portugal in 2022 will settle at 8% -, the purchasing power of the majority of Portuguese people has dropped significantly. With this context in mind, the Government has put forward some proposals to increase the income of citizens in Portugal in 2023.

Going to the office doesn't mean doing the job better, much less does the office guarantee the employee's motivation and productivity. Working remotely is not synonymous with loss of company culture or loneliness. On the contrary, remote work is about flexibility, freedom and even a digital nomad lifestyle (because why not?).

In recent years, several companies spread across the globe have incorporated gamification as an internal work tool, in order to increase the productivity and motivation of their employees, as well as to make communication clearer and more assertive - basically, with the aim of improving the work experience. Google, Microsoft and HP are just some of the organisations that use gamification techniques in their internal management.

If you haven't been on holidays yet, maybe it's better that you save this article for later and make the most of your rest period. But, if you are about to end your vacation days and you only think about returning to work, or if you have just returned and you just want to go on vacation again, this article is for you.

With an increasingly competitive job market, setting salaries for future employees is not an easy task. After all, companies have to consider the average salary of this professional activity in question, not only according to the candidate's professional experience, but also taking into account the final cost that they represent.