Emotional salary: why is it so important for you to know what it is?

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The new method found to attract employees was the offer of benefits, such as medical and dental insurance. However, nowadays there is a new need on the part of employees, which is the so-called emotional salary .

Until recently, paying high salaries was the main strategy used by companies to attract, hire and retain good professionals . But, from a certain point on, money stopped being the priority.

In the next topic, so that you understand better, we will talk about what is meant by emotional salary within a company, as well as how you can identify and prepare HR reports to also implement in your company.

What is emotional salary?
Emotional salary is not a benefit that is incorporated into the salary, or that is included in the professional card or pay slip. It is a concern and action of the company regarding training, qualification, career advancement, learning, employee development, among others.

In today's busy life, we are always looking for a job that can bring us not only financial return, but also quality of life . A job that allows us to continue studying, improving ourselves, or even more leisure time.

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In this way, emotional salary is all the non-economic resources that the company offers its employees, so that they can establish a rhythm of life that suits their professional and personal needs.

It is worth remembering that an emotional salary does not compensate for a bad salary. There is no point in offering employees several benefits if the money that comes in as payment for all their efforts does not pay their monthly bills.

Emotional salary should be an ally, so that together with financial salary, you can meet the emotional and material needs of your employees. Never forget that emotional salary should be something complementary to what is already considered basic so that it can bring the expected benefits.

Why does emotional salary matter as much as remuneration?
For your company to be a place where employees enjoy being, it needs to be an attractive place that provides emotional and motivational support and incentives, thus increasing team engagement, commitment and productivity.

It is up to the company's HR department to research what can be added to the team, so that they feel important within the company.

Would employees like to receive lectures, training or courses? What can the company offer to make them feel good and not want to leave to look for another opportunity in the job market?

Employees want work to be accompanied by quality of life and that is where emotional salary comes into play as a strategy to provide that “something more” that many expect.

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How to correctly apply emotional remuneration in your company?
Now that you know what emotional salary is, let's see how you can use it so that your company attracts and retains the greatest amount of talent possible.

In practice, the application of emotional salary in companies is linked to the behavior between employees and leaders. It is the leader who must present the possibilities that the professional has to develop both personally and professionally and offer opportunities according to each profile.