Emotional pay

The emotional salary is the set of non-monetary benefits that a company offers its workers and that complement the traditional salary, adapting to modern needs. They are all those components that motivate and help the employee to grow professionally, but also personally. Emotional pay encompasses a whole set of initiatives and policies in talent management that aim to have happier and more motivated employees.

Although salary is always the most essential factor, the needs and preferences of employees change. With the appearance of the millennial generation in companies, they have had to add emotional pay to their remuneration policies to attract talent.

Some examples of emotional pay are work-life balance, flexible hours, daycare, training plans, bringing animals to the workplace, days off on specific dates...

https://factorhuma.org/attachments_secure/article/8299/salari_emocional_cast.pdf
https://www.uoc.edu/portal/es/news/actualitat/2016/231-salario-emocional.html
https://repository.cesa.edu.co/bitstream/handle/10726/291/BI47.pdf?sequence=6

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