What is “emotional salary” and what is its importance?

When we talk about salary, we generally talk about the monetary remuneration given to a worker for their work. However, currently the term “emotional salary” has become popular. Because?

Work well-being and emotional salary

According to the magazine, emotional salary refers to some type of non-financial gain that a company’s collaborators receive and that represents a relevant benefit. These earnings, the media states, are usually determining factors when it comes to staying or accepting a position or position in a company.

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According to Forbes, emotional salary is increasingly relevant today. The magazine mentions that in a survey carried out in 2021, More than 60% of the employees consulted find the emotional benefits important and well-being, beyond the economic salary offered by a position.

A determining factor

Currently, precarious conditions have been the subject of debate for numerous claims by groups, especially in relation to women’s work. In that sense, Forbes states that, consequently, among the most valued conditions to belong to a company There are flexible hours, rest days, the possibility of working in a hybrid way, pleasant interaction with other colleagues in the company, recognition of work and freedom of action.among other.

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In that sense, working conditions and the so-called “emotional salary” are a determining factor for productivity in small, medium and large companies. This is reported by a study carried out by researchers from the Faculty of Mines and the Engineering Department of the Organization of the National University of Colombia and the Pontifical Bolivariana, in 2018, titled “”. Similar results were obtained in studies carried out in Mexico and Argentina. Along the same lines, in 2016 the portal published a related article in which workplace harassment is considered as another determining factor in business productivity in Spain, and which reveals an analysis of The concept and effects of bullying in Spanish companies and societies.

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Ten factors to consider

In this way, it is clear that the emotional benefits provided to workers play a main role in their performance and permanence. He determined ten factors that define the so-called emotional salary, among which are the following:

  1. Autonomy: the possibility of freely managing your own projects that have been assigned.
  2. Membership: the condition of belonging to a group that recognizes work and values ​​professional efforts.
  3. Creativity: the possibility of finding yourself in a work team that considers the importance of a creative character.
  4. Address: career projection in the immediate and medium future.
  5. Enjoyment: the possibility of finding pleasure in the work that is done.
  6. Master’s degree: the satisfaction of feeling that the job has been done well and that it has been perfected over time.
  7. Inspiration: find a place where the work you do generates a feeling of motivation and inspiration in others.
  8. Personal growth: know that your work allows for your own development.
  9. Professional growth: the dimension of professional development in the field and area in which it is developed.
  10. Purpose: feel the sensation that the work you do helps in the life purposes of those who work.