Employee benefits

The tokenization of employee benefits: innovation, motivation and fiscal optimization

By
N01zet
Published
December 27, 2024

HR benefits, such as performance bonuses, employee benefits and employee savings, are essential to improve the experience of your employees and strengthen the attractiveness of your company. However, did you know that Benefit Vouchers can also play a crucial role in this strategy, while helping you control your budget? By opting for the tokenization of employee benefits, you benefit from both an innovative tool to stimulate the motivation and purchasing power of your employees, as well as an effective lever to optimize your taxation and better control your expenses.

What is the Benefits Title?

Salary benefits and benefits in kind are forms of non-salary compensation offered to employees in addition to their regular salary. Salary benefits include items such as meal vouchers, gift vouchers, corporate health insurance, and compensation for social and cultural activities, while in-kind benefits include vacation vouchers, childcare services, employee public transport passes, and company vehicles. In general, most benefits are not subject to payroll taxes or income taxes. On the other hand, benefits in kind must be declared to taxes. Gift vouchers, participation in vacation vouchers and CESUs are subject to social security contributions (CSG, CRDS, etc.) from a certain ceiling. The table below details the conditions for exemption from social security contributions.

Setting up an Avantage Pass with N01zet

With N01zet, you can centralize and dematerialize all the HR benefits of your employees in an application, including Salary benefits. Each month, you assign Benefit Tokens to your employees within the N01zet platform.

Tokens will be created according to specificities and collective or individual events. Your employees convert these benefit tokens within the application into the current account linked to their bank account while integrating a proof of the transaction for justification purposes.

The tokenization of the Benefit Title: an end-to-end dematerialized process

Employees use their Benefit Title Tokens according to their needs, without any salary deductions.

Businesses will be able to easily set up Title Benefits tokens in a few clicks on the N01zet platform, without the need to order physical Vouchers or distribute them to each employee.

For employees, the advantages are numerous: controlling purchasing power and maintaining employee benefits without monthly payroll deductions.

It is the only fully digital application for managing Avantages titles that uses blockchain technology, thus ensuring a secure and transparent process.

Enhance your CSR commitment with the tokenization of Vouchers Avantages

N01zet aims to revolutionize the traditional Avantages securities sector by offering an innovative solution that benefits businesses, employees and traders. The tokenization of benefit vouchers can have a positive impact on the responsible consumption of your employees.

By using tokens, employees have greater control over their food choices, which can lead to more conscious food consumption decisions. Engagement programs may be conducted jointly within the platform coupled with the issuance of Avantages tokens.

In addition, the digital nature of the solution can reduce paper title waste and encourage a more sustainable approach to responsible production and consumption. Ultimately, tokenizing Avantages shares can contribute to a more sustainable future by promoting responsible behaviors.

Finally, the N01zet platform offers an index that allows your company to monitor and trace the company's commitment to CSR.