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What is Inbound Recruitment

What is Inbound Recruitment?

Inbound Recruitment is the most effective method to attract not only the best talent, but also the most suitable for your company. We show you how!

All you need to know about R&D bonuses

All you need to know about R&D bonuses

Today we are going to talk about one of the most immediate and powerful tax incentives that exist today: Social Security bonuses for research personnel. These bonuses in the contributions paid by the company to the Social Security allow a reduction of 40% in the contributions to the social security contributions for each subsidized worker. You must have been curious and want to know more. Don’t worry! In today’s article we explain everything you need to know about R&D bonuses. What are the requirements to qualify for this bonus? Unfortunately, not all workers can be rewarded in this type of incentive, but your employees must meet several conditions: To beincluded in groups 1, 2, 3 and 4and to contribute to the General Social Security System in Spain. Have a minimum of 85% of their work dedicated to R&D. Develop R&D activities as defined in Article 35 of the Corporation Tax Act. Advantages of the R&D bonus The company automatically decreases the expenditure of personnel dedicated to tasks of R&D, taking into account that turnkey developments, under order of clients and ICT projects developed to customers have rights to the bonus equally. This tax incentive is compatible with tax deductions for R&D, only in case of having the spanish “Innovative SME Seal” In other organizations that do not have this seal, both incentives may apply as long as they do not apply to the same developer staff. What is the procedure for applying this bonus? The application procedure varies mainly according to the number of persons and the duration of the bonus. As Upbizor explains, the options are the following: Up to 9 eligible workers you can apply them “internally” as long as you properly document the R&D tasks and activities carried out by each subsidized worker. 10 or more elegible workers and from the third bonus month in a current year, you must start a certification process with an entity accredited by ENAC to provide a binding reasoned report within 6 months of the fiscal year. What are the profiles of companies that best fit for this type of bonus? Industrial enterprises manufacturing capital goods. Companies dedicated to the development of software tailored to their customers. Companies with an engineering or R&D department that have personnel dedicated to developing solutions or improvements, either for their own products or processes or to obtain solutions or improvements tailored to their customers. Companies with technical staff, preferably industrial engineers, biologists, chemists, pharmacists and other types of qualifications related to science and technology. SMEs with the INNOVATIVE SME label as this bonus is also compatible with the tax deduction for R&D. Are you an Innovative SME? Find out what advantage you have with this incentive One of the great advantages of being an Innovative SME is that you do not have to choose the type of incentive associated with the worker who is engaged in R&D, that is, usually a company that does not have this seal, you have to choose whether you want to deduct yourself fiscally by a person who carries out R&D activities or to subsidise your social security contribution. This seal is a recognition given by the Spanish Ministry to those companies that opt for R&D. If you have the Innovative SME label, both incentives are fully compatible, so that, for the same worker, your company could perceive both incentives. But you will have other advantages, the main benefits that you will be able to get if you request this bonus are: Monthly savings thanks to its direct application. Reduction in operating costs thanks to lower personnel costs. Increasedcompany’s competitiveness Development of an efficient R&D savings strategy As you can see, opting for this spanish Social Security bonus for R&D can bring many economic benefits to your company. If you want to know more we recommend requesting information from companies specialized in grant issues such as UpBizor. In addition, we recommend that you watch the recording of the #TalkingAboutTalent 2 on Financing, where we talk about how to overcome the financing stages and investment rounds in a StartUp successfully. For this article we have had the collaboration of María Alejandra Vivas of the consultancy Upbizor. Tell us: Is your business dedicated to R&D? Have you ever applied for this bonus? Has it been positive for your business? Try TalentFY in a Live Demo Try our recruiting platform without compromise. And if it doesn’t work for you, YOU DON’T PAY No small print. Schedule Demo Join our News Subscribe and receive our most exclusive content and news every month directly in your inbox.

Remote work benefits

Remote work: benefits for you and your employees

Remote work is a very effective work trend for companies and very attractive for employees, so it is not surprising that it is increasingly implemented in companies around the world. At present, and especially because of the advent of COVID-19, this way of working has become a reality for many employees in Spain. But, although the arrival of the COVID-19 has marked a before and after in relation to remote work, this way of working brings a list of benefits that facilitate the organization of both the employee and the company. It should be noted that it is not always possible to practice it, not all jobs or all people can perform their tasks remotely, but many of them can, and the option of choosing teleworking should be considered whenever possible. It is estimated that more than 40% of the work performed in companies can be done remotely. But all this is best seen with data, so here are the 4 most important benefits of implementing remote work for you and your employees: Increased productivity: 85% of companies say that productivity has increased because of the greater labor flexibility thatr remote work brings. Improved work/life balance: 75% of employees who are working remotely say that working externally has improved their work/life balance. Stress reduction: 40% of teleworkers say they are usually “not stressed” during a normal workday. Improved employee morale and reduced turnover: Fifty-seven percent of employers say telework flexibility has improved morale and reduced turnover. In this article we discuss and develop the main advantages of implementing remote work for your business and your employees. Technological improvements One of the main reasons for the growth of this new work model is that nowadays both companies and employees have the necessary technological tools to carry out their tasks online and remotely. In this regard, internal communication tools, online collaboration platforms and social networks, which facilitate communication among employees, must be taken into account. Among them, from TalentFY We want to highlight Slack, which allows fluid communication with other colleagues and creates a feeling of proximity and Team Spirit; Google Drive, which allows several people to work on the same document; and Google Meet, ideal for conferences and meetings, and/or to deal with topics that are more complicated to work on via written message. Reconciliation The increase in telecommuting in Spain and the rest of the world is also closely related to the demands of workers, who are demanding solutions that allow them to better reconcile their work and family life. Responding to these pleas from workers, many companies have decided to allow their employees to work from home. This makes it easier for the employee to organize his day, not only with his work tasks, but also with his personal tasks and activities. Consequently, you will make your employees happier and feel freer, the 8-hour working day is over, if one of your employees is better off working from 9:00 am to 2:00 pm and then take a 2-hour break because he wants to attend some training courses, and then reconnect from 4:00 pm to 9:00 pm, why can’t he do it? As long as your employee keeps to the hours he/she has to work per day/week, it is very positive that you give him/her the freedom to organize himself/herself, and telecommuting makes it very easy. Increased productivity As mentioned above, it is important to note that companies have realized that telecommuting increases employee productivity, you may ask: why? Among other things, because workers can dedicate more time to their tasks than they end up devoting to them when they are in the office. In addition, it avoids the constant interruptions that are quite common in offices and reduces time wasted in meetings. According to the latest INE data, telecommuting can increase productivity by 5 to 25%. Cost reduction for companies and employees Companies have also realized that teleworking can lead to considerable cost reductions, since a physical location is not necessary, or at least not as large. In addition, companies save on per diems and travel expenses. For their part, there are many workers who do not yet have this type of incentive, in these cases they can also save on commuting and, more importantly, on time. And we must not forget that a good part of the day is wasted on the way to and from work. Better attitude All these benefits that we have been discussing and developing translate into a better attitude of workers, who see how their working conditions improve, can take care of their families, reduce their stress levels and have more energy. Thus, employees tend to be more motivated and involved with the company. And you: have you started to implement telecommuting as a result of COVID-19 or had you already done it before? What positive aspects have you and your employees gained by starting to work remotely? Try TalentFY in a Live Demo Try our recruiting platform without compromise. And if it doesn’t work for you, YOU DON’T PAY No small print. Schedule Demo Join our News Subscribe and receive our most exclusive content and news every month directly in your inbox.