Reward | KPMG | BE

Reward

Reward

A well-designed reward program focuses on attracting and retaining talent and stimulates employees to act in ways consistent with business objectives.

A well-designed reward program focuses on attracting and retaining talent and...

It is often said that ‘people’ are an organization’s greatest asset. A well-designed reward program focuses on attracting and retaining talent and stimulates employees to act in ways consistent with business objectives. 

How can you ensure that your reward offering is compliant from a tax, social security and employment law perspective? How can you increase your employee engagement in your organization with your benefit scheme?  

KPMG’s Belgian Reward Practice specializes in advising corporates on effective remuneration strategies. Our multidisciplinary team of experts can help you with all technical aspects of the assessment, planning and implementation of reward plans. Our integrated approach helps ensuring that the tax, cost and legal implications are factored into your decision-making process.

 

Flexible Reward Plan

Our reward practice has practical experience in all aspects of Flexible Reward Plans: from tax, social security and labor multidisciplinary law to process flow, communication and IT requirements. We can assist with all aspects and have a multidisciplinary one-stop shop for cafeteria plans. Our attractive web based tool is designed to maximize the user experience for employees and minimize the administrative burden.

 

Reward Services

  • Total reward statement: our web based tool provides your employees with a real-time view of their total reward package. We can also assist you with the implementation, communication and design of the total reward statement, combined with the tax, social security and legal aspects.
  • Mobility & reward: our experts have extensive experience with all tax, legal & reward aspects relating to mobility budgets and other mobility related benefits. We can assist you with the legal and tax design and review of your car & mobility policies. With our web-based ‘Choose your Bike’ tool, it is significantly easier to offer lease bikes to your employees in a tax & legal compliant environment. 
  • R&D incentives: We can assist with all HR related R&D incentives, including IP remuneration and withholding tax reduction for R&D.  
  • Variable remuneration: We can assist with the design of your bonus plans, analyze the tax, social security and legal impact and assist you with alternatives for cash bonus from flexible bonuses to CLA 90 and equity based compensation.
  • Rulings with the tax authorities: We can assist your company to request a binding tax ruling for all reward topics (bringing your own device, flexible reward costs proper to the employer,…). We also look at the social security and employment law aspects.
  • Reward scan: During a reward scan, our tax, legal and payroll experts review your compensation & benefits package and look for possible opportunities and compliance issues.Pension: Our Pension experts provide comprehensive advice on first and second pillar pension plans and can help with the design of your retirement plans.

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