Investment in no tangible compensation for the work-family balance

Abstract

Purpose: The economic crisis that has affected since 2008 requires greater attention to the costs of the company with consequences sometimes negative for workers. With a palliative effect, you can apply remuneration policies tailored to the needs of people and what they consider important  well adapted to their current social and economic reality. This research focuses on this remuneration policy that is based on humane values ​​and intangible that add value to the management of companies to facilitate the reconciliation of professional and personal life.

Design / methodology / approach: We carried out a literature review from 2002 in PSYCHOINFO databases, MEDLINE and PSICODOC addition to reviewing research IESE and ESADE, two of the most important Spanish business schools. We have selected the most important to aid in designing the structure of the remuneration policy and its position in the Spanish State.

Research implications: The analyzed studies allow to determine that the not tangible remuneration produces positive influence on the personal and  professional worker's environment Furthermore it has been shown to compensate the worker with more than money is a practice that has been growing within enterprises, although the implantation is being progressive and workers consider very positive.

Practical implications: This study will raise awareness of this remuneration policy and develop new methodologies adapted to the current economic and social challenges for balancing personal and professional life.

Originality / Value: In an unfavorable economic context, the implementation of remuneration intangible supposes a social equilibrium and the evolution towards good and better human management companies.