CADOU PASS – Gift Vouchers

The gift vouchers are a modern fringe benefit to give employees the freedom to choose their desired gift on various occasions: March 8th, Easter, June 1st, and Christmas.

See store network Ask for offer here
gift vouchers, Sodexo

CADOU PASS – Gift Vouchers

The gift vouchers are a modern fringe benefit to give employees the freedom to choose their desired gift on various occasions: March 8th, Easter, June 1st, and Christmas.

See store network Ask for offer here

Calculate the advantages

What are the gift vouchers?

  • Gift vouchers represent a fringe benefit for which 16% income tax does not apply. They are not included in the calculation of social contributions, if the value of the vouchers does not exceed 150 lei for each employee and / or minor child of the employee.

  • You can also offer gift vouchers for other events that preserve social expenditure, other than those listed above, based on collective labor agreements or internal regulations. In these cases, the company and employees are exempt from paying social taxes, and employees pay 16% income tax.

  • Three out of five companies providing fringe benefits to employees offered Christmas gift vouchers on Christmas Eve in 2016, according to a Sodexo analysis.

  • Gift vouchers from Sodexo can be used to purchase a wide range of non-food products and services. In addition, they are also used in the HoReCa industry.

  • According to Sodexo, most employees use them to buy:

  • Furniture and interior decorations - 30%;

  • Domestic and IT products - 30%;

  • Clothes and footwear - 20%;

  • Meals at the restaurant - about 10%

I want to offer vouchers

The system by which a company can offer incentive vouchers is very simple:

The company buys Sodexo vouchers and offers it to the business partners

Beneficiaries use the vouchers in the stores

Merchants reimburse the vouchers, and Sodexo pays them the countervalue

Gift vouchers are a fringe benefit with important benefits for both the employee and the employer.

Frequently asked questions about gift vouchers

Gift vouchers represent a benefit to employees of companies who want to give them the opportunity to choose their desired gift on various occasions: March 8th, Easter, June 1st, Christmas or specific holidays.

Gift vouchers are benefits to be given on holidays, while lunch vouchers can be given on a monthly basis.

Gift vouchers can be used to purchase a wide range of products, from electronics and IT products to jewelry or HoReCa services. Only food can be purchased on the basis of meal receipts.

According to the law in force: “The value of a gift ticket is 10 lei (RON) or a multiple of 10, but not more than 50 lei (RON)”.

The employer decides how many gift vouchers will be awarded to each employee. However, they are non-taxable and are not included in the calculation of social contributions only if their value for each individual employee does not exceed 150 lei.

For example, if a company chooses to give employees a gift voucher worth 400 lei, 150 lei are non-taxable and the state will not deduct contributions for them. The remaining 250 lei is a taxable amount and is the basis for the calculation of mandatory social contributions.

If an employee has a minor child can receive gift vouchers worth 300 lei, 150 for him and 150 for his child. If both parents of a child work for the same company, each of them can receive vouchers for both him and the child.

Employers interested in giving gift vouchers to employees on different holidays must contact an issuing company authorized by the Ministry of Public Finance.

No, gift vouchers cannot be transformed in money.

Cadou Pass vouchers, offered by Sodexo, can be used in a network of approximately 67,000 locations across the country.

Employees who benefit from Cadou Pass vouchers have the opportunity to choose their own gift from the clothing stores, shoes, toys, electronics and home appliances, cosmetics, jewelery, books, sports items, furniture, decorations, fuel etc. included in this network.

All companies (commercial companies, autonomous companies, companies and national companies, budgetary institutions, cooperative units, other legal entities, and individuals who employ personnel on the basis of an individual labor contract) can benefit from the tax advantages and those related to Taxes related to Cadou Pass vouchers offered to employees according to the legislation, whether in the previous year they have gained or not.

It is the employer who chooses the value of the gift vouchers, respecting the provisions of the law in force.

According to the law in force, gift vouchers can be issued by any unit with a specialized activity in this field. Gift voucher companies operate on the basis of an authorization issued by the Ministry of Public Finance.

Yes, gift vouchers can also be granted to minors of employees.

Employee benefits

  • Employees who receive gift vouchers (also known as gift tickets) are exempt from paying wages and income taxes for amounts received under this form, if the vouchers do not exceed 150 lei / person.

  • Employees who benefit from gift vouchers have the opportunity to choose their own gift from stores selling clothing, shoes, toys, electronics and home appliances, cosmetics, jewelry, books, sports items, furniture, decorations, fuel etc. and accepting payment with gift vouchers.

  • With Cadou Pass vouchers offered by employers through Sodexo, each employee has the freedom to choose the desired gift from a network of approximately 67.000 locations across the country.

  • Beneficiaries who receive gift vouchers in an envelope can also enjoy discount coupons in different locations.
    Sodexo beneficiaries have at their disposal an web application to help them choose where they want to use a gift voucher.

  • Beneficiarii Sodexo au la dispozitie cea Every person can search for locations in proximity, can select according to various criteria and can calculate how long he / she reaches the desired location.

How do we use them?

Beneficiaries of incentive vouchers can do shopping within the limit of their value.

Each ticket can be used in another store in the network, if desired, but if the purchases are less than the voucher value, the store can not pay back the remaining amount.

Vouchers can be used in stores with a wide range of products, including fuel, furniture or electronics and home appliances, and each of them has a certain value.

Frequently asked questions about gift vouchers

Incentive programs are useful when a company wants to encourage employees to achieve a performance level or a predefined target. Based on these programs, individuals who reach the desired level are rewarded. In other words, these recognition programs reinforce and reward certain behaviors and attitudes.

“Non-financial incentive proves its efficiency primarily due to the fact that it triggers a psychological response from the beneficiaries: By using it, companies move partner competition strictly on money rewards in an area of ​​memorable gifts and rewards,” explained Jean Istasse, general manager of Sodexo Motivation Solutions.

According to a recent Sodexo survey at global level, for companies that have implemented non-financial incentive programs, annual revenue increased by 9.6%. Those who have put their emphasis on financial rewards have registered an advance of only 3%.

At the micro level, the average revenue generated by each salesperson rose 2.1%, down from the 0.7% decrease in the same indicator in companies that relied on money motivation.

As to the extent to which the target was reached, it recorded an advance of 1.6% in the first category, while in the second category the indicator reflected a decrease of 2.2%.

Any employee can be stimulated to get better workplace results through an incentive program.

“Incentive” is a term that does not exist in the Romanian language dictionaries. It has been borrowed and adapted from the English “incentive”, a thing / program that stimulates and encourages people to do something. Even if it does not exist in Romanian, this word is often found in corporate language and describes the ways of non-financial rewarding of employees and business partners.

Sodexo makes available on the Romanian market two equally effective incentive solutions – Smart Pass vouchers and the IncentiWise platform, an online incentive management system.

By accessing IncentiWise you can propose to:

  • Increase sales volumes;
  • Increase turnover and profitability;
  • Increase the number of final consumers;
  • Increase market share;
  • Increase the presence of your products in distribution networks;
  • Increase your brand attachment;
  • You have the certainty of people’s involvement.

Employer benefits

  • Providing Cadou Pass vouchers employers can benefit from favorable tax conditions, in line with the Tax Code and Law 193/2006.

  • With Sodexo Cadou Pass vouchers, companies can:

  • increase employees loyalty

  • eliminate administrative costs associated with the purchase, packaging and storage of classic gifts

How does it work?

Purchase from Sodexo the necessary vouchers

Provide vouchers to employees

Employees use vouchers at the merchants from the Sodexo network

Merchants reimburse the vouchers, and Sodexo pays them value


Frequently asked questions

Gift vouchers represent a benefit to employees of companies who want to give them the opportunity to choose their desired gift on various occasions: March 8th, Easter, June 1st, Christmas or specific holidays.

Gift vouchers are benefits to be given on holidays, while lunch vouchers can be given on a monthly basis.

Gift vouchers can be used to purchase a wide range of products, from electronics and IT products to jewelry or HoReCa services. Only food can be purchased on the basis of meal receipts.

According to the law in force: “The value of a gift ticket is 10 lei (RON) or a multiple of 10, but not more than 50 lei (RON)”.

The employer decides how many gift vouchers will be awarded to each employee. However, they are non-taxable and are not included in the calculation of social contributions only if their value for each individual employee does not exceed 150 lei.

For example, if a company chooses to give employees a gift voucher worth 400 lei, 150 lei are non-taxable and the state will not deduct contributions for them. The remaining 250 lei is a taxable amount and is the basis for the calculation of mandatory social contributions.

If an employee has a minor child can receive gift vouchers worth 300 lei, 150 for him and 150 for his child. If both parents of a child work for the same company, each of them can receive vouchers for both him and the child.

All companies (commercial companies, autonomous companies, companies and national companies, budgetary institutions, cooperative units, other legal entities, and individuals who employ personnel on the basis of an individual labor contract) can benefit from the tax advantages and those related to Taxes related to Cadou Pass vouchers offered to employees according to the legislation, whether in the previous year they have gained or not.

It is the employer who chooses the value of the gift vouchers, respecting the provisions of the law in force.

According to the law in force, gift vouchers can be issued by any unit with a specialized activity in this field. Gift voucher companies operate on the basis of an authorization issued by the Ministry of Public Finance.

The nominal value of the gift vouchers and the price of the vouchers will be paid by bank transfer to the issuing company before their delivery. Sodexo prints gift vouchers on the day the order was made. Delivery will be made the next day after they are paid. For example, if a customer sends the order in the morning and pays up to 12.00 PM, the delivery can be made theoretically the very next day. If the bank is late in transferring the money from the customer’s account to the issuing company’s account, the delivery delays one day. The delivery term is negotiated with the Sales Department when signing the contract.

Yes, gift vouchers can also be granted to minors of employees.

No, gift vouchers cannot be transformed in money.

Gift vouchers are nominal. This means they have a special section where the name and surname of the beneficiary must be entered, but also the personal numerical code.

Cadou Pass vouchers, offered by Sodexo, can be used in a network of approximately 67,000 locations across the country.

Employees who benefit from Cadou Pass vouchers have the opportunity to choose their own gift from the clothing stores, shoes, toys, electronics and home appliances, cosmetics, jewelery, books, sports items, furniture, decorations, fuel etc. included in this network.

How do I offer vouchers?

  • Any company can offer gift vouchers to employees by calling on a company specialized in such benefits.

  • You can choose a standard offer, which involves:

  • Print on the vouchers the face value and the client company’s identification info

  • Using secure paper

  • Pack and seal vouchers in a safety plastic envelope

  • Transport with a specialized courier and insurance of face value during transport

  • Delivery of vouchers to the address indicated (door-to-door)

  • Access to 20 Help Lines 021 204 46 46

  • Permanent legal and fiscal assistance

  • Communication of latest changes and news regarding the fringe and motivational benefits through the Info Pass newsletter dedicated to Sodexo partners

Extra-services galaxy

It's a perfect system for adapting Sodexo vouchers to your company's specifics, helping you save time and increase your company productivity:

Envelope - Packing vouchers in one sealed envelope for each employee / beneficiary

Nominal - voucher printing with name, surname and employee CNP

Text - printing a message on vouchers

Logo - printing a logo on vouchers

Compartis - dividing vouchers by departments / sections / offices

Compartis Pack - individual envelopes are packed into a sealed plastic package, for safe and easy handling, as part of the Compartis extra-service

Navigator - Dividing and delivering vouchers on geographical areas

Interaktiv - vouchers online ordering platform

Frequently asked questions

Unlike Cadou Pass vouchers, which can only be awarded in 4 moments of the year, Smart Pass incentive vouchers have another tax treatment, can be granted all year round and do not address employees or employees’ employees, but external sales teams.

Gift vouchers are benefits to be given on holidays, while lunch vouchers can be given on a monthly basis.

Gift vouchers can be used to purchase a wide range of products, from electronics and IT products to jewelry or HoReCa services. Only food can be purchased on the basis of meal receipts.

Yes, gift vouchers can also be granted to minors of employees.

No, gift vouchers cannot be transformed in money.

Gift vouchers are nominal. This means they have a special section where the name and surname of the beneficiary must be entered, but also the personal numerical code.

Employers interested in giving gift vouchers to employees on different holidays must contact an issuing company authorized by the Ministry of Public Finance.

All companies (commercial companies, autonomous companies, companies and national companies, budgetary institutions, cooperative units, other legal entities, and individuals who employ personnel on the basis of an individual labor contract) can benefit from the tax advantages and those related to Taxes related to Cadou Pass vouchers offered to employees according to the legislation, whether in the previous year they have gained or not.

 

 

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