SMART PASS – Incentive vouchers

Incentive vouchers for sales teams and commercial force.

Ask for offer here
Smart Pass, Sodexo vouchers

SMART PASS – Incentive vouchers

Incentive vouchers for sales teams and commercial force.

Ask for offer here

SMART PASS

Smart Pass incentive vouchers are the most efficient and comfortable solution to have an incentive for your teams to achieve professional or commercial objectives, to reward performance and to offer prizes to your most successful partners.

O

Zero tax for beneficiaries if they are offered in prizes at sales competitions

O

Zero salary taxes for the company and teams receiving vouchers

67.000

Over 67.000 partner merchants who accept the vouchers

100%

Deductible for marketing, comercials and advertising expenses

Incentive vouchers

  • Smart Pass incentive vouchers represent a non-cash reward solution for business partners and are, at the same time, useful tools to motivate collaborators and strengthen the relationship with them.

  • Incentive vouchers are a simple way for a company to motivate external teams to achieve professional or commercial goals, to reward success and provide an incentive to top performers.

Stages of obtaining Smart Pass vouchers:

Step 1

Fill in the contact form

Step 2

Create the contract for Smart Pass

Step 3

Personalize and order vouchers

Step 4

Offer Smart Pass to your teams

Step 1

Fill in the contact form

Step 2

Create the contract for Smart Pass

Step 3

Personalize and order vouchers

Step 4

Offer Smart Pass to your teams

I want to offer Smart Pass vouchers

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

The company buys Sodexo vouchers and offers it to business partners

Beneficiaries use the vouchers for shopping

Merchants reimburse the vouchers, and Sodexo pays them the price

Smart Pass FAQ

Incentive tickets do not have a monthly character, they can be granted whenever the company decides to do so. They can be used on certain occasions – holidays, anniversaries – or when a certain goal has been met.

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.

Regarding the tax treatment of incentive vouchers, the law provides that:

  • Gift vouchers granted for protocol expense are deductible within the 2% limit applied to the accounting profit plus the corporation tax expense and protocol expenses. Article 25, paragraph (3) let. a) Law 227/2015 regarding the Fiscal Code (3) The following expenditures have limited deductibility: a) protocol expenses within the limit of a 2% quota applied to the accounting profit plus the corporation tax expenses and the protocol expenses. Within the protocol expenses are included the expenditures registered with the value added tax collected according to the provisions of the title VII, for the gifts offered by the taxpayer, with a value exceeding 100 lei.

 

  • Gift vouchers granted for marketing campaigns, market research, promotion on existing or new markets, advertising and advertising expenses have unlimited deductibility subject to the general criteria for the deductibility of expenses in the case of corporate tax payers. In the direct relationship with the beneficiary of the gift vouchers granted, which does not have a contractual relationship with the entity granting these vouchers, it is necessary to deduct the income tax as well as the fulfillment of all declaratory obligations regarding the income of the non-salaried individuals who occasionally obtain this type of income. Art. 25, paragraph (1), Law 227/2015 regarding the Fiscal Code (1) For the purpose of determining the fiscal result, the expenditures incurred for the purpose of carrying out the economic activity, including those regulated by the normative acts in force, shall be regarded as deductible expenses.

Incentive vouchers have, according to the law, a value of 10 lei or a multiple of 10 but not more than 50 lei.

A company can award incentive vouchers several times.

No, incentive vouchers can only be used for shopping.

Incentive vouchers are nominal.

Yes, law no. 193 of May 17, 2006 regarding the granting of gift vouchers and vouchers is the one that regulates incentive vouchers. According to the law, commercial companies, autonomous administrations, companies and national companies, budget institutions, cooperative units, other legal entities, and individuals can provide such vouchers.

At the same time, the law also mentions that these vouchers can be used for marketing campaigns, market research, promotion on existing or new markets, protocol, advertising and publicity expenses, and social spending.

Incentive tickets can be used in the approximately 67,000 stores that have partnered with Sodexo.

Beneficiaries advantages

  • Those who receive incentive vouchers have advantages such as:

    With Smart Pass incentive vouchers, each customer has the freedom to choose the desired items from a network of approximately 67,000 stores across the country.

  • Vouchers beneficiaries have access to stores with: clothing, footwear, toys, electronics & home appliances, cosmetics, jewelry, books, sports items, furniture, decorations, fuel, etc.

  • Those who receive the vouchers in the envelope can also enjoy discount coupons in various stores.

What do Smart Pass vouchers beneficiaries ask?

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.

Incentive vouchers have, according to the law, a value of 10 lei or a multiple of 10 but not more than 50 lei.

No, incentive vouchers can only be used for shopping.

Incentive vouchers are nominal.

Incentive tickets can be used in the approximately 67,000 stores that have partnered with Sodexo.

Company benefits

  • Companies running incentive programs for their partners enjoy a number of benefits, such as:

    Strengthening relationships with business partners

  • Optimizing the administrative costs allocated for the purchase and storage of classic gifts used for incentives and protocol

  • The ability to customize vouchers with various messages or logos of the company that offers them.

  • Amounts provided as Smart Pass incentive vouchers are exempt from payroll taxes (the company only pays 16% income tax on behalf of the beneficiary by retaining at source). If the amount offered in Smart Pass incentive vouchers is a prize for a contest and is up to 600 lei / event / person, this is exempt from paying the 16% tax.

How do you obtain Smart Pass for your teams or partners?

Step 1

Fill in the contact form

Step 2

Create the contract for Smart Pass

Step 3

Personalize and order vouchers

Step 4

Offer Smart Pass to your teams

Step 1

Fill in the contact form

Step 2

Create the contract for Smart Pass

Step 3

Personalize and order vouchers

Step 4

Offer Smart Pass to your teams

What should companies know about Smart Pass incentive 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%.

Incentive tickets do not have a monthly character, they can be granted whenever the company decides to do so. They can be used on certain occasions – holidays, anniversaries – or when a certain goal has been met.

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.

Regarding the tax treatment of incentive vouchers, the law provides that:

  • Gift vouchers granted for protocol expense are deductible within the 2% limit applied to the accounting profit plus the corporation tax expense and protocol expenses. Article 25, paragraph (3) let. a) Law 227/2015 regarding the Fiscal Code (3) The following expenditures have limited deductibility: a) protocol expenses within the limit of a 2% quota applied to the accounting profit plus the corporation tax expenses and the protocol expenses. Within the protocol expenses are included the expenditures registered with the value added tax collected according to the provisions of the title VII, for the gifts offered by the taxpayer, with a value exceeding 100 lei.

 

  • Gift vouchers granted for marketing campaigns, market research, promotion on existing or new markets, advertising and advertising expenses have unlimited deductibility subject to the general criteria for the deductibility of expenses in the case of corporate tax payers. In the direct relationship with the beneficiary of the gift vouchers granted, which does not have a contractual relationship with the entity granting these vouchers, it is necessary to deduct the income tax as well as the fulfillment of all declaratory obligations regarding the income of the non-salaried individuals who occasionally obtain this type of income. Art. 25, paragraph (1), Law 227/2015 regarding the Fiscal Code (1) For the purpose of determining the fiscal result, the expenditures incurred for the purpose of carrying out the economic activity, including those regulated by the normative acts in force, shall be regarded as deductible expenses.

A company can award incentive vouchers several times.

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.

Yes, law no. 193 of May 17, 2006 regarding the granting of gift vouchers and vouchers is the one that regulates incentive vouchers. According to the law, commercial companies, autonomous administrations, companies and national companies, budget institutions, cooperative units, other legal entities, and individuals can provide such vouchers.

At the same time, the law also mentions that these vouchers can be used for marketing campaigns, market research, promotion on existing or new markets, protocol, advertising and publicity expenses, and social spending.

Incentive tickets can be used in the approximately 67,000 stores that have partnered with Sodexo.

Merchants benefits

  • Merchants who accept Smart Pass incentive vouchers are:

    increasing sales volume

  • increasing profits

  • maintaining a high flow of customers

  • promoting the store among consumers

  • managing the sales in a simple, efficient and safe manner.

What do you need to know if you want to accept Smart Pass at your location?

Step 1

Fill in the contact form

Step 2

Create the contract for accepting Smart Pass

Step 3

Display the Smart Pass in your location

Step 4

Train your employees and make your customers happy

Step 1

Fill in the contact form

Step 2

Create the contract for accepting Smart Pass

Step 3

Display the Smart Pass in your location

Step 4

Train your employees and make your customers happy

See questions about Smart Pass vouchers:

Incentive tickets can be used in the approximately 67,000 stores that have partnered with Sodexo.

Yes, law no. 193 of May 17, 2006 regarding the granting of gift vouchers and vouchers is the one that regulates incentive vouchers. According to the law, commercial companies, autonomous administrations, companies and national companies, budget institutions, cooperative units, other legal entities, and individuals can provide such vouchers.

At the same time, the law also mentions that these vouchers can be used for marketing campaigns, market research, promotion on existing or new markets, protocol, advertising and publicity expenses, and social spending.

Yes, incentive vouchers are nominal.

Your browser is out-of-date!

Update your browser to view this website correctly. Update my browser now

×