Bonus tickets sales might go up by 30 pct due to school year start, says Up Romania

Newsroom 06/09/2016 | 12:31

Bonus tickets sales for employees might go up by 30 percent at the beginning of school year, compared with 2015 when the sales grew by 20 percent, compared with 2014, according to Up Romania, part of the global service vouchers company.

According to the current Fiscal Code, companies can give their employees bonus tickets also for special events, that can be established in every firm through the collective labor contract or the internal regulation, as it is the beginning of the school year, together with the other events-Christmas, Easter, March 8 and June 1. The companies that give bonus tickets to the employees aiming to buy supply and necessary objects for the beginning of the school year, won’t pay social contributions if the event is stipulated in the collective labor contract or in the internal regulation. The employees will pay the affiliated taxes, no matter the tickets value.

“The beginning of the school year is an event that puts a lot of pressure on any family’s budget and it’s good moment for employers to show they care about employees, but also about the educational act of their children.

The bonus tickets offered with this occasion creates a big attachment employee-employer, being also an act of social responsibility of every company, “ said Elena Pap, general director of Up Romania.

This is the third year in row in which bonus tickets register growths for every event that the companies can give this kind of bonus. UP Romania’s data shows that for the events from the first semester of the year, the bonus tickets sales grew by almost 70 percent compared with 2015.