Salary

Your monthly salary mainly consists of your basic salary and your Flex Budget.

The baremic salary is determined by de function class where your position is located and your professional experience.

The Flex Budget can be spent in the Flexible Reward Plan on the benefits of your choice. The budget not spent for a benefit of the extensive mobility offer, Flex ICT, Flex Pension Savings or Flex Holidays is paid out as gross Flex Cash at the same time as your basic salary.

NB! You don't get a 13th month. After all, a similar amount is integrated in the Flex Budget. If you do not choose benefits in the Flexible Reward Plan, the equivalent of a thirteenth month will be paid monthly in gross Flex Cash.

The Flex Budget that you can use to make your choices when opening the Flex Plan is based on your current situation at the time of the choice (Flex Budget and work regime).

You have your full Flex Budget available to choose benefits in the Flexible Reward Plan – insofar as it has not yet been spent on benefits from a previous Flexible Reward Plan.

If you opt for an advantage from the mobility offer (Flex Car, Flex Bike, Flex B-Parking, Flex Upgrade 1st Class), Flex ICT and/or Flex Pension Savings, you will receive a discount of 25% on the cost of the chosen benefit.

If you do not choose a Flex benefit from the mobility offer, Flex ICT, Flex Pension Savings or Flex Holidays, you will be paid your full Flex Budget in gross monthly Flex Cash. If you opt for one or more of the benefits mentioned above, the unspent part of your Flex Budget will also be paid out in this way.

However, also keep in mind that your Flex Budgetnotwill be indexed, which is of course the case with your base salary.

Click below for an overview of the various options:

People Services

Flex Bike

Who can opt for a Flex Bike? You can opt for a Flex Bike in the Flexible Reward Plan if you:

• have a contract of indefinite duration,

• on an annual basis at least 10% of your home-work trips

You can now order a Flex Bike or Flex Car all year round.

Cycling to work is becoming increasingly popular and has many benefits. It's good for your health, you never need to look for a parking space, you're never caught in a traffic jam and it contributes to a greener environment. For those reasons, ING decided to enter into a partnership with Ubike. Thanks to this partnership we can make available a varied offering of bicycles.

Please note! Choosing a Flex Bike means that you are in full agreement with the ING Flex Bike Policy (cfr document FR/NL) and that you do at least 10% of your home-work travel (all or part of the journey) by Flex Bike on an annual basis.

What are you choosing for?

You are choosing a bike, a Flex Bike, in a Ubike selling point, called Ushops, for which you will finance the renting via your Flex Budget. The Flex Bike and the accessories that go along with it will be at your disposal for 36 months, after which you will become its definitive owner via the payment of the of social and fiscal charges on the benefit in kind.

You can only dispose of one Flex Bike at the time.

More information can be found on the People Services portal.

Flex Pension Savings

You can use part of your flex budget to later receive a repayment of your own investment in a pension savings fund, eg ING Star Fund . Third-pillar pension savings products from other banks or insurance companies are also eligible. Life insurance policies are not eligible.

More information can be found on the People Services portal

Flex IT

You may choose a maximum of one tablet and one smartphone every two years. At first, the device will be ‘made available’ to you for 24 months before you acquire final ownership of it. You may choose a smartphone and/or tablet yourself from our catalogue. The cost of the smartphone/tablet includes the purchase price, shipping costs and social contributions. You will receive a 25% discount off the total cost.

Did you know you can get a free mobile subscription that you can use with your Flex Smartphone or your private phone?

The cost price of the smartphone/tablet includes the purchase price, shipping costs and social contribution. Please note: to choose a Flex Smartphone, you must first have an ING Mobile4All subscription. If you don't have it yet, you have to order it yourself via Vandenabeele. Read more about ING Mobile4All, the free subscription for mobile communication. How do I order a tablet? All offered devices can be found in DOTS. Choose the desired device in DOTS and confirm your choice by clicking on "Send your choice definitively" on the "My choice" screen. This benefit is automatically approved and cannot be cancelled. For a tablet, the monthly benefit in kind amounts to 3 euros.

More information can be found on the People Services portal.

Flex Holidays

You can use Flex Budget to acquire a maximum of 10 days of Flex Holidays, in proportion to your work regime at the time of choice (regardless of whether you change your work regime later). One Flex Holiday equals 7 hours. 24 min unless you work in a 4x9 hour work regime, then it's 9 hours. Example: if you work at 50%, you can choose a maximum of 5 days of Flex Holidays. You must take the Flex Holidays before 31 December of year X. They are non-payable and non-transferable to the next year, unless the annual holiday bill is applied. Senior Managers enjoy "Unlimited Holidays" and therefore cannot opt for additional leave days in the Flexible Reward Plan.

Days not taken are non-refundable or non-transferable.

More information can be found on the People Services portal.

Flex B-Parking

Do you have a train subscription for your commute? Have you always wanted to come to work by train? You can now also opt for a B parking subscription at the departure station of your route as part of the Flexible Reward Plan. B-parking is a parking lot at a Belgian train station. View the list of eligible B car parks. The B-parking subscription is compulsorily linked to an annual train subscription that starts on 1 January. Cost of the benefit : A fixed cost of 30 euros per month is charged for the annual B-parking subscription. There is a 25% discount on that price. This means that a monthly amount of 22.5 euros will be charged on your Flex Budget. You finance this benefit for 1 year. Please note: if you choose this benefit, you must activate the B-parking subscription (as well as the new train subscription from 1 January) at an NMBS counter. If you do not do this, the costs of the benefit will still be charged to your Flex Budget for the entire year. Inquire at the station if there is a waiting list for the desired parking. Is there a waiting list? Then unfortunately you cannot opt for this advantage.

More information can be found on the People Services portal.

Flex Upgrade 1st Class

Do you have a train subscription for your commute? Have you always wanted to come to work by train? You can now also opt for an upgrade of your train subscription to 1st class as part of the Flexible Reward Plan. As standard, ING already pays an annual season ticket for the second class train for all employees who use the train as their main means of transport. Cost of the benefit : There is a fixed cost of 65 euros per month for the upgrade to first class. There is a 25% discount on that price. This means that 48.75 euros will be charged on your Flex Budget every month. You finance this benefit for 1 year. Note: if you choose this benefit you must activate your new train subscription yourself at an NMBS counter. If you do not do this, the costs of the benefit will still be charged to your Flex Budget for the entire year.

More information can be found on the People Services portal

Flex Car

All employees can benefit from a lease car under the Flexible Reward Plan depending on their Flex Budget and their needs. These cars are named “Flex Cars”.

We distinguish 2 types of Flex Cars:

➢ Flex Cars for employees who are entitled to the unlimited fuel card and to an additional Flex Budget (1st type);

➢ Flex Cars for employees who are entitled to the limited fuel card (2nd type). Only one lease car per employee can be allocated.

The Flex Budget, expressed on a monthly basis, finances the lease cost of the car, including the CO2 contribution and VAT. The lease cost is final at the time of effective delivery of the vehicle. An employee can exceed his Flex Budget through a personal net contribution per month. This contribution is called: surplus renting.

More information can be found on the People Services portal

MedExel

All ING employees with an open-ended contract can take out health insurance for themselves and their family members, for which MedExel is the intermediary. ING intervenes in the contribution for this insurance. This way your personal contribution remains limited.More information about health insurance.

From January 1, 2023 you can now also choose to finance your own contribution via the Flexible Reward Plan by choosing the benefitFlex Health. By paying the contribution with your Flex Budget, the net cost decreases.