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The Smartum Exercise benefit is a tax-free way to take your employees’ well-being to the next level!

Across Finland, the Smartum exercise network includes over 10,000 activity locations that will accept Smartum payments for activities. Whether it’s pole dancing, racket sports or an armoured vehicle driving experience your employees are after, Smartum Exercise benefit makes well-being fun and easy.

You can choose either the electronic Smartum Saldo or the more traditional paper vouchers for the exercise benefit.

Smartum Exercise Saldo

  • Smartum Exercise Saldo offers an easy way of managing benefits. Everything happens online: ordering, informing employees, storing value and tracking. Only one Smartum account is needed for storing all employee benefits, whether they involve supporting physical exercise, cultural activities, or a healthy lunch.
  • Depending on the location, employees can use their exercise balance with SmartumPay-mobile application or online payment. SmartumPay is available for free download in app stores (Google Play Store and App Store). Until the end of 2020, you can pay with Smartum payment card, which is used to pay for the lunch just like any bank card.
  • The benefits are usable right away with the free SmartumPay application once the benefit has been loaded into employees’ accounts.
  • The exercise saldo stored in an employee’s Smartum account is valid for 15 months from the time the balance is stored.
  • As an employer, you can keep track of employees’ exercise balances in real time and make sure their benefits are never wasted. Any exercise benefits left over after the expiry date are returned to the employer’s Smartum account for redistribution to employees.

Smartum Exercise voucher

  • This traditional four-euro voucher is the right choice for employers who want to offer their employees more tangible benefits.
  • Smartum Exercise vouchers are delivered in bundles of ten vouchers. After you have placed an order via Smartum’s online service and approved your invoice, the vouchers will be sent to you.
  • The vouchers are valid for a minimum of 12 months. The Smartum Exercise vouchers on sale now are valid until 31st of December 2021.
  • Make administration easy and order personalised exercise vouchers. Read more about personalised vouchers here.

Support physical activities, it’s tax-free

Support your employees in their exercise activities and deduct the resulting expenses in full in your company’s income taxation. If you select Smartum’s exercise benefits, you have to provide them for all employees, not just some of them.

The employee can be expected to pay their own contribution for the Exercise benefits – this has been approved by the tax authority. With a contribution payment, you can make sure that your employee uses their benefits – only a benefit used can improve their well-being! See here for more information about the exercise benefit taxation.

Get your employees moving with the Smartum Exercise benefit!

Download Smartum Exercise benefit brochure.

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