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Development 12 November 2015

€7.5 billion in favor of meals thanks to the meal voucher

Five decades after the introduction of meal vouchers, a survey by Alternatives Economiques on behalf of the service vouchers issuers trade association explains their three-fold success.

In 2014 in France, 3.8 million employees used 763 million meal vouchers representing a total value of €5.8 billion. In the course of 50 years, this means of paying for employees' meals, used by 140,000 companies, 78 % of which have fewer than 25 employees, has become comparable with company canteens in terms of scale.
Meal vouchers have created an industry that generates wealth and jobs and that has become a vehicle projecting the French economy and its social model in more than 40 countries worldwide.
A success founded on the original system that has allowed meal vouchers to grow, and on the services that they render. Meal vouchers are a win-win-win tool in terms of employees social benefits, wellness as well as on an economic level.

  • On the social front, they restore and guarantee a form of equality between employees.
  • In terms of wellness, meal vouchers provide access to quality meals, which are good for employees' health and for the organization of their working day. This contributes to improved employee performance during their working day.
  • On the economic level, meal vouchers make a significant contribution to the vitality and to employment in the catering business. It actively participates to regional economic development.

And elsewhere around the world?    

Edenred offers Ticket Restaurant® solutions in 30 countries to enable employees to eat lunch at restaurants. In most of the Group's host countries, Edenred's subsidiaries undertake studies to verify the benefits of its model for the entire ecosystem: employees, businesses, restaurants and States.
For example, the Finnish subsidiary recently demonstrated that tax exemptions for meal vouchers are quickly paid off through their positive impact on Finnish employment.

Read the results of the study undertaken by the Oxford Research Institute

    

About

Edenred is a leading digital platform for services and payments and the everyday companion for people at work, connecting more than 52 million users and 2 million partner merchants in 45 countries via close to 1 million corporate clients.

Edenred offers specific-purpose payment solutions for food (such as meal benefits), incentives (such as gift cards, employee engagement platforms), mobility (such as multi-energy, maintenance, toll, parking and commuter solutions) and corporate payments (such as virtual cards). 

True to the Group’s purpose, “Enrich connections. For good.”, these solutions enhance users’ well-being and purchasing power. They improve companies’ attractiveness and efficiency, and vitalize the employment market and the local economy. They also foster access to healthier food, more environmentally friendly products and softer mobility.

Edenred’s 12,000 employees are committed to making the world of work a connected ecosystem that is safer, more efficient and more responsible every day. 
In 2022, thanks to its global technology assets, the Group managed some €38 billion in business volume, primarily carried out via mobile applications, online platforms and cards.

Edenred is listed on the Euronext Paris stock exchange and included in the following indices: CAC 40 ESG, CAC Next 20, CAC Large 60, Euronext 100, FTSE4Good and MSCI Europe.

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