Addressing the dynamic needs of all employees while keeping them engaged and feeling supported is no small feat.
It can require numerous hours reviewing employee engagement survey data, various discussions with benefit providers and an undue administrative burden for HR and Finance teams administering and managing employee benefits offerings.
How can a large organization solve this?
We help companies build and streamline perk stipends that offer personalized perks for employees while being flexible and scalable for HR.
We're an HR tool built by HR people.
Benefits of managing perk stipends with Compt
Perks stipends give your people a customized employee experience while also meeting the evolving needs of a multigenerational, multicultural, and location diverse workforce.
We're a vendorless platform, which means employees don’t have constraints on which services or items they choose. Employees can use the vendor of their choice as long as the vendor’s services fall within the perk stipend category you've chosen.
1. Keep employees happy with the perks they want
Take the guesswork out of trying to pick the perks that will appeal to most of your employees. Instead, appeal to all your employees with employee perk stipends. With Compt, employees can choose their most meaningful perks, leading to a happier, more engaged, and productive workforce.
Unlike other perk management software, Compt allows for both taxed and untaxed perk stipends, making it easier for employees to utilize the perks they want.
2. We alleviate the administrative burden and time spent managing perks
Streamline managing employee perks with an intuitive software platform that provides real-time reporting on employee adoption and engagement.
Plus, Compt allows you to streamline the perks administration and monthly maintenance. This means you have more time to spend on more strategic initiatives.
3. We automate tax compliance
Correctly accounting for and taxing your employees for perks is a job in itself.
With Compt, we automatically categorize the perk categories as taxed or untaxed for you, with all the data and receipts stored securely so your finance team has everything they need when it comes time for their annual audit.
4. We're the cost-effective solution
By consolidating your lower-engagement perks into perks stipends, you can add more value without adding more money. Or you can add Compt as a way to round out an already-stellar program, by adding personalization.
And unlike other platforms, Compt has no per-user fee and simple fixed price plans that work with your budget as you grow.
"There is no shortage of expense reimbursement platforms out there; these tools are a dime a dozen. However, there wasn’t a tool that specifically said, 'Corporate perks aren’t as simple as reimbursing employees; there’s more to think about."
CFO and Compt Customer
"Compt lets us say “yes” to the varied requests we get for perks by putting the choice in the individual team members’ court."
VP of People, Webflow
"This perk has allowed me to spend time with the people I care about. Because of this perk, I was able to expense a flight home to surprise my mom for her birthday. That's priceless."
Solutions Associate, Midaxo Employee User
Plus, we have data integrations with major payroll providers
Don't see yours on the list? Get in touch to see if it's one of the many in the works.