Employee perks, rewards, and expenses for small business
You work hard to grow and scale your business. Keep your company's greatest asset - your employees - delighted with perks to help your company attract, engage and retain a happy and engaged workforce. Plus, simplify reimbursement for business expenses, saving you time and money.
Meet Compt, the all-in-one perk management solution that helps companies create and manage employee stipend programs based on the unique needs of a company and its employees.
Competing with larger organizations, which often provide larger salaries and comprehensive benefit plans, can be nearly impossible. Plus, deciding upon which benefits will appeal to prospective and current employees is no small feat. Consider the following:
How can you provide your employees with meaningful benefits that will keep them happy and supported?
How can your company stand out amongst other employers' benefits and perks programs?
How can you track the engagement and use of the benefits you provide to ensure your employees are not only being offered something they can use but are also motivated to use them?
What is Compt?
Compt is employee perks management software that helps companies - large and small - build and streamline perk stipends to offer customized perks for employees while being flexible and scalable for HR.
Central to the Compt software are perk stipends, a sum of money given to employees dedicated to lifestyle benefits. These perks might include things such as a wellness benefit perk or a learning and development perk.
The variety and customization of perk categories available within the Compt software make the possibilities endless for both employer and employee.
Enable peer-to-peer or manager-to-employee recognition to add another layer of rewards. Or streamline business expenses like travel and per diem in just a few clicks.
Plus, unlike other perks software solutions on the market, with Compt, companies can offer perks and rewards that are both taxed and untaxed, ensuring IRS compliance.
Instead of managing every perk and vendor individually, create a customizable program that is easy to use, scale, and manage.
Offer perks for everyone.
Compt's Lifestyle Spending Accounts help you support everyone equally, whether they're a single city-dweller, married with kids in the suburbs, or anybody in between.
Align perks to your company's culture and values.
Make your perks strategic by aligning them with your company's mission, values, and goals.
Gain a competitive advantage.
Companies that use Compt have greater employee engagement and satisfaction with perks.
Recession-proof perks that scale up or down.
With your employees purchasing their perks, the process is the same whether you have 10 employees or 1,000.
Ensure 100% IRS compliance.
Ensure full tax compliance with your perks so you and your CFO can rest easy.
Why Companies turn to Compt
To provide unique and flexible lifestyle benefits
Skip vendor recruitment and management altogether. Compt can help you set up and manage an entirely personalized perk program that aligns with your business goals and employee needs.
To consolidate existing programs
Get rid of the manual payroll reimbursement process for stipends and expenses; it's a pain for HR and disengages employees. With Compt, your investment and support are more visible, and employees are actively satisfied.
As an add-on for supplemental perks
Offering every perk in the market through different vendors is impossible. With Compt, you can achieve 100% personalization. Add supplemental stipends to an existing program, like a family or well-being stipend.
It's been a really easy and fun way to offer perks to our employees, which has added to the experience [they are] having. It's low lift on the HR side, which goes a long way with employees.
Leslie Neitzel
CHRO, Carrot
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.
Jared Littlejohn
Solutions Associate, Midaxo Employee User
Compt lets us say “yes” to the varied requests we get for perks by putting the choice in the individual team members’ court.
Heather Doshay
VP of People, formerly Webflow
Get your Employee Perks Program Set-up and Running in Three Easy Steps
Compt also provides real-time data and insights about employee perk usage and overall engagement, making it easy to identify trends and adjust stipend programs as needed.
1. Program Design
You choose the perk categories you want to offer (e.g., health & wellness, remote work, food, or a combination), time frame, and spending amount.
2. Invite Your People
Invite your team to start using their perks. Our software empowers your people to easily access all of their information, eliminating the volume of questions HR receives regarding balances or qualifying expenses.
Compt makes it easy for employees to simply upload a photo of their perk receipt as they spend, and with just two clicks, you can download a monthly report for payroll.
We integrate with your existing tools
Ready to see how Employee Perk Stipends through Compt can help your company?
Employee perks are a staple of companies’ strategic approach to attracting, engaging, and retaining top talent. The one-size-fits-all benefit solutions that constrain users to a specific vendor are a thing of the past, not to mention the laborious and manual administrative processes to manage them.
Speak with a Compt team member today to discuss your company's goals and challenges with perks, and to see if Lifestyle Spending Accounts can help you achieve greater success.
