Compt
The Easy Way to Offer Perk Stipends
Category:
Develop & Reward

Compt

The Easy Way to Offer Perk Stipends
Category:
Develop & Reward

Compt: The Easy Way to Offer Perk Stipends

During this time of the great resignation, employee retention and attraction is more important than ever. Offering employee perks is part of the solution. However, did you know that marketplace and card offerings are underutilized, resulting in about 5-20% total employee use? Compt enables you to easily offer ready-made and custom perk stipends that delight your employees without the administrative burden it... Read more
During this time of the great resignation, employee retention and attraction is more important than ever. Offering employee perks is part of the solution. However, did you know that marketplace and card offerings are underutilized, resulting in about 5-20% total employee use? Compt enables you to easily offer ready-made and custom perk stipends that delight your employees without the administrative burden it typically takes to manage an employee perk or stipend program - with 90% usage. You pick from 17 major categories of spending (e.g. health & wellness, learning & development, meal, cell phone) and invite your people to use their funds, while our software manages the rest. Compt keeps your employees regularly updated on their balance and usage information, maintains full tax compliance, and ensures your HR team has a central and easy-to-use platform to manage perks that’s inclusive and flexible to your business’ unique needs. Read less

Features and Benefits

Design the Perks Program That Works Best for Your Organization

Compt has streamlined the entire stipend process by making stipend creation simple. Build a stipend (or several) that best suits your budget, culture, and teams’ needs by browsing our comprehensive list of spending categories and grouping together the ones that apply to the stipend you want to create.

Stay Compliant with IRS Classifications

Our categories are segmented by taxability based on IRS classifications, so employees and employers can always stay on the right side of compliance.

Vendorless for ultimate personalization

No restrictive vendor catalogs here! Our industry-leading vendorless platform empowers your people to select whatever they need, from whatever source they prefer — from online stores to small local businesses, you can make it possible. Employees really do love it: on average, 90% of employees are active on Compt!

Employee Reward and Recognition

Instead of giving your team gift cards which is limiting or cash which is impersonal, tie your bonus programs to a perk stipend so employees can get what they want when they want it. With Compt, you can delight your people with bonuses for birthdays, work anniversaries, or sales incentives in just a few seconds, making your recognition more meaningful and personalized to the individual. To help you continue building a strong culture of employee recognition, you can now easily design and launch peer-to-peer and manager-to-employee bonus stipend programs!

Outstanding user experience & customer service

Our software is intuitive and fun to use, and our dedication to our customers’ success is unrivaled. We were the first lifestyle stipend software in the market which means there’s nobody that knows our customers and their challenges with perks better than us. There’s a reason our 91% of our customers renew every year.

Why Work with Compt?

We help you offer perks that work for everyone. You’ll be able to consolidate underutilized programs, create custom programs that align with values, minimize the administrative effort of managing many perks, and everyone (especially your finance team) will sleep comfortably knowing your fringe benefits are always tax compliant. We’re an HR tool built by HR people.

Offer Employees the Perks They Really Want.

Our industry-leading vendorless platform empowers your people to select whatever they need, from whatever source they prefer — from online stores to small local businesses, you can make it possible. Employees really do love it: on average, 90% of employees are active on Compt.

Integrate Seamlessly with ADP Workforce Now®

Compt integrates with ADP Workforce Now to share employee data between solutions. After you subscribe to Compt , we’ll instruct you on next steps to purchase the data connector to integrate your data. View the connector here.
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The Easy Way to Offer Perk Stipends

Compt enables you to easily offer ready-made and custom perk stipends that delight your employees without the administrative burden it typically takes... Read more

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