Compt: The most simple, scalable, and compliant employee stipends platform
Stop paying for perks that go unused and start driving a 93% average participation rate with Compt.
Traditional employee benefits are often rigid, difficult to scale, and an administrative nightmare to manage. Compt transforms the experience with a simple, scalable, and tax-compliant platform that automates the entire stipend lifecycle. Our all-in-one solution allows you to offer 10x the perks with...Read more
Traditional employee benefits are often rigid, difficult to scale, and an administrative nightmare to manage. Compt transforms the experience with a simple, scalable, and tax-compliant platform that automates the entire stipend lifecycle. Our all-in-one solution allows you to offer 10x the perks with...
Stop paying for perks that go unused and start driving a 93% average participation rate with Compt.
Traditional employee benefits are often rigid, difficult to scale, and an administrative nightmare to manage. Compt transforms the experience with a simple, scalable, and tax-compliant platform that automates the entire stipend lifecycle. Our all-in-one solution allows you to offer 10x the perks with 0x the extra work.
Compt simplifies benefits management by consolidating six core products into one seamless experience:
Stipends & Lifestyle Spending Accounts (LSAs): Flexible stipends for wellness, family, internet, equipment, and more.
Discounts: A portal for employees to save up to 60% on their favorite brands.
Rewards and Recognition: Peer-to-peer and manager-led recognition programs.
Professional Development Pro: Automated workflows for tuition and learning requests.
Company Swag Stores: On-demand, globally distributed branded gear.
Business Expenses: Streamlined tracking for ad hoc reimbursements.
With robust reporting and total transparency, Compt makes it simple to boost engagement and foster a culture of well-being without increasing your administrative headcount. Discover the future of employee benefits where choice and flexibility meet absolute efficiency.Read less
Traditional employee benefits are often rigid, difficult to scale, and an administrative nightmare to manage. Compt transforms the experience with a simple, scalable, and tax-compliant platform that automates the entire stipend lifecycle. Our all-in-one solution allows you to offer 10x the perks with 0x the extra work.
Compt simplifies benefits management by consolidating six core products into one seamless experience:
Stipends & Lifestyle Spending Accounts (LSAs): Flexible stipends for wellness, family, internet, equipment, and more.
Discounts: A portal for employees to save up to 60% on their favorite brands.
Rewards and Recognition: Peer-to-peer and manager-led recognition programs.
Professional Development Pro: Automated workflows for tuition and learning requests.
Company Swag Stores: On-demand, globally distributed branded gear.
Business Expenses: Streamlined tracking for ad hoc reimbursements.
With robust reporting and total transparency, Compt makes it simple to boost engagement and foster a culture of well-being without increasing your administrative headcount. Discover the future of employee benefits where choice and flexibility meet absolute efficiency.
Features and Benefits
Design the benefits program that works best for your company
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. Choosing from our comprehensive list of 27 spending categories (food, health & wellness, family, professional development, and many more) ensures your benefits package resonates with your workforce.
Robust integrations
Compt integrates effortlessly with your existing systems - HR, payroll, and communication tools including ADP Workforce Now® and ADP TotalSource® - ensuring a smooth transition and minimal disruption.
These easy integrations mean you can manage benefits within your current framework, reducing administrative burdens while improving efficiency. So spend less time wrestling with technology and more time focusing on your people.
Insights at your fingertips
Gain valuable insights into how your team uses their benefits ensuring transparency and accountability. With Compt's easy-to-use reporting tools, you can make informed decisions about your benefits program while demonstrating the value of these programs to your stakeholders.
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.
Quick implementation
Launch your personalized benefits program quickly and easily. Our straightforward process means you can start offering lifestyle benefits to your team without long wait times (in 2 weeks even!), complicated setup procedures, or complex onboarding (<30 minutes).
Personalize your employee benefits program
No restrictive vendor catalogs here! Our vendorless platform empowers your people to select whatever they need, from whatever source they prefer — from online stores to small local businesses. This flexibility leads to happier employees – with 93% actively using Compt!
Our platform had claims from over 70,000 vendors from our users in 2023. That shows the real power of lifestyle benefit programs. And how they can cater to individual needs.
Build a strong culture of employee recognition
Instead of giving your team a gift card which is limiting or cash which is impersonal, tie your bonus programs to a perk stipend so employees can reimburse 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 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.
Simplify expense management
Simplify your financial processes by managing both benefit stipends and business expenses in one place. Reimburse your employees for business expenses with Compt at a fraction of the price of dedicated expense management apps.
Global Reach, Rapid Launch
Used in all 50 states and 75+ countries, our platform can support your custom program, going live in as little as two weeks.
Commitment to Responsible AI
Together with ADP Marketplace, our company is committed to the responsible use of AI. When incorporating AI into our product(s), we have agreed to comply with ADP Marketplace’s AI principles focused on human oversight, monitoring, privacy, explainability, transparency, and mitigating bias. Learn more here.
The services are provided by an independent third party and not provided by ADP and ADP is not responsible for such third party’s products or services.
