Compt: Build your employee rewards and recognition program with perk stipends
In today's labor market, employee retention and attraction are more important than ever. Offering employee perks is part of the solution. However, did you know that vendor 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...
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In today's labor market, employee retention and attraction are more important than ever. Offering employee perks is part of the solution. However, did you know that vendor 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 24 major categories of spending (e.g. health & wellness, learning & development, meal, cell phone) and invite your people to use their funds with any vendor of their choice, 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.
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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.
Personalize your employee rewards program
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!
Build a strong culture of employee 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!
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.
Simplify expense management.
You don't need separate tools to manage expense reimbursements and your perk stipends. Reimburse your employees for business expenses with Compt at a fraction of the price of dedicated expense management apps.
Expense Management
Consolidate your HR tech stack with Compt’s expense management feature. Employees can upload receipts and get reimbursed for business expenses at a fraction of the price of dedicated expense management apps.
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.
