An innovative user experience for companies and workers
One card and one app for the employee to manage and spend benefits, a transparent and easy platform for the company - and an improved experience for all.
A new way of managing benefits digital and innovative
for companies
Online self-service
Quick and easy to implement, with no intermediary! Register your company, choose which plan is right for you and set a budget. After just a few days, the Coverflex card will already be in your employee's hands, and all you'll have to do is top up the welfare budget to allow them to start taking advantage of their benefits.
Compare how much you can save
Paycheck
Performance bonus
Company Wefare
Amount
Company Cost
1 323€
Net to the employee
658€
Amount
Company Cost
1 323€
Net to the employee
658€
Amount
Company Cost
1 323€
Net to the employee
658€
for companies and employees
Cost optimisation and fiscal savings
The most cost-effective solution for companies of any size, that want to offer an improved employee experience, while containing labor costs and rewarding performance.
The values on the image are merely average percentages, without limitations.
for employees
Benefit always at hand
With Coverflex, users receive a voucher card that allows them to spend their fringe budget freely. They can also use an app to monitor their remaining balance and access exclusive discounts.
Compensation in the right way: yours
Coverflex allows you to decide how to use your benefits flexibly, adapting to your needs. A solution created to be accessible to everyone.
Trusted by over 7.000 companies and 150.000 employees
How does the Coverflex welfare work? What benefits does it include?
With Coverflex Welfare, your company makes a budget available for different types of benefits. On the personal page the employee can find: - Fringe, benefits that allow you to purchase products of different product categories through the Coverflex Voucher Card; - Free time, a budget to spend on your favorite activities using the Coverflex Voucher Card; - Public transport, which allows you to claim reimbursements for public transport expenses for yourself or your dependents; - Education, to request reimbursement of education expenses for you and your family; - Family assistance, with which you can request reimbursements for health assistance services for members of your family over 75 or who are not self-sufficient.
What are Fringe benefits? How can they be used?
Fringe benefits are non-cash compensation that add to ordinary compensation and are tax-exempt if they respect the limits established by law. Currently, for employees without children, this threshold is €1.000 while it becomes €2.000 for employees with dependents.
With Fringe benefits, it is possible to shop on major e-commerce platforms and in stores (yes, even the trusted store around the corner!) using the Coverflex Voucher Card. You can buy fashion and accessories, personal care products, games and clothing for children, home accessories, DIY tools, books, technology, gaming, and everything needed for pets.
What are Recreational benefits? How can they be used?
Recreational benefits are a category of corporate welfare that allow you to purchase various services using the Coverflex Voucher Card. This type of benefit is tax-free with no maximum spending limit.
With the Recreational benefits it is possible to purchase overnight stays, plane or train tickets, holiday packages; subscriptions to your favorite streaming services, online and offline training courses and museum admissions; services dedicated to the physical and mental health of the whole family, gym memberships… and much more!
Can the company decide which welfare categories to give to employees? How?
Yes, it is possible to activate and deactivate the various types of welfare benefits for employees. However, the modification will be valid for everyone: it is not possible to choose which welfare categories a single employee can access. But the beauty of using Coverflex is that employees can be free to use their welfare as they see fit: unless there are specific tax reasons, therefore, our advice is to leave the choice to them.
What are the tax benefits of the Coverflex welfare plan?
As provided for by art. 95, paragraph 1, TUIR, it is possible to deduct from the company's income all expenses incurred in cash or in-kind for employee work, including those related to the provision of welfare benefits. Click here to find out how much you can save.
Where can the Coverflex Voucher Card be used?
The Coverflex Voucher Card can be used in major online stores, in stores, and at services that accept Visa cards. The important thing is that they belong to the categories provided for by welfare legislation.
What are the three welfare typologies present in the company dashboard?
There are three types of welfare in the company dashboard: - On top: a sum that is added to the salary. In this case, it is the company that freely chooses to include a welfare plan in its structure; - PdR: it is the conversion of the performance bonus, obtainable if there is a second-level agreement with the union. In this case, the company offers employees the opportunity to choose whether to convert the performance bonus into welfare bonuses or have it in their paycheck; - CCNL: national contracts can regulate the allocation of funds for employees. It is necessary to choose one of the three welfare plans available.
To better understand which is the best choice, it is possible to contact our dedicated consultants or discuss it with your labor consultant, who will suggest the best tax solution for the company. Employees will only see the total balance and can spend their budget as they prefer, in the welfare categories that the company decides to activate.
Is it possible to assign different budgets to individual employees?
For the Fringe category, it is possible to provide different amounts for different employees, always respecting the limits established by current regulations. For the Recreational category, however, the amounts must be defined by a company regulation and are assigned homogeneously: it is not possible to distribute different amounts to individual employees.