Personalised and flexible compensation: offer Budgets to your employees
With Coverflex Budgets you can offer employees an amount and define what it can be used for: technological equipment, office supplies, training, and many other options.
Budgets are amounts that the company can grant to employees on a one-off, monthly or annual basis.
The company can personalise each Budget, defining the amount, who it is for, where it can be spent and how often it can be used.
When they have an expense for which the Budget can be used, employees can request the refund on the platform. Once the expense has been approved by the company, the employee receives the amount in their bank account.
When an employee is given an amount within the Budgets category, the company is simply telling them how much they can spend within a certain category.