Your compensation,
your way.

Flexible and personal compensation management in the palm of your hands. Unlock more options and value to spend on what suits you best.
Employee Compensation Calculator
Location
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Do you have kids in your family?
Do you already have a meal allowance?
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Daily value
Days
Vencimento Base
Outros rendimentos isentos
How much allocated to Gross Salary?
1 200€
How much allocated to Coverflex Wallet?
1 200€
Your Annual net gain
!
How much Coverflex Wallet increases your net compensation per year
{[{ result.net_gain | ceil }]}€
No benefits
Coverflex
Employee Total Compensation
Monthly

{[{ input.base + result.benefits_plan + result.subsidio_refeicao | currency: '€' }]}
{[{ input.base + input.outros_IRS_SS + result.subsidio_refeicao| currency: '€' }]}
Gross Salary
{[{ input.base*14 + input.outros_IRS_SS*14 | ceil }]}€
{[{ input.base * 14 | ceil }]}€
Coverflex Benefits
0€
{[{ result.benefits_plan*12 | ceil }]}€
Gross Salary
Monthly
{[{ input.base + input.outros_IRS_SS | currency: '€' }]}
{[{ input.base | currency: '€' }]}
Meal Allowance
{[{ result.subsidio_refeicao*11 | ceil }]}€
{[{ result.subsidio_refeicao*11 | ceil }]}€
Employee Compensation
!
A lower Gross Salary has a lower IRS taxation. For a simper display of calc’s the twelfth are included.
{[{ input.base*14 + input.outros_IRS_SS*14 + result.subsidio_refeicao*11 | ceil }]}€
{[{ input.base*14 + result.benefits_plan*12 + result.subsidio_refeicao*11 | ceil }]}€
outros_IRS_SS
{[{ input.outros_IRS_SS | currency: '€' }]}
rendimento tributável
{[{ result.tributavel | currency: '€' }]}
{[{ result.tributavel_coverflex | currency: '€' }]}
Duodécimos
{[{ result.subsidios | currency: '€' }]}
{[{ result.subsidios_coverflex | currency: '€' }]}
taxa IRS (rendimentos)
{[{ result.taxa * 100 | number: '2' }]}%
{[{ result.taxa_coverflex * 100 | number: '2' }]}%
taxa IRS (duodécimos)
{[{ result.taxa_de_duodecimos * 100 | number: '2' }]}%
{[{ result.taxa_de_duodecimos_coverflex * 100 | number: '2' }]}%
tributavel IRS
{[{ result.tributavel | currency: '€' }]}
{[{ result.tributavel_coverflex | currency: '€' }]}
tributavel SS
{[{ result.incidencia | currency: '€' }]}
{[{ result.incidencia_coverflex | currency: '€' }]}
IRS
-{[{ result.retencao*12 | ceil }]}€
-{[{ result.retencao_coverflex*12 | ceil }]}€
Social Security
-{[{ result.seg_social*12 | ceil }]}€
-{[{ result.seg_social_coverflex*12 | ceil }]}€
Employee Taxes
!
Assuming the salary is paid including twelfth and taxes are according to monthly income (gross salary and 50% of Coverflex Benefits with IRS exemption)
{[{ result.total_taxas*12 | ceil }]}€
{[{ result.total_taxas_coverflex*12 | ceil }]}€
Employee net compensation
!
The expected amount the employee will receive after taxes, according to IRS Retention Tables 2021.
{[{ result.valor_liquido*12 | ceil }]}€
{[{ result.valor_liquido_coverflex*12 | ceil }]}€
Company cost
{[{ result.custo_total_empresa*12 | ceil }]}€
{[{ result.custo_total_empresa_coverflex*12 | ceil }]}€
One card. One app.
The same card and app to spend both your benefits and meal budgets.
available on:
Meal allowance
Pay for meals, groceries, take-away and online orders everywhere that accepts VISA.
Benefits
Choose and pay for your benefits with your Coverflex Wallet on the go.
Insurance
Easily add your family to your health insurance policy or upgrade your coverage.
Gain access to exclusive discounts
Special prices on top of your fiscal benefits. It’s a double win! Learn more in your app.
How people are using Coverflex
Examples of amounts spent annually with respective fiscal savings
!
"Assumption of IRS of 21.5% for 2021 (single person, 0 kids) for a monthly gross salary of 2 000€"
Online meal purchase
600€
Net Gain
193€
Social Security Exempt
IRS Exempt
Joana M. 33 Marketing
Joana gets her lunch delivered to her home by ordering online and paying with her Coverflex card.
Retirement & Investment
1 200€
Net Gain
132€
Social Security Exempt
IRS Exempt
Barbara 29 Designer
Barbara invested part of her available value in a Retirement & Investment product for a period decided by her.
Childcare voucher
3 600€
Net Gain
1 156 €
Social Security Exempt
IRS Exempt
Sam T. 45 Operations
Sam pays for her kids’ school directly using the Coverflex app in a few seconds, and without more worries.
Gym
600€
Net Gain
66€
Social Security Exempt
IRS Exempt
Maria 33 Developer
Maria pays for a monthly subscription at her favourite local gym by swiping her Coverflex card.
Pharmacies
300€
Net Gain
33€
Social Security Exempt
IRS Exempt
Sara 38 Accounting
Sara buys special products and medication at the pharmacy close to her work and pays with her Coverflex card.
Technology
500€
Net Gain
161€
Social Security Exempt
IRS Exempt
Mike T. 24 Sales
Mike bought noise-cancelling, video-call friendly headphones paid with Coverflex card without advancing money from his salary. 
The flexibility of use
Save up to 30% on things you already spend on
Meal Allowance
IRS Exempt
SS Exempt

Restaurants in the VISA network
Online food delivery and take-away
Grocery stores and supermarkets in the VISA network

Technology
IRS Exempt
SS Exempt

Apple (+ VAT exempt)
Other tech stores

Coverflex Childcare
IRS Exempt
SS Exempt

Childcare Vouchers Coverflex network

Transport Card
IRS Exempt
SS Exempt

Monthly subscription of transport company:
Carris
Metro
Andante

Gym & Fitness
SS Exempt

Gyms
Fitness Centers
Pools
Dance schools

Professional Training
IRS Exempt
SS Exempt

Polytechnic
Universities
Language schools
Study centers
(employee only)

Retirement & Investment
SS Exempt

Real Vida PPR Serie 4

Health & Well-being
SS Exempt

Pharmaciese & parapharmacies
Hospitals & Clinics
Analysis labs
Dentists & Ophthalmologists
Optical stores

Senior Expenses
SS Exempt

Day Care Centers
Senior Residencies

School Expenses
SS Exempt

School
Polytechnic
Universities
Language schools
Study centers

Education
SS Exempt

Bookstores
Polytechnic
Universities
Language schools
Study centers

Insurance
IRS Exempt
SS Exempt

Add your family to the company policy
Upgrade your insurance

Easy, intuitive onboarding experience

Set up in 3 steps

Download the Coverflex app
Sign up and confirm your personal info
Order and activate your card
We’ll send it your way
Just start using
Take advantage of Coverflex
available on:
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