Software Alternatives, Accelerators & Startups

Compt VS ThrivePass

Compare Compt VS ThrivePass and see what are their differences

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Compt logo Compt

Empower your team with Compt's Lifestyle Benefits—tailored, tax-compliant benefits that go beyond one-size-fits-all solutions to enhance personalization and reduce administrative strain.

ThrivePass logo ThrivePass

ThrivePass is a corporate wellness program in the form of a Wellness Savings Account.
  • Compt Compt Business Expenses Dashboard
    Compt Business Expenses Dashboard //
    2024-08-21
  • Compt Compt Stipend Activity Dashboard
    Compt Stipend Activity Dashboard //
    2024-08-21
  • Compt Compt Lifestyle Benefits Dashboard
    Compt Lifestyle Benefits Dashboard //
    2024-08-21
  • Compt Compt Team Recognition Dashboard
    Compt Team Recognition Dashboard //
    2024-08-21
  • Compt Compt Professional Development Pro TM
    Compt Professional Development Pro TM //
    2025-02-24

Compt redefines workplace compensation through our pioneering Lifestyle Benefits platform, designed to provide highly flexible, inclusive, and personalized employee benefits. In today’s evolving work environment, traditional benefits like fair pay and health insurance are just the starting point. To truly stand out, support your workforce, and retain top talent, offering benefits that resonate with individual lifestyles is crucial. Developed by seasoned HR professionals, Compt’s platform is both user-friendly and fully tax-compliant, ensuring a seamless integration into your existing systems.

Compt's stipend categories allow you to create a program that adapts to diverse employee needs, transforming how benefits are perceived and utilized within the company. Whether it’s wellness, family, continuous learning, or more, Compt enables every employee to choose benefits that matter most to them, enhancing satisfaction and loyalty.

Founded by an experienced leader with a background as a CFO and COO, and recognized by SHRM as the top HR Tech Platform, Compt is committed to setting new standards in employee benefits. Our approach not only wins the approval of HR departments but also earns the trust and appreciation of CFOs across industries.

Whether it's LSAs, rewards and recognition, business expenses, or professional development, Compt has you covered.

Choose Compt, where benefits meet the real-world needs of every employee, driving engagement and fostering a truly supportive workplace.

  • ThrivePass Landing page
    Landing page //
    2022-07-05

Compt

Website
compt.io
$ Details
paid
Platforms
ADP Sapling BambooHR Sequoia Paylocity Paychex Paycor Gusto TriNet Zenefits Rippling Kallidus Slack Okta Google
Release Date
2018 January
Startup details
Country
United States
City
Boston
Founder(s)
Amy Spurling

ThrivePass

Pricing URL
-
$ Details
-
Platforms
-
Release Date
-

Compt features and specs

  • Lifestyle Spending Account
    Flexible spending accounts that let employees choose perks that matter most to them, from fitness to family care to personal development.
  • Health & Wellness Stipend
    Empower employees to invest in their wellbeing with dedicated funds for gym memberships, mental health apps, fitness equipment, and wellness services.
  • Lifestyle benefits
    Customizable benefits that adapt to your employees' diverse needs and lifestyles, from entertainment to pet care to personal growth.
  • Professional Development Pro TM
    Accelerate career growth with dedicated funds for courses, certifications, conferences, and learning resources that advance professional skills.
  • Team Recognition
    Celebrate achievements and milestones with monetary rewards that strengthen team culture and boost morale.
  • Expense Management
    Simplify benefits administration with automated approval workflows, receipt tracking, and comprehensive spending analytics.
  • Taxable and Nontaxable perks
    Smart benefits administration that automatically categorizes and processes perks according to tax requirements, ensuring compliance.
  • Internet Reimbursement
    Support remote work productivity with automated internet expense coverage for distributed teams.
  • Cell Phone Reimbursement
    Streamline mobile device expense management with automatic reimbursements for work-related phone costs.
  • Anniversary or Birthday Bonus
    Recognize personal milestones with automated bonuses that show employees they're valued year after year.
  • Spot Bonus
    Instantly reward exceptional performance with on-the-spot monetary recognition that reinforces excellence.
  • Family Stipend
    Support work-life balance with flexible funds for childcare, eldercare, adoption, fertility treatments, and family needs.
  • Food Stipend
    Keep teams energized with meal allowances for office lunches, remote work, or team celebrations.
  • Remote Office Equipment Stipend
    Enable productive home offices with stipends for ergonomic furniture, tech equipment, and work-from-home essentials.
  • Employee Perks

ThrivePass features and specs

  • Comprehensive Employee Benefits
    ThrivePass offers a wide range of employee benefits covering wellness, professional development, and lifestyle perks, which can help enhance employee satisfaction and retention.
  • Customization
    The platform allows for a high degree of customization, enabling employers to tailor benefit offerings to suit the unique needs of their workforce.
  • Streamlined Administration
    ThrivePass provides centralized management for various employee benefits, reducing the administrative burden on HR departments.
  • User-Friendly Experience
    The platform is designed to be intuitive and user-friendly, making it easier for employees to access and manage their benefits.
  • Integration with Other Systems
    ThrivePass integrates with various HR systems and software, allowing for seamless data transfer and reducing potential discrepancies.

Possible disadvantages of ThrivePass

  • Cost
    The expense of implementing ThrivePass could be a concern for small to medium-sized businesses with limited budgets.
  • Complexity
    For businesses not familiar with digital benefits platforms, the initial setup and customization process might be perceived as complex and time-consuming.
  • Learning Curve
    Some employees and HR personnel might require training to fully utilize all features of the platform, which could be initially cumbersome.
  • Dependence on Digital Literacy
    Employees with limited digital literacy may find it challenging to use an online platform to access and manage their benefits effectively.
  • Potential Technical Issues
    As with any digital platform, there is a risk of technical issues which could temporarily disrupt access to employee benefits and create frustration.

Compt videos

Discover Compt: Personalized Employee Lifestyle Benefits for Modern Workplaces

ThrivePass videos

No ThrivePass videos yet. You could help us improve this page by suggesting one.

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Category Popularity

0-100% (relative to Compt and ThrivePass)
Employee Rewards And Recognition
Web
0 0%
100% 100
HR Tools
100 100%
0% 0
Healthcare
0 0%
100% 100

Questions and Answers

As answered by people managing Compt and ThrivePass.

What's the story behind your product?

Compt's answer

Compt was founded in 2018 with the vision of revolutionizing the employee benefits landscape by introducing a more personalized and flexible approach to benefits reimbursement.

Founder and CEO, Amy Spurling, also a 3-time former CFO and 2-time COO, recognized that traditional benefits programs often lacked customization and failed to address the diverse needs and preferences of employees. With this realization, she set out to create a platform that empowers employees to choose benefits that align with their individual lifestyles, ultimately leading to increased job satisfaction and engagement.

From its inception, Compt has aimed to provide a solution that not only benefits employees but also addresses the challenges faced by employers in managing and administering benefits. The platform is designed to be user-friendly and simplify the reimbursement process, integrating seamlessly with existing HR systems, and providing valuable insights into employee spending patterns.

As the company evolves, it continues to refine its offerings based on user feedback, industry trends, and the changing landscape of work. Today, Compt's platform consists of three pillars: stipends, rewards & recognition, and expense management.

Throughout its journey, Compt has focused on educating both employees and employers about the benefits of its personalized approach and the positive impact it has on company culture and employee well-being. Compt is a leader in the employee lifestyle benefits reimbursement space.

What makes your product unique?

Compt's answer

At Compt, we redefine employee benefits with our Lifestyle Benefits Reimbursement Platform, crafted to embrace personalization and flexibility. Our platform empowers employees to choose lifestyle benefits that truly resonate with their individual needs, driving unprecedented engagement and satisfaction.

What truly distinguishes Compt is our commitment to choice and simplicity. Without the hassle of managing vendors or cards, our platform grants employees the freedom to allocate funds across a broad spectrum of expenses. This flexibility not only enhances personal choice but also ensures that every employee can benefit in a way that makes sense for them. Our reimbursement model places the power directly in the hands of employees, allowing them to dictate how and when their benefits are used, all while navigating the complexities of IRS compliance with ease.

Integration with existing HR and payroll systems is seamless with Compt, significantly reducing administrative burdens. We also prioritize educational resources to help employees fully leverage their benefits, enhancing both understanding and utilization. Our platform offers valuable insights into spending trends, enabling employers to continuously adapt and improve their offerings.

With Compt, over 90% of users actively engage with their Lifestyle Spending Accounts, a testament to our platform's effectiveness and the tangible impact it has on employee morale and retention. Experience the Compt difference, where benefits are more than just perks—they're a personalized path to a happier, more fulfilled workforce.

Why should a person choose your product over its competitors?

Compt's answer

Compt stands out in the employee benefits landscape through our deeply personalized approach, empowering employees to customize their benefits to match their unique lifestyles. This personalization drives unparalleled satisfaction and engagement, as demonstrated by the diversity of choices our platform offers. In 2023, Compt users utilized their stipends at over 70,000 different vendors—a feat unmanageable in a traditional marketplace setup.

Our platform's user-friendly interface streamlines the reimbursement process, making tracking and managing spending effortless. For HR teams managing tight budgets, Compt merges stipends, rewards, recognition, and expense management into one integrated solution, providing all these services at a fraction of the cost of competing tools.

Seamless integration with existing HR systems boosts administrative efficiency, while our commitment to education ensures employees have the knowledge to maximize their benefits fully. Compt also provides valuable insights into spending trends, helping employers continuously tailor their benefits offerings to meet evolving needs.

For those who value customization, flexibility, ease of use, and insightful data, Compt represents the optimal choice in modern employee benefits platforms.

Who are some of the biggest customers of your product?

Compt's answer

-Masterclass -Carrot -VTS -Large Midwest Hospital Network (unnamed for privacy reasons) -Fictiv -Column -ButterflyMX -Large Commercial Consumption Manufacturer (unnamed for privacy reasons) -and more!

How would you describe your primary audience?

Compt's answer

Compt is crafted for HR professionals by those who know the industry best, ensuring our solutions align perfectly with the needs of those managing employee benefits. Our platform is also highly valued by finance teams for its efficiency and cost-effectiveness.

Our primary audience includes progressive companies committed to enhancing their employee benefits with innovative, adaptable solutions. These organizations prioritize customization and employee satisfaction to attract and retain top talent by providing benefits that align with individual preferences.

Compt is also an ideal choice for brokers and is recognized as a top trusted partner on the ADP Marketplace, highlighting our commitment to quality and trust in the professional space. Our platform caters exceptionally well to companies that value employee well-being, engagement, and a balanced work-life dynamic, and it is particularly suited for businesses with remote, hybrid, or globally distributed workforces.

Additionally, our solutions appeal to organizations looking for streamlined administrative processes and data-driven insights to optimize their benefits offerings. Overall, Compt's audience includes forward-thinking companies and industry professionals seeking to transcend traditional benefits models and implement truly responsive and tailored benefit solutions.

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What are some alternatives?

When comparing Compt and ThrivePass, you can also consider the following products

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Joon - A fun habit building app for kids

HelloBacsi - Hello Bacsi is the first and only health platform in Vietnam to receive the prestigious HONcode certification.

Guusto - Guusto is an easy-to-go and straightforward platform that helps companies to build their employee recognition and customer reward programs.

FHMatch - Fitness Health Match, a social media platform focused on connecting professionals specializing in fitness, health and wellness.