Skip to main content
All CollectionsI'm an adminBudgets πŸ’°Basics
Payflip budgets: Explore your options πŸ’°
Payflip budgets: Explore your options πŸ’°

This article provides a complete overview of the budgets you can choose to customize the Payflip package you offer to your employees.

Sofia Van Rijckevorsel avatar
Written by Sofia Van Rijckevorsel
Updated over a month ago

Ready to transform your company's compensation game?

Let's talk about those variable parts of your employees' salaries - you know, the ones that usually get hit hard by the Belgian tax hammer. We're talking end-of-year premiums, bonuses, mobility budgets, and those cool thematic budgets. πŸ’Έ

With Payflip's Flex Plan, you can turn those heavily taxed components into a treasure trove of tax-friendly benefits. And the best part? You can manage it all in one place!

Imagine offering your team a single, sleek platform where they can view and manage ALL their variable salary parts. No more juggling systems or drowning in paperwork. Just Payflip - your one-stop-shop for flexible compensation magic!

By centralizing these options in Payflip, you're not just simplifying your HR processes - you're giving your employees the power to tailor their compensation package to their lifestyle. It's a win-win!

Ready to be the HR hero your company needs? Let's Payflip your budgets and watch employee satisfaction soar! πŸš€πŸ’œ


What are the budgets possible in Payflip?

Scroll to the right to view the full table.

In this tasty overview, you'll discover:

  • A buffet of budgets, neatly sorted into wallet-friendly categories 🍱

  • The inside scoop on why each budget is a must-have for your Flex Plan 🀫

  • The easy-peasy steps to get these budget-boosters rolling πŸ€

BUDGETS πŸ’°

WHY OFFERING IT?

BENEFITS RELATED TO THIS BUDGET 🎁

REQUIREMENTS TO GET STARTED ❗️

End-of-year premium

Turn that year-end cash splash into a personalized perk party! πŸŽ‰ Let your team choose benefits they'll actually use. Happy employees, happy company!

  • All benefits (except the ones specifically related to the Mobility Budget)

Eligibility check required!

Your Joint Committee needs to allow the flexibilisation of the end-of-year premium offered to your employees.

Request this new budget via the blue button and answer some questions. We will assess whether you can implement such budget. βœ…

Bonus

(f.e. performance bonus, quarterly bonus, sales commission, referral bonus, etc.)

Why settle for a one-time money drop when you can offer a treasure trove of choices? πŸ’Ž Transform bonuses into lasting benefits that keep on giving!

  • All benefits (except the ones specifically related to the Mobility Budget)

Request this new budget via the blue button and answer some questions. This budget will be added to your plan in no time! πŸš€
​

Mobility Budget

Ditch the one-size-fits-all commute! πŸš²πŸš—πŸš† Give your team the freedom to choose how they move. It's not just travel, it's life-style-travel!

  • Reimbursement of mobility expenses (pillar 2)

  • Reimbursement of housing costs (pillar 2)

N.B. : We do not offer the pillar 1 benefits in Payflip, but it is just a matter of time. ⏳

Eligibility check required!

  • You must offer company cars to your employees (or at least provide one company car to one employee)

  • The timing of when the company car is made available is crucial πŸ“†

Let's check that together! Request this new budget via the blue button and answer some questions. We will assess whether you can implement such budget. βœ…

IT budget

(f.e. smartphone budget)

Empower your team with tailor-made budget! πŸ“±πŸŽ“

  • Related benefit (f.e. smartphone and accessories, for the smartphone budget)

No specific actions needed to get it started!
​
Request this new budget via the blue button and answer some questions. This budget will be added to your plan in no time! πŸš€

How can I add new budget(s) in my Payflip Plan?

Ready to add some awesome new perks? Here's your super-easy guide to requesting new budgets:

  1. Hop into your Payflip tool πŸ’»

  2. Spot that cool blue button? Click it! πŸ”΅

  3. Go to 'messages' > 'send us a message' and start a new conversation with Flip - our chatbot.

  4. Then you chose 'I am an admin' > new benefit' ✌️

  5. Follow the magic flow and watch the budgets grow! 🌱

It's that simple! In just a few clicks, you'll be on your way to building an even more amazing flex plan. Your employees will be doing happy dances in no time! πŸ’ƒπŸ•Ί

So, what are you waiting for? Dive in and start flexing those budgets muscles! πŸ’ͺ✨

Did this answer your question?