Ever wished you could customize your salary package just like picking items from a menu? That's exactly what flexible rewards lets you do!

With Payflip, you get more out of your salary package! That's it. 🎯

Thanks to the Payflip tool, parts of your classic salary package (thirteenth month, bonus, referral bonus, etc.) are now transformed into budgets.

These budgets reflect the employer cost of the underlying salary element. On top of the gross amount of, for example, a thirteenth month, your budget also includes the employer’s mandatory social security contributions (28%) that your employer is required to pay.

So you actually get more!

You can spend these budgets on a list of benefits that your employer has carefully put together for you (a so-called 'cafeteria plan'). This allows you to deviate from the traditional, heavily taxed cash payout of your salary package! 💜

How Does It Work? 🎯

Through your employer's flexible rewards plan, you can transform parts of your 'traditional salary' (typically your bonus and/or end-of-year premium) into benefits that bring you more satisfaction. Think of it as your personal salary shopping experience!

Your Budget 💰

You'll receive a budget to spend in your flexible rewards plan. This budget reflects the total employer cost, which means you get more value than a regular cash payment would give you.

Key Benefits ⭐

1. Freedom of Choice

You're in the driver's seat! Create a salary package that matches YOUR needs
Choose from a variety of benefits your employer has made available
Even the decision to participate is entirely up to you

2. Financial Advantage 🏆

By converting your gross salary into benefits, you'll pay less in social security contributions and taxes
Example: Converting a €1,000 year-end premium into an (electric) bike could save you more than €700 compared to receiving it in cash!

Available Benefits 🎁

Standard options typically include:

IT equipment (PC, smartphone, tablet, and accessories) 💻
Bike lease 🚴‍♀️
Individual pension savings reimbursement 💰
Health insurance for family members 🏥
Extra vacation days 🏖️

Important Considerations 🚨

Social Security Rights

Most choices in the flexible rewards plan reduce social security contributions
Impact on pension and unemployment rights is usually minimal if your monthly gross salary stays above €2,700

Ownership of Benefits

Benefits aren't immediately your property
Example: A €500 smartphone remains company property for 2 years
After the period ends, you can purchase it for a percentage of the original value (minimum 20%)