What does it mean? 🤔
Warrants via Optiniti are an alternative to the traditional cash payout of your budget within Payflip. You can choose to convert (part of) your budget into warrants, which you can later sell via Optiniti’s tOption platform.
This way, you make optimal use of your available budget.
How does it work? 🔁
In Payflip, you indicate how many warrants you want to purchase with your budget.
Step by step: payout via warrants:
Select Warrants via Optiniti under "Cash & savings" in your Payflip tool
Enter the number of warrants you want to purchase
Choose the budget you want to use to finance the warrants
Add your choice to your shopping cart and confirm
Your employer approves the request
You receive the payout in the month you sell your warrants
On the allocation date, Optiniti will send you all the information and instructions to log in to the tOption platform, where you can manage and sell your warrants.
⚠️ You can convert a maximum of 20% of your total annual salary into warrants.
Financials 💰
The budget impact for this choice is calculated as follows:
Total purchase price of warrants + service fee
The big advantage of choosing warrants is that no social security contributions are due on the value of the warrants (neither by the employer nor the employee). Only withholding tax applies.
Example
If you choose 1,000 EUR worth of warrants in Payflip, and a 5% service fee applies:
Opting for a cash payout? After all deductions, you'll receive about 390 EUR net.
Opting for a payout via warrants? After all deductions (only withholding tax), you’ll receive about 570 EUR net.
💸 In this example, the financial benefit of choosing warrants is around 185 EUR net.
⚠️ The above is a simulation assuming the purchase price of a warrant is identical to the sale price.
Questions about warrant plans? 📊
For specific questions about warrant plans or more information about how Optiniti works, feel free to contact them directly at [email protected].