become.1
become.1 is an employee benefits platform that simplifies the management of tax-compliant benefits by allowing employers to allocate flexible budgets for their employees. This approach enables employees to choose personalized benefits, resulting in potential savings of up to 50% on net salary through tax exemptions on these benefits.
- Enterprise Software
- HR Technology
- Software Only
Funding
Raised to date
$3.7MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many companies struggle to offer employee benefits that are both tax-compliant and personalized, leading to dissatisfaction among employees and potential loss of savings for both employers and employees. Managing diverse benefits programs can be complex and time-consuming for HR departments.
Solution
become.1 is an employee benefits platform that simplifies the management of tax-optimized benefits by allowing employers to allocate flexible budgets to their employees. Employees can then choose the benefits that best suit their individual needs, such as meal allowances, mobility budgets, or vouchers. The platform automates the integration of benefits into payroll systems, ensuring compliance and reducing administrative overhead. By offering personalized benefits, companies can improve employee satisfaction and potentially save on taxes and social security contributions.
Target Audience
The primary target audience includes companies of all sizes looking to optimize their employee benefits programs, HR departments seeking to reduce administrative burden, and employees who desire personalized and tax-advantaged benefits.
Features
- Flexible budget allocation for employees to choose personalized benefits
- Integration with HRM systems like Personio and payroll systems like DATEV
- Digital vouchers for over 100 partner brands
- Regional card for sustainable purchases
- Centralized budget for meals, mobility, and health expenses
- Management of benefits such as meal allowances, mobility budgets, and tax-free vouchers
- Employee self-service portal for easy benefit selection and management
- Compliance with tax regulations and automated payroll integration