Compt, the #1 lifestyle benefits platform for personalized and compliant employee stipends, and PerkSpot, a leading employee discount platform, today announced the launch of Employee Discounts, powered by PerkSpot — a built-in experience that gives employees access to 15,000+ unique discounts from 1,000+ trusted brands they already love, right inside Compt.
With this launch, companies can stretch every lifestyle stipend dollar further without adding another vendor, portal, or login. Employees get immediate savings on large and small purchases across categories like fitness, food, travel, tech, and family life, while HR keeps the flexibility and tax compliance of open-ended stipends.
This is the first integrated solution that combines reimbursement-based lifestyle benefits with an embedded employee discount experience. It gives your teams freedom of choice and valuable deals, all in one platform. And with unprecedented high everyday costs and tight budgets in every household, employees really need benefits that make a real impact right now.
95% of workers say their current wage has not kept up with inflation and the rising cost of living, underscoring the need for benefits that meaningfully support financial wellness.
The new Employee Discounts feature lives inside a dedicated “Discounts” page in Compt. Employees can browse featured deals and securely access the full PerkSpot marketplace via SSO.
There are no extra contracts or implementation projects for HR; if you’re already using Compt for Lifestyle Spending Accounts (LSAs), Rewards and Recognition, Professional Development Pro™, or Business Expense Management, you can simply turn Employee Discounts on at no additional cost.
Employee discounts made simple: save more, with no extra vendors
Traditional employee discount portals often mean yet another link buried in an intranet, another vendor to manage, and another login for employees to remember. Usage generally remains low and the benefit rarely feels connected to the rest of your program.
With Employee Discounts, powered by PerkSpot, savings show up in the same place employees already go to:
- Browse eligible reimbursement categories
- Submit receipts for lifestyle stipends and/or business expenses
- Recognize their peers and redeem recognition rewards
- Buy company swag and branded gear with their swag stipend
PerkSpot’s network powers thousands of curated deals across 25+ categories. Employees can discover offers from brands like Nike, Apple, HelloFresh, AMC, BetterHelp, Samsung, Marriott, Jeep, and more, and in many cases save between 20-60% on everyday purchases. Some deals, like movie tickets and auto care vouchers, can be purchased directly inside Compt thanks to PerkSpot’s embedded in-app offers.
Behind the scenes, Compt keeps everything organized by stipend, budget, and tax treatment. HR and Finance get a single source of truth, now with discounts included, without changing anything about payroll or adding more tools.
Top ways HR teams use Employee Discounts
Employee Discounts is designed to support the same life moments and categories you already fund through stipends — now with extra savings baked in.
Here are a few common use cases:
- Everyday financial wellness: Help employees stretch their paychecks with savings on groceries, apparel, electronics, and more. With nationwide high costs and both personal and organizational budgets looking tight for the year ahead, adding discounts is a visible, tangible form of employee support.
- Health and wellness programs: Pair your wellness stipend with discounts on gym memberships, fitness apps, mental health services, sports equipment, and healthy meal kits. By submitting an already-discounted receipt for reimbursement, employees get more clear value from the benefits they already have.
- Learning and growth: Combine professional development stipends with discounts on online courses, books, and learning subscriptions. Like with wellness above, stipends cover the cost; discounts make them go further.
- Family and lifestyle support: Offer savings on travel, family entertainment, and everyday essentials that matter to caregivers, remote employees, and distributed teams.
- Recognition and spot bonuses: When employees receive a spot bonus or recognition stipend through Compt, they can also discover deals on experiences and items they might use that money on. This turns a single reward into multiple moments of impact.
Because everything runs inside Compt, HR doesn’t have to promote “yet another benefits portal.” Employees can naturally take advantage of discounts when using the platform to access the stipends and rewards they already know about.
What savings actually look like for employees
Savings vary by merchant and category, but here are examples based on typical PerkSpot offers and common stipend scenarios:
- Fitness and wellness: An employee with a $100/month fitness subscription finds a score: 25% off via Employee Discounts! They submit their discounted receipt for reimbursement via their wellness stipend allowance, and rather than using the entire stipend on one purchase, they save $25 to use on other eligible wellness purchases.
- Family movie night: A family of four sees two movies a month, using discounted tickets that save $5-$10 per ticket. That’s up to $80 per month in savings, and the tickets themselves may still be reimbursable under a family, entertainment, or Treat Yourself stipend category.
- Weekend travel: An avid traveler books a $500 hotel through a travel discount at 20% off. That’s $100 saved on a single trip, on top of any eligible stipend reimbursements.
- Auto care: An employee buys discounted oil changes or service vouchers for 15% off, and then submits receipts against a commuting or Treat Yourself stipend, thereby stacking savings without any additional costs to your benefits program.
These are the kinds of real-world moments employees remember — and talk about — when they think about your benefits.
Stack even more value with reward points
On top of built-in savings and stipend reimbursements, employees can also earn and redeem reward points on select deals in the Discounts experience. It’s an effortless way to stretch their lifestyle stipend dollars even further.
How reward points work
Employees earn reward points on qualifying purchases through the Discounts portal. Points vary by deal, and balances are automatically tracked inside PerkSpot.
- 100 reward points = $1.00 in savings.
- Points can be redeemed on 240+ brands (including gift cards).
- Redemption works directly in the portal, with no codes or extra accounts required.
Ways employees can use reward points
- Save money and get rewarded. When your employees purchase from participating merchants, they automatically earn points redeemable for future discounts.
- Stack savings even more. Employees can redeem their points for gift cards at their favorite stores and combine those gift cards with an available deal in the Discounts portal.
- Stretch those paychecks. Employees can use reward points to further reduce the cost of purchases they already plan to make. Over time, this becomes a powerful way to turn monthly spending into noticeable savings.
Not every discount includes reward points. But those that do offer an additional boost that helps employees feel the immediate impact of your lifestyle benefits program.
Why this works better than typical employee discount portals
Most employee discount programs force a tradeoff:
- Locked-in marketplaces with limited vendors and rigid catalogs
OR
- Open stipends with flexibility, but no built-in savings
With Employee Discounts, powered by PerkSpot, you don’t have to choose.
- Built in, not bolted on: Discounts live directly inside the Compt platform alongside stipends, Rewards and Recognition, company swag, and Business Expense Management. (Who needs more vendor reviews on their plate? Not you, that’s who.)
- Freedom first, discounts second: Employees can still spend their stipends at any eligible merchant. Discounts are optional — think of them as a bonus, not a walled garden.
- One program, more value: HR and Finance still see all stipend activity in one place, making it easier to show the ROI of your lifestyle benefits program without fragmenting your tech stack.
This launch reinforces Compt’s reimbursement-first approach while adding curated savings for the brands employees already use, which is a combination most lifestyle benefits providers can’t offer today. Think of it as a marketplace without walls — employees get all the freedom of open reimbursement, plus the convenience of curated deals.
“Rising everyday costs are putting real pressure on employees, and HR teams are expected to do more with the same budget. By partnering with PerkSpot, we’re giving companies a way to turn every lifestyle stipend into more buying power, without adding another tool or compromising the flexibility employees love.”
— Amy Spurling, Founder and CEO, Compt
See how Employee Discounts work
Ready to see Employee Discounts in action?
Request a demo to explore how Compt + PerkSpot can help your team:
- Stretch lifestyle stipends and LSAs further.
- Support employees’ financial wellness in a tangible, everyday way.
- Offer 15,000+ unique deals from 1,000+ trusted brands without adding vendors, logins, contracts, workflows, or complexity.
Interested and already a Compt customer? (Thank you!) Talk to your Customer Success Manager about adding Employee Discounts to your existing lifestyle benefits program.
FAQs: Employee Discounts, powered by PerkSpot
Employee Discounts is available to customers using Compt for Lifestyle Spending Accounts (LSAs), Rewards and Recognition, Professional Development Pro, or Business Expense Management, and are included as a part of eligible plans. There’s no separate subscription for discounts; it’s simply another way to add value to your lifestyle benefits program with us.
Do employees need a separate login or account?
No. Employees can access the Discounts page directly in Compt and are automatically signed in to the PerkSpot experience via secure SSO. There are no new additional usernames, passwords, or onboarding/implementation flows to manage.
Does this replace our stipends or LSAs?
Not at all. Compt remains a reimbursement-first lifestyle benefits platform. Stipends and LSAs remain the core of your program; Employee Discounts is simply an enhancement that helps those dollars go further. Employees can still submit eligible expenses from any vendor, anywhere.
What’s the benefit of offering stipends vs. corporate discounts?
Stipends and discounts solve different problems, and we’ve found they work best together.
Stipends give employees flexible, employer-funded budgets they can use on what matters most, across wellness, learning, family, and more. They’re personalized and visible, which is why they tend to drive higher perceived value and participation.
Corporate discounts help employees stretch both their paychecks and stipends further, but on their own, they can feel like generic perk portals.
With Compt, you don’t have to pick. You fund lifestyle stipends, then layer discounts on top to boost purchasing power and show employees you’re supporting them from multiple angles.
What’s the difference between offering a wellness stipend and negotiating separate gym discounts, and which usually drives higher employee engagement?
Negotiated gym discounts can be great, but they’re inherently narrow:
-They only help people who want a gym membership.
-They may exclude employees in different regions or with different accessibility needs.
-They can be hard to manage across locations and vendors.
A wellness stipend managed through Compt is broader and more inclusive. Employees can choose what wellness means to them, whether that’s gym memberships, yoga classes, therapy, meditation apps, home equipment, supplements, groceries, meal kits, or even supportive gear for hobbies that keep them active. That flexibility is why stipends usually win on engagement: more people can participate in ways that feel authentic to their lives.
With Employee Discounts, HR teams get the best of both: A flexible wellness stipend that works for everyone, plus discounts that make gym memberships, wellness apps, and equipment more affordable for the employees who want them.
How much can employees realistically save?
Savings vary by brand and category, but many offers fall in the 20-60% off range. When paired with stipends, it’s common for employees to feel like they are getting significantly more value than the dollar amount you allocate, especially for recurring expenses like fitness, streaming apps, and family entertainment.
Are the Employee Discounts available globally?
Many PerkSpot offers are available internationally, and coverage continues to expand. Because Compt already supports companies and employees in 75+ countries, discount usage can be layered into existing global stipend policies without additional vendors or workflows.
