Challenge: balancing expansion with employee satisfaction<\/h2>\n\n\n\n
Growing rapidly, Carrot wanted to attract talent in the middle of a tight labor market coming out of the pandemic when talent was at a premium. \u201cWe wanted to make sure we could be as competitive as possible,\u201d says Leslie.<\/strong> <\/p>\n\n\n\n New employees would purchase laptops and submit expense reports. Neitzel says, \u201dit was getting unmanageable for how fast we were hiring.\u201d <\/strong>Instead of using a more traditional expense management system, Carrot wanted a stipend management tool. <\/p>\n\n\n\n And because Carrot\u2019s team was fully remote, HR couldn’t offer in-office perks like breakfast or coffee. Carrot wanted to give employees flexibility instead of offering a gift card to Grubhub on a monthly basis. \u201dWhat if someone didn\u2019t want that?\u201d, explains Neitzel.<\/strong> <\/p>\n\n\n\n Neitzel tried various benefit management solutions, but they all lacked:<\/p>\n\n\n\n After extensive research on offering employees fringe benefits, reimbursements, and stipends, Neitzel found Compt. The platform’s ease of use and handling of pre-tax and post-tax nuances were impressive. \u201cI don\u2019t want my employees to struggle with using a benefit, whatever it is. It needed to be seamless for us and the employee,\u201d Leslie emphasized.<\/strong><\/p>\n<\/div>\n\n\n\n Now with Compt, Carrot offers its remote team benefits that help them be more productive including:<\/p>\n\n\n\n In two weeks, Carrot was able to roll out the platform to the team and keep communication open with Confluence articles explaining benefits to employees.<\/p>\n\n\n\n While launching employee stipends, Carrot sent various drip campaigns and reminders. They also use a Slack channel How I Compt, which is a great way to give people ideas on how to use their stipends.<\/p>\n\n\n\nWhat next: exploring solutions<\/h2>\n\n\n\n
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Solution: the breakthrough<\/h2>\n\n\n\n
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Results: impact in action<\/h2>\n\n\n\n
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