Portfolio company spotlight
Why we invested in Yourcampus
Personalized compensation management for all
Employee attraction and retention are a sustained problem for organizations of all shapes and sizes. Compensation plays an important factor in tackling this. However, increasing gross salaries is expensive and often not sustainable. Therefore, organizations are more and more making use of government schemes enabling the use tax beneficial compensation offerings such as mobility, mental and physical well-being, etc.
The administrative burden that HR teams are faced with when trying to apply these schemes pushes them to opt for one-size-fits-all solutions such as a gym subscription or a leasing bike. As compensation is meant to adhere to the personal preferences of employees, which are individualistic and often not constant through time, these solutions do not adhere to all employees' wants and needs. As a result, the perceived value of these compensation components decreases and thus limits the impact on employee attraction and retention.
Yourcampus built the solution that addresses these issues. They created a legislation-agnostic platform that offers organizations the tools to offer employees personalized compensation packages without the administrative hassle. The back end couples into the organization's HR and accounting platform, and the front end exposes a wide set of compensation options to employees out of which they can choose to tailor their needs and wants.
The agnostic architecture of the platform allows for the integration of other non-cash compensation components such as pension plans and holiday allowances. This enables Yourcampus' ultimate goal of becoming the one-stop-shop for payslip insights and management, finally offering a digital version of the payslip.
Yourcampus is founded by an experienced team of SaaS professionals. The combination of their diverse skillset is the magic sauce to the company and was immediately apparent when we first met them.
We're happy to be part of their journey and are looking forward to witnessing their next steps in disrupting how we manage our compensation, both as an employer and employee.