The meal voucher company Monizze has announced the acquisition of Brussels-based HR start-up Offr to advise employers about remuneration and social benefits.
A study conducted by Monizze shows that 40% of small and medium-sized enterprises (SMEs) do not offer personalised benefits to employees due to a lack of time and resources. This is in spite of the fact that 80% of SMEs want a more practical approach to flexible compensation.
In this context, Monizze has decided to acquire Offr, which has developed a tool to optimise SMEs' remuneration and employee benefits policies since its establishment three years ago.
"The tool allows employers to simulate salary offers and lets employees quickly see their net salary based on selected benefits," said Monizze CEO Jean-Louis Van Houwe.
Changing governmental policies
The acquisition of Offr comes at a pivotal moment. The new Federal Government's coalition agreement plans to make mobility budgets accessible to all company car users and simplify meal voucher plans.
Offr's founders believe this collaboration will "better support our existing clients and all companies in efforts to increase workers' purchasing power while offering more salary flexibility."
In the coming weeks, Offr will become a new unit within Monizze. "It will be a co-construction on equal footing. We will quickly analyse how to integrate their product to offer the best on the market," Van Houwe noted.
