Key points at a glance
- Getting more out of salaries: with Swibeco, the platform for flexible and tax-free employee benefits, you offer your employees tax-free incentives, discounts that never expire and offers from more than 400 top brands.
- Show appreciation: whether it’s for a birthday or service anniversary – with the digital rewards system, you show your employees your appreciation and increase your appeal as an employer. This can make it easier for you to attract and retain the best talent for longer.
- Advantages of AXA: As an AXA customer, you benefit from exclusive special terms for using the Swibeco platform.
What advantages does Swibeco offer my company?
- Added value for your team: give your employees a comprehensive offering of flexible benefits - from lunch and gift budgets to mobility, health and wellbeing, leisure and vacation benefits. They also benefit from exclusive discounts from more than 400 top brands. This way, you permanently increase your team’s purchasing power and satisfaction levels.
- More efficiency for your business: with tax free incentives from Swibeco, you increase the value of your employees’ salaries, while at the same time lowering your incidental wage costs and demonstrably simplifying your HR processes. These benefits are an attractive alternative to salary increases - for more purchasing power, motivation and commitment in your team.
- Easy, centralized administration of all employee benefits: Swibeco is an online platform so it does not need to be installed. Do you have your own company discounts or partner agreements? You can also integrate and display them on your Swibeco platform.
- Special offer thanks to AXA: companies with an AXA insurance policy benefit from a discount on usage and license fees from the benefits and discount platform.
How does Swibeco work?
Discover Swibeco, the Swiss platform that enables you to give your employees a comprehensive offering of flexible and tax-free benefits. From lunch and gift to mobility, health and wellbeing, leisure and vacation benefits: with Swibeco, you manage all benefits easily, centrally and digitally. Your employees also benefit from exclusive discounts on more than 400 top brands, such as daily shopping at Coop, furniture from IKEA or buying a new outfit from Zalando. This way, you’ll boost the satisfaction levels, motivation and commitment in your team as well as position yourself as a modern and attractive employer.
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Activate Swibeco and give your employees access to the benefits and discount platform.
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The Selection: selected products & experiences when you offer gifts.
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Swibeco Card: lunch, mobility, leisure & vacations plus more flexible benefits to be used at more than 130,000 sales outlets in the VISA network.
Preferential terms for AXA customers
All AXA corporate customers receive a 25% discount on Swibeco annual usage and license fees. This fee can be reduced to zero by using gifts and other benefits.
Support and FAQs
How can I use Swibeco and the gifts/rewards flexible benefits for employee benefits?
As an employer, you can offer the Swibeco benefits platform to your employees. The platform for employee benefits shows your team permanent discounts and exclusive offers from over 400 providers in Switzerland, border regions and the Principality of Liechtenstein. You also have the opportunity to add your own company offers, or to hide offers you would like to exclude.
Furthermore, you can give your employees tax-free incentives in the form of gift and reward budgets, such as for special services, birthdays, anniversaries or annual recognition. Employees can use these budgets directly on the Swibeco platform, choosing from The Selection, a curated selection of high-end products, articles and experiences.
Why should I offer my employees Swibeco, gifts/rewards and a Swibeco Card?
A shortage of qualified staff and inflation are two of the biggest challenges facing SMEs and their employees. Modern fringe benefits like employee incentives are a good way to attract new talent and retain current employees over the long term. With Swibeco, AXA offers you a digital platform for staff discounts that enables you to keep up with the employee benefits offered by large companies.
In the current economic climate, Swibeco offers an effective solution for companies through its tax-free approach: they can offer their employees better terms and benefits while at the same time decreasing their costs, sometimes without even an additional budget.
In addition to exclusive discounts on more than 400 top brands, you can give your employees tax-free incentives in the form of gift and reward budgets of up to CHF 600 p.a. in Switzerland and CHF 1,000 in Liechtenstein. This way, you increase the purchasing power and satisfaction levels of your team in a targeted manner. Overall, companies can give their employees up to CHF 3,530 tax-free every year in the form of benefits (this amount already includes the CHF 600 ).
Furthermore, the Swibeco Card provides contributions towards daily meals or more flexible benefits such as mobility, leisure & vacations, health and wellbeing. The credit amount can be accepted at more than 130,000 outlets in Switzerland.
You can thus show appreciation to your employees, position yourself as an attractive employer, and offer the same staff benefits as large companies.
Do gifts and rewards have to be stated on the salary statement?
Recurring gifts of up to CHF 600 per employee do not have to be shown on the salary statement. They are deemed to be a gift for tax purposes, regardless of whether they are given through Swibeco or in another form.
If you make recurring gifts of over CHF 600 to your employees, these must be declared in the salary statement as a salary component.
I have already negotiated discounts with partners in my company, what happens with those?
You can also use Swibeco to make your own in-house deals accessible to your employees.
What happens with competitors’ discounts that my employees are not supposed to see?
You can hide offers for your employees under the “Partner list” section.
Are Swibeco benefits also available in Liechtenstein?
Whether a discount or special deal is available in Liechtenstein depends on that specific partner. Availability is noted in the description of the special offer. Please note that the additional benefits offered by the Swibeco Card are not applicable in Liechtenstein.
What happens if the company already has a Swibeco contract?
If a company is already a fee-based Swibeco customer and acquires the right to use Swibeco services on special terms in future after taking out an AXA contract, the payment obligation for the Swibeco fee remains in place until the end of the current contract term. Once this contract has ended, the company can use Swibeco services on special terms through the AXA contract. In this instance, companies benefit from simple, digital and tax-appropriate management of all employee benefits. Brand blacklisting is possible. Gift and reward budgets expire at the end of the validity period and any unused credit is not refunded if an employee leaves.
