In a world where flexibility is essential to the workplace, Lifestyle Spending Accounts (LSAs) are a key retention and recruitment tool to boost employee wellness, happiness, and productivity. LSAs enable employers to optimize their benefits plans for maximum flexibility by offering employees the power of choice when it comes to their own well-being needs.
This guide covers
- An overview of what a Lifestyle Spending Account is
- The benefits of an LSA
- 8 common LSA questions
- Lifestyle pillars supported by LSAs
- A vendor neutral approach to benefits
- How to get started
- Ensuring employee engagement
- Next steps