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The Ultimate Guide to Lifestyle Spending Accounts

A Lifestyle Spending Account (LSA) is an employer-funded account designated for employees to spend on perks. This is the newest step in creating personalized HR benefit packages, flexible enough to offer comprehensive rewards to the entire company.  

But how do LSA's differ from the traditional approach to employee perks? The main difference is that employees are no longer bound to employer-selected benefits. Instead, HR creates a budget and employes have the freedom to mix and match their benefits to create the perfect package. But it does not stop there, utilizing an LSA provides a whole host of other benefits to both the employees and the HR department alike, regardless of your size company. 

 

Download this eBook to discover:

  • How LSA's can reduce your HR department's workload
  • The measurable impact LSAs have on businesses today
  • 3 Use cases for implementing LSAs
 

Download The Ultimate Guide to Lifestyle Spending Accounts‚Äč

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About our Paper Sponsor, Compt:

HR software that helps companies build, manage, and scale perk stipend programs so employees can purchase the perks relevant to them and their always-evolving needs."