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Lifestyle Spending Accounts: What Are They & How Are They Keeping Employees Engaged?

The US labor force is progressively becoming more diverse.

Knowing that the traditional one-size-fits-all approach to benefits for a diverse workforce won't cut it, employers are struggling to find a benefit program that meets the needs of all employees and helps attract top talent. Recently, savvy employers have been taking advantage of a certain benefit that has ranked as the second most valuable employee benefit among all age groups, demographics, and industries to solve for this challenge. That's where Lifestyle Spending Accounts (LSAs) come in.

Tune into this episode as host, Jeff Cross, and guests, Lisa Jacobi at COCC, Megan Burns and Ryan Burns at Forma, dive into what LSA's are, why they are gaining a ton of traction amongst many different types of employers, how they work, and the success stories behind them - directly from an employer who's leveraging them.

Want to dive deeper into supporting a diverse workforce? Check out this recent article: "Engaging a Diverse Workforce - How You Can Help Your Employees Thrive."

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