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Key Insights for HR on Lifestyle Spending Accounts | |
Lifestyle Spending Accounts (LSAs) have emerged as a significant trend in employee benefits, with their popularity surging in recent years. Kevin Robertson of HSA Bank notes that by 2023, over half of the employers surveyed by Benepass were offering LSAs, highlighting their growing appeal in the workplace. This shift reflects a broader understanding among employers of the importance of supporting employees’ financial well-being as a strategy for boosting retention. ADP’s research underscores this, pointing out that the vast majority of U.S. workers would consider leaving their current job for one that offers better financial wellness benefits, as supported by a survey from Betterment at Work. LSAs stand out for their flexibility, allowing employees to spend on a wide array of services and goods that fall outside the scope of traditional benefits. From gym memberships to childcare, and even groceries or pet sitting, the range of expenses LSAs can cover is virtually limitless, offering a tailor-made approach to employee benefits that can be adjusted according to an employer’s preferences. For more details please visit our website - https://hrviews.com/2024/07/18/key-insights-for-hr-on-lifestyle-spending-accounts/classifiedads.com  | |
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| Target State: California Target City : Carlsbad Last Update : Nov 08, 2025 6:16 AM Number of Views: 8 | Item Owner : hrviews Contact Email: (None) Contact Phone: (None) |
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USNetAds > Communities > News & Events > Item ID 131234801
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2025-11-08 (0.629 sec)