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How to leverage a Lifestyle Spending Account in your benefits strategy

Higginbotham

The employee may pay for the expenses out of pocket and, as long as it is eligible and sufficient funds are available in the LSA, the employee can then request reimbursement. Alternatively, the employer may provide a special debit card that the employee can use to access the account. These benefits programs differ in key ways.

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The future of benefits: Adapting to changing employee expectations

Higginbotham

With unemployment holding steady at well below the long-term average , competition for top talent remains intense. To continue recruiting and retaining the best people in this labor market, business owners and HR professionals must prioritize enhancing employee well-being and job satisfaction.

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Benefit Resource Announces Acquisition of 121 Benefits  

Benefit Resource Inc.

BRI pioneered paperless card technology and continues to lead the industry with a one-card solution for FSA, HRA, HSA, and Parking/Mass Transit plan administration, online enrollment and account management to simplify human resource involvement, and mobile balance and receipt applications to provide added convenience to participants. .

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Beyond health insurance: Innovative employee benefits that attract and retain talent

Higginbotham

Investing in your employees’ personal and professional development not only benefits them, but it also sharpens the competitive edge of the business. Mental Health Support New research from the Society for Human Resources Management found that one in three U.S.

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Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

Employee wellness programs Especially since the COVID-19 pandemic, employee wellness programs have skyrocketed in popularity. Employees appreciate employers who take the extra step of openly demonstrating care for their wellbeing. For employees, online enrollment saves time and reduces stress.

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10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

However, the packages should meet the needs and expectations of employees. Increased Employee Wellness: An employee benefits platform can promote employee wellness by providing tools for tracking and managing wellness programs, such as fitness challenges or stress management initiatives.