Lifestyle Spending Accounts allow you to create recurring rewards on a custom rhythm while giving employees more choice.
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With an LSA, employees accrue points on a regular schedule that they can use on purchases that suit their needs. This recurring allowance gives employees more freedom to choose how to use their funds, whilst still allowing admins to create custom programmes and curate approved expenses.
With an LSA, you decide how often and how much each employee is funded, and you decide which expenses are eligible for LSA funds.
Set up eligibility, amounts, frequency, expiry and eligible expenses. Automation is simple and easy. Employees get their LSA funded on a recurring cadence you choose and can then spend those points in ways most meaningful to them.