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Lifestyle Spending Accounts (6)

Learn how to attract and retain talent with LSA

For years, businesses have struggled to attract and retain the best talent, and with the current job market, it’s become even more challenging. Providing employee benefits can be expensive, and finding solutions that meet the diverse needs of your employees can be overwhelming. Luckily, Lifestyle Spending Accounts (LSA) are here to help.

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Lifestyle Spending Accounts: A Key Factor in Attracting Top Talent in 2023

Today’s workforce is mainly composed of millennials and Gen Z, and these generations prefer to work for companies that share their values. A well paid salary is really important in order to make a living, however, other criteria are analyzed by job seekers. Lifestyle Spending Accounts can help cover what we don’t always get from traditional benefits.

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How to improve employee retention using benefits?

Approximately 47 million Americans quit their jobs in 2021 (a phenomenon called the Great Resignation) in hopes of looking for better opportunities and benefits. In the last couple of years, the number of vacant positions in the United States has grown, creating a scenario where companies need to focus on employee retention.

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Employee benefits survey: Uncovering what your workforce really wants

There’s no better way to find out what benefits prospective new hires are looking for than to ask the workforce you already have. The simplest way to do this is by conducting a survey. However, most in-office surveys do nothing more than frustrate your employees and leave you with inadequate data. To avoid this — We’re going to help you ask your employees the right questions in a more engaging way.

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Lifestyle Spending Accounts: The most frequently asked questions

These days you need to be creative when thinking about attracting new employees and supporting the ones you already have. It’s no longer enough to offer basic health and dental insurance. In today’s job market, you must meet people where they’re at with services and benefits that genuinely support their needs.

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What can Lifestyle Spending Accounts do for you?

The labor market continues to be strong two months into the New Year. It’s still a worker’s market, and employees are looking for more than pay increases when considering employment. Offering standard health insurance and retirement saving plans is no longer enough. Employers need to get creative to attract, retain, and engage with top talent.

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