May 1, 2024

Lifestyle Spending Accounts: A Versatile Benefit for Every Business

When it comes to modern employee benefits, Lifestyle Spending Accounts (LSAs) like those offered by JOON are revolutionizing how companies support their workforce. Traditionally seen in tech companies or businesses located in coastal cities, the truth is that LSAs are a fantastic option for any company, anywhere. Here’s why JOON’s LSAs are suitable for your business, whether you’re a small town retailer, a Midwest manufacturing firm, or a global enterprise.

LSAs Are for Every Company

LSAs are meant to be incredibly flexible and can be tailored to fit the unique needs of any business, not just tech giants or startups. These accounts allow employees to spend pre-allocated funds on a wide range of health and lifestyle expenses. Whether your employees are interested in fitness, education, meditation, or personal development, JOON’s LSAs can help reimburse these purchases, making them a great fit for any company looking to enhance its benefits package.

Ease of Implementation

One of the most significant advantages of using JOON is that there’s no lengthy and confusing onboarding process. JOON’s “Set it and Benefit” mentality means that once you decide to implement LSAs, JOON takes care of the rest. Admins don’t need to worry about the heavy lifting; JOON’s streamlined setup process ensures your benefits program is up and running without interrupting your day-to-day operations. This simplicity ensures that businesses of all types and sizes can offer a competitive benefits package with minimal effort.

Card-Connected Technology

JOON utilizes card-connected technology, which simplifies how employees access and use their benefits. Employees link their own credit or debit cards directly to JOON. Additionally, JOON’s vendor-agnostic approach means that no matter where your company or employees are located, everyone can find something that suits their needs. Whether they’re paying for a yoga class in Omaha or rock climbing in Boise, JOON’s system automatically handles the reimbursement, ensuring employees are supported wherever they are.

Bonus: A Global Solution

Another significant advantage of JOON is that it’s not limited to the United States. JOON offers a global solution, ideal for companies with international teams or those located outside traditional tech hubs. Whether your employees are in Paris, Tokyo, or rural America, they can all enjoy the benefits of an LSA. This global reach is particularly beneficial for businesses looking to provide consistent benefits across diverse geographic locations.

Why Choose JOON?

Choosing JOON for your company’s LSA means opting for a flexible, easy-to-use, and inclusive benefits solution that caters to the diverse needs of your workforce. It doesn’t matter if your business doesn’t fit the tech mold or isn’t based in a major coastal city. JOON’s LSAs are designed to bring value to any company, helping to attract and retain top talent by offering meaningful, customizable benefits that promote employee wellness and satisfaction.

Learn more about how JOON compares to other LSA platforms here.