With the recent Roe v. Wade decision, continued pandemic fatigue, and looming recession amid a shrinking economy, these stressors and economic uncertainties inevitably impact employers and employees. Amid these pressures, employees are seeking greater flexibility and autonomy. Employers who listen to and take stock of employee preferences are poised to better navigate these challenges and keep loyal, satisfied employees long term.
With benefits a top priority for employees, companies looking to survive and thrive will depend on offering flexible, personalized, and customizable options to support employees wherever they are and help them get to where they want to be. In particular, benefits spending accounts give employers and employees the agility and flexibility needed to keep pace with the demands of today’s rapidly changing world. Employers can curate a collection of benefits that flex to fit every lifestyle with endless options for employees to select. Similarly, these spending accounts empower employees by giving them the freedom to choose personalized benefits that match their needs.