How to Support Parents in the Workplace Through Wellness Spending Accounts

Parents in the Workplace

Parents in the workplace have all heard the cliché about the difficulty of raising children: It gets easier. But that hope doesn’t solve parents’ current time and financing problems. From services like childcare, day camps, and tutoring, there are many costs a parent must endure and may not have the time or money for it … Read more

3 Critical Challenges in the Hybrid Workforce

hybrid workforce

In a hybrid workforce, change management and your tech defines the employee experience.  All eyes are on employee experience as companies move to hybrid workforce environments  Last year, The Great Resignation (or Reshuffle) was a huge buzzword and became a top priority for organizations across North America. Two years into the pandemic, companies are announcing … Read more

Employee Benefit Challenges You Will Face In 2022 

Employee Benefit Challenges

What are the key employee benefit challenges business face? This is the critical question we asked dozens of businesses before developing HSA Easy Pay ltd.’s prepaid HSA Mastercard payment and fulfillment solutions.  Rising healthcare costs are making Health Spending Accounts (HSAs) compensation plans a highly attractive employment benefit for employees. Supplying a comprehensive plan can … Read more

HSAs vs Traditional Group Benefits

HSAs vs Traditional

Every year, more and more employers are adopting Health Spending Accounts (HSAs) to their overall benefits package. The debate over which is better – HSAs vs traditional group benefits – is widespread. According to The Sanofi Healthcare Survey January 2020 HSAs are the single largest incentive for an employee to stay with an employer.  For that reason, an employer might look to add an HSA to their traditional group benefits package or replace the traditional plan altogether. 

Do Your Employees Know the Total Compensation You Provide?

total compensation

(originally published March 2, 2021. Updated for content) Did you know that over 80% of the workforce doesn’t feel engaged at work? Studies have proven again and again that positive, engaged employees will stay with a company much longer than those whom are less engaged. Actively Engaged Employees Regularly Do More Than They Are Asked … Read more

Why You Should Offer Your Employees a Wellness Spending Account

wellness spending account

What is a Wellness Spending Account? A Wellness Spending Account (WSA) is an opportunity for employers to support their employee’s wellness through the allocation of benefit dollars (taxable) for non-medical, wellness expenses. A WSA account can be used as a perk given to your employees to promote healthier lifestyles. You can incentivize employees with eligible … Read more

Health Spending Accounts in Every Day Words

hsa user

A Health Spending Account (HSA) benefit is just one part of the overall engagement strategy for your employee. It isn’t always an easy topic to communicate your overall benefits to your employees at various stages of their tenure at your company. Below is a strategy to tailor your HSA benefit dialogue to your employees wherever … Read more

Top Five CRA-Eligible Expenses For Your Employees’ Health Spending Account

CRA-Eligible Expenses

Health Spending Accounts (HSAs) and Wellness Savings Accounts (WSAs) are of the most versatile tools to provide health and wellness benefits for your business’ employees and for yourself. While following the guidelines set forth by the CRA, HSAs cover a litany of expenses including massage, vision, dental, health insurance fees, physiotherapy and prescriptions amongst many … Read more