Espresa Lifestyle Spending Account (LSA): The off-cycle employee benefit that is made for everyone
LSAs are the modern engagement vehicle, flexibly and creatively meeting people where they are. They're an empathetic and monetary vehicle that directly speaks to your culture, mission, vision, and values.
Employers must offer more than just compensation and a traditional benefits package to attract and retain top talent.
Espresa’s Lifestyle Spending Account provides flexible employee benefits that promote total well-being through freedom of choice. Employees can use employer-funded accounts for the benefits they value most. At the same time, our platform helps HR teams manage budgets, engage employees, and improve business outcomes.
Plus, Espresa is the world’s first platform to offer lifestyle benefits in all languages and currencies.
Lifestyle Spending Accounts offer a uniquely flexible and personalized approach to employee benefits. Employees can spend their LSA funds on a wide range of eligible expenses, based on whatever matters most to them.
Expenses may include gym memberships, mental health resources, home office equipment, family care, medical travel benefits, financial services, commuter benefits and work-from-office, tuition reimbursement, and more. And with Espresa LSA Plus™, employers can also contribute to LSAs through wellness incentives and earned allowances.
With our flexible benefits platform, employees are empowered to choose where they shop, how they spend their LSA funds, and even how they pay. By providing employees access to our integrated marketplace, HR can maximize employee engagement regardless of global location.
Unlike other Lifestyle Spending Account providers, Espresa has zero markups and passes on the savings directly to you. Plus, we support all payment options, including paycheck reimbursements, direct deposit, and debit cards. Freedom of choice is made real.
We offer support for all currencies, time zones, and languages. Our Customer Success Team is available 24/5 in local time zones to assist employees and HR teams.
In-platform messaging allows transparent communication between employers and employees – no spreadsheets required!
Employees can access our global employee marketplace with thousands of discounted items and services, with zero markups. Employers can also add their own items to the platform.
With HRIS integrations, HR teams can automate processes for eligibility, census files, and payroll.
Real-time analytics allow HR teams to track employee benefits, budget usage, and program participation on a global scale.
No more logistical hell. A Lifestyle Spending Account from Espresa improves organizational well-being while making remote employees feel loved and included.
Espresa’s platform streamlines HR processes, improves communication, and reduces out-of-pocket expenses with mobile receipt uploads and real-time reporting.
When companies offer an easy-to-manage LSA that promotes a positive workplace culture, everyone wins.
