Trusted by 3,000+ organizations worldwide
.svg)
.svg)
.svg)
impact of Lifestyle spending accounts
The benefits of investing in your people
Benefit Dissatisfaction
Only 61% of employees are satisfied with their benefits
Attrition Risk
55% of workers have left positions after finding better benefits elsewhere
Growing Popularity
According to a 2024 report, 43% of companies are expected to offer LSAs by 2025
Comprehensive Features
Why admins and employees love LSAs
Easily administrate and facilitate LSAs for global employees, giving them the support they want and need.
Rewards Network
Childcare, pet care, commuting, etc.
Stipends for exercise equipment or gyms
Mental or financial health counseling
Flexibility
Offer equitable rewards on any cadence
Adjust reward amounts to fit any budget
Set up custom catalogues for even more options
Ease of Administration
Track spend, redemption, and budgets
Manage tax-related information
Automate recurring point distribution
"Awardco has given us incredible power and flexibility with our recognition programmes because of the millions of options to choose from, and the ability for employees to choose their own rewards has been a game changer. We know what we’re getting, and our employees couldn’t be happier.”
Cheryl Vincent, Talent Development Manager
363
%
increase in appreciation
18
%
boost in employee satisfaction
When we implemented Awardco, we refreshed everything and synced all service dates to our HRIS. It works flawlessly now—and the person who used to manage that spreadsheet is very happy.
And we've also tied that to wellness... Every year, we encourage our associates to go get their annual physical. If you turn [a] form in, you get Awardco points. It's another way to tie healthy lifestyle to what's important to us in the bank to making an impact with our associates.
Getting buy in for wellbeing can be kinda challenging because we're all busy. Right? And so now go work out or go do this. And so partnering with organisations such as Awardco, we're trying to think outside of the box and create different types of challenges.
We've put a lot of resources and focus on associate engagement and overall morale and wellness. Because of the initiatives that we've put forth this year, we've realised an 8.2% reduction in our turnover rate.
Awardco has definitely helped us do recognition even better. Recognising someone you work with, even if you don’t see them every day, has been empowering.
Awardco made it easy for every employee, whether in Dallas or the UK, to feel seen, valued, and celebrated.
.avif)
Our caregivers give so much emotionally—it’s intense work. Recognition helps keep them engaged and supported.
We’ve always had some sort of recognition programme, but never anything all-inclusive where all associates at every location were engaged in the same programme—until Awardco.
Thought Leadership & Resources
Employee benefit resources
