Offering a little extra financial support for employees when they may need it most.
A lot’s changed in a short period of time, and difficult decisions have been made to change when, where, and how we work.
Lifetime Benefit Solutions offers two employer-funded* benefit options to help make this shift in circumstances easier for employees via our new LBS Employee Support debit card:
Emergency Funds Account
Groups can offer employees who are unable to work or working fewer hours a limited-fund debit card to help cover necessary living expenses, such as:
Work from Home Account
Groups can offer employees who are able to work from home a limited-fund debit card to offset the costs of outfitting a home office, such as:
We’ll work with groups to determine which program makes the most sense for their business and their employees, to establish the amount and frequency they want to contribute, and to define which particular expenses they want to cover.
Life will continue to be different even as we work through the intricacies of the current environment. And when work and life take on a new normal, employees still can use these funds to support them in their day-to-day.
In the meantime, we’re pleased to be able to support our mutual groups in this unprecedented time by giving their employees one less thing to worry about.
For more information on this new program and what it can do for your groups and their employees, contact your dedicated LBS account manager.
*Benefits may be taxable. For tax advice, groups and employees should consult a tax professional.