As Canadian employers are increasingly recognizing the importance of catering to the diverse needs and preferences of their employees, many are considering the merits of voluntary and flexible benefits offerings. Lifestyle spending accounts, which include non-traditional benefits that wouldn’t necessarily fit under the umbrella of health or finance, are an example of the trend.
Last week, Benefits Canada reported that digital benefits platform League has added discounts on gourmet pet food to its lifestyle spending account. The company working with League on the offering noted that for many people, dogs and cats are their children, so it only made sense to bring health and wellness to such less traditional dependants.