Personal spending accounts popular option for workers

Eligible expenses run the gamut – not limited to wellness
By Amanda Silliker
|Canadian HR Reporter|Last Updated: 09/10/2012

Treadmills, sneakers, bicycle helmets, computer software and art classes are just some of the ways employees at the University of Calgary are spending the money in their wellness spending accounts.

University employees can receive, on average, between $500 to $1,000 in their accounts that they can spend on anything from fitness activities and sports equipment to computer products, professional development and personal interests, said Rhonda Pylychaty, director of total rewards at the university.

“There are specific expenses covered within each category and each category supports certain philosophies,” she said. “We look at the entire employee experience here because it is a large component of an individual’s life and, a lot of times, external factors can impact work life as well. It’s not just physical wellness, it’s also holistic wellness.”