Honeybee Allowance Account
Start offering flexible spending accounts and lifestyle benefits your employees will love.
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Honeybee is the new way to offer unique employee benefits. You may have heard of fitness allowances and employee wellness programs. Well, Honeybee is that and much, much more.
Honeybee lets employers automatically deposit a set amount of money into employee Allowance Accounts every month. Much like a bank account, employees can then use those funds for a variety of expenses in categories selected by their employer. All through a user-friendly app!
What can an Allowance Account be used for?
Fitness
A spending account for Fitness covers more than a gym membership. Reimburse employees for expenses like gym equipment, yoga classes—even athletic clothing!
Transportation
Support commuting in all forms! Employees can spend a Transportation Allowance on things like gas, public transit, parking, taxis, and more.
Education
Encourage continuous learning with an Education allowance, to be used for conferences, courses and training, language lessons, or even student loans.
Time Savers
Help your employees achieve work/life balance with an Allowance for time-saving expenses like cleaning services, meal delivery, dry cleaning, etc.
Kids
Juggling work and family isn’t easy! Lend employees a hand by letting them submit expenses like childcare, children’s programs, and tutoring.
Pets
For those employees with fur babies, an Allowance Account can be used for expenses like pet insurance, grooming, pet food, and walking services.
How it works
Set your per month budget
Identify how much you’d like to give employees each month to spend on the personalized lifestyle benefits they’ll love.
Select your benefits categories
Create a unique benefits program, choosing from categories like Fitness, Education, Kids & Pets, Transportation and more.
Launch and take a big bow
Introduce your team to their Allowance Accounts and wait for the applause! From there, automation saves you time and hassle.
Honeybee Allowance Accounts are a fast and easy way to take the administrative pain out of lifestyle benefits. Book a demo to learn more.
What to Expect
Your company’s Honeybee Allowance Accounts can be made available following your personalized demo! In our call, we’ll help you ensure that Honeybee is right for your company and prepare you to introduce Allowance Accounts to your employees.
In our demo we will:
- Ensure Honeybee is a good fit for your goals
- Show you how employees can easily view available funds, submit expenses and get reimbursed
- Guide you through the process of setting up your categories and per employee budget
- Make sure you have everything you need to activate your company’s free Allowance Accounts
If you’re ready, fill out the form with your information to get started!
Book your demo now
Great question! These terms are often used interchangeably to refer to a flexible spending account that employers fund on behalf of their employees to be used for a variety of taxable expenses.
The eligible expenses for a Honeybee lifestyle spending account are defined by the employer. In short, it’s completely up to your company! Some employers choose to allow a very wide range of eligible expenses, including all the categories we list on this page and more. Others prefer to emphasize core values of the company by selecting just one or two categories of expenses.
Yes, absolutely! Honeybee makes is possible for each company to customize their Allowance Accounts completely. Eligible expenses are determined by the employer, so if there’s something you’d like to cover that isn’t listed, just let us know.