How to take full advantage of your employee benefits

employee benefits

Credit: Flickr/woodlwonderworks

Hidden in all your employee benefits package paperwork, if you are lucky enough to even have a job, or one that has a good benefits package, are potentially some little known discounts to you.  A lot of people have head of flexible spending accounts which allow you to set aside pre-tax dollars to pay for medical expenses, devices, and more.  For example, you can go to your favorite drug store and buy something as basic as band aids with your flexible spending account debit card and buy them with pre-tax dollars.  Extra savings tip, since your FSA account is limited to what you contribute, maximize its usage by utilizing coupons.  Yes, you can use coupons in conjunction with your FSA card and essentially get an additional discount off these types of items.  You can even use your FSA account for on-line shopping, such as at for eligible purchases.  When searching for items, look for an FSA-approved label.

Employee benefits may include telephone service

In addition to health care savings, you might also be able to take advantage of discounted wireless services.  My old company had a deal with Verizon where I could get 7% off the bill every month.  Again, that’s money just sitting there for you.Gym memberships are another common discount.

I encourage you to review your employee benefits brochure or website, or speak with your HR contact.  You might be surprised at what you can get.  

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