### Available now! 2026 global lifestyle spending accounts benchmark report
Explore Forma's benchmark report, the definitive resource for insights and trends about LSAs and the flexible benefits landscape.

[Download the report](/content/resources/lifestyle-spending-accounts-benchmark-report?utm_source=website&utm_medium=banner&utm_campaign=Q12026_benchmark_report/index.html)

**For Forma members please submit questions to [support@joinforma.com.](mailto:support@joinforma.com)**

## Get to know Forma Rewards & Recognition
Traditional employee recognition tools fall short because they’re siloed, costly, and hard to manage. Watch the video to see how Forma’s Rewards & Recognition changes the game.

### Personalized and impactful employee recognition
Make recognition and rewards more impactful for everyone with Forma.

#### Easy for HR, loved by employees
Access Rewards & Recognition directly in the Forma platform — no new tools to learn or manage.

#### Rewards rooted in employee choice
Forma supports both cash and non-cash recognition to fit each person’s preferences.

### Smarter spending, zero wasted budget
Only pay when employees redeem rewards — no more unused gift cards or hidden costs.

### Why Forma Rewards & Recognition
Forma empowers companies to offer personalized and impactful recognition and rewards — all in the same place employees already use for their flexible benefits.

#### Unified platform
Manage all your rewards programs — peer-to-peer, manager-to-employee, and milestones — within the same platform as your LSAs.

#### Cost-effective funding model
With notional funding, you pay only when employees utilize their benefits, which reduces waste and avoids unexpected fees.

#### Redemption flexibility
With cash rewards, employees choose how to redeem for what matters most to them so rewards are more impactful and appreciated.

#### Peer-to-peer recognition
Enable employees to send kudos and monetary rewards to teammates, helping to build a culture of gratitude and connection.

#### Manager-led rewards
Give managers budget control to award spot bonuses or recognize direct reports instantly.

#### Date-based rewards
Celebrate work anniversaries and major milestones automatically — no manual tracking required.

#### Non-cash kudos
Celebrate wins even without a budget — public praise helps build visibility and morale across teams.

#### Global-ready platform
Forma supports multiple currencies and languages to power recognition across global workforces.

#### Insightful reporting
Track spend, engagement, and trends with real-time analytics and private leaderboards.