thats a fair point. no idea if its possible perhaps they could classify it as a lump sum tax exempt benefit rather than a categorical reimbursement based one that mostly goes unused.
still even with a 40% tax hit - i'd take a "cash benefit" over the piles of benefits i know i'm not using.
That wouldn't work for US employees. Any benefits other than very specific allowed categories are taxable income. The wellness benefit, CSA share, etc are already taxable.
Doesn't this have tax implications? At least in my country, some types of benefits are income tax exempt.