Case Study: Logitech streamlines global benefits and boosts utilization with Forma

Logitech boosts global benefits utilization 12% with Forma

Logitech, a global technology company with over 5,000 employees, faced significant challenges due to vendor sprawl. They were managing more than 30 different point solutions and vendors for their benefits programs, which created an overwhelming administrative burden for their HR teams and a confusing, fragmented experience for employees. To address this, they turned to the vendor Forma to consolidate and streamline their offerings.

By implementing Forma’s customizable Lifestyle Spending Accounts (LSAs) and pre-tax benefits platform, Logitech consolidated its numerous vendors into a single solution. This move saved their People Services team an estimated 9.5 weeks of administrative time annually and significantly improved the employee experience. The results were substantial, including a 12% lift in utilization of their global wellness LSA and a 150% increase in tuition reimbursement usage. Forma delivered a more intuitive benefits experience, becoming Logitech's second highest-rated company benefit.

Logitech