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Bryon Colby has been named Chief Digital Marketing Officer at Purchasing Power, LLC, a voluntary benefit company offering the leading employee purchase program through the convenience of payroll deductions. Colby will relocate from Cincinnati to be based in Atlanta and report directly to...

Financial wellness isn’t a new topic today. Employers are aware that improving the financial well-being of their workforce should be part of their overall benefits program. However, while we’re all aware of the importance of financial wellness to our employees, we’re probably not as certain...

There’s financial stress, financial wellness, financial literacy, financial education, financial planning…so what in the world is financial flexibility? Let’s start by looking at it this way. Our economy recovered from the great recession and the 4% unemployment rate is the lowest it has been...

Once simply the “nice-extra” for the employee benefit package, voluntary benefits are now considered “essential.” with today’s diverse, multigenerational workforce having such variety of characteristics, lifestyles and preferences, employers can no longer can provide one-size-fits-all...

Whether it's student loans, car payments, mortgage/rent , credit card debt, an unexpected expense or some other financial matter, employees are spending time at work on these financial issues rather than concentrating on work. And according to a recent study by Career Builder, 80% of U.S...

Today, Purchasing Power reported vigorous revenue growth for 2018, a 12.4 percent increase over 2017. Furthermore, adjusted EBITDA in 2018 increased by 10.4 percent compared to the previous year’s performance. “I’m incredibly proud of the double-digit revenue growth streak we’ve achieved, not...

Employees’ financial health is just as important as their physical and mental health. Progressive companies recognize the potential upside for addressing financial stress. Here are three points about financial stress that every company exec needs to understand: When asked what causes them the...

To underscore the importance of understanding financing options and credit card debt in a paycheck-to-paycheck reality, Purchasing Power is sharing tips to educate consumers about their choices for meeting short-term purchasing needs without compromising their long-term finances. “Paying cash...

At a formal gala awards banquet last night at Caesar’s Palace, Purchasing Power, LLC received a Gold and a Silver Stevie® Award in the 13th annual Stevie Awards for Sales & Customer Service. Purchasing Power®, one of the fastest-growing voluntary benefit companies in the U.S., offers a leading...

Today's tight job market is driving employers to work more diligently to retain workers who are apt to leave for a better work enviroment. Which is why employee engagement in continously top-of-mind in the HR industry these days. Our Chief People Officer, Racquel Roberts shares our thoughts on...