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In a new blog from CEO Trey Loughran, all of us have seen the toll - both financially and emotionally - that the COVID-19 pandemic continues to have on our own lives, on family, on friends, and on fellow employees. From layoffs and furloughs to the current labor shortage, the past year and a...

The Great Resignation is the ongoing trend of employees voluntarily leaving their jobs, from spring 2021 to the present, in response to the COVID-19 pandemic. Who’s quitting the most? A Harvard Business Review study showed that resignation rates over the past year are highest among mid-career...

Purchasing Power® Report Reveals the State of Employee Finances: 2021 ATLANTA, GA – Household income levels don’t discriminate. Living paycheck to paycheck from February 2020-2021 was reported by full-time employees/those with a spouse employed full-time at all household income levels1, and...

Students all over the country start heading back to school this month but that is not the only place they are educated. An incredible amount of learning goes on outside of the classroom as well. While much of our learning takes place in formal settings, there is also a great deal of education...

As Purchasing Power approached a 20th anniversary milestone this year, we knew the occasion should be marked in several ways to celebrate all of the personal and professional achievements that we’ve accomplished over the past two decades. Our team is proud of our company’s history of helping...

Competing against the private sector for talent has always been an uphill challenge for the public sector. But in today’s post-pandemic economy, with accelerating retirement rates and a shortage of applicants, the challenge has become increasingly tougher. On top of all of that, employers have...

With last year’s unprecedented school year behind us, it’s no surprise that parents and kids alike are excited about going back to classrooms in person this year. As a result, back-to-school spending is projected to increase this year and that can be a source of stress for parents still...

Most companies are conducting business differently than they did pre-pandemic. Many employees are still working remotely, budgets have been cut, travel has been restricted and work teams are continually being asked to do more with less, just to name a few. The employee benefits landscape has...

This interview with Bryon Colby of Purchasing Power is part of an interview series that talks to marketers, advertisers, brand consultants, and digital marketing gurus who share practical ideas from their experience about how to effectively leverage the power of digital marketing, PPC, &...

Fendi jeans. Apple AirPods. A Louis Vuitton handbag. You name it. You can buy it and pay for it in installments, usually over 6 weeks. The popularity of Buy-Now, Pay-Later (BNPL) financial services, a lower-interest alternative to credit cards, skyrocketed during the pandemic. Online shopping...