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Purchasing Power’s Customer Experience Group was a big winner at the 15th Annual Frost and Sullivan Customer Contact Awards held Monday night, Oct. 28, at the Hyatt Regency Huntington Beach Resort and Spa. Recognizing excellence and outstanding achievement among practitioners and service...

Greyhound Lines, Inc., the largest provider of intercity bus transportation in North America, announced today it has added Purchasing Power® as a new voluntary benefit program to its employee benefits. Through Purchasing Power’s employee purchase and financial wellness program, participating...

Purchasing Power, today announced that Joseph (“Trey”) Loughran has been appointed as the company’s Chief Executive Officer. Loughran succeeds Richard (“Ritt”) Carrano, who has served as a senior executive of the company for 18 years and CEO since 2011. Mr. Carrano will continue to serve as a...

We might be living in a strong economy right now, but employees are financially stressed because 78% are living paycheck-to-paycheck. And, they don’t have a lot of viable credit options when they need “extra” money for a household emergency, an unexpected healthcare bill or other expenses that...

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...