Employees are one of your company’s greatest assets. With the cost and time involved in training and nurturing these relationships, it’s smart to choose benefits, like Purchasing Power, that can help you retain employees and keep them happy.
Did you know?
75% of employees are more likely to stay with an employer because of their benefits program (2017 Willis Towers Watson)
40% of employees look to their employer for financial security (2017 MetLife)
Some employees may not be able to participate in benefits like tuition assistance or discount programs because they require money up front. This causes a gap that excludes a portion of your employees.
We can help you close this benefits gap.
With our program, you can give employees the financial flexibility to buy products and educational services they need and pay for them over time.
Today's employees are financially stressed.
Two-thirds of Americans do not have at least $1,000 to cover an emergency, and 26% of employees are using credit cards for monthly necessities they can't afford otherwise (2016 The Asssociated Press-NORC Center for Public Affairs Research, 2016 PWC).
Purchasing Power can help.
We give employees an affordable way to meet these needs today and pay for them over time in a budget-friendly way. We also offer financial wellness tools to help program members find their best financial future.
Benefits for You
- Supports employee retention, satisfaction and productivity
- Streamlined implementation and administration
- Closes gaps made by traditional benefits
Learn more about Employer Experience.
Benefits for Your Employees
- Helpful spending limits based on salary and tenure
- Manageable payments, 6- or 12-month terms
- Transparent transactions with no hidden costs
Learn more about Employee Experience.