Newsroom

August 6, 2020

Purchasing Power® Offers Half-Day PTO for Employees to Vote in General Election

Purchasing Power is offering its 250+ employees an extra half-day of PTO on or before November 3 to encourage voter participation in the 2020 general election. Additionally, no meetings will be scheduled on Election Day so that employees do not have to work around them. Purchasing Power furthermore...
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Press Release

September 28, 2020

3 ways brokers can help employers with open enrollment during coronavirus

Brokers are working twice as hard to meet their clients’ needs to communicate benefit options effectively to their employees. The COVID-19 pandemic has affected “wellness” on all levels—physical, emotional, relational AND financial. This Open Enrollment season is a prime opportunity for brokers to...
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News
May 25, 2020

Early Withdrawals From 401(k)s Should Be A Last Resort

Most early withdrawals from your 401(k) are for the wrong reason and come with a hefty price-tag. Our Chief Revenue Officer Mike Wilbert explains why in this article published on Insurance news Net. All of the effort employees make to sock away money for retirement is erased when they make early...
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News
May 18, 2020

How voluntary benefits can address the financial hardship of coronavirus

Now more than ever, employees need options for meeting short-term financial needs without compromising thier long-term finances. Our Chief operating officer, Robin Holland offers solid advice to employers about alternatives they can provide hardworking employees in an article published on Employee...
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News
March 30, 2020

Recognizing the Faces of Financial Stress in Your Workforce

The portrait of employee financial stress may not look like you think it does because there are causes affecting workers on different levels. Our Chief Revenue Officer Mike Wilbert explains that financial worries are not based just on how much you earn, but on multiple factors. “Unexpected expenses...
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News
March 6, 2020

Purchasing Power Captures Two 2020 Stevie® Awards for Customer Service

Purchasing Power, LLC received a Gold and a Silver Stevie® Award in the 14th annual Stevie Awards for Sales & Customer Service . Purchasing Power®, one of the fastest-growing voluntary benefit companies in the U.S., offers the leading employee purchase program through the convenience of payroll...
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Press Release
February 11, 2020

New Decade Promises Expansion and Diversification of Voluntary Benefits

The voluntary benefit industry is poised for accelerated expansion and increased adoption over the next decade as talent attraction and retention continue to be top priorities for employers, according to Trey Loughran, chief executive officer of Purchasing Power®, a voluntary benefit company that...
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Press Release
February 10, 2020

Purchasing Power® Appoints Robin Holland as Chief Operating Officer

Purchasing Power, LLC, a voluntary benefit company offering the leading employee purchasing program through the convenience of payroll deductions, today announced that Robin Holland has been appointed as the company’s Chief Operating Officer. In her new role, Holland will be responsible for leading...
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Press Release
December 16, 2019

Purchasing Power Offers New Vacations Program

Purchasing Power®, a voluntary benefit company that offers the leading employee purchase program through the convenience of payroll deduction, is introducing new features of its vacation planning tool to better help employees use their vacation days without adding financial stress to their lives...
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Press Release

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