Newsroom

Purchasing Power recently conducted an informal survey of HR professionals to assess the impact that both COVID-19 and financial stress is having in their workforces. A second survey sought to identify the recommendations benefit brokers will be making to their clients to address the concerns. CRO...

Assad Lazarus has been named Executive Vice President, Public Sector and Chief Development Officer at Purchasing Power, LLC, a voluntary benefit company offering the leading employee purchasing program through the convenience of payroll deductions. In this new dual role, Lazarus is charged with...

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...

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...

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...

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...

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...

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...