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November 19, 2021

Employees Expect Their Financial Situation to Improve in 2022, But Not Financial Stress

Most of us have been affected in a number of ways by the pandemic in both our personal and professional lives. Across all industries and salary levels, workplace changes have ranged from layoffs and cutbacks in hours to working remotely and more. Perhaps the biggest impact for employees in all...
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November 07, 2021

New Research: Employees Speak Out About What Worries Them Financially and the Importance of Financial Well-Being Benefits

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...
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October 15, 2021

The Great Resignation: What Employees Say Can Be A Game Changer

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...
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September 17, 2021

What Students Learn Outside of the Classroom Is Just As Important

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...
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September 15, 2021

Anniversary Milestone Offers Opportunity to Honor the Past and Empower the Future

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...
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August 30, 2021

Public Sector Can Begin to Level the Playing Field in the War for Talent

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...
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August 25, 2021

Employers’ Role in Back-to-School Buying Can Relieve Parents’ Stress

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...
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August 24, 2021

4 Important Ways Benefits Brokers Will Be Guiding Clients in 2021

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...
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August 12, 2021

Not All “Buy Now, Pay Later” Plans Are Created Equal

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...
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