Purchasing Power

Come November, we’ll be trading in the fall breeze for warmer, sunny skies. Purchasing Power will be at International Foundation of Employee Benefit Plans (IFEBP)'s 70th annual #EmployeeBenefits Conference from November 10-13. Are you planning to go? We will see you there! #IFAnnual #Reimagine

According to the Federal Reserve Bank of St. Louis, in July 2024, the personal savings rate hit its lowest rate in 15 years. What’s more, nearly one-half of all U.S. employees struggle to meet regular household expenses each month. Value your employees by opting into Purchasing Power’s employee purchasing program. Learn how easy it works?https://lnkd.in/ec6JB_gc #Empower #PersonalSavings #EmployeeBenefits

According to SHRM's 2024 Employee Benefits Survey, over 50% of survey respondents said nonretirement financial benefits are important to them. Uncover the other benefits ranking high on employees’ lists via SHRM https://lnkd.in/eqNk9MH4 #Winning

Employee benefits have evolved significantly thanks to the current competitive talent market. According to Transunion's 2024 Employee Benefits Survey, “Financial stability, mental health support and access to wellness programs are no longer seen as ‘extras’ but as essential components of a competitive compensation package.” Read more about the survey’s findings via TechRepublic https://lnkd.in/ew4sdBCE #Winning

Today's workplace is made up of traditionalists, baby boomers, Gen X, millennials and Gen Z. Not only do these generations manage differently, but they also look at employee benefits differently. According to the U.S. Office of Personnel Management’s 2023 Federal Employee Benefits Survey report, 94% of millennial and Gen Z respondents said Federal Employee Health Benefits were either important or extremely important to them, compared with only 84% of baby boomers and older generations. The results underpin the importance of having diverse employee benefits that fit workers’ needs. Learn more about Purchasing Power’s unique financial wellness program by visiting https://lnkd.in/ewp5ZwKH ? #Reimagine?

Purchasing Power: Powering People to a Better Life #voiceofthecustomer #Empower

#WINNING #FridayThoughs brought to you by Forbes https://lnkd.in/eJkW-9iE

HR professionals play a vital role in keeping organizations thriving, from recruiting the best talent to fostering a positive workplace culture and managing employee development and voluntary benefits. Today, we celebrate all HR professionals. #HRProfessionalDay #Powering #PeopleFirst

According to Pew Research Center, state budgets are expected to substantially reduce in FY'25, requiring state organizations to seek creative solutions to attract and retain employees. Can voluntary employee benefits be the answer??#REIMAGINE https://lnkd.in/etiMjkGg

A recent Wall Street Journal poll signaled that the American Dream feels out of reach for most. This isn't surprising, given that nearly 58% of our recent retail survey respondents have $1,000 or less in their savings accounts. Help reduce your employees' stress in an emergency with a cost-effective employee benefits program.?https://lnkd.in/ewp5ZwKH #EMPOWER