Since 2001, Purchasing Power has helped organizations like yours improve employee retention, productivity and satisfaction with our employee purchase program. No other company like ours has the knowledge, experience and proven track record to support large employers and their most financially at risk employees. And we do it with no cost or liability for you.
It used to be simple. Retirement programs were enough to help employees prepare for their financial future. But many have trouble meeting their immediate needs and turn to expensive financing options, like high interest credit cards, payday loans and retirement withdrawals to make purchases they can’t afford otherwise. This leads to stress that decreases productivity and increases turnover and healthcare costs.
Purchasing Power fills the gaps for employees who need a financing alternative:
Our industry leading purchase program makes it possible for employees to buy the products they need and want through the ease of payroll deduction. And our financial wellness tools and resources help them make positive financial choices. Without financial distractions, employees are more productive and engaged in their work. And by offering a benefit that supports their personal and professional goals, your company is more likely to retain them.
Our program allows employees to access over 50,000 brand name products and services. Through payroll deduction, they make manageable payments over a 12month period with no ballooning interest, hidden fees or credit check. We believe transparency is critical; with Purchasing Power, what you see is what you get.
Our Products and Services
All products are current models, brand new, and delivered up front. Many of our items come with warranties from SquareTrade, a top rated warranty provider.
Our experience serving financially under-served employees has shown us that access to products and services is important, but they also need tools and resources that empower them to take control of every aspect of their finances. That is why we partner with innovative companies to provide access to credit monitoring and education resources as well as financial wellness content.