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©2014, Purchasing Power, LLC. All rights reserved.
THE LEADING
EMPLOYEE PURCHASE
PROGRAM
©2014, Purchasing Power, LLC. All rights reserved. This document is proprietary and confidential. No part of this
document may be disclosed in any manner to a third party without the prior written consent of Purchasing Power, LLC.
1
©2014, Purchasing Power, LLC. All rights reserved.
Who We Are:
Purchasing Power is a voluntary benefit program providing
employees financial flexibility and a way to buy needed products
and services through payroll deduction.
How We Support You:
Purchasing Power will help you with a no-cost and no-liability
benefit that supports recruitment, engagement, and ultimately
retention and productivity to help lower your business costs.
2
PURCHASING POWER
©2014, Purchasing Power, LLC. All rights reserved.
MetLife’s 10th Annual Study of Employee Benefits
Trends, published in 2012, revealed that:
• 60% of employees say employee benefits offered are an
important reason to remain with an employer.
• 61% of employees report they value voluntary benefits as a
way to obtain benefits that meet their personal needs.
• 54% of employees are interested in having their employers
provide a wider array of voluntary benefits that they can
choose from and pay for on their own.
3
INDUSTRY ANALYSIS
©2014, Purchasing Power, LLC. All rights reserved.
A Harris 2013 Poll, revealed:
• More than 44% of working people do not have $2000
or more for an emergency purchase.
• 31% of employees are unable to prepare for
long-term financial needs,
• While another 50% wish they were more
prepared.
• 28% of employees admit that personal finances
are a distraction at work, with the average
affected person experiencing financial
presenteeism of more than 2 hours per week.
Access our white paper
below to learn more about
how financial stress is
affecting your employees.
4
WHY PURCHASING POWER?
©2014, Purchasing Power, LLC. All rights reserved.
Engagement
Retention
Keep Costs Down
Healthcare Reform
Productivity
Presenteeism
Health & Welfare
Recruitment
Absenteeism
Company Goals
Morale
5
WHY PURCHASING POWER?
©2014, Purchasing Power, LLC. All rights reserved.
* Based on November 2012 survey results from 601 Purchasing Power customers.
6
PROGRAM OUTCOMES
©2014, Purchasing Power, LLC. All rights reserved.
7
PRODUCT CATALOGS
©2014, Purchasing Power, LLC. All rights reserved.
Help Your Employees Take Control of Their Financial Future
• Credit Reporting & Monitoring
 Through our partner, Quizzle, access free tools and
educational resources to make the world of credit
more accessible.
• Complimentary Educational Webinars
 Attend financial wellness webinars on topics such
as budgeting tips for the holidays, student loan debt,
preventing loans from retirement plans, and more.
• Expert resources
 Articles and tips on money management,
understanding credit and financial planning from
industry expert Bill Cheeks.
Learn more by visiting our
Financial Wellness page.
8
FINANCIAL WELLNESS
©2014, Purchasing Power, LLC. All rights reserved.
• We currently have over 7,000 products and growing.
• Each month, Purchasing Power conducts a true apples-to-apples cash
comparison, including the value added products and services we
bundle and shipping costs.
• Well known retailers are used for the comparisons - typically Best Buy,
Sears, Macys, Target and Walmart.
9
OUR PRICING MANAGEMENT PROCESS
©2014, Purchasing Power, LLC. All rights reserved.
10
FINANCIAL WELLNESS
©2014, Purchasing Power, LLC. All rights reserved.
We make it as simple as possible.
• All employees who meet the eligibility requirements (based on tenure
and salary) are automatically qualified – there is no credit check.
• When shopping on the Purchasing Power website, the employee will
know the total price up front and how much will be deducted from each
paycheck over a 12-month period in order to budget effectively and
promote responsible spending.
11
CUSTOMER EXPERIENCE
©2014, Purchasing Power, LLC. All rights reserved.
12
EASY PROGRAM ADMINSTRATION
©2014, Purchasing Power, LLC. All rights reserved.
 Dedicated Website
 Home Mailers
 Email
A variety of communication vehicles are used:
 Posters
 Newsletters
 Flyers
 Intranet
 Benefit Fairs
Purchasing Power handles the communication of the program to employees from start to
finish, covering all costs
13
COMMUNICATION PLAN
©2014, Purchasing Power, LLC. All rights reserved.
14
WEBSITE DEMO
©2014, Purchasing Power, LLC. All rights reserved.
• 12+ years in the voluntary benefit industry
• Serves over 6 million customers
• Clients encompass 250 companies and 16 industries
• Processed over 20 million payroll deductions
• Over $1 billion in orders through payroll deduction platform
• Offering brand name products across 13 categories
1515
PURCHASING POWER- ABOUT US
©2014, Purchasing Power, LLC. All rights reserved.
©2014, Purchasing Power, LLC. All rights reserved. This document is proprietary and confidential. No part of this
document may be disclosed in any manner to a third party without the prior written consent of Purchasing Power, LLC.
Thank You!
Clients & Customers Testimonial
www.youtube.com/PurchasingPowerTV
IAML Services, Inc.
450 Newport Center Dr., Suite 390
Newport Beach, CA 92660
(949) 760-1700
To Learn More, Please Contact:

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Purchasing Power Program

  • 1. ©2014, Purchasing Power, LLC. All rights reserved. THE LEADING EMPLOYEE PURCHASE PROGRAM ©2014, Purchasing Power, LLC. All rights reserved. This document is proprietary and confidential. No part of this document may be disclosed in any manner to a third party without the prior written consent of Purchasing Power, LLC. 1
  • 2. ©2014, Purchasing Power, LLC. All rights reserved. Who We Are: Purchasing Power is a voluntary benefit program providing employees financial flexibility and a way to buy needed products and services through payroll deduction. How We Support You: Purchasing Power will help you with a no-cost and no-liability benefit that supports recruitment, engagement, and ultimately retention and productivity to help lower your business costs. 2 PURCHASING POWER
  • 3. ©2014, Purchasing Power, LLC. All rights reserved. MetLife’s 10th Annual Study of Employee Benefits Trends, published in 2012, revealed that: • 60% of employees say employee benefits offered are an important reason to remain with an employer. • 61% of employees report they value voluntary benefits as a way to obtain benefits that meet their personal needs. • 54% of employees are interested in having their employers provide a wider array of voluntary benefits that they can choose from and pay for on their own. 3 INDUSTRY ANALYSIS
  • 4. ©2014, Purchasing Power, LLC. All rights reserved. A Harris 2013 Poll, revealed: • More than 44% of working people do not have $2000 or more for an emergency purchase. • 31% of employees are unable to prepare for long-term financial needs, • While another 50% wish they were more prepared. • 28% of employees admit that personal finances are a distraction at work, with the average affected person experiencing financial presenteeism of more than 2 hours per week. Access our white paper below to learn more about how financial stress is affecting your employees. 4 WHY PURCHASING POWER?
  • 5. ©2014, Purchasing Power, LLC. All rights reserved. Engagement Retention Keep Costs Down Healthcare Reform Productivity Presenteeism Health & Welfare Recruitment Absenteeism Company Goals Morale 5 WHY PURCHASING POWER?
  • 6. ©2014, Purchasing Power, LLC. All rights reserved. * Based on November 2012 survey results from 601 Purchasing Power customers. 6 PROGRAM OUTCOMES
  • 7. ©2014, Purchasing Power, LLC. All rights reserved. 7 PRODUCT CATALOGS
  • 8. ©2014, Purchasing Power, LLC. All rights reserved. Help Your Employees Take Control of Their Financial Future • Credit Reporting & Monitoring  Through our partner, Quizzle, access free tools and educational resources to make the world of credit more accessible. • Complimentary Educational Webinars  Attend financial wellness webinars on topics such as budgeting tips for the holidays, student loan debt, preventing loans from retirement plans, and more. • Expert resources  Articles and tips on money management, understanding credit and financial planning from industry expert Bill Cheeks. Learn more by visiting our Financial Wellness page. 8 FINANCIAL WELLNESS
  • 9. ©2014, Purchasing Power, LLC. All rights reserved. • We currently have over 7,000 products and growing. • Each month, Purchasing Power conducts a true apples-to-apples cash comparison, including the value added products and services we bundle and shipping costs. • Well known retailers are used for the comparisons - typically Best Buy, Sears, Macys, Target and Walmart. 9 OUR PRICING MANAGEMENT PROCESS
  • 10. ©2014, Purchasing Power, LLC. All rights reserved. 10 FINANCIAL WELLNESS
  • 11. ©2014, Purchasing Power, LLC. All rights reserved. We make it as simple as possible. • All employees who meet the eligibility requirements (based on tenure and salary) are automatically qualified – there is no credit check. • When shopping on the Purchasing Power website, the employee will know the total price up front and how much will be deducted from each paycheck over a 12-month period in order to budget effectively and promote responsible spending. 11 CUSTOMER EXPERIENCE
  • 12. ©2014, Purchasing Power, LLC. All rights reserved. 12 EASY PROGRAM ADMINSTRATION
  • 13. ©2014, Purchasing Power, LLC. All rights reserved.  Dedicated Website  Home Mailers  Email A variety of communication vehicles are used:  Posters  Newsletters  Flyers  Intranet  Benefit Fairs Purchasing Power handles the communication of the program to employees from start to finish, covering all costs 13 COMMUNICATION PLAN
  • 14. ©2014, Purchasing Power, LLC. All rights reserved. 14 WEBSITE DEMO
  • 15. ©2014, Purchasing Power, LLC. All rights reserved. • 12+ years in the voluntary benefit industry • Serves over 6 million customers • Clients encompass 250 companies and 16 industries • Processed over 20 million payroll deductions • Over $1 billion in orders through payroll deduction platform • Offering brand name products across 13 categories 1515 PURCHASING POWER- ABOUT US
  • 16. ©2014, Purchasing Power, LLC. All rights reserved. ©2014, Purchasing Power, LLC. All rights reserved. This document is proprietary and confidential. No part of this document may be disclosed in any manner to a third party without the prior written consent of Purchasing Power, LLC. Thank You! Clients & Customers Testimonial www.youtube.com/PurchasingPowerTV IAML Services, Inc. 450 Newport Center Dr., Suite 390 Newport Beach, CA 92660 (949) 760-1700 To Learn More, Please Contact: