About Our Employee Purchase Program
Benefits Employees Truly Value
Purchasing Power is the premier employee purchase program that gives employees an easy, responsible way to buy name brand products like computers, electronics, home appliances and furniture through payroll deduction.
Purchasing Power is a great voluntary benefit to add to your current benefits package at no cost and no liability to you, the employer. Through our easy-to-administer program, we can help your company increase employee loyalty, become more competitive, and help you attract top talent.
You can be proud to offer a benefit that takes care of the whole employee – mentally, physically and emotionally – so your employees are productive and valuable assets to the company. Your employees will have access to products that help them achieve their fitness goals, continue their education, enrich their home life, and relieve financial stress. Our goal is to help you have employees who are focused and happy at work.
How it Works:
- Easy Qualification: There are no credit checks, no additional fees, and no ballooning payments. Employees must be 18 years old and meet minimum salary and tenure requirements.
- Easy Payments: Automatic payments mean employees don’t have to worry about writing an extra check every month. They won't be late making payments, so they will not risk incurring late payment fees.
- Easy Budgeting: We have purchase limits based on salary in place that protect the employee from overextending his paycheck.
Fast Facts About Purchasing Power:
- Employees appreciate their employers for offering Purchasing Power - 71% of Purchasing Power customers say access to the program increases their overall satisfaction with their employers.
- Employees keep coming back -Purchasing Power set an industry leading reorder rate of greater than 50%.
- Educating our country’s youth about financial literacy is important -Purchasing Power encourages financial literacy by supporting Junior Achievement.
If you have any questions on these new services and resources that we are providing our Sage HRMS customers,
please Contact Us or Call 866-885-7212.