SecureSave is the category leader in workplace emergency savings programs.
Transcription:
What is SecureSave?
Yeah, so SecureSave, we provide workplace emergency savings accounts. We work with employers to really solve the problem that you see up there. 56% of Americans don't have even $1,000 in emergency savings, and employers know that that problem is really impacting them. It hurts on productivity, it definitely impacts around recruiting, retention. It shows up most definitely in the retirement and retirement readiness. And so, we've built a platform that supports both employees and employers to solve this problem in as little as 12 months.
How is SecureSave different?
Well, it's all about the results. You know, the thing about emergency savings, it is a very popular concept with people. Employees love the idea of workplace emergency savings, and we really bring that excitement and interest into the topic to life. And you see that in super high adoption rate. We consistently see 50, 60% adoption of employees that are invited to the program, and they stick with it. They save consistently. They get to $1,000 in just about a year, as we said, and they love the product. 94% customer satisfaction rating. And ultimately, this is what it's all about. If you want to make a positive impact on your employees and should have that show up at work, you need them to adopt the program, to save, and to stick with it. And that's exactly what SecureSave does, and that's what we do better than anyone else.
Who is a good fit for SecureSave?
Yeah, so our number one industry is healthcare. Number two is manufacturing, then services of a whole variety, and then a lot of different employers. But typically we're working with employers of all sizes, that are mature businesses with usually really great benefits, and they're looking for a variety of different things. And that's one of the things they like about emergency savings is, is that it really appeals to a wide array of employers and problems. And so you can design these programs and the incentives that are included around trying to improve recruiting, retention. There's a lot of research that demonstrates the improvement in retirement readiness by reducing loans, increasing participation. And then again, employees love this idea. They participate en masse. And so, it's a great way to really demonstrate your focus on improving employee wellbeing, and to demonstrate that you're committed as an employer to improving financial wellbeing of their employees. So really it's a great fit for employers of all sizes. Definitely a huge attraction for low to moderate income employees as well. And really, depending on the problem that you have, we can help design a program that's gonna be a perfect match for you and your employees.
