The Right Solutions to Encourage Change

Technology and data innovations have transformed almost every department in the modern enterprise. But HR departments have not had access to the data and technology that can help them meaningfully understand their workforce and what strategies and programs they need to drive success for their organizations. HelloWallet® brings the power of modern technology and data insight to help organizations align program spend with employee need while driving positive behavior change.

The HelloWallet DifferenceLearn Why Companies Choose HelloWallet
Employer Impact Employee Impact
Optimize Retirement Optimize Retirement
  • Keep more match dollars going towards your employee’s retirement – last year, $115B was contributed to 401(k) matches and $70B left plans for non-retirement purpose.

  • 50% of members improve 401(k) contributions.

  • Over 33% begin contributing to an emergency fund, reducing plan leakage.

  • 2x faster debt repayment for those with a 401k loan.

Reduce Healthcare Costs Reduce Healthcare Costs
  • Drive successful participation in CDHPs and HSAs – the #1 inhibitor of CDHP participation is fear of higher out-of-pocket costs.

  • 90% feel more financially secure, boosting acceptance and adoption of CDHPs.

  • Receive personalized guidance about HSA contributions based on actual spending behavior.

Reduce Tax Liabilities Reduce Tax Liabilities
  • Boost employee enrollment in your FSA, reducing the corporate tax liability by $76.50 for every $1,000 in pretax contributions.

  • Drive FSA adoption through personalized messaging based on actual spending behavior – 50% of users read personalized messaging each month.

Increase Engagement, Well-being, and Retention Increase Engagement, Well-being, and Retention
  • Reduce churn by making Total Rewards offering more appealing and impactful.

  • Increase employee productivity – $4 for every $1 invested, per recent analysis for Fortune 100 customer.

  • Over 90% of HelloWallet members report satisfaction.

  • 90% feel more financially secure and thereby less distracted at work.

Improve Financial Education Improve Financial Education
  • 9 of 10 workers report feeling distracted at work by financial stress.  Reducing that stress increases employee engagement and productivity.

  • Employees see themselves as habitual savers rather than habitual spenders. They develop sustained behaviors that improve their prosperity and financial opportunity.