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Since 2006, employees of Cape Fear Valley Health Systems have been using Purchasing Power’s convenient payroll deduction to bring home personal computers. See how expanding product offerings put them in a more powerful position to manage their purchasing decisions.
CASE STUDY
CLIENT SINCE NOV, 2006
Eligible Employees
4K+Lifetime Customers
3K+Repeat Buyer Frequency
89%Annual Utilization Rate
31% Averutilization r
age prograte is
am
10-20%
RESULTS AS OF JAN 1, 2018
How a leading healthcare provider offered its own employees aa cleaner billof financial health.
A full catalog to fulfill their purchasing needs. With increased purchasing options, Cape Fear became more successful with recruiting and retention efforts. Cape Fear Valley was already familiar and pleased with the value Purchasing Power’s low-cost, easy-to-administer purchase program delivered to its employee benefits package. But with recruitment of new qualified prospects and retention of the most tenured employees becoming increasingly competitive, it needed to expand its program offering to provide more than just computers.
In 2010, after receiving not only positive employee comments about the convenience of payroll deduction purchasing, but also requests for additional purchasing options such as electronics and home appliances, Cape Fear Valley’s Senior Vice President of Human Resources decided to expand its Purchasing Power benefits offering to include the full catalog of products and services.
Cape Fear Valley now offers the full catalog, giving its employees access to products and services that empower them to make more affordable decisions to help their personal and professional goals. They’ve discovered that employee benefits with better terms keep employees happier for the long term.
Learn more at www.PurchasingPower.com/Employers
The ability to purchase big-ticket items, whether it’s flat screen TVs [or] computers, and be able to do it through payroll deduction, allows employees who are budget conscious to not have to buy something all at once. The quality of the products that we see on the Purchasing Power website are excellent.- Senior Vice President of Human Resources for Cape Fear
Salary
“Purchasing Power” is a registered trademark of Purchasing Power, LLC. Other trademarks or registered trademarks used are the property of their respective owners.
Pub. Date 04.2020 © 2020 Purchasing Power, LLC. All rights reserved | * Definitive 2019 customer survey responses
O V E R A L L , H E R E ’ S W H A T O U R C U S T O M E R S S A Y *
EMPLOYEE SNAPSHOT
AS OF APR 2020
Recommendation Rating
81% would recommend to their family, friends,
or coworkers**Survey results are from first time buyers
Products Purchased
71% say it reduces financial
stress.
69% would have to save up if they didn't have our
program.
50% are more likely to stay with their organization.
A+
BBB Rating
“I love shopping on your site—I get all my Christmas and birthday gifts here. I love that the payments are a small amount that comes
out of my pay each week.”
Heather J.