Employee Purchase Plan
No-Interest Employee Purchasing Program from BenefitsMe
- Shop Online for Thousands of Brand-Name Items Purchased Through Simple Payroll Deduction
- Manageable Payments with No Interest or Hidden Fees
- No Credit Check Required
- Competitively Priced to Retail
- Items Conveniently Delivered to Your Door
- Wide-Variety of Shopping Categories, Ranging from Home Appliances to Clothing
Pay Smarter • Live Better
Provide your workforce with the benefit of a simple, more affordable way to purchase name brand, retail items through BenefitsMe. Allison Insurance & Financial Services in Little Rock, AR helps deliver this no-cost benefit to businesses, allowing their employees access to online shopping of thousands of categories, ranging from electronics to home goods.
BenefitsMe requires no credit check, no added interest, or hidden fees. Through manageable payroll deduction payments, your employees gain access to an online store with competitively priced housewares, clothing, and more. Call (800) 220-0879 today to learn more.
Understanding the Purchase Plan
How Do You Determine Who is Eligible?
- 18 years or older
- $15,000 of annual income
- Be benefit eligible in 6 months
- An active and benefit eligible employee
Are There Limitations On How Much An Employee Can Spend?
BenefitsMe will establish a BenefitsMe Allowance based on tenure and income shown in the table below:
Income Range
Minimum | Minimum | Allowance Tiers |
---|---|---|
$15,000 | $25,000 | $500 |
$25,001 | $35,000 | $750 |
$35,001 | $50,000 | $1,000 |
$50,001 | $65,000 | $1,500 |
$65,001 | $75,000 | $2,000 |
$75,001 | N/A | $2,500 |
How Do The Employees Know Where To Shop?
As part of implementation, BenefitsMe will develop a customized marketing campaign along with a unique branded URL for your company
How Does the Payroll Deduction Work?
The payroll deduction can be accomplished in one of several easy methods depending on the current setup:
- Simple file import of data file
- Direct connectivity if currently available
- File exchange is secure and encrypted
BenefitsMe will work directly the HR team to make implementation easy
How Does The Program Kick-off?
There are 5 things to get started:
Need an Initial Eligibility File
- Employee ID to identify employee
- Indication of income to assign Spending Allowance
- Date of Hire to determine eligibility
Internal Marketing Support
- Kick-off of program
- Branding of unique website for employees
- PCW generates all marketing materials
Confirmation of Payroll Deduction Process
- Recurring submission in accordance with
- your payroll process
- Single deduction code
- Simple file import
- Complete application