Hello Wallet - Employer Brochure

The need for HelloWallet

Increase productivity and engagement

82% of employees report being more focused at work when their personal nances are in order

HelloWallet empowers employees to feel more in control by providing easy to use—yet powerful—budgeting and cash-ow optimization tools

Stretch compensation spend

In an environment where raises are lower than desired, HelloWallet’s tools for boosting wealth provide employees with personalized tactics to do more with their current pay

Solve workplace financial competency issues

56% of employees who are not saving for retirement report needing all the money from paychecks for living expenses – keeping many from effectively utilizing and appreciating their total rewards

HelloWallet aids in the implementation of HelloWallet aids in the implementation of benets cost-sharing by helping employees get over their behavioral hurdles and “nd the money to save” in their contributory retirement and health plans

Provide unbiased, conflict-free guidance that complements

existing programsBecause employees do not want to be sold to, HelloWallet does not accept referral fees or commissions from nancial institutions – our guidance is always in the best interests of your employees

HelloWallet also complements investment HelloWallet also complements investment education and advice programs by helping employees achieve higher savings levels

Reach diverse employee populations at a very low cost

72% of employees either do not want to talk to a nancial advisor or prefer to wait until they have a certain amount of money saved up before speaking to someone

HelloWallet is an accessible online solution for HelloWallet is an accessible online solution for employees who do not think “nancial planning” is for them or who are embarrassed to ask for help with basic nancial decisions

The result: HelloWallet delivers up to ve times the utilization of traditional nancial planning programs at about 1/5 the cost

Increase wealth by an average of $2,191 through setting and sticking to savings and debt goals

Find an average savings of $441 from better bank products and allocation across deposit accounts.

Reduce overall debt levels over a period where U.S. households increased their debt

Achievable measureable impact and return on investment (ROI)

HelloWallet allows employers to benchmark nancial health levels (savings, debt, etc.) and measure improvements in retirement readiness through aggregated quarterly reports

Highly personalized calculations that consider income and expenses

Customized suggestions for boosting wealth

Recommendations for balancing multiple, competing nancial priorities

Dynamically tracked expenses, budgets, and goals in real-time

Friendly email alerts to keep employees and their families on-track

Organized view of all nancial accounts in one place

Reduced nancial stress, achieving peace of mind and holistic wellnessReduced nancial stress, achieving peace of mind and holistic wellness

Highly personalized calculations that consider income and expenses

Customized suggestions for boosting wealth

Recommendations for balancing multiple, competing nancial priorities

Dynamically tracked expenses, budgets, and goals in real-time

Friendly email alerts to keep employees and their families on-track

Organized view of all nancial accounts in one place

Reduced nancial stress, achieving peace of mind and holistic wellnessReduced nancial stress, achieving peace of mind and holistic wellness

Beta version of HelloWallet helped employees:

“HelloWallet is much more sophisticated than anything on the market and like nothing else we have.” - VP Global Compensation and Beneifts, Fortune 20 Manufacturing Company

“Providing financial advice and education in the workplace typically gives you a highly productive, satisfied employee [because] you’ve eliminated an enormous stress in their life.” - Senior Vice President, IBM Human Resources

The HelloWallet solution

Clear benefits for your business

A simple yet powerfulresource for employees

Demonstrated measureable results

U.S. workers are $6 trillion behind on retirement savings as they

struggle to make sound decisions with their paychecks while

balancing multiple, competing priorities – like getting out of debt,

paying monthly bills, buying a house, or funding a child’s education.

Traditional employer-provided nancial education and investment

advice helps participants determine retirement savings levels and

asset allocation based on their risk tolerance and goals.

However, the challenge – particularly for workers However, the challenge – particularly for workers living paycheck-to-paycheck – is achieving these recommended savings levels.

It is no wonder that more than 6 out of 10 retirement plan participants

acknowledge they are not saving enough for retirement and should

have started saving earlier.

Help your employees keep more of what they earn and improve their financial health