OAKLAND, Calif.--(BUSINESS WIRE)--At this year’s National Retail Federation Big Show, Jon Schlossberg, CEO of Even.com, will present a special session for large retail employers, analysts, and press titled “How Walmart solved the employee financial wellness equation.” During the session, Jon will announce Even’s new “5:1 ROI Guarantee,” achieved through reductions in staff turnover and absenteeism, for employers that partner with Even in 2019.
Michael May, senior director of the Workforce Dimensions Technology Partner Program at Kronos, will also present on stage with Mr. Schlossberg. Kronos is a leading provider of workforce management and human capital management cloud solutions, which announced a partnership earlier this year to bring Even into the Workforce Dimensions Marketplace.
“What Even has accomplished with Walmart proves that there is a massive need for every employer to offer holistic financial wellness benefits,” said Mr. May. “Workforce Dimensions reimagines what’s possible with workforce management technology and Even is a perfect example of the innovative products that can easily be offered through our platform to solve everyday workforce challenges.”
|Tuesday, Jan. 15 - 11:30am to 12:30pm|
|NRF 2019: Retail’s Big Show|
|Javits Convention Center|
|EXPO Hall, Level 1, Stage 2|
Presenting new details and research about the company’s tremendously popular partnership with Walmart, Mr. Schlossberg will lay out the roadmap that allows any employer to effectively address employee financial stress. Financial stress causes businesses to lose up to $536B a year, and Even lets large employers offer a holistic financial wellness benefit that addresses each of the Four Pillars of Financial Wellness identified by the CFSI. Even integrates with time and attendance, payroll, and banking systems to understand and directly improve the full picture of financial health:
- Instant Budget: Connecting directly with the employee’s bank account, Even instantly creates a personalized budget that takes into account upcoming pay cycles and bills that are coming due.
- Okay to Spend: An alternative to banking apps, Even lets employees know exactly what is “Okay to spend” at any given moment based on their personal budget.
- Instapay earned wage access: Even lets users safely weather financial emergencies and access money they’ve already earned ahead of payday.
- Automatic savings: Even automatically saves small amounts to help employees get ahead and save towards large financial goals.
Together, these core products decrease accidental overspending, eliminate the cost of interest and loans, and help users build savings. Even is also FDIC insured and takes rigorous measures to ensure its system is completely secure, using 256-bit end-to-end encryption and undergoing regular security and privacy audits by some of the nation’s largest employers.
Visit Even at NRF:
- Even executives and team members will be available for in-person meetings at this year’s Big Show at booth 1431. To request a meeting, contact Kevin Brown at email@example.com.
Even is a mission-driven technology company working to end the paycheck-to-paycheck cycle. The company’s technology integrates with attendance, payroll, and banking systems to create innovative products that address the core components of financial health. The company was founded by former Instagram and Google engineers, and is headquartered in Oakland, California. Additional information at www.even.com.
About Kronos Incorporated
Kronos is a leading provider of workforce management and human capital management cloud solutions. Kronos industry-centric workforce applications are purpose-built for businesses, healthcare providers, educational institutions, and government agencies of all sizes. Tens of thousands of organizations — including half of the Fortune 1000® — and more than 40 million people in over 100 countries use Kronos every day. Visit www.kronos.com. Kronos: Workforce Innovation That Works.