What Companies Does ONE@Work Own?
ONE@Work, a trailblazing financial wellness app, has garnered attention for its innovative approach to workplace financial solutions. This article explores what companies does ONE@Work own.
Let’s find out…
The app is designed to empower employees by providing them with tools and resources to manage their finances efficiently.
Beyond its core app, ONE@Work’s ecosystem includes a portfolio of companies that support its mission of holistic financial wellness.
In this article, we will explore the companies owned by ONE@Work and how they contribute to the brand’s overarching vision.
Who Owns ONE@Work?
ONE@Work is owned by ONE Financial Holdings, a diversified financial services company committed to enhancing financial literacy and wellness for individuals and businesses.
The parent organization’s vision aligns closely with the app’s mission, emphasizing innovation, accessibility, and financial empowerment.
What Companies Does ONE@Work Own?
ONE@Work’s portfolio comprises several companies that enhance its ability to deliver comprehensive financial services. Each company plays a strategic role in the app’s ecosystem:
PayEase Solutions
PayEase Solutions specializes in seamless payroll integration for businesses, enabling employees to access earned wages before payday. This service is especially beneficial for employees facing unexpected financial emergencies or needing liquidity before their scheduled payday.
The system integrates directly with ONE@Work, streamlining payroll processes for employers while providing employees with real-time financial relief. This feature helps individuals better manage their cash flow, reduce stress, and avoid costly payday loans, fostering financial stability.
By offering a transparent and efficient platform, PayEase Solutions ensures both employers and employees benefit from enhanced financial flexibility and peace of mind.
FinWell Advisors
FinWell Advisors offers personalized financial counseling services designed to empower individuals to take control of their financial futures. Their team of certified financial planners collaborates with users to craft customized plans that address a wide range of financial needs.
Whether it’s managing day-to-day budgeting, creating debt reduction strategies, or planning for future investments, FinWell Advisors takes a holistic approach to financial wellness.
By combining expertise in personal finance with a deep understanding of each user’s unique goals, the company provides actionable insights that lead to improved financial outcomes.
This personalized guidance is an invaluable resource for employees striving to achieve both short-term stability and long-term wealth.
SafeSave Insurance
SafeSave Insurance provides affordable and accessible insurance products, ensuring employees have access to the protection they need in times of uncertainty.
Their offerings span across various types of coverage, including health, life, and disability insurance, making it easier for employees to secure comprehensive protection. SafeSave’s policies are designed to be user-friendly and cost-effective, allowing employees to tailor their coverage according to their specific needs.
By partnering with ONE@Work, SafeSave ensures that insurance options are seamlessly integrated into the app, allowing users to manage their coverage alongside other financial services.
This integration not only enhances the security of users’ health and financial well-being but also provides them with an extra layer of reassurance in the event of unforeseen circumstances.
InvestEd Solutions
InvestEd Solutions is dedicated to empowering employees with the knowledge and tools necessary to make informed investment decisions. The company simplifies the often-complex world of investing by providing easy-to-use platforms and educational resources that demystify investment opportunities.
Whether users are just beginning their investment journey or looking to optimize their existing portfolios, InvestEd Solutions offers expert advice and resources. This service helps employees build long-term wealth by guiding them through various investment options such as stocks, bonds, and retirement accounts.
With the integration of InvestEd Solutions within ONE@Work, users can conveniently access investment tools, track their progress, and receive updates, fostering financial growth through informed decision-making.
HealthSaver Accounts
HealthSaver Accounts is a subsidiary of ONE@Work focused on providing efficient management of Health Savings Accounts (HSAs). With the rising costs of healthcare, individuals must set aside funds for medical expenses, and HealthSaver Accounts offers a convenient and flexible solution.
The service integrates seamlessly with ONE@Work, allowing users to set up, manage, and allocate funds for healthcare costs directly within the app. This proactive approach encourages users to save for potential medical expenses, reducing the financial strain during healthcare emergencies.
By providing clear insights into HSA balances, tax advantages, and eligible expenses, HealthSaver Accounts promotes financial preparedness and health security, ensuring users are equipped to face future healthcare costs with confidence.
When Was ONE@Work Founded?
ONE@Work was founded in 2014, at a time when financial wellness was becoming an essential focus for employers and employees alike.
Recognizing the gap in workplace financial education, ONE@Work’s founders sought to create a solution that combined technology and financial expertise.
Who Is the CEO of ONE@Work?
The CEO of ONE@Work is Jon Schlossberg, a visionary leader with a background in financial technology and employee benefits.
Under her guidance, the company has expanded its offerings and strengthened its position as a leader in workplace financial wellness.
Where Is the Headquarters of ONE@Work?
ONE@Work is headquartered in San Francisco, California. The city’s vibrant tech ecosystem and culture of innovation provide the perfect backdrop for the company’s growth and development.
What Is the Annual Revenue of ONE@Work?
As of available information, ONE@Work reported an annual revenue of approximately $11.2 million. This impressive figure reflects the company’s growing user base and the success of its comprehensive financial wellness offerings.
How Many Employees Does ONE@Work Have?
ONE@Work employs over 450 professionals across various domains, including technology, finance, customer support, and marketing.
The diverse team works collaboratively to ensure the app’s seamless functionality and the success of its subsidiary companies.
Final Thoughts
ONE@Work’s commitment to financial wellness extends beyond its app, encompassing a diverse portfolio of companies that address various aspects of financial health. From payroll solutions to investment education, these subsidiaries work in tandem to provide users with a robust, all-encompassing financial toolkit. With its innovative approach, strategic leadership, and strong foundation, ONE@Work continues to redefine financial wellness in the workplace.
FAQs
What is One@Work’s primary focus?
One@Work focuses on providing innovative workplace solutions, including earned wage access, financial wellness programs, and HR technology integration.
How does earned wage access work?
Earned wage access allows employees to access a portion of their earned wages before payday, typically through a mobile app or online platform.
Is One@Work only for large companies?
No, One@Work’s solutions are designed for businesses of all sizes, from small startups to large enterprises.
Are One@Work’s services expensive for employers?
One@Work offers flexible pricing models, and many of its services are cost-neutral or low-cost for employers, with fees often borne by employees who choose to use the services.
How does One@Work improve employee retention?
By offering financial wellness tools and earned wage access, One@Work helps reduce financial stress, which can lead to higher employee satisfaction and retention.
Can One@Work integrate with existing payroll systems?
Yes, One@Work’s solutions are designed to integrate seamlessly with most payroll and HR systems, including ADP.
Is One@Work available internationally?
While One@Work primarily operates in the United States, some of its services and partnerships may have international reach.
How does One@Work ensure data security?
One@Work adheres to strict data security standards and complies with all relevant regulations to protect employee and employer information.
What industries does One@Work serve?
One@Work serves a wide range of industries, including retail, healthcare, hospitality, manufacturing, and more.
How can employers get started with One@Work?
Employers can visit the One@Work website or contact their sales team to learn more about available solutions and schedule a demo.
