SavvyFi - 3x3x3 Challenge with Jovica Djurdjevic
SavvyFi offers a comprehensive education benefits bundle for employees, covering college savings, loan repayment, and more, tailored for forward-thinking employers to address workforce financial stress.
Transcript:
What is SavvyFi?
SavvyFi is a holistic education benefit bundle that minimizes friction for both employees and employers to help the employees engage with their financial wellbeing goals and objectives. We support college savings, student loan repayment, public service loan forgiveness, and continuous education. For employers, we create a scalable, impactful, and simple benefit that integrates directly into existing systems.
How is SavvyFi different?
SavvyFi is the only offering in the marketplace that covers this broad of a education benefit bundle. Everything from college savings, student loan repayment, tuition reimbursement, having the ability to touch every single employee within the workforce that may have a specific need, whether it's saving for college for their kid, grandkid, niece, nephew, godchild, all the way to paying off their own loans or saving for a spouse for continuing their education. That bundled solution creates an equitable benefit within any organization for their employees.
Who is a good fit for SavvyFi?
A good fit for SavvyFi is going to be a forward-thinking employer that's interested in addressing the financial stress in the workforce, especially as Gen Z grows and becomes a larger and larger cohort. We have been utilized by companies as small as 100, under 100 employees all the way to 10,000 plus for things as creative as sign-on bonuses tied to student loans and retention bonuses tied to student loans, all the way to just simple monthly contributions via section 127 or 529s. Our scalable SaaS model makes it impactful within small businesses and large enterprises, and in the nonprofit space, we are able to make sure to streamline the public service loan forgiveness process, ensuring compliance and making sure that none of the employees or the employer are inadvertently making a mistake that could cost the employee tens of thousands of dollars in the long run.
Transcript:
What is SavvyFi?
SavvyFi is a holistic education benefit bundle that minimizes friction for both employees and employers to help the employees engage with their financial wellbeing goals and objectives. We support college savings, student loan repayment, public service loan forgiveness, and continuous education. For employers, we create a scalable, impactful, and simple benefit that integrates directly into existing systems.
How is SavvyFi different?
SavvyFi is the only offering in the marketplace that covers this broad of a education benefit bundle. Everything from college savings, student loan repayment, tuition reimbursement, having the ability to touch every single employee within the workforce that may have a specific need, whether it's saving for college for their kid, grandkid, niece, nephew, godchild, all the way to paying off their own loans or saving for a spouse for continuing their education. That bundled solution creates an equitable benefit within any organization for their employees.
Who is a good fit for SavvyFi?
A good fit for SavvyFi is going to be a forward-thinking employer that's interested in addressing the financial stress in the workforce, especially as Gen Z grows and becomes a larger and larger cohort. We have been utilized by companies as small as 100, under 100 employees all the way to 10,000 plus for things as creative as sign-on bonuses tied to student loans and retention bonuses tied to student loans, all the way to just simple monthly contributions via section 127 or 529s. Our scalable SaaS model makes it impactful within small businesses and large enterprises, and in the nonprofit space, we are able to make sure to streamline the public service loan forgiveness process, ensuring compliance and making sure that none of the employees or the employer are inadvertently making a mistake that could cost the employee tens of thousands of dollars in the long run.