Western Union is a global leader in money transfer services, providing fast and secure ways to send money to over 200 countries. With a history dating back to 1851, they offer a range of financial solutions including money transfer, prepaid cards, and bill payments. As a large financial services company with over 100 employees, Western Union could save approximately $119,000 annually through the EBP by optimizing tax credits. Given their extensive services and global reach, the decision to adopt EBP would likely be influenced by the potential for significant cost savings, improved employee retention, and a competitive benefits package. The Customer Service Representative plays a key role in making benefits decisions and would be motivated by the ability to offer more competitive benefits to employees, thereby reducing turnover and enhancing employee satisfaction.
See how much Western Union could save with the Employee Benefit Program