Sequoia, a pioneer in total people investment, announced today that it is partnering with Origin, the comprehensive employee financial wellness platform, to include financial wellness as part of Sequoia's service to all clients and their employees. With this benefit, employees can access Origin's modern platform, making money matters simple by helping them manage their compensation, benefits, and personal finance—side by side with assigned financial professionals.
Finances are the #1 cause of employee stress—more than jobs, health, and relationship stress combined. Financially-stressed employees lose nearly a month of productive workdays per year and are 2x more likely to leave their employer. Origin provides employees with a financial planning platform, personalized advice from real-life financial planners, and customized financial literacy workshops to help them reach their financial goals.
Origin is integrated into the Sequoia People Platform, which gives employees a single hub to get the most out of their company-provided rewards and helps employers increase awareness and utilization of their offerings. Employees can now access Origin's full suite of financial management tools, which provide visibility into financial health, and ongoing insights about ways to achieve their financial goals.
"Sequoia will now include modern financial planning support to help all employees gain control of their finances and plan for their future," said Sequoia founder and CEO Greg Golub. "Included at no additional cost to our clients and delivered on the Sequoia People Platform, the integrated Origin experience supports employees with their financial well-being and personal goals."
"We are thrilled to be partnering with Sequoia to offer financial wellness to their hundreds of thousands of members," said Origin CEO Matt Watson. "This investment by Sequoia demonstrates that financial wellness has become a vital component of compensation for today's modern workforce and reinforces Sequoia's commitment to improving business outcomes through employee well-being."
To learn more about Origin, visit useorigin.com.
Origin was founded on the belief that financial planning should be accessible to everyone at every stage of life. Origin is the first comprehensive employee financial wellness platform for the modern workforce. Its integrated solution helps employees manage compensation, benefits, and personal finances in a single place - side-by-side with financial professionals. Origin is the first platform that combines human financial planners with cutting-edge financial technology that both educates employees and allows them to create, execute, and track their personalized financial plans. Origin's team is led by repeat founders and is backed by leading VC firms and investors like 01A, Founders Fund, Felicis Ventures, General Catalyst and Lachy Groom. With Origin, employees have on-demand access to their Origin planner and a video call or in-app chat conversation is one click away. For more information on Origin, visit http://www.useorigin.com.
Sequoia helps employers achieve better outcomes from their total people investment through an orchestrated approach of unified services, integrated software, and strategic advisory. Our offerings in compensation, benefits, well-being, HR & payroll, and business protection tie into a higher strategic role, enabling companies to better improve retention, recruit top talent, and increase people-spend ROI.
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Original Source: Sequoia and Origin Announce Financial Wellness Partnership