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Fidelity Works: New Bundled Solution for Small and Mid-Sized Businesses Can Help Simplify Employee Benefits, Increase Efficiency and Reduce CostsFidelity Investments®, one of the industry's most diversified financial services companies with $7.4 trillion in client assets, today announced the launch of Fidelity Works, a comprehensive suite of benefits services created exclusively for small and mid-sized businesses. Fidelity Works offers small and mid-sized businesses1 a single, integrated experience to help manage a suite of company benefits that include payroll services, HR and benefits administration, health savings accounts (HSAs) and retirement savings plans. It also includes emerging benefits such as student debt repayment programs and charitable giving programs. While small and mid-sized businesses often have to manage multiple technologies, solutions and providers to administer their company benefits, Fidelity Works is a "one-stop" shop that can help employers spend less time and money on administration and more time on activities that can help grow their business. Building on years of experience as a trusted benefits provider for thousands of larger organizations, Fidelity Works extends Fidelity's breadth of best practices, technology and expertise to small and mid-sized businesses, as well as the third parties who work with these employers -- which may include retirement advisors, employee benefits brokers, banks and certified public accounts (CPAs). Fidelity Works also improves the experience for employees of small and mid-sized businesses by providing an integrated view of their workplace benefits and delivering the same level of service and support that is available to employees at larger companies. "Time is money. We hear that in all facets of our lives, but it's especially true for small and mid-sized business executives who are wearing multiple hats servicing all aspects of HR, payroll and employee benefits while trying to run their businesses as efficiently as possible," said Chris Hock, head of Fidelity Beefits Marketplace. "Not only does Fidelity Works offer a full suite of benefits services through a single provider, but with that comes Fidelity's unparalleled customer service and expertise that clients - and their employees - demand." Fidelity Works - An Integrated Suite of Benefits to Drive Value Building on the tight integration between Fidelity's payroll and retirement savings products, Fidelity Works provides employers and advisors with access to a broad portfolio of solutions:
Current small and mid-sized Fidelity clients will receive the same premium-level of service, and continued access to their accounts. Through Fidelity Works, clients will see a tightly integrated experience and support of specialized resources as new services are added. For more information, please visit www.FidelityWorks.com.
About Fidelity Investments
Fidelity Brokerage Services LLC, Member NYSE, SIPC
882339.1.0 1 Fidelity defines small and mid-sized businesses as have between 30-2000 employees. View source version on businesswire.com: https://www.businesswire.com/news/home/20190411005405/en/ |