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What is SoFi at Work?

In 2011, SoFi emerged as a pioneer in the realm of student loan refinancing. Throughout the years, we have broadened our SoFi at Work initiative for employers, which includes a diverse array of services, tools, and educational resources aimed at equipping employees with a comprehensive understanding of their financial landscape. This empowers them to make well-informed financial decisions and pursue their financial goals effectively. Our employee benefits program provides a seamless and comprehensive solution for employers eager to improve their staff’s financial health, offering contributions toward student loans and 529 plans, along with a variety of educational tools. The recently launched SoFi at Work Dashboard acts as a consolidated financial center for employees, giving them a thorough overview of their finances, an assortment of decision-making tools, and a gateway to their available benefits, all designed to support them in reaching their financial aims. By addressing various employee needs, from college planning and student debt management to fostering an emergency savings fund, the benefits from SoFi at Work significantly enhance the overall financial well-being of the workforce. This holistic approach not only enriches individual financial situations but also contributes to a more productive and engaged workplace. Ultimately, SoFi is dedicated to creating a supportive environment where employees can flourish financially and realize their long-term ambitions.

What is MELP?

MELP offers an accessible and affordable digital platform that enables the personalization of employee benefits to align with the varied expectations of a diverse workforce. By serving both large corporations and smaller businesses, we aid in attracting new talent, retaining exceptional employees, and nurturing loyalty and engagement within the workplace. Prioritizing a healthy work-life balance and a nurturing workplace culture is essential for all organizations. However, different age groups often have different priorities when it comes to compensation, whether it be opportunities for career advancement, extra vacation days, or extensive health insurance. As some employee benefits become commonplace, many individuals may overlook their importance and value. Additionally, several employees might not fully comprehend the actual costs incurred by employers for benefits that appear to be "free," such as parking, flexible schedules, product discounts, or subsidized meals. MELP empowers employers to clearly convey the complete range of benefits available to their employees, highlighting both the real costs and the significant value they offer. This transparency enables employees to better appreciate what is included in their compensation packages. Ultimately, such understanding fosters a more engaged and informed workforce, enhancing overall job satisfaction.

Media

Media

Integrations Supported

SoFi

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
Mac

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
On-Site Training

Training Options

Not specified

Company Facts

Organization Name

SoFi

Date Founded

2011

Company Location

United States

Company Website

www.sofi.com/sofi-at-work/

Company Facts

Organization Name

MELP

Date Founded

2021

Company Location

Lithuania

Company Website

melp.com

Categories and Features

Financial Wellness

Not specified

Categories and Features

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