NestSTEPS offers employers a financial wellness benefit that helps employees achieve homeownership and real estate investment goals. The program provides educational workshops and personalized guidance, supported by a Home Savings Plan™ that facilitates dedicated, interest-bearing accounts for employer and employee contributions.
Funding
Funding not disclosed
Founders
Product
Problem
Employees often face significant financial stress and distraction due to the complexities of homeownership and real estate investment, impacting their productivity and overall well-being. This lack of support for major life goals can lead to reduced job satisfaction and increased employee turnover.
Solution
NestSTEPS provides a comprehensive employee benefit program focused on financial wellness through real estate education and savings. The program offers a structured curriculum of onsite workshops and personalized 1:1 guidance to help employees navigate the home buying process and explore real estate investment opportunities. A key component is the Home Savings Plan™, which facilitates dedicated, interest-bearing accounts for both employer contributions and employee savings, accelerating the path to homeownership. By integrating NestSTEPS, companies can enhance their talent attraction and retention strategies while demonstrably supporting employee financial stability.
Target Audience
The primary customers are employers seeking to enhance their benefits packages to attract and retain talent, particularly those looking to support employees' financial wellness and homeownership aspirations.
Features
- Six onsite workshops covering first-time home buying and real estate investment strategies.
- Personalized, one-on-one expert guidance throughout the employee's real estate journey.
- Home Savings Plan™ featuring separate, interest-bearing cashflow reservoirs for employer contributions and employee savings.
- Employer dashboard for managing contributions and tracking program engagement.
- Employee portal for accessing educational resources and managing savings goals.
- Partnership with financial strategy specialists to identify cost savings for employers to fund the benefit.