The retirement of tech-leader Spectral

Spectral, a progressive company in the energy sector, was looking for ways to improve their benefits, including retirement plans. Andrea Lamelas Puga, Spectral's CEO, was looking for a solution that would offer more flexibility and insight than traditional retirement plans.

"We were looking for something a little bit different. And so we came across Vive, and I have to say, at the beginning, I couldn't believe this was an option. We were very impressed by Vive. They're very smart and knowledgeable." - Andrea Lamelas Puga, CEO Spectral.

Technological retirement solution fit for a tech-savvy company 

Spectral was also looking for a retirement solution that was not only cost-effective for a young company, but also suited the dynamic and technology-savvy nature of their team. The challenge lay in finding a retirement provider that met these modern requirements.

Vive was chosen as the retirement partner for Spectral because it allowed employees to actively manage their retirement investments through an interactive dashboard within the Vive app. This is unusual among traditional retirement providers.

"With Vive you actually have a dashboard where you can know what's going to happen, so you can tweak it, go for more, go for less, whatever you want to do. So I think that's the biggest impact for us." - Andrea Lamelas Puga

Individual retirement strengthens mutual belonging

The Vive dashboard allowed Spectral's employees to customize their retirement plans as they saw fit, contributing to greater awareness and commitment to their financial future.

After implementing the Vive retirement plan, Spectral saw an increase in employee engagement with their retirement planning. More conversations about finances arose and employees began to inspire each other with their retirement strategies. 

"They can share the dashboards and look, you know, so it's kind of like, yeah, it sparked conversations, which I think is very important. I'm doing this, I'm doing that. They are inspiring each other because I know that they are sharing strategies." - Andrea Lamelas Puga

Inspired retirement planning

The partnership with Vive proved to be a success for Spectral. This modern and flexible retirement solution truly inspired the staff. This initiative not only improved employee satisfaction and financial well-being, but also contributed to a strong company culture focused on caring and future planning.