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Concurrent Session
Investing in Employee Financial Health to Promote Inclusion and Resilience
Wednesday 07/01/2020 09:15 AM - 10:15 AM Add to calendar
| Competencies: Business Acumen, Ethical Practice, Global & Cultural Effectiveness
Workplace Application:
Organizations can offer programs that improve personal financial literacy and tools that help promote employee financial well-being. 

Employee financial health is an urgent, cross-sector trending topic extending beyond employee benefits and into opportunities for technology and innovation to create a more inclusive and equitable financial health culture for global workforces. Employers are increasingly aware that their employees' health and wellbeing -- physical, emotional and financial -- has a direct impact on work performance and the company's bottom line. In response, a growing number of organizations are incorporating financial health into the product suites they offer to employers. HR professionals have a unique opportunity to lead innovation around financial health. This session helps you to leverage your organization’s unique position as both a distributor of financial products and an influencer over financial decisions, including those related to retirement plans, insurance, and pre-tax spending accounts. You will be better able to assist employees in navigating financial challenges and improving their financial health.

Learning Objectives:

  • The enormous demand and opportunity presented by workplace financial health, including its impact to a company's bottom line performance.
  • How businesses can ensure that their entire workforce has access to the products and services that will best help them build resilience and thrive.
  • How human resource teams can make the case for the importance of financial health alongside mental and medical health, and provide a framework for assessing and measuring it.
  • How organizations can adapt and sustain financial health even as work rapidly evolves across industries, including the rise in the gig economy and the decline in traditional employment structures.