Why HR Should Care About Financial Wellbeing

 

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In this episode of the HR Leaders podcast, I’m joined by Daniel Macklin, CEO of the Salary Finance US, to discuss why HR should care about financial wellbeing. 

Dan is the CEO of the US division of Salary Finance, an award-winning organisation that partners with employers to help employees gain control over their finances. They work with over 500 of the world's leading employers, and help service over 3M employees across the US and UK.

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Episode Highlights

00:00 Intro

01:31 Dan Macklin’s journey to CEO, US at Salary Finance

04:37 How employee benefits have transformed over the last two years

07:00 Why companies should see financial well-being is an important issue

10:09 What HR Leaders can do to improve their employee’s financial wellbeing

14:35 How Salary Finance operates

17:53 How Salary Finance makes it easier to save

21:53 Improving employee performance by reducing financial stress

23:28 Salary Finance’s business model

26:43 Dan’s advice to employees

29:27 Why is no one talking about financial wellbeing?

32:34 Improving the employee benefit experience


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