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.
Recommended Resources
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Find out more about Salary Finance
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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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