When Pay Isn’t Enough: Driving Business Value Through Financial Security

icon mic

July 11, 2022

More than 80% of working Americans say financial insecurity is a major problem, reflecting the fact that many in the U.S. live paycheck to paycheck, lack emergency savings, and experience financial anxiety. Businesses are taking note, realizing that what they pay employees isn’t always enough to achieve financial security. On today’s episode of the Business Group on Health Podcast, we speak with Timothy Flacke and explore the question: “what more do we need to do to turn our investment in wages into the outcome that drives business value and make our workers better off?” Topics include the interconnectedness of our financial well-being, emotional well-being and our ability to be present, productive and safe at work; how to think about financial well-being strategies through the lens of racial and gender equity; and what employers can do to help employees build a strong financial foundation and future.

SPEAKERS

Timothy Flacke | Executive Director, Commonwealth

LuAnn Heinen | Vice President, Business Group on Health

Duration 36 min

Subscribe To The Podcast

All Podcasts

Showing items 1-10 of 92
Jul 15, 2024
By the Numbers: Cancer Facts & Figures 2024
Dr. William Dahut shares most recent insights from American Cancer Society's 2024 annual report.
Read more
Jun 24, 2024
Yes, And: When Employers Spotlight Workplace...
Workplace well-being can only be achieved when the entire team works together with trust and commitment.
Read more
Jun 03, 2024
90% of Adults Meets Criteria for This Serious...
Dr. Chiadi Ndumele joins the Business Group podcast to share about CKM Syndrome the risk factors associated with the condition.
Read more
May 20, 2024
Mindful of Motherhood: Prioritizing Maternal...
In this episode, we discuss maternal mental health challenges and the shocking risks to mothers when left untreated.
Read more
May 06, 2024
Autoimmune Disease: An Outsized Impact on Women
In this episode, Dr. Elizabeth Ortiz discusses autoimmunity and how employers can best offer support through benefits programs.
Read more
Apr 23, 2024
Pediatric Obesity: Expediting Access to a Full...
Dr. Ilene Fennoy, pediatric endocrinologist, speaks about the American Academy of Pediatrics’ new clinical practice...
Read more
Apr 08, 2024
What Does It Mean to Be a Grief-Informed Workplace...
Learn about strategies to build a grief-informed workplace from Meghan Riordan Jarvis, clinical psychotherapist and grief...
Read more
Mar 18, 2024
Managing Equity, Fostering Innovation in Rural...
Alan Morgan joins the podcast to shed light on health care challenges facing rural communities.
Read more
Mar 04, 2024
Designing the "Carrot” in Incentive Programs...
How and why do incentives shape human behavior? Uri Gneezy joins the podcast to share what the design of incentives signal and how...
Read more
Feb 19, 2024
The Power of Transparency to Transform Patient...
Listen to our podcast with The Leapfrog Group’s Leah Binder to learn about how transparent hospital data can help employers drive...
Read more
Showing items 1-10 of 92