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 71-80 of 87
Jan 23, 2021
How to be Time Smart: Lessons from a Harvard...
Dr. Whillans speaks about our most valuable and finite resource: time. She shares common traps that leave us feeling ‘time poor’,...
Read more
Jan 11, 2021
The American Medical Association’s Commitment to...
Dr. Susan Bailey explores how the AMA has worked to confront racism, an insiduous threat to public health.
Read more
Dec 21, 2020
What Doesn’t Work? Weight-based Blame and Shame
Dr. Rebecca Puhl speaks about the consequences of weight-based blame and shame on patients, employees and what employers can do to...
Read more
Dec 07, 2020
Overcoming the Addiction Crisis
Gary Mendell speaks about how we can overcome the addiction crisis, including the importance of reducing stima and improving...
Read more
Nov 23, 2020
The Case for Honoring Caregivers
Alex Drane talks about the majesty of caregiving, as well as the human and business imperative of supporting our supporters.
Read more
Nov 09, 2020
Meeting Women’s Unmet Health Needs with Femtech
Sari Kaganoff discusses the Femtech landscape, including areas “ripe for innovation,” as well as how the digital health sector as...
Read more
Oct 26, 2020
Overcoming Health Disparities to Achieve Health...
Dr. Montgomery Rice talks about the state of health disparities in the U.S., and what steps employers can take.
Read more
Oct 12, 2020
Forging Ahead with Telehealth: Quality, Access and...
Peggy O'Kane talks about telehealth, social determinants of health and preventive care through the lens of "better health" through...
Read more
Sep 28, 2020
Understanding and Addressing Social Determinants...
Brian Castrucci discusses how the communities employees live in can negatively affect their health and well-being, and what...
Read more
Sep 14, 2020
Key Findings from the Business Group's Annual...
We speak with Brenna Shebel about findings from the Plan Design Survey, including what was affirming and surprising, along with...
Read more
Showing items 71-80 of 87