Maine HR Convention: May 11-15, 2020 – Samoset Resort, Rockport, ME


 

Workshop C: Making Cents of Financial Wellness

Wednesday, May 13th, 2020 @ 1:00 pm - 2:30 pm

Empower Your Employees and Your Bottom Line

What’s it all about? American workers are struggling with fundamental financial challenges that impact both their short-term and long-term goals. Recently surveyed workers say that financial issues are the #1 source of stress in their lives and those same surveys reveal that HR professionals see that financial stress carried into the workplace. Financially stressed employees are distracted and unfocused making them less productive and more prone to tardiness and absenteeism. What’s an employer to do? Barbara Appleby, Kristin Guibord, and Kathy Reilley from BerryDunn Wealth Management join us to discuss the mutual benefit of employer-sponsored financial wellness programs. Not only does the education provided from these programs assist employees in reducing financial stress and bolstering productivity, but the offering itself strengthens employee benefit packages to better enable employers to recruit, retain, and engage talented workers.

Why you’ll want to participate in this session.

  • Develop and facilitate internal research processes to identify financial stressors with employees across different demographic groups and understand the perspectives, visions, and expectations of your workforce.
  • Research and analyze an array of financial wellness programs and strategize how to select the best solution to meet the needs of your company.
  • Create and present a business case to demonstrate how a reduction in financial stress can increase the employer’s bottom line by reducing health care costs, absenteeism, stress, and distractions in the workplace.
  • Lead the implementation of financial wellness programs as an effective tool in recruiting, retaining, and engaging talented workers.

Approved for SHRM Credit and HRCI General (HR) Credit.

TALENT QUEST Track