The is an interview with Bobbi Rebell, the founder of Financial Wellness Strategies, a company that provides financial education and coaching to employees.
The challenges of financial wellness programs: Bobbi Rebell explains that many companies fail to deliver effective financial wellness programs because they either use biased providers who have a financial incentive to sell their products, or they offer generic content that does not engage or motivate the employees.
The benefits of live community events: Bobbi Rebell argues that live community events are a better way to deliver financial wellness programs, as they create a safe and interactive space for employees to learn collectively, ask questions, and get unbiased guidance.
The impact of financial stress on productivity, Bobbi cites a statistic from Financial Finesse that 80% of employees report being financially stressed, and that half of the financial stress per month happens during work hours. She claims that this reduces the focus and performance of employees, and that companies should pay more attention to tackling financial wellness for their employees.
Josh Jalinski's experience with financial wellness programs: Josh shares his experience of providing financial wellness programs for a large company, and how they improved the savings and outcomes of the employees. He also mentions that the company was taken over by a private equity firm that replaced his service with a cheaper and less effective one.
6 мар 2024
