ENGAGE2015: Financial Wellness: Solving for Increased Productivity & Engagement - Joe Larocque & John Wolff, GuideSpark

ENGAGE2015: Joe Larocque, Co-Founder & Director of Product Management, and John Wolff, Co-Founder & Director of Major Accounts at GuideSpark, on helping your employees get the best when it comes to financial wellness.

Transcript

1. Financial Wellness Solving for Increased Productivity & Engagement
2. 50% Employees3who3report3emergency3 savings3as3their3top3concern 40% PwC3Employee3Financial3Wellness3Survey,32014 Employees3who3report3 having3a3will How3the3Group3Compares
3. Traits3Associated3with3High3Levels3of3Financial3WellfBeing CONTROL CUSHION They3feel3they3have3 over3dayftofday3finances They3feel3they3have3enough to3absorb3a3financial3shock GOALS They3are3ac0vely3working3towards FREEDOM They3have3the3financial to3enjoy3life Consumer3Financial3Protec0on3Bureau
4. Financial3Wellness3and3Employee3Engagement 64% Americans3repor0ng3 money3as3#13stressor3 (American3Psychological3Associa0on) STRESS HEALTH DISTRACTION 13in343employees3report3 financial3distrac0ons3@3work (PricewaterhouseCoopers) Financial3concerns3prevent3 living3a3healthy3lifestyle (American3Psychological3Associa0on) 32%
5. Employers3Answering3the3Call SATISFIED3EMPLOYEES LOYAL3EMPLOYEES ENGAGED3EMPLOYEES PRODUCTIVE3EMPLOYEES Employers3believe3workplace3 financial3solu0ons3lead3to3more… 91% 75% 85% 79% Companies3that3offer3financial3 wellness3could3save!$3!for! each!dollar!they!spend! (Consumer*Financial*Protec2on*Bureau*report) 90% of3large3firms3surveyed3believe3financial3 solu0ons3will3be3a3standard3element3of3 a3benefits3package3in3the3next3103years3 (Bank*of*America*2015*Workplace*Benefits*Report)
6. Financial3Wellness3Engagement ACT ENGAGEMENT3 MONITORING3 IMPROVEMENT ASSESSMENTS3 &3REPORTING FINANCIAL3 WELLNESS3 EDUCATION PROVIDER3 FULFILLMENT
7. Assess Address3the3Broad3 Financial3Picture Mind3the3Time Immediate3Feedback Personalized3Ac0ons
8. Learn
9. Learn
10. Act Integrate3Total3Rewards Objec0vity3is3cri0cal3 (“follow3the3money”) Clear3separa0on3when3 it3comes3to3advice