When it comes to financial wellness for employees, it’s about more than just a salary or a paycheck. Financial wellness programs are about connecting your employees to all the resources they need. In this episode of PULSE, a Paychex HR podcast, host Rob Parsons is talking with Sabina Bahtia, Chief Customer Officer at PayActiv. Hear what she has to say about the gig workforce, wellness benefits such as on-demand pay, and the need to connect to each of your employees to help their financial well-being and ensure they aren’t just living but thriving financially.
01:00 – Holistic financial wellness01:58 – The frontline workforce03:52 – The state of financial wellness for essential workers06:22 – The reality of financial stress10:42 – Employers – more than a transactional relationship11:53 – On-demand pay13:37 – The importance of connecting to your workforce18:22 – Gone are the days of seasonal employees21:25 – Taking care of your employees
Learn more about the benefits of having a financial wellness program at https://www.paychex.com/articles/employee-benefits/how-employee-financial-wellness-program-benefits-small-business.
DISCLAIMER:The information presented in this podcast, and that is further provided by the presenter, should not be considered legal or accounting advice, and should not substitute for legal, accounting, or other professional advice in which the facts and circumstances may warrant. We encourage you to consult legal counsel as it pertains to your own unique situation(s) and/or with any specific legal questions you may have.