401(k) Fridays Podcast

Financial Wellness, while a very hot topic, is not yet mainstream. One reason could be there has not been a clear value proposition for the employer to invest the time and/or the money to roll it out.  Today, my conversation with Lynn Pettus, the National Leader for Ernst & Young’s Employee Financial Services Practice sheds some light on that topic.  Our conversation begins with exploring what financial wellness is or isn’t, how employers are measuring the impact of financial stress in the workplace and what can be done to help employees.  Also, Lynn talks about her biggest competition (its not who you think it is), discusses the value of speaking to peers who have embraced financial wellness and ways you can either dip your toe in the water and just offer gold stars to engaged employees or go "all in" with a fully integrated health, financial and emotional wellness strategy.     Lynn references and shared some of the work Ernst & Young has done on financial wellness which we have posted on the websit