Better Being: Counting the Benefits of Financial Wellbeing
Description
Financial wellbeing is an increasingly important topic for both employers and employees. A survey of multinational companies by Aon found that 88 percent of employees surveyed experienced financial stress, which has a major impact on resilience, self-esteem and relationships. In this episode of Better Being, our experts — Paul Gordon, Aon’s chief commercial officer for global financial wellbeing, and Fleur Iannazzo, financial wellbeing coach and content creator at Aon — explore how understanding and reshaping financial behaviors can lead to lasting financial security.
Key Takeaways:
- There is a notable disconnect between what employees expect and what employers currently provide in terms of financial education and support.
- Understanding individual financial behaviors is essential for designing effective financial wellbeing programs that resonate with both employees and organizational goals.
- Financial wellbeing issues vary by sector — some industries face talent loss due to financial mismanagement, while others see spikes in cyber fraud during economic downturns.
Experts in this episode:
- Paul Gordon, Chief Commercial Officer for Global Financial Wellbeing, Aon (Host)
- Fleur Iannazzo, Financial Wellbeing Coach and Content Creator, Aon
Key moments:
(3:24 ) Financial stress is felt across all salary levels and industries.
(5:33 ) There’s a big mismatch between employee expectations of financial wellbeing support and what employers are providing.
(13:00 ) Financial wellbeing is coming to the top of everyone’s agenda.
Additional Resources:
Soundbites:
Paul Gordon: "So just retaining your best people by helping them understand their attitudes to money and how they can do things differently helps that organization."
Fleur Iannazzo: "When you feel secure financially and resilient financially, it really improves your relationships and your emotional connections to people because of that independence."