B24 | Mitigating Financial Stress in a Paycheck-to- Paycheck World
- Room: Bellagio Ballroom 3
- Session Number: B24
Thursday, April 25, 2024: 1:00 PM - 1:30 PM
Speaker(s)
Description
Our paychecks have a deep implication on our financial wellbeing as a growing number of workers live paycheck to paycheck with little to no buffer. This raises a red flag for employers, as financial stress costs organizations’ $664 billion in productivity each year and has a negative impact on work. Payroll is no longer just about paying employees accurately and on time. Through new offerings like on-demand pay, it can empower employees with greater financial wellness and flexibility. Aaron Fox, Commercial VP of Dayforce Wallet, will explore how employers across various industries can positively impact their people’s financial wellness and why it’s important for broader organizational health. He will also share how employers have leveraged new offerings to promote employee engagement and retention.
Session Type
Learning Objectives
1) Learn practical ways to promote financial wellness at work.
2) Apply real-life case studies on how to implement on-demand pay.
3) Define how financial security impacts employee wellbeing.
- Employee Financial Wellness