Truth, Lies & Work

# financial wellbeing

7 moments across 1 episode. Click any moment to jump straight to that part of the episode.

0:33Cost of living crisis and why we're revisiting financial wellbeingAl Elliott: Nice. Check out hopspot.com, the agentic customer platform for growing businesses Carey Cooper: Say I would have taken the job at this place, but ended up ending up with 4 kids, probably would have stayed witEP 55 · 7 Sept 2023·interview· 0:33–4:5814:57Why financial wellbeing is a business issueLeanne Elliott: Okay Carey Cooper: Basically, when you're looking at the field of wellbeing more generally, there are lots of sources of stress on people in the workplace. They could be your relationship with your boss. EP 55 · 7 Sept 2023·interview· 14:57–28:0628:06Red flag 1: You don't have the dataAl Elliott: So the first red flag is that you don't have the data. If you listen to any single one of these episodes of the last 54, 55 episodes, you will hear Leanne tell you that it's all about data. So this is the insEP 55 · 7 Sept 2023·interview· 28:06–36:3736:37Red flag 2: No one is talking about itLeanne Elliott: So the second red flag is that nobody's talking about it. Nobody's talking about financial wellbeing. Nobody is talking about any financial challenges they're experiencing. That's very common. 2/3 of emplEP 55 · 7 Sept 2023·interview· 36:37–47:4447:48Training managers to have money conversationsLeanne Elliott: So the solution to red flag number 2, I think it's pretty obvious, Al. Train your managers. Again, if there's one thing you do as a business, train your managers. If you're not sure where to look for thisEP 55 · 7 Sept 2023·interview· 47:48–60:0064:11Red flag 4: Poorly communicating benefitsAl Elliott: So the guide that Leanne mentioned above before, the 2023 guide that Carey and his team put together, stresses the importance of education. We need to ensure that we're offering employees sustainable solutionEP 55 · 7 Sept 2023·interview· 64:11–74:2174:21Red flag 5: Not linking to learning and developmentAl Elliott: So red flag number 5 is ignoring links to learning and development Leanne Elliott: Yeah, so this might seem a bit, a bit out of place. You're like, What has L&D got to do with financial well-being? Well, whenEP 55 · 7 Sept 2023·interview· 74:21–81:05

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