Increasing Profits Via Employee Financial Wellness | Dan Macklin & Tim Shurr

This is an exciting series on how to build mesmerizing workplace cultures because there is no greater competitive advantage than to have happy and mentally well-devoted employees who want to do good for their company and the world.

In this episode, Tim is with Dan Macklin, the CEO of Salary Finance, they partner with employers to offer their staff employee benefits that help them improve their lives by improving their finances. 

Tune in now and you will learn helpful insights about why helping employees become financially fit is more profitable and providing employees with more financial, emotional, or health education lowers turnover and increases retention. 

Quotes:

“From a recruitment perspective, and from a hiring perspective, if you can help people reduce their financial stress, you're going to help yourself manage that recruitment issue that so many companies are facing today.” - Dan Macklin

“The search for a higher salary is very logical, but it doesn't always solve everything” - Dan Macklin

Mentions:

https://www.facebook.com/TimShurr

https://mesmerizingleadership.com/ 

https://powermindsetprogram.com

https://www.salaryfinance.com/ 

Show Notes:

[00:49] Greetings and introduction Dan Macklin

[01:48] Wanting to help the student through SoFi

[04:40] Providing financial education that would help address people's poor money habits

[08:32] Why helping employees become financially fit is more profitable

[12:24] Why providing employees with more financial, emotional, or health education lowers turnover and increases retention

[18:05] Is it really the employer’s role to help people with their finances?

[19:38] How Salary Finance help employers equip the employees to manage their money more effectively

[22:14] Seeing the trend where more businesses are taking the opportunity to help their employees

[27:20] Helping people start somewhere in their financial wellness journey

Make Your Day Mesmerizing