Is the workplace a venue to promote wealth building? What roles should employers play to promote financial capability among its workforce? Do employer-based efforts have impact, and what should grantmakers know when investing in promising employer strategies to build employee wealth? These among other questions will be part of a discussion featuring Meredith Covington with the Center for Social Development at Washington University in St. Louis.
Employers have direct access and existing structures that make them an ideal connector and perhaps deliverer of financial capability services. Financial coaching, access to financial products, savings, and online financial tools are some of the most promising strategies employers are using to integrate financial services into their company and/or organizational fabric.
On June 6th, 2017, Asset Funders Network and presenters explored the workplace as a platform for the integration of employee financial capability and overall financial well-being, including recent research, examples of success, and the specific role philanthropy can play - -
● Considered why employers are uniquely positioned to connect employees to financial stability/capability programs.
● Highlighted how employers have and can continue to play a critical role in providing employees pathways toward financial success.
● Looked at some of the various ways employers are integrating financial well-being programs into their company culture and structures.
● Dissected which strategies seem most promising for employers to utilize.
● Discussed the specific role philanthropy can play to engage employers as platforms for employee financial well-being.
Featured speakers included Meredith Covington, Project Director at the Center for Social Development, Brown School, Washington University in St. Louis; Justine Zinkin, CEO, Neighborhood Trust; and Colleen Briggs, JPMorgan Chase, and moderated by Abby Hughes Holsclaw, Asset Funders Network.'