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Financial Insecurity at Work: Exploring the Science of Why Your Company Should Care

 Jirs Meuris, MPS, PhD, Assistant Professor - Management and Human Resources, UW School of Business

Skill Building Session II
1:30 PM - 2:30 PM

 

Theme: Financial

Supports: Benchmark 5

Description:
This presentation provides participants an opportunity to embark upon a journey through a collection of scientific studies examining the detrimental effect of financial insecurity on organizational outcomes and the effectiveness (or lack thereof) of programs and interventions to address it guided by one of the foremost experts in the field. Participants will first be shown a series of studies that provide insight into why people's financial insecurity affects their ability to perform and be productive at work in such a profound way. Thereafter, the presenter will discuss key interventions that have proven to be effective in reducing employees' financial insecurity and the organizational benefits that are derived from implementation.
 
Learning Objectives: 
  • Understand how and why financial insecurity among employees affects your organization's outcomes and bottom line.
  • Develop effective programs and interventions that have been shown to reduce financial insecurity among employees.

 

This program is an approved provider of continuing education units (CEUs) through NWI and NCHEC.

Speaker Biography: 

Jirs Meuris, MPS, PhD is an Assistant Professor in the Management and Human Resources Department at the University of Wisconsin-Madison and serves as a faculty affiliate at the Institute for Research on Poverty and the Center for Financial Security. His work sits at the intersection of behavioral science, human resource management, and public policy. Jirs looks at how work and employment shape people’s personal finances and the resulting consequences for individuals, organizations, and society. He has conducted this research in collaboration with a variety of organizations including universities and companies in the healthcare, finance, and transportation industries. Jirs’ work has been published in the Academy of Management Annals, Industrial and Labor Relations Review, Organization Science, and Research in Organizational Behavior. His work has been featured in numerous media outlets including The Atlantic, the Washington Post, the Wall street Journal, and Bloomberg. 

 

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Check out WCWI's Well Practice featuring Waukesha County's 5 page financial wellness survey with questions regarding financial stress, primary decision makers, financial topic interests, and more!

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