Event Theme

The new engagement frontier: how to drive motivation, productivity, and loyalty by helping people make progress

12th September 2019, New York

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Location: Butter

Synopsis

Half of Americans live paycheck to paycheck—and this isn’t just a “poor people” problem. Of those 140 million people, the majority are middle class. A quarter are upper class. Statistically speaking, almost everyone is struggling—which means people working for you are struggling.

And traditional financial literacy and money management programs don’t work. This is because they require employees to change their behavior (both to adopt them, and use them consistently) and as a result, employees tend to underuse these benefits.

In PwC’s 2018 Special Report: Financial stress and the bottom line, over half of employees surveyed felt stressed about their personal finances — mostly because they couldn’t cover emergency expenses. Surveys from Bankrate and the Federal Reserve paint similar pictures. Among the 1,600 full-time employees in PwC’s study, half reported spending three or more hours each week dealing with personal finances at work, while 12 percent said they’ve missed work more than once to deal with money problems.

All this stress is bad for business. For an employer with 10,000 workers, PwC estimated the productivity cost of all this distraction to be as much as $3.3M per year — with an additional $166,000 for absenteeism.

So what can employers do to support this critical element of employee wellbeing? Many already offer programs and benefits to drive engagement, but haven’t seen the hoped-for results. Join us as we explore how to drive deeper engagement in such initiatives – and how that can lead to improved employee financial health, engagement, productivity, and loyalty.

The modern workforce expects more than just a paycheck; they expect to be making progress towards the life they dream about. Come discuss how helping your workforce make progress is good for them, and your bottom line.

Agenda

6:00 – 6:45 pm – Welcome Drinks Reception
6:45 – 6:55 pm – Introduction from Master of Ceremonies
6:55 – 7:30 pm – Keynote Speakers
7:30 – 9:30 pm – Three-course dinner complemented with table discussion points
9:30 – 10:00 pm – Wrap up and closing remarks from Even

Discussion Topics

  • How do you get a better understanding of your employees’ financial needs without it feeling too invasive, and design plans and programs accordingly?
  • What does a successful financial wellness program look like? What are the key elements to consider – and get right?
  • What are the challenges to engaging employees in such programs, and do you overcome resistance and/or apathy?

Keynote Speaker

jon-schlossberg_even

Jon Schlossberg, Co-founder & CEO at Even

Jon has a background in behavioral and cognitive psychology, with a degree from Skidmore College. Prior to founding Even, Jon was HUGE’s first product designer, and worked on redesigns of Target.com, Cnn.com, and other highly trafficked websites. Following HUGE, Jon founded an app development company that made “Knock”, a mobile app used to replace computer logins with gesture controls, which was #1 on the app store in 152 countries. Jon was also employee #7 at Bonobos.

About Even

Americans at all income levels live paycheck to paycheck, saving nothing for next week, let alone for their future. The best employers differentiate themselves by giving their people something that impacts them more than higher wages alone: tools for moving forward. Even’s modern, mobile-first Financial Wellness Platform makes it simple to effortlessly plan, spend, borrow, and save money—to turn paychecks into progress. The employers who have chosen Even, like Walmart, Atlantic Health Systems, and Noodles & Co. have described the adoption as stunning. And the employees who use Even describe it as a “life saver.”

Learn more at www.even.com.

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Location

New York

New York

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