Establishing financial stability has become challenging in today’s economic environment, accentuated by high inflation and job market volatility. Today, 42% of high earners are making more than $100,000 a year while 70% of the millennial generation are living paycheck-to-paycheck. It’s no longer enough to provide a generous compensation package. Life can have unexpected twists and turns that can result in unplanned costs, burdens, and needs for assistance. To build a benefits package that supports all lives, you must be prepared to stand by your employees when they experience these unforeseen and sometimes scary circumstances.
Northstar CEO and Co-Founder, Will Peng, and Manager of Advice Strategy, Erin Donahue (CFP®, CPA/PFS, CMA, CGMA), will share ways to support your employees through challenging financial circumstances. You will learn how to talk about financial well-being in the workplace, which is a traditionally taboo topic, to ensure you and your employees are making the most of their total compensation.
In this webinar, we will cover:
- Why health benefits are not the only vital support employees need, especially in today’s economy.
- How to support your employees through the challenging financial decisions they are faced with - regardless of their situation.
- How financial well-being and resilience in the workplace can protect both employees and the business from the potential shock of recession and layoffs.
Will Peng is the CEO and Co-Founder of Northstar, the financial wellness platform for employees.
Prior to founding Northstar, Will was a venture capital investor. His firm was an early investor in Coinbase, Guideline, Even and Oscar. Inspired by the positive change fintech can have on people's lives, Will set out to solve the inequality of financial guidance in a way that drives meaningful action.
As a Taiwanese immigrant, Will is passionate about supporting underserved communities to help them achieve financial stability and reach their personal goals.
Erin Donahue is the Manager of Financial Planning Advice Strategy at Northstar, the financial wellness platform for employees.
Starting her career as an accountant, Erin has worked in the financial services industry for more than 15 years. Prior to joining Northstar, Erin worked at Prudential Financial and Ziff Capital Partners. Erin is passionate about making financial planning accessible to everyone.
She is a mother of two young children and is a Certified Financial Planner™, Certified Public Accountant and a Personal Financial Specialist.
