Dec 28, 2023
In this special episode, brought to you by Lawyers Weekly’s
sister brand, HR Leader, money and wellness coach Marc Bineham
joins to give his expertise in the often-overlooked area of
wellness: financial wellbeing. In the current economic climate,
financial stress plays a key influence on workplace wellbeing.
Interest rates, inflation, and a rising cost of living have taken
their toll on the population, prompting the need for
intervention.
This stress doesn’t just negatively affect the individual; it can
translate into a staggering loss of productivity for organisations
and the wider economy. Businesses can assist their employees by
implementing financial wellness policies.
Mr Bineham touches on the stigma surrounding money discussions and
how people are more comfortable sharing personal life details than
their financial status, a cultural trait that hinders open
conversations about financial health. He advocates for a cultural
shift, similar to campaigns encouraging open discussions about
mental health, to normalise financial wellbeing discussions.
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If you have any questions about what you heard today, any topics of
interest you have in mind, or if you'd like to lend your voice to
the show, email editor@lawyersweekly.com.au for
more insights!