Guest:

Mihir Desai, Mizuho Financial Group professor of finance at Harvard Business School and author of The Wisdom of Finance: Discovering Humanity in the World of Risk and Return

According to a recent study by Pricewaterhouse Coopers, more than 81% of college-educated millennials have at least one term debt, but only 24% can demonstrate basic financial knowledge. With such a need, how can organizations use financial education programs to recruit top talent and engage employees?

In today’s episode, Mihir Desai, author of The Wisdom of Finance, joins HR Break Room to discuss:

  • why financial literacy is so important to today’s largely millennial workforce, even if they don’t realize it
  • the benefits of having financial literacy programs available to employees
  • how these programs can benefit employee recruitment and engagement initiatives

 

Learn more about educating your workforce by reading our Learning Management Systems: Fueling Employee Knowledge and Propelling Business Growth white paper.

Subscribe via email

About HR Break Room

HR Break Room is a podcast from your friends working in human resources, dedicated to bringing you interesting break room conversations with experts on the hot topics of HR and HR Technology, one cup of coffee at a time. Hosted by Caleb Masters and Chelsea Justice, HR Break Room is designed to inspire you to harness the power of HR technology to empower your people and organization.

Check out more HR Break Room episodes.

Caleb talks with the director of SHRM’s Illinois State Council, Dave Ryan, about the dos and don’ts organizations can implement to ensure all attendees have a wonderful and safe time.

[16:07]

Melody Muniz and Clint Stone from Science Museum Oklahoma join HR Break Room to discuss how to retain top performing seasonal employees.

[22:50]