Improving Employee Financial Wellness with Bill Langley

In episode 91, Coffey talks with Bill Langley about employers’ support of employee financial wellness.They discuss what "employee financial wellness" means to employees and employers; the definition of financial capability; how financial matters affect employees’ mental health and the workplace; how leaders can identify signs of financial stress; the evolution of financial health post-pandemic; how leaders can guarantee employees receive the financial education and resources they need; the pros and cons of same-day pay; and the key topics of a financial wellness training program.Good Morning, HR is brought to you by Imperative—premium background checks with fast and friendly service. For more information about our commitment to quality and excellent customer service, visit us at https://imperativeinfo.com. If you are an HRCI or SHRM-certified professional, this episode of Good Morning, HR has been pre-approved for half a recertification credit. To obtain the recertification information for this episode, visit https://goodmorninghr.com. About our Guest:Bill Langley is Founder and Principal of QAR Financial, a national consulting firm which provides business turnaround support and employee financial wellness training for employers. Through corporate and non-profit collaborations, Bill facilitates emergency voluntary benefit loans with a social mission for employees. A career certified credit professional and accredited financial wellness educator, Bill’s expertise focuses on financial capability and sustainability.Bill is a frequent CEU/PDH approved speaker for employers, government agencies and professional associations. He has also provided legislative testimony regarding the debt management and payday lending industry while receiving recognition from agencies within the Texas Workforce Commission, US Small Business Administration and NAACP. Previous notable conference speaking engagements, include Texas Total Rewards Conference, Federal Reserve Bank of Dallas, National Black Coalition of Federal Aviation Employees, International Concrete Saw and Drillers Association. Bill serves as a past chapter president for the Society of Human Resource Management (SHRM), He has also actively served in various board capacities at the chapter level for the Employee Assistance Professionals Association (EAPA), a member of WorldatWork, National Wellness Institute as well as other professional service organizations. Bill has served on the Advisory Committee for the Employer-Based Financial Wellness national research project led by the Brown School Center for Social Development at Washington University in St Louis and lead advisor for the United Way Metro Dallas Financial Wellness at Work initiative. He is a graduate of the University of Texas at Austin.Bill Langley can be reached at https://www.linkedin.com/in/blangley/https://www.QARFinancial.comAbout Mike Coffey:Mike Coffey is an entrepreneur, human resources professional, licensed private investigator, and HR consultant.In 1999, he founded Imperative, a background investigations firm helping risk-averse companies make well-informed decisions about the people they involve in their business.Today, Imperative serves hundreds of businesses across the US and, through its PFC Caregiver & Household Screening brand, many more private estates, family offices, and personal service agencies.Mike has been recognized as an Entrepreneur of Excellence and has twice been named HR Professional of the Year. Additionally, Imperative has been named the Texas Association of Business’ small business of the year and is accredited by the Professional Background Screening Association. Mike is a member of the Fort Worth chapter of the Entrepreneurs’ Organization and volunteers with the SHRM Texas State Council.Mike maintains his certification as a Senior Professional in Human Resources (SPHR) through the HR Certification Institute. He is also a SHRM Senior Certified Professional (SHRM-SCP).Mike lives in Fort Worth with his very patient wife. He practices yoga and maintains a keto diet, about both of which he will gladly tell you way more than you want to know.Learning Objectives:1. Define financial wellness, and its effects on mental health and productivity.2. Identify signs of financial stress and how leaders can provide personal finance education and resources.3. Implement the key elements of a successful financial wellness training program.