Money and Diversity: A Path to Promoting Equality in the Workplace
Dive in to a discussion about diversity and money. You’ll learn why our culture, ethnicity, and upbringing affect our relationships with money and how these factors impact the financial planning process. What can employers do to address the financial needs of their diverse workforces? Our Money Advisors outline key tips in this episode of the Fiduciary Advice @ Work podcast.
In this episode of the Fiduciary Advice @ Work podcast, we sit down with two of our Money Advisors and tackle the topic of money and diversity. We discuss what interacting with diverse employee populations has taught us and continue our conversation by covering:
- Why social and cultural factors may be overlooked in the financial planning process
- What employers can do to address the financial needs of their diverse workforces
- How financial wellness benefits can promote equality in the workplace and broader community
“By having the knowledge that different groups of people experience different struggles and may have different goals, it allows us to be more empathetic and know how to best respond and plan when faced with cultural or other differences.”
– Liz Aidoo