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The Payslip Relationship with Wellbeing with Gethin Nadin #107

The Payslip Relationship with Wellbeing with Gethin Nadin #107

FromThe Payroll Podcast


The Payslip Relationship with Wellbeing with Gethin Nadin #107

FromThe Payroll Podcast

ratings:
Length:
52 minutes
Released:
Apr 4, 2023
Format:
Podcast episode

Description

Nick Day is joined on The Payroll Podcast sofa by Gethin Nadin, Chief Innovation Officer at Zellis! Gethin is a guest who has joined us before on our other show, The HR L&D Podcast.Gethin is a wellbeing expert and a frequent writer and speaker who has also published several best-selling books, including ‘A World of Good: Lessons From Around the World in Improving the Employee Experience’ and his latest book, 'A Work In Progress: Unlocking Wellbeing to Create More Sustainable and Resilient Organisations' which has only just been released!Gethin joins Nick to discuss the research paper produced by Zellis titled “An Employer's guide to protecting financial wellbeing for the workforce”.This report states that more than 1 in 4 Employees Struggle to Understand Payslips.  With the strategic role of payroll more pronounced than ever due to organisations understanding the close link between employee engagement, financial wellness and the payroll process, Nick had to find out more!Incidentally, a link to the research paper is available in the show notes, so download it and read it yourself.In this “The Payslip Relationship with Wellbeing” episode with Gethin Nadin on The Payroll Podcast, we also explore:What does the word payroll mean to you?Research by Zellis found that more than 1 in 4 Employees struggle to understand payslips. Can you tell us about this?How do you think payroll departments should be responding to these insights?13% of employees had feelings of anxiety about finances. What can payroll do to alleviate some of this anxiety?Do you think the Prime Minister’s announcement about maths being mandatory until the age of 18 will help people get a better grip on finances?How much of financial numeracy confusion is just payslip confusion?Can payroll Information have a direct impact on employees' financial wellbeing?What needs to be done to improve the situation?What are software providers doing to make the payroll employee experience more user-friendly?What advantages can be gained by moving from the traditional payslip to an interactive payslip?How can optimizing the traditional payslip impact and influence employee financial health?“Employers need to take a strategic and consistent approach to employees’ financial wellbeing”. Can you tell us about this?Can you tell us more about the book and how it may help the modern payroll professional?Links highlighted in this “The Payslip Relationship with Wellbeing ” episode are included below:Book 1:
Released:
Apr 4, 2023
Format:
Podcast episode

Titles in the series (100)

The Payroll Podcast is the first podcast produced exclusively for the UK and global payroll community. Hosted by Nick Day, the podcast features in-depth discussions with payroll experts on complex issues such as international payroll legislation, technology, systems, processes, leadership, and compliance. The aim of the podcast is to support the payroll industry and its professionals to prepare for and embrace the future of payroll, from robotic process automation to blockchain, ai, strategy, wellbeing and compliance. With a focus on developing payroll strategies that raise the profile of payroll worldwide, subscribers will gain valuable insights that enable them stay one step ahead of the curve concerning the latest trends and innovations in payroll. To be a guest on the show or for support with payroll recruitment, reach out to Nick at Tel: 01727 800 377 | Email Nick@jgarecruitment.com