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Employers Turn to Financial Wellness Programs

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SC Public Radio

A recent survey by the Consumer Financial Protection Bureau showed that over two thirds of employees say that financial stress is their most common stress. And with employers in many industries struggling to find and keep qualified employees, yet hesitant to raise wages, our next guest says a creative new employer benefit program is gaining popularity: financial wellness.

Mike Switzer interviews Roy Janse, a certified financial planner and managing partner at Goldfinch Wealth Management in Greenville, SC.

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.