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In the case of Paypal, the business model drive its mission. But, while fulfilling their mission, they missed something going on inside their company. Although they ensured to pay above-market salaries and offered generous benefits, it was inadequate for some people.
Knowing that their employees were struggling, they decided to take steps to support the financial security and health of their staff.
The four main elements to the Employee Financial Wellness Initiative.
Short term impact of the changes implemented because of the Employee Financial Wellness Initiative are:
It will be a while before the real impact of these changes is known. The next generation of business leaders should take action and prioritize and invest in their employees.
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