Financial Wellness: Insights from Steven Van Alstine

Join this insightful episode of the Insights at Work podcast as we chat with Steven Van Alstine from the National Payroll Institute about financial wellness and literacy. Discover the critical role payroll plays in enhancing financial wellness, and delve into a new study shedding light on Canadians' financial habits. This episode explores the impact of financial stress on productivity and provides actionable insights on how employers and individuals can foster financial stability. Gain an understanding of categorizing financial status - stressed, coping, or comfortable - and learn how payroll mechanisms and financial literacy programs can aid in transitioning individuals to more secure financial standings. The discussion also touches on the importance of budgeting, saving, and understanding one's paycheque, with suggestions for tools and resources available to improve financial health. Want more workplace insights? Explore Canadian payroll, HR, and workforce trends from ADP Canada - including guidance, practical tools and the latest thought leadership and research at adp.ca Copyright © 2025 ADP, Inc. All rights reserved. This content may not be distributed, reproduced, modified, sold or used without the written permission of ADP. The information is provided "as is" without any expressed or implied warranty, is based on generally accepted HR practices and is advisory in nature. This content is provided with the understanding that neither the presenters nor the writers are rendering legal advice or other professional services. Employers are encouraged to consult with legal counsel for advice regarding their organization's compliance with applicable laws. This material is current as of the date of this episode (January 28, 2025).