Rodney Bolden, Head of Industry Engagement at Morgan Stanley

Enhancing Employee Engagement and Financial Wellness with Rodney BoldenIn this episode of the Built by People Podcast, host Dave welcomes Rodney, who discusses his 38-year career in financial services, his shift to financial wellness, and his recent role in thought leadership research. Rodney explains the concept of the 'Great Detachment' and its impact on employee engagement. He shares strategies like fostering trust and respect, encouraging work-life balance, and offering financial empowerment resources. Rodney highlights the successful implementation of equity compensation and how it significantly improved retention and engagement. He emphasizes the importance of conducting financial wellness assessments and tailoring benefit communications to meet diverse employee needs. The episode concludes with Rodney's advice on understanding employee needs through detailed surveys and data disaggregation.00:00 Welcome and Introduction00:50 Rodney's Career Journey02:01 The Great Detachment and Employee Engagement04:14 Strategies for Building a Positive Work Culture06:48 Impact of Equity Compensation09:41 Case Study: Financial Wellbeing in Healthcare13:25 Final Advice and ConclusionPrevi is a private pricing network that is free for companies to launch and maintain. It saves employees $2,200/year on essential services like their cell phone and auto insurance bill. ⁠⁠⁠⁠⁠Visit here to learn more⁠⁠⁠⁠⁠.