{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Beyond the Paycheck","title":"LPL Financial's answer to employee money stress","html":"","width":"100%","height":180,"duration":1415,"description":"Summary\nJulie Molloy runs compensation, benefits and recognition as EVP of Total Rewards at LPL Financial, a wealth management firm of roughly 9,500 employees whose entire purpose is helping financial advisors take care of everyone else's money. On this episode of Beyond the Paycheck, she tells host Kelsey Willock what happened when the company turned that purpose inward and gave its own employees free access to an LPL financial advisor. The early numbers are already moving: people who take even one meeting are raising their 401k contributions.\nThe conversation goes well past the program itself. Julie explains how she builds the internal case for benefits when the spreadsheet refuses to show a clean ROI, walks through a caregiver leave expansion at a prior employer that resonated so well it blew past every financial model her team had built, and names the two shifts she thinks HR is least prepared for: full pay transparency and the expectation that benefits will be personalized the way consumer apps already are. She also traces where her convictions about fair pay came from. She was raised by grandparents who lived on welfare, was the first in her family to attend college, made burgers at Burger King, and took her first grown up paycheck from a KPMG internship straight to the mall.\n\nChapters\n00:00 Welcome and Julie's path through total rewards\n02:26 What LPL Financial does and who works there\n04:04 Burger King, KPMG, and the first grown up paycheck\n05:43 Raised by grandparents on welfare\n07:33 A free financial advisor for LPL employees\n09:45 Why financial stress follows people to work\n11:33 Making the case when the spreadsheet will not\n14:25 Small round tables over three day conferences\n16:43 The caregiver leave that worked too well\n19:00 Pay transparency and personalized benefits\n\nTakeaways\n- LPL Financial gives its own employees free access to an LPL financial advisor, and employees who take even a single meeting are already increasing their 401k contributions....","thumbnail_url":"https://img.transistorcdn.com/JIYEsfsi51sw9dAl9I1QhUhSrAX9V6MCXZ34oR09gz4/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS80MTA4/NDk4NWM2OTI3Nzk5/Mjk4NzUxN2UyYjI4/NTg1Zi5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}