Episode #32: Addressing Financial Shame in America
Two thirds of Americans have less than $1,000 in their savings accounts, and 75% live paycheck to paycheck, a real crisis in terms of what people are experiencing on the front lines of American companies today. Today we speak with a CEO who's out there trying to make a difference in the financial wellbeing of those workers.
Join us for a discussion of hope with Safwan Shah co-founder of PayActiv and author of It’s About TIME: How Businesses Can Save the World (One Worker at a Time).
Listen to this episode on Apple Podcasts, Spotify, Stitcher, or wherever you get your podcasts.
References & Resources:
TEDx Talk - Surprising link between payroll systems and financial stress.
Book Reviews - It's About Time by Safwan Shah
Video documentary about Payactiv - From the lens of scientists, economists and workers.
We heard you - A 2 minute award winning tribute to workers and businesses
Payactiv Impact Report 2020 - Resuscitating America
Shah, S. (2019). It's about TIME: How Businesses can Save the World (one Worker at a time). Conscious Capitalism Press
Conscious Capitalism main website - www.consciouscapitalism.org
Timothy Henry's Website - https://www.arete-mgt.com
Raj Sisodia's Website - http://rajsisodia.com
Raj Sisodia on Twitter - https://twitter.com/RajSisodiaCC
Mackey, J., Sisodia, R. (2014). Conscious Capitalism: Liberating the Heroic Spirit of Business. Harvard Business Review Press.
Sisodia, R., Henry, T., Eckschmidt, T. (2018). Conscious Capitalism Field Guide. Harvard Business Review Press.
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About Safwan Shah:
Safwan is the founder and CEO of PayActiv, a Public Benefit Corporation and Certified B Corp. Prior to PayActiv, Safwan founded Infonox, which was acquired by TSYS (now Global Payments). An innovator with a mission, purpose, and real results, Safwan’s book, It’s About TIME, calls for businesses to embrace the mantle of saving the world and has been published by Conscious Capitalism Press. In 2019, Safwan received the George Norlin Award, the highest alumni honor for his devotion towards the betterment of society from CU Boulder, where he got his Ph.D. in aerospace engineering and worked for Bioserve Space Technologies, a NASA center for commercialization of space. Safwan has taught at the Haas School of Business, Berkeley, and Baskin School of Engineering in Santa Cruz, and is a graduate of the Stanford Executive Program. In 2020, Safwan became a board member of Conscious Capitalism.