Shannah Shares: Are My Workplace Benefits Valuable

Welcome back to another episode of Shannah Shares, community Q&A. In this episode, I’m tackling a question from a MMP listener, Susanna.

“Hi there, Shannah. I’ve been listening to the show for a while now and finally got up enough nerve to ask a question. I’m new at a company and looking all over the workplace benefit options has my head spinning. I don’t know how to place any value on what I’m being offered, or really, what to pick. I’m also really thinking about money lessons from the pandemic and how that shapes my benefits - like hello mental health benefits. Also, I know I just started working for this company but I’m also considering making a big life change and start building my own business. Of course, if I do that, I loose out on all the juicy benefits…but again, I don’t even really know if those are of value. Ok, so you see, I’m lost here. I’d love to hear any tips from you or experts who can help guide me in valuing all of this and thinking about takeaways from the pandemic. Oh, also, any tips for deciding if it’s worth leaving these benefits behind because they can also be expensive.Thanks so much for answering my question.”

I had a chance to speak with Marquis Smallwood, Vice President of Workforce Engagement at MetLife and Marsha Barnes, CEO of The Finance Bar, who deal with workplace benefits on a daily basis about this very question. Let’s hear their advice on how to know what benefits work for you and how to value those benefits.

Links

MetLife

The Finance Bar

Upwise App

Marquis Smallwood on LinkedIn

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Shannah Shares: Community Q&A

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