Today's guest is Jason Lee, a fintech veteran who has been at the forefront of employee financial wellness innovation for nearly a decade. After co-founding and scaling DailyPay into one of the pioneering companies in earned wage access, Jason went on to launch Salt Labs, an innovative employee rewards platform that Chime acquired just 18 months after its founding. Now, as the leader of Chime Enterprise, Jason is on a mission to make financial health benefits as ubiquitous in the workplace as health insurance.

In this conversation, we explore why he believes every employer will eventually offer these programs, not out of altruism, but because it makes compelling business sense. Jason shares fascinating insights about how financial stress undermines productivity, why employees value Salt's non-dollar rewards even more than cash, and his ambitious vision for building an employer-focused financial health platform that could parallel what Fidelity achieved in retirement. It's a conversation about the intersection of fintech, HR technology, and the future of work – and why the employer may be the most powerful catalyst for improving Americans' financial lives.

In this podcast you will learn:

Jason’s high profile background in fintech.
The origins of Salt Labs and how they became part of Chime.
The premise for Chime Workplace.
Why they are fundamentally in the productivity business.
How they are able to measure financial wellness outcomes.
Why employers are caring more about the financial health of their employees today.
Jason’s prediction for employers and financial wellness.
The target market for Chime Workplace.
What they hear when they first go into a new employer.
Why they don’t charge employers for Chime Workplace.
How their SALT rewards work.
Jason's vision for the future of employer-driven financial wellness.

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Living on Earth: August 26, 2011