Employees’ Financial Wellness

Bank of America’s 2022 Workplace Benefits Report found employees play an important role in their employees’ financial wellness. Employees are stressed (62%) by current economic conditions and employers (97%) feel very responsible for employee financial wellness (only 41% of employers felt this way in 2013). Offering financial wellness support can lead to more employee satisfaction, more company loyalty, more engagement, greater productivity, and stronger job performance. #IdeaoftheDay