Workplaceinsights.bofa.com

How Gen Z is helping us reshape the narrative around mental …

WebThe physical, emotional and financial wellness of our teammates and their families has long been a core focus at Bank of America. But, in 2018, we learned through our annual …

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URL: https://workplaceinsights.bofa.com/articles/2024/03/genzhealth.html

Young adults are driving new expectations of workplace benefits

WebKey takeaways. Download the Young adults and workplace wellness report and talk with your Bank of America representative about strategies to help enhance employee …

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A new workplace mental health landscape

WebIn fact, the World Health Organization reports 12 billion working days are lost every year to depression and anxiety alone. 1 Depression and anxiety cost the global economy $1 …

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Financial health vs. financial wellness—are they the same

WebAs many as 86% of Americans believe financial health and financial wellness are one and the same—when they are actually quite different. 1 Among the 14% who believe there is …

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Understanding social factors affecting workplace well-being

WebUnderstanding these social factors and how they contribute to employees’ overall quality of life can help employers consider actions to take in support of workforce well …

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Helping employees get the most from their benefits

Web2023 HSA Experience. The HSA Experience is like a virtual health benefits fair, providing one convenient place where your employees can go to get information that will help them …

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Data reveals gender gaps in health care savings Bank of America

WebSeptember 2023. FINANCIAL WELLNESS. Data reveals gender gaps in health care savings. The cost of health care is a common concern among employees. Estimates …

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The HSA in its 20th year: Trends to watch Bank of America

WebNovember 2023. TOP 5. The HSA in its 20th year: Trends to watch. As the Health Savings Account (HSA) approaches its 20th anniversary, let’s check in on the …

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Strengthening women’s financial fitness Bank of America

Web49% of women are not actively saving for future health care needs. 2. While women and men have nearly equal influence over day-to-day financial decisions, less than half of …

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Personalizing benefits for a multi-generational workforce

WebPersonalization benefits both employee and employer. A higher level of engagement offered through personalization can help boost employee awareness of their benefits and …

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Bank of America Workplace Insights™

WebWorkplace Benefits is the institutional retirement and benefits business of Bank of America Corporation (“BofA Corp.”) operating under the name “Bank of America.”. Investment …

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Evolving with the needs of today’s workforce Bank of America

WebBank of America Workplace Benefits Report Pulse Survey, June 2023. Methodology: Escalent surveyed a national sample of 454 employees who are working full time and …

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How behavioral finance can help improve financial wellness

WebKey takeaways. Ensure your internal communications have specific and clear calls to action that are relevant to the recipient’s needs. Encourage employees to use the Financial …

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Equity and inclusion in the face of inflation Bank of America

WebCompanies that offer benefits such as paid parental leave, child care and flexible work options can help employees manage the impact of inflation. And since women are more …

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Announcing Bank of America Workplace Benefits—a new name …

WebResponsive Financial Services Newsletter. With Workplace Benefits at the center of your corporate wellness program, you can show employees they’re valued and cared for at …

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Equity compensation: Balancing the rewards and challenges

WebKey takeaways. Download this guide to learn more about Rule 10b5-1 requirements.; Find out how equity compensation services can be part of a comprehensive benefits program …

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Creating a culture of care for your working caregivers

WebSurprisingly, the research shows that employees likely to be earning the least are spending the most on care-related expenses. In fact, 71% of employees earning less than $40,000 …

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Taking the pulse on participant financial wellness

WebHighlights from our first quarter 401 (k) Participant Pulse report include: Fewer participants took loans compared to 4Q 2022, but those who did took higher loan amounts. 1. …

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