Related: More workers feeling 'financially well': Retirement is top financial goal
"Despite concerns about the cost of living and plans to limit expenses, more employees are feeling confident about their financial well-being," said Lorna Sabbia, Head of Workplace Benefits at Bank of America. "However, there is still work to be done to address gender equity, as women continue to report much lower financial wellness scores than men." The good news is that 79% of workers plan to stay at their company for the next year, according to the survey. However, a closer look at workplace benefits reveals that employees seek the following benefits that allow for greater work/life balance and can help them balance their current financial priorities with planning for the future.
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Lynn Cavanaugh
Lynn Varacalli Cavanaugh is Senior Editor, Retirement at BenefitsPRO. Prior, she was editor-in-chief of the What's New in Benefits & Compensation newsletter. She has worked for major firms in the employee benefits space, Vanguard and Willis Towers Watson, as well as top media companies, including Condé Nast and American Media.
