Chris Nicholls
While the number of American workers who report feeling financially well has trended up since mid-2023 (47% vs. 42%), a new Bank of America report shows that financial wellness varies across different generations, income levels, ethnicities and industries.
BofA released the second annual Workplace Benefits Report, Inspiring Inclusive Financial Wellbeing in the Workplace, which dives deeper into financial challenges across today's diverse workforce. The report, which is based on a nationwide survey of nearly 1,000 employees and more than 800 employers, offers actionable insights for employers to better understand and support today's diverse workforce.
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