Blog | CHC Wellbeing

Bank of America Survey Highlights the Necessity of Financial Wellness Benefits

Written by CHC Wellbeing | Oct 1, 2021 3:00:00 PM

Employee Benefit News

A recent survey of employers and employees, conducted by Bank of America, found that 60% of employees say their mental, physical (54%) and financial (46%) health significantly impacts their overall wellbeing. However, only one-third of employers communicate about these issues more than twice a year. There is no denying that employees want more from their employers and 95% of employers surveyed stated that they feel a sense of responsibility for their employees' financial wellness. So what steps can employers take to help their population?

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