Toronto-Dominion Bank is adding child daycare and elder care as eligible expenses for employees’ wellness accounts as lenders battle for talent and try to build workforces with greater diversity.
The Toronto-based bank also is adding coverage for fertility and reproductive treatments as well as support for surrogacy, donor and adoption costs, according to an emailed statement Tuesday. The firm also is extending its bereavement leave to those mourning the end of a pregnancy. The changes take effect March 1.
