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Adobe joins Citigroup, Starbucks and Mastercard in disclosing this kind of information, which measures the pay of women and men across all job classifications no matter their role in the company.
Racial and gender representation increased in most areas of the company, including among senior management, according to data from the bank.
Less than half of women surveyed by Bank of America said they feel financially stable. Financial wellness benefits can be a critical tool.
The move is part of the effort by banks and other companies to promote racial equity and be more sensitive to the stresses on front-line employees.
The funds will be directed to programs that focus on health, jobs, small businesses and housing, particularly in communities with many people of color.
Demand has soared for mental health services as bank employees put in long hours, supervise kids while working at home and endure personal crises. Citi, BofA, Fifth Third and others are getting creative to help them decompress during the pandemic.
The banking giant celebrates 100 years of prioritizing military hires through specialized benefits and mentorship programs.
Leave benefits have helped the company drive its ability to keep employees and help them grow their careers.
Here’s what large employers, including Starbucks, Amazon and Staples, did this year to redefine their employee benefit packages.
Bank of America Corp. sees the U.S. corporate pension industry throwing its interest-rate assumptions out the window.
Nearly half of large employers offer some type of program, yet only about a third of workers say they have access to one, highlighting a key disconnect about well-being efforts.
Nearly half of large companies offer some type of program, yet just over one-third of workers say they have access to one, highlighting a disconnect between available benefits and employees’ understanding of them.
