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Bank of America

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370 17th St., Ste. 5500 Republic Plz. Denver, Colorado, 80202

At Bank of America, we have a clear purpose to help make financial lives better through the power of every connection. We fulfill this purpose through our commitment to responsible growth, which includes a focus on environmental, social and governance (ESG) leadership. Integrated across our eight lines of business — our ESG focus reflects our values, ensures we are holding ourselves accountable, presents tremendous business opportunity, and allows us to create shared success with our clients and communities. Every day, we provide unmatched convenience in the United States, serving approximately 66 million consumer and small business clients. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. The company serves clients through operations across the United States, its territories and more than 35 countries.

Erica McIntire

Member Since 2014

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The future direction of Workplace Benefits is evolving.

New data from the 2025 Workplace Benefits Report by Bank of America paints a detailed picture of a workforce stressed about juggling rising debt and caregiving duties yet feel financial wellness resources can help drive job satisfaction and productivity.

The 15th annual Workplace Benefits Report is based on nationwide surveys of employees and employers. The report analyzes employee financial well-being and retirement preparedness, the evolving state of the workplace, benefits trends and more.

Some key findings include:

85% of employees carry some type of personal debt. In 2025, credit card debt topped mortgage debt for the first time in recent years. Additionally, 1 in 4 employees carry student loan debt, and nearly 1 in 5 have medical debt.

Almost 6 in 10 employees are caregivers. Employees want caregiving benefits to help with time management and work/life balance. Flexible schedules, leaves of absence and financial wellness programs are their top desires.

8 in 10 employers say that financial wellness resources help drive job satisfaction, productivity and a positive workplace culture. However, less than half of employers offer financial wellness

The full report can be viewed here.