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2022 Workplace Benefits Report

A new era in financial wellness

Each year we talk to employers and employees about workplace benefits — what’s working, what’s not and most importantly, where there are opportunities to enhance employee financial wellness.

 

Employees are feeling stressed by current economic conditions and they are looking for help from their employers across a range of financial and other wellness topics.

 

Learn more by watching the video below.

Click here to download the Workplace Benefits Report, which details the impact market uncertainty and inflation have on employee feelings of financial wellness.

Workplace Benefits Report

Click here to download the Activation Guide, which are actionable steps employers can take to enhance their benefit programs.

Activation Guide

Click here to listen to Bank of America thought leaders on retirement insights.

Workplace Benefits Insights

Let’s start a conversation

See how we can help you make more informed decisions about the workplace benefits you offer, and help you provide the support employees need and want.

12022 Workplace Benefits Report, 2/2022.

22022 Workplace Benefits Pulse Report, 7/2022. Surveyed Employees only.

Click to expand the methodology for the Workplace Benefits Report

2022 Workplace Benefits Report methodology

Escalent surveyed a national sample of 834 employees who are working full-time and participate in 401(k) plans, and 846 employers who offer both a 401(k) plan and have sole or shared responsibility for decisions made in the plan. The survey was conducted between February 3, 2022 and February 28, 2022. To qualify for the survey, employees had to be current participants of a 401(k) plan and employers had to offer a 401(k) plan option. Neither was required to work with Bank of America. Bank of America was not identified as the sponsor of the study. Bank of America Retirement and Personal Wealth Solutions help employers and employees to take action and work toward their financial goals today and into retirement.

 

July 2022 Pulse Study methodology

Escalent surveyed a national sample of 478 employees who are working full-time and participate in 401(k) plans. The survey was conducted between July 5, 2022 and July 19, 2022. To qualify for the survey, employees had to be current participants of a 401(k) plan. They weren’t required to work with Bank of America. Bank of America was not identified as the sponsor of the study. Bank of America Retirement and Personal Wealth Solutions help employers and employees to take action and work toward their financial goals today and into retirement.