Race and Financial Stress Special Report
October 25, 2022Executive Summary:
The racial wealth gap in America has garnered much attention as part of the fight against social injustice. It is highly encouraging to see many of our partners that have not only publicly pledged their support in this fight, but are actively searching for ways to make tangible headway within their organization. Many are leaning on their financial wellness benefits to do just that, as they understand that improving the financial wellness of their most vulnerable employees will, over time, drive results in this quest for financial equity amongst the races.
In this special report, we’ll explore:
- The current racial disparities in financial wellness
- What role income plays in these disparities
- How financial wellness is successfully driving improvements to narrow the gap
- Ideas on how to improve financial wellness disparities within your organization