Fifth Third Named 2024 National Best and Brightest in Wellness Winner by National Association for Business Resources

Rhea-AI Summary

Fifth Third Bank has been recognized as one of the Nation's Best and Brightest in Wellness for 2024 by the National Association for Business Resources (NABR). This accolade highlights companies that excel in prioritizing employee health, well-being, and workplace culture. Nancy Pinckney, Fifth Third's chief human resources officer, emphasized the Bank's commitment to supporting employees' holistic well-being by implementing innovative programs based on employee feedback. Recent enhancements include improved adoption reimbursement, bereavement leave, and an updated employee stock purchase plan. Additionally, the Bank offers various support services such as virtual and maternity concierges, on-site concierges, and subsidized care for children and elder adults. This recognition is based on a detailed assessment by a leading wellness research firm, evaluating outcomes, participation, and overall program effectiveness.

Positive

• Recognition as one of the Nation's Best and Brightest in Wellness for 2024, highlighting a strong commitment to employee well-being.
• Enhanced employee benefits including improved adoption reimbursement, bereavement leave, and an updated employee stock purchase plan.
• Provision of comprehensive support services such as virtual and maternity concierges, on-site concierges, and subsidized back-up care for children and elder adults.

Negative

• None.

CINCINNATI--(BUSINESS WIRE)-- Fifth Third Bank is pleased to announce it has been named one of the Nation’s Best and Brightest in Wellness by the National Association for Business Resources (NABR). The companies who made this list prioritize employee health, well-being, and workplace culture.

“We are committed to holistically supporting employees’ overall well-being, including their health and financial wellness, based on their input,” said Nancy Pinckney, chief human resources officer. “We strive to offer innovative programs that make a real difference in their lives.”

In response to employees’ feedback from surveys, the Bank recently enhanced its adoption reimbursement benefit, bereavement leave and employee stock purchase plan. It also made updates to its wellness and employee assistance programs. The Bank also offers employees virtual and maternity concierge services in addition to on-site concierges in larger locations, as well as subsidized back-up care for children and elder adults.

The Nation’s Best and Brightest in Wellness winning companies were evaluated by an assessment created and administered by a leading wellness research firm. Each entry was examined statistically for quantitative and qualitative data. Each survey was scored on a point system based upon criteria to benchmark and improve wellness program effectiveness. They include outcomes, analysis, tracking, participation and incentives, benefits and programs, leadership, employee input, culture, and environment.

Jennifer Kluge, president and CEO of NABR and the Best and Brightest Programs, noted that Fifth Third and the companies on the list have prioritized making a significant impact on their culture.

About Fifth Third

Fifth Third is a bank that’s as long on innovation as it is on history. Since 1858, we’ve been helping individuals, families, businesses and communities grow through smart financial services that improve lives. Our list of firsts is extensive, and it’s one that continues to expand as we explore the intersection of tech-driven innovation, dedicated people and focused community impact. Fifth Third is one of the few U.S.-based banks to have been named among Ethisphere’s World’s Most Ethical Companies® for several years. With a commitment to taking care of our customers, employees, communities and shareholders, our goal is not only to be the nation’s highest performing regional bank, but to be the bank people most value and trust.

Fifth Third Bank, National Association, is a federally chartered institution. Fifth Third Bancorp is the indirect parent company of Fifth Third Bank, and its common stock is traded on the NASDAQ® Global Select Market under the symbol "FITB." Investor information and press releases can be viewed at www.53.com.

About the Best and Brightest Programs

The Best and Brightest in Wellness, Best and Brightest Companies to Work For, Best and Brightest CEOs and Leadership Teams in the Nation are programs of the National Association for Business Resources, and are presented in several markets: Atlanta, Charlotte, Chicago, Dallas/Fort Worth, Denver, Detroit, Houston, Miami, Milwaukee, Nashville, New England, New York, Northern California, Pacific Northwest, Southern California, West Michigan and Nationally. Nominations are now being accepted for all programs. Visit https://nationalbiz.org/best-and-brightest/nominations/ to obtain an application.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240624046958/en/

Beth Oates (Media Relations)

Beth.Oates@53.com | 313-230-9002

Matt Curoe (Investor Relations)

Matthew.Curoe@53.com | 513-534-2345

Source: Fifth Third Bank

FAQ

What award did Fifth Third Bank win in 2024?

Fifth Third Bank won the 2024 National Best and Brightest in Wellness award by the National Association for Business Resources.

What improvements has Fifth Third Bank made to employee benefits?

Fifth Third Bank has enhanced its adoption reimbursement benefit, bereavement leave, and employee stock purchase plan.

What support services does Fifth Third Bank offer to employees?

Fifth Third Bank offers virtual and maternity concierge services, on-site concierges at larger locations, and subsidized back-up care for children and elder adults.

How was the National Best and Brightest in Wellness awarded to Fifth Third Bank?

The award was based on an assessment created and administered by a leading wellness research firm, evaluating outcomes, participation, and program effectiveness.