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H&R Block Continues Focus on Associate Well-being with Announcement of ‘Annual Reboot’

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H&R Block announces the introduction of “The Annual Reboot,” a new weekly paid time off initiative for all associates, effective July 2022. This program is designed to combat stress and burnout from the pandemic. Associates are encouraged to disconnect and recharge during this offline week. Last year’s pilot was deemed a success, with positive feedback regarding increased energy levels upon return. In addition, H&R Block has transitioned to a hybrid work schedule and introduced inclusive benefits to support associates during various life stages.

Positive
  • New 'Annual Reboot' paid time off program to support employee well-being.
  • Successful pilot program in 2021 showed positive impact on employee energy levels.
  • Transition to a hybrid work schedule enhances work-life balance.
  • New inclusive benefits address various life stages for employees.
Negative
  • None.

New week of annual paid time off in July allows Block associates to recharge, reconnect

KANSAS CITY, Mo., Jan. 26, 2022 (GLOBE NEWSWIRE) -- Stress, burnout, and uncertainty have been themes of being employed during the past two years of the pandemic. To counter these challenges and to thank its associates for their resiliency and hard work, H&R Block (NYSE: HRB) announces “The Annual Reboot,” a paid week of time off that will be offered to all associates annually during the first week of July.

“Our culture at H&R Block is focused on connectedness – connecting as we work together in cross-functional teams, serve our customers, and as we give back to our communities. These connections become even more important during uncertain times like the pandemic,” said H&R Block’s Chief People & Culture Officer Tiffany Monroe. “We know the past two years during COVID-19 have been stressful, and our new Annual Reboot is just another way we are showing appreciation for our associates by allowing them to take extra time to recharge and reconnect.”

Block’s Annual Reboot continues the company’s focus on associate well-being, inclusion, and connectedness and is designated as a completely “offline” week in which everyone is encouraged to log off and take a break from work. Those core workers who will be needed to work during the Annual Reboot week will schedule their week off at a later date.

“We piloted the week off to recharge last July,” said Monroe. “It was an overwhelming success and our associates shared how the collective time away from work for everyone allowed them to come back energized.”

The Annual Reboot is just one change the company has made as a result of the pandemic. Block corporate associates are set to work a permanent hybrid schedule with three days in the office and two days designated as work from anywhere. Last October, Block also announced a host of new inclusive benefits designed to provide associates more support across a range of life stages and circumstances.

About H&R Block

H&R Block, Inc. (NYSE: HRB) provides help and inspires confidence in its clients and communities everywhere through global tax preparation services, financial products, and small-business solutions. The company blends digital innovation with human expertise and care as it helps people get the best outcome at tax time and also be better with money using its mobile banking app, Spruce. Through Block Advisors and Wave, the company helps small-business owners thrive with innovative products like Wave Money, a small-business banking and bookkeeping solution, and the only business bank account to manage bookkeeping automatically. For more information, visit H&R Block News or follow @HRBlockNews on Twitter.

For Further Information

Investor Relations:Michaella Gallina, (816) 854-3022, michaella.gallina@hrblock.com
 Jordyn Eskijian, (816) 854-5674, jordyn.eskijian@hrblock.com
  
Media Relations:Angela Davied, (816) 854-5798, angela.davied@hrblock.com


FAQ

What is the Annual Reboot program by H&R Block (HRB)?

The Annual Reboot is a new paid time off initiative allowing H&R Block associates to take one week off in July to recharge and reconnect.

When does the Annual Reboot start for H&R Block (HRB) associates?

The Annual Reboot program will be effective from July 2022.

What was the outcome of the pilot program for the Annual Reboot at H&R Block (HRB)?

The pilot program in July 2021 was a success, with associates reporting increased energy levels after the time off.

How is H&R Block (HRB) supporting employee well-being?

H&R Block is enhancing employee well-being through the Annual Reboot, a hybrid work schedule, and new inclusive benefits.

What are the working conditions for H&R Block (HRB) employees after the pandemic?

H&R Block has adopted a permanent hybrid schedule, with three days in-office and two days of remote work.

H&R Block, Inc.

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