Benefit

BofA report finds 64% of women want menopause-specific benefits

BofA report finds 64% of women want menopause-specific benefits

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Bank of America published Break Through the Stigma: Menopause in the Workplace(PDF), a new report revealing half of peri- and post-menopausal women (51%) report menopause has negatively impacted their work life, yet only 14% believe their employers recognize the need for menopause-specific benefits. The under-recognized need for menopause-specific benefits comes as 20% of the workforce is in some phase of menopause transition 1 and the number of post-menopausal women is expected to reach 1.1 billion by 2025 globally.

“Right now, there are millions of women suffering in silence – trying to simultaneously manage menopause symptoms, stigma and their careers,” said Lorna Sabbia, Head of Retirement & Personal Wealth Solutions at Bank of America. “With this report, we are addressing the issue head-on by bringing awareness to the challenges and identifying actions for employers. Our goal is to help women of all life stages comfortably and confidently bring their best selves to work.”

The report, which surveyed 2,000 female workers and 500 benefit managers on menopause and its impacts in the workplace, uncovered there is room for employers to better support women in this life stage. The report was developed in partnership with the National Menopause Foundation, a foundation committed to providing women with the information and resources they need to thrive during their journey to and through menopause.

Disconnects Between Employers and Female Employees

While 76% of HR benefit managers say they discuss menopause with their employees, only 3% of peri- and post-employees say they have talked about menopause with HR, revealing a significant disconnect between the two groups. In addition, while 71% of employers have a positive perception of their company’s culture toward menopause, only 32% of women employees share that same perspective.

The number one reason employers say they do not offer menopause-specific benefits is that employees have not asked for them. Among employers who say they offer menopause-specific benefits, top benefits include access to menopause health professionals (40%), menopause policies such as time off or flexible work arrangements (38%), and hormone replacement therapy coverage by health insurance plans (38%). However, less than 1-in-3 women are aware of available benefits and only 1-in-10 use them.

When it comes to addressing the impact of menopause on the workplace, employers see the responsibility equally split between employees (49%) and employers (51%). However, female employees see the responsibility to be more on themselves (70% vs. 30%).

Menopause-Specific Benefits Create Better Workplaces

Nearly two-thirds (64%) of women want menopause-specific benefits. In fact, when benefits are offered, 58% of women report they have had a positive impact on their work, mostly by allowing them to bring their best selves to work (40%). Female employees are also likely to feel more comfortable talking about menopause in the workplace when they have access to menopause-specific benefits.

Additional support from employers can impact female employees’ overall perception of the workplace. Employees feel more inclined to recommend their employer as a great place to work when menopause-specific benefits are available (83% vs. 69%), revealing an opportunity for employers.

“Menopause is a normal life stage in women’s lives, yet there is still a need and opportunity for workplaces to enhance their menopause policies and benefits,” said Claire Gill, founder of National Menopause Foundation. “We hope this research will inspire employers to create cultures that reduce stigma and foster better communication.”

Impact of Menopause

Top symptoms peri- and post-menopausal employees report experiencing include impacts to their sleep (45%), mental health/mood (30%), physical health (20%), relationships with family/partner (20%), ability to focus on work (17%), daily activities (15%) and even career progression (9%).

Despite millions of employees experiencing menopause each year, stigmas around the topic persist. The majority of women (60%) consider menopause to be stigmatized, with 58% of peri- and post-menopausal women reporting they don’t feel comfortable discussing their menopausal symptoms at work. Most women (80%) consider the topic to be too personal to discuss, but other concerns include:

  • 32% fear being perceived as old.
  • 28% are embarrassed to talk about their body.
  • 23% do not want peers to treat them differently.
  • 18% fear not being respected by male peers.

More findings, including actionable steps for employers, are available in the Bank of America Break Through the Stigma: Menopause in the Workplace (PDF) report.

Break Through the Stigma: Menopause in the Workplace Methodology

These are the findings of two polls conducted by Ipsos between February 21 and March 8, 2023. The first was conducted among a sample of 500 human resource benefit decision makers from companies that have at least 1,000 employees. No post-hoc weights were applied to the data and findings reflect the opinion of these respondents. The second was conducted among 2,000 women ages 40-65 that are employed full-time at a company with 1,000 or more employees and have had a menstrual cycle. Both surveys were conducted online in English in the continental U.S., Alaska, and Hawaii. Results among human resource benefit decision makers have a credibility interval of plus or minus 5.4 percentage points for all respondents. Results among employed women have a credibility interval of plus or minus 2.7 percentage points for all respondents. Survey content was developed by Ipsos in consultation with the Bank of America team. Bank of America, Merrill, their affiliates, and advisors are not affiliated with Ipsos.

National Menopause Foundation

The National Menopause Foundation (NMF) was founded in 2019 by women and for women to create an informed community where women can learn, exchange information, find support and be inspired as they approach and journey through menopause.

Bank of America

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 68 million consumer and small business clients with approximately 3,900 retail financial centers, approximately 15,000 ATMs and award-winning digital banking with approximately 56 million verified digital users. 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. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

 

Treasure Coast Business is a news service and magazine published in print, via e-newsletter and online at tcbusiness.com by Indian River Media Group. For more information or to report news email [email protected]

 

 

Jun. 1, 2023|

We’ve made room at the inn: A holiday treat to benefit Mary’s Home

Holiday treat to benefit Mary’s Home

 

Kaitlyn, Vanisha, Casey holding Jayciee, Hendrix hiding behind the Room sign, Nneka holding Nuyveya, Madison (on the floor) Jillian holding Remi

 

After a two-year absence, one of the area’s most heartwarming holiday celebrations returns when Mary’s Home of the Treasure Coast presents We’ve Made Room at the Inn.

Local businessman and philanthropist Steven Vitale has given the nonprofit access to his award-winning Inn and guest houses on Seminole Street and Colorado Avenue, which in turn have been spectacularly decorated by some of the Treasure Coast’s most respected designers. Divine Designs of the Treasure Coast -Trisha Piazza, Wonder Walls by Nikki K Interiors and Doris Clements Interiors have offered their expertise and talent and the result is charming cottages with Christmas décor that have no equal. The Ernest Lyons House will be decorated by the residents and staff of Mary’s Home.

The houses will be open from 11 a.m.- 8 p.m. on Saturday, Dec. 10 and from noon – 5 p.m. on Sunday, Dec. 11.

The Old Colorado Inn is located at 211 S. Colorado Avenue in Stuart.

Tickets are $50 per person and include yummy Christmas treats, a raffle ticket for a Christmas Tree decorated by Dana Godfrey of Treasure Coast Home and Décor, as well as assorted holiday and gift baskets and entertainment provided by choirs and bands from local churches and schools.

Sponsorship opportunities for We’ve Made Room at the Inn are available at a variety of levels. Tickets can be purchased online at www.maryshome.org or at the door.

Now in its second decade, the role of Mary’s Home remains the same: to provide homeless, pregnant women with the support and guidance they need to become self-sufficient and make good choices for themselves and their children. To learn more, visit www.maryshome.org.

 

 

Treasure Coast Business is a news service and magazine published in print, via e-newsletter and online at tcbusiness.com by Indian River Media Group. For more information or to report news email [email protected]
Nov. 7, 2022|

St. Lucie County Public Safety partners with Recovery Sports Grill for “Dine to Donate” event benefitting 2022 chili cook-off

St. Lucie County Public Safety partners with Recovery Sports Grill for "Dine to Donate" event benefitting 2022 chili cook-off

 

St. Lucie County’s Public Safety Department is partnering with Recovery Sports Grill on a Dine to Donate event on Tuesday, Sept. 20 to benefit the Boys & Girls Clubs of St. Lucie County. These donations will go toward St. Lucie County’s efforts to raise money for the 2022 Chili Cook-Off, scheduled for Saturday, Oct. 22 from 11 a.m. to 4 p.m. at Clover Park.

Residents must present a voucher, which can be downloaded from St. Lucie County’s website and/or Facebook page and present that to their server on Sept. 20 when ordering inside the Recovery Sports Grill –Tradition, 10350 SW Don Led Duke Dr., Port St. Lucie, between 4 and 8 p.m. Recovery Sports Grill will also allow donations to be made through online ordering all day at www.recoverysportsgrill.com/port-st-lucie, just enter code “BG922” in the coupon code box at check out.

Residents can also help St. Lucie County’s Public Safety Department raise funds for the Boys & Girls Clubs of St. Lucie County by donating through a safe and secure website: https://e.givesmart.com/events/rr5/c/:tHY5edh7Uhc.

Those who wish to donate in-person should plan on attending the 40th Annual Chili Cook-Off on Saturday, Oct. 22 from 11 a.m. to 4 p.m. at Clover Park, located at 31 Piazza Drive in Port St. Lucie. For more details, visit: https://bgcofslc.org/event/chili-cook-off.

 

 

Treasure Coast Business is a news service and magazine published in print, via e-newsletter and online at tcbusiness.com by Indian River Media Group. For more information or to report news email [email protected]
Sep. 19, 2022|

Glow in the Dark will benefit EFMC

Glow in the Dark will benefit EFMC

Jeanine Bushman, 2021 South Fork High School Teacher of the Year

 

What began as a 2020 fundraiser that could satisfy social distancing needs during the pandemic’s early stages while raising much-needed funds for one of the Treasure Coast’s most esteemed nonprofits has returned.

On Saturday, Oct. 1, Glow in the Dark will take place at Hammock Creek Golf Club in Palm City to benefit Education Foundation of Martin County.

This fun-filled nine-hole golf tournament kicks off at 4:30 p.m. with registration and cocktails. A shotgun start with a scramble format will follow.

Scheduled ending time is 8:30 p.m.

Roaming beverage carts will dot the greens and food stations will be featured throughout the course, allowing players to stop for a bite in between holes.

Entry fee for individual golfers is $250 and premium team foursomes are $1,000. Love a great party but don’t want to golf?  Consider purchasing a foursome for your favorite school or district level staff, becoming a sponsor, or registering as an attendee.  Hacker attendee entrance is $100 per person and allows you to be part of the festivities as you eat and drink your way around the course in support of Martin County’s students and teachers.

All Martin County School Teachers of the Year will be on hand, sporting around in school spirit-themed carts.  A cash grant will be awarded to the cart/team showing the most spirit.  Help make it happen by purchasing a $250 cart sponsorship for your favorite school.

The winning foursome will take away a trophy and a complimentary golf foursome at one of our local premier courses.  The last place team will also take home a one-of-a-kind prize.

A $10,000 Hole-in-One prize sponsored by MIDFLORIDA Credit Union is up for grabs.

Sponsorship opportunities costing from $250-$3,500 are available. Benefits vary and can include a premium team foursome, decorated golf carts, photo opps, event signage, social media posts, logo inclusion on the EFMC website and email news blasts and more

For information about Glow in the Dark or questions about sponsorships, visit www.EducationFoundationMC.org or contact Lisa Rhodes, Executive Director, at 772-600-8062 or [email protected].

 

Treasure Coast Business is a news service and magazine published in print, via e-newsletter and online at tcbusiness.com by Indian River Media Group. For more information or to report news email [email protected]

Sep. 19, 2022|

CTM Custom’s family-friendly fall festival benefits three nonprofits

CTM Custom’s family-friendly fall festival benefits three nonprofits

 

Matt Okerson, owner, CTM Custom; Orgen Martinez, marketing manager, CTM Custom; David Wolf, 4KIDS Treasure Coast; Stephany Forsythe, administrator, CTM Custom; Kenya Reinhardt, 4KIDS Treasure Coast; Sarah Marie Henry, Catch the Wave of Hope

Catch the Wave of Hope (CWH) will be one of three lucky nonprofit beneficiaries of the Automotive Fall Festival that will be hosted by CTM Customs on Sept. 30-Oct. 1 at the Hobe Sound Farmers Market.

Operation 300 and 4KIDS will also share in the weekend’s proceeds. The Fall Festival will offer something for everyone, auto buffs or not. Hobe Sound Farmer’s Market will be brimming with such fun activities as bobbing for apples, face painting, obstacle course, axe throwing, train rides and a cornhole tournament. Bounce houses will add to the fun on Saturday. You can also enjoy lemonade and bake sale stands, as well as raffles and a silent auction.

The wide expanse of the Hobe Sound Farmer's Market – located just west of I95 at Bridge Road – is the perfect venue for a family-friendly fall festival. There will be plenty of live music, vendors with booths that are automotive-related and not and food trucks galore.

General parking is $5 per vehicle. Overnight camping is $20, but space is limited.

 Matt Okerson of CTM Customs, an automotive customization shop located in Stuart, promises the coolest rides around: lifted up, powered up and tricked out is how he describes them.

The three nonprofits that will benefit serve children in a variety of ways,

Catch the Wave of Hope is a 501(c) (3) nonprofit working locally to prevent sex trafficking of children through awareness, education, restoration and legislation.

Operation 300 provides mentorship to children of the fallen, honoring the sacrifice of those who've given their all for our freedom and promoting patriotism and service on the Treasure Coast

4KIDS brings hope to babies, kids, teens, and young adults by providing safe and secure environments for healing, equipped parents and caregivers who are trained to love kids from hard places, essential resources to meet their physical needs, nurturing counsel to help them thrive and a renewed sense of value in their hearts.

Hobe Sound Farmers Market is located at 1425 SE Bridge Road, Hobe Sound.

For information about VIP parking, being a vendor or for any information regarding the Automotive Fall Festival, contact O Martinez at 772-203-2098 or [email protected]

 

Treasure Coast Business is a news service and magazine published in print, via e-newsletter and online at tcbusiness.com by Indian River Media Group. For more information or to report news email [email protected]

 

 

Aug. 29, 2022|

Sawbones vs. Jawbones softball tournament raises funds for United Way 

Sawbones vs. Jawbones softball tournament raises funds for United Way 

 

From Left to Right: Jawbones (red) - Robert Nall, Michael Zito, Dane Ullian, James Harpring, Jason Odom, Barry Segal, Eva Lauer, Jesse Larsen, Andrew Metcalf, Justin Barenborg, Raul Perez. Sawbones (blue) - Miguel Rivera MD, Marc McCain MD, Jason Stack MD, Alan Friedenstab MD, Geoff Wolf MD, Amber Dunn MD, Brett Haake MD, Clay Greeson MD, Jeff Livingston MD, Tom Baudo MD, Santos Ruiz Cordero MD, Pamela Kirwin MD, Sri Yerneni MD

 

Local professionals give back to their community at the annual Sawbones VS. Jawbones softball tournament presented by Cleveland Clinic Indian River. The doctors vs. lawyers rivalry continued for the 11th year at the newly renovated Holman Stadium at Jackie Robinson Training Complex, raising nearly $8,000.  

“It's a tremendous contribution to United Way and our community that all the physicians and attorneys do this each year,” said Meredith Egan.  

Despite the game ending a few innings short due to rain, the lawyers on Team Jawbones took home the win.  

Special thanks to the generous sponsors and supporters:  

Home Run Sponsors: Gould Cooksey Fennell, Mazzola Mediation, and Vero ENT Associates 

Double Sponsors: Kimberle Beckett, Florida Eye Institute, Grove Place Surgery Center, Legler Orthodontics, MN  Worldwide, and Zayas & Ruiz Immigration Attorneys 

Single Sponsors: Dill Evans Rhodebeck, Barry Segal, P.A., Vero Beach Neurology 

Thank you to the lawyers on Team Jawbones: Justin Barenborg, James Harpring, Jesse Larsen, Eva Lauer, Andrew  Metcalf, Bob Nall, Ashley Novander, Jason Odom, Raul Perez, Barry Segal, Dane Ullian, Rebecca White, and Michael Zito.  Additionally, thank you to the doctors on Team Sawbones: Tom Baudo, Amber Dunn, Alan Friedenstab, Clay Greeson,  Brett Haake, Pamela Kilwin, Jeff Livingston, Michael Mazziota, Marc McCain, Miguel Rivera, Santos Ruiz, Jason Stack, Luis  Velazco, Geoff Wolf, and Sri Yerneni.  

Little League took the field for the first annual Vero Beach Little League United Way Cup game following the softball tournament. All proceeds from the game benefit the United Way and support the significant work of advancing the  common good in the impact areas of Health, Education, and Financial Stability. 

For more information about getting involved in next year’s tournament, please get in touch with Meredith Egan at  [email protected] or (772) 567-8900.  

United Way of Indian River County (UWIRC) is a 501(c)(3) non-profit organization that fights for the health, education,  and financial stability of every community member. United Way works with local programs to provide resources to  individuals and families in crisis today while working year-round to improve community conditions and create lasting solutions. We are effectively building a strong foundation and improving lives by mobilizing the caring power of our  community. For more information about your local United Way, please call (772) 567-8900 or visit our website,  UnitedWayIRC.org.  

 

Treasure Coast Business is a news service and magazine published in print, via e-newsletter and online at tcbusiness.com by Indian River Media Group. For more information or to report news email [email protected]

 

Jul. 26, 2022|

Exchange Club of the Treasure Coast hosts Healing Hearts Through Exchange Valentine’s Day party

VERO BEACH – The Exchange Club of the Treasure Coast is hosting their first Healing Hearts Through Exchange Valentine’s Day Party to help raise money to provide financial support to local non-profits for their Child Abuse Prevention project. The event is being held at the Indian River Club, 800 Carolina Circle SW, Vero Beach, […]

Jan. 21, 2019|

Coldwell Banker Paradise Donates to Camp Haven

VERO BEACH, FL.- Coldwell Banker Paradise recently donated $1,000 to the men working hard to turn their lives around at Camp Haven

Camp Haven is an Indian River Transitional home that provides living opportunities and an education to men trying to escape homelessness. They hope to transform the lives of homeless men by providing […]

Feb. 5, 2017|

Annual charity cup funds distributed to 33 non-profits

VERO BEACH – Quail Valley Charities distributed $511,000.00 to the benefitting charities of this year’s Fourteenth Annual Quail Valley Charity Cup. Representatives from 33 non-profit programs that focus on children and their education in Indian River County enjoyed a special breakfast and check presentation. The 2016 Charity Cup expectations and fundraising goals were exceeded […]

Mar. 23, 2016|