Fringe Benefits and Work-Life Balance Could Help Address Black Women’s Wealth Disparities

Over the next 25 years, US Americans will transfer $30–$68 trillion in assets across
three generations (Tucker III and Jones 2020). Households that depend on Black
women’s wealth remain “asset poor” compared with white households. As it now stands,
the impending “Great Transfer” is poised to further the racial wealth gap unless
employers and employer organizations adopt targeted interventions to mitigate the
racial and gendered wealth inequities impacting Black women. Amid the growing
research on Black women’s wealth disparities, this brief draws attention to the
relationship between fringe benefits, work-life balance―the equilibrium between the
expectations and demands of one’s professional life and personal or family life (Powell
2018)―and wealth accumulation.

Link to Full Brief Below:

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