Prudential adds Wellthy, a service for caregivers, to its financial wellness portfolio - Seite 2

“The COVID-19 pandemic has blurred the lines between work and home. It has pushed many employees into multiple and sometimes new caregiving roles that impact their ability to balance work, home and the needs of their loved ones. This balancing act is creating additional pressure on an already challenged caregiving system,” said Judy Dougherty, head of Enterprise Capabilities at Prudential Financial. “The benefits of Wellthy’s service are lower stress and improved productivity by assisting with some administrative and logistical tasks associated with caregiving, and in some cases reduced income disruption associated with unpaid leave. The addition of Wellthy to our portfolio is another way we are helping people achieve and maintain financial wellness.”

For employers, the benefits of investing in caregiver support are also clear. Caregiving costs employers several thousand dollars per caregiving employee per year—on lost productivity, absences, and talent retention.

“Well before the pandemic, caregiving was a serious challenge for so many Americans and we’ve remained steadfast in our commitment to lift the burden off caregivers,” said Lindsay Jurist-Rosner, CEO of Wellthy. “Our model is built on transforming family care through personalized care support that caregivers can control from an online dashboard, and we are pleased that more and more employers are seeing the value of providing their workforce with access to caregiving support.”

Learn more about Prudential Financial Wellness

About Prudential Financial, Inc.

Prudential Financial, Inc. (NYSE: PRU), a financial wellness leader and premier active global investment manager with more than $1.5 trillion in assets under management as of Dec. 31, 2020, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help to make lives better by creating financial opportunity for more people. Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit news.prudential.com.

About Wellthy

Wellthy is a caregiving concierge service for families with chronic, complex and ongoing care needs. Wellthy offers a robust caregiving platform and personalized support to help families tackle the logistical and administrative tasks of caring for the ones they love, including themselves. For more information, please visit wellthy.com.

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¹ Financial wellness content, tools and solutions are provided through Prudential Workplace Solutions Group Services, LLC (“PWSGS”). PWSGS is a subsidiary of Prudential Financial, Inc. PWSGS is not a licensed insurance company, does not provide insurance products or services, and does not provide investment or other advice. Access to Wellthy Caregiving Services is separate from and is not contingent upon participation in a Prudential Group or Retirement service or contract.

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