Fifth Third Bank said its wellness program’s success is defined by employee participation, competitive benchmarking and impact on employee health by aggregate biometric and claims data. The primary subsidiary of Cincinnati-based Fifth Third Bancorp (Nasdaq: FITB) — one of Central Florida’s largest banking institutions with $1.78 billion in local deposits as of June 2018 — said encouraging employee wellness tends to result in a better customer experience. The bank provides reward money as an incentive to motivate employees to complete specific health and financial wellness activities, including personal assessments, biometric screenings and engagement status in the program.
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