CARE | WELLNESS & BENEFITS
TEAM MEMBER TOTAL REWARDS
These days, competitive pay and health insurance are table stakes for most companies. At Advance, we offer a comprehensive health and wellness benefits program that goes above and beyond the basics to improve the way of life for our team members and those who mean the most to them: their families. This includes paid maternity leave, 401(k) retirement saving plans with a company match, company-provided basic life insurance and more. For example, we now provide virtual health coaching for those impacted by conditions such as hypertension and type 2 diabetes. In addition, we recently introduced a program that contributes to the financial wellbeing of our team members. We regularly assess our benefits package and add other meaningful options that support total team member wellbeing. PROMOTING FINANCIAL WELLNESS In 2021, Advance introduced a financial wellness program that provides wage advances, loans and coaching to help team members reach their financial goals. Thus far, the service has been widely utilized by our team members, particularly those working on the frontline in our stores and DCs. Beyond this program, we expanded the financial education offerings through our 401(k) provider.
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2021 ADVANCE AUTO PARTS CORPORATE SUSTAINABILITY AND SOCIAL REPORT | 17
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