At a time when people are investing financially in home upgrades, the last thing people need is another medical bill. In the U.S., 48% of employees say they can’t pay for an unexpected out-of-pocket expense of $1,000 or more without taking on debt, according to the 2020-2021 Aflac WorkForces Report.3
Along with the many other winners of Ragan’s 2021 Employee Communications Awards, these companies represent the very best in employee engagement and internal comms.
During COVID-19, it became clear to insurance firm Aflac that something new was needed for its annual report on corporate social responsibility. The company prides itself on its commitment to purpose, ethics and giving back to the community, and the organization saw 2020 as an opportunity to morph the launch of its report into a virtual event, both highlighting CSR achievements and engaging a newly remote workforce.
As employers renew their commitment to their employee benefits strategies, they’re looking to brokers and insurance carriers to help them deliver holistic offerings that reflect the evolving landscape and address employees’ financial wellbeing needs.
Employers and employees are looking to a combination of supplemental benefits, enhanced technology and education to navigate the pandemic’s impact and prepare for the future. Bob Ruff, Senior Vice President of Growth Solutions at Aflac, gives a fresh look into how the benefits landscape is changing.
COLUMBUS, Ga., March 11, 2021 /3BL Media/ -- Aflac Incorporated announced recently that it has closed its first sustainability bond, further reinforcing the company's longstanding commitment to uphold the core values of our "people-first" business approach that balances purpose and profit. The company's core values include reinforcing and operating with the utmost respect for our environment and the communities we serve.
The company issued $400 million principal amount of 1.125% senior notes due 2026.
Coming off the events of last year, a comprehensive benefits offering not only helps employees during a health event, but it also supports employee productivity, recruitment and retention. According to the 2020-2021 Aflac WorkForces Report, 35% of workers say improving their benefits package is the one thing their employer could do to keep them in their jobs — second only to increasing their pay. (Learn more about the survey at Aflac.com/AWR.)
After an unpredictable 2020 and with a COVID-19 vaccine in the early stages of distribution, optimism and fresh starts are the sentiments ringing true right now.
However, the health and financial challenges of 2020 will likely linger for some time. In fact, the 2020-2021 Aflac WorkForces Report found that 67% of U.S. employees experienced at least a minor financial impact because of COVID-19.
COLUMBUS, Ga., March 18, 2021 /3BL Media/ -- Aflac, a leading provider of supplemental insurance products in the U.S., today announced it has once again been named as one of the World's Most Ethical Companies by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. This is the 15th consecutive year that Aflac has appeared on the prestigious ethics list, making it the only insurance company to hold this distinction every year since the inception of the honor in 2007.