MassMutual Further Evolves and Expands Suite of Employee Benefits
SPRINGFIELD, Mass. & BOSTON–(BUSINESS WIRE)–Massachusetts Mutual Life Insurance Company (MassMutual) today announced a further expansion of its comprehensive offering of employee benefits with additional meaningful offerings and enhancements that can be adapted to different situations and needs of employees, including all generations, genders and lifestyles .
“We view our suite of benefits as an opportunity to build a culture people want to be a part of. A culture that honors their legacy while remaining progressive to meet the evolving needs of their employees,” said Sue Cicco, head of HR and employee experience, MassMutual. “We are looking for employees who thrive in a culture based on trust and accountability. Where principles replace rules. Where different backgrounds, experiences and perspectives are valued. And where there is a shared passion for more justice and opportunity for all.”
Recent additions to the MassMutual suite of employee benefits designed to support overall well-being include:
quadrupling nursing time up to eight weeks of paid time off in any rolling 12-month period to assist in the responsible care of a loved one, regardless of how the associate defines a loved one.
A new Feel-good wallet Reimbursing employees up to $1,250 annually for eligible expenses that enhance their holistic well-being. From gym memberships to ski lift tickets and meditation apps to massages and tax prep, the wallet covers a wide range of eligible expenses to support employees’ physical, emotional and financial well-being. This complements other offerings like the company’s student debt/college savings program.
Advanced mental health solutions including almost Access to quality providers in the entire range of care and services for employees and their household members. 100% free. 100% confidential.
Access to a dedicated and diverse team of care coordinators who offer One-to-one, specialized advocacy for health and navigation support specifically tailored to it Employees of Black/African American and LGBTQ+ individuals who are enrolled in a MassMutual health insurance plan.
These changes are the latest additions to MassMutual’s progressive and groundbreaking benefits, designed to adapt to the changing needs of employees and to be extended to their dependents whenever possible.
During the COVID-19 pandemic, the company’s focus shifted to helping employees make a successful transition to remote working at what is perhaps its most dramatic time of mixing work and personal life, resulting in the company’s current hybrid workforce model, which is Personal Flexibility reconciles with inner balance -personal teamwork. Over time, the company has continued to expand its mental health offerings, and recently rebranded days previously known as “occasional sick days” to “care days.” This small but impactful change should signal the flexibility and autonomy employees have to use their free time as they see fit. No questions asked.
“At the core of who we are is a company of people helping people in times of need,” added Cicco. “This includes helping our employees and their families, however you define them, to feel cared for at all stages of life and enabling them to reach their full potential.”
MassMutual is a leading mutual life insurance company managed for the benefit of its members and participating policyholders. Founded in 1851, the company has always been guided by a unified goal: to help people secure their future and protect their loved ones. MassMutual is focused on creating long-term value and offers a wide range of products and services in the areas of hedging, accumulation, wealth management and retirement planning. For more information, visit www.massmutual.com.