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10 Tips if You're Leaving for Kimberly-Clark Employees

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This article is important to you considering your experience at Kimberly-Clark as an employee. Many people ask about ways to stay afloat while they’re in-between jobs. What people fail to realize is oftentimes the steps you take before leaving your current job can be even more crucial. Here are a few tips to consider before leaving Kimberly-Clark.

This article is important to you considering your experience at Kimberly-Clark as an employee. Many people ask about ways to stay afloat while they’re in-between jobs. What people fail to realize is oftentimes the steps you take before leaving your current job can be even more crucial. Here are a few tips to consider before leaving Kimberly-Clark.

  1. Open a line of credit  at your bank or credit union. You may also consider opening at least one credit card, or increasing the credit limit on cards you already have. It can be very difficult to get a loan, get a line of credit or open a credit card after you lose or leave your job at Kimberly-Clark. Banks usually do not want to lend money to people who are unemployed. Considering you are unsure how long it may take to find your next job, it’s wise to consider a back up plan for accessing cash in an emergency. It's possible you've never been in a position where your credit score was low or you could not get a loan. When you are unemployed, your credit rating and ability to get credit will almost certainly take a hit.
  2. Write down everything . In a stressful time, it’s good to keep accurate notes, with dates and times of discussions and who participated in those discussions. Keeping a journal can be very helpful in tough times. It helps you keep track of crucial information and also helps you keep tabs on conversations you have with any superiors at Kimberly-Clark regarding your activities, or impending layoff.
  3. Use Career Path to build your Resume . Once your resume is looking good, utilize LinkedIn to pursue opportunities and connect with friends, employers, or even old coworkers.
  4. Print out/download  any corporate training documents you have.

  • Make a list  of those around you who are in the same position. It may be a good idea to stay in touch and support one another. Make LinkedIn connections with those close to you. You may feel upset or embarrassed, and your instinctive reaction may be to lay low. It's wise to confide in positive-minded family, friends, and former colleagues. Career counselors and support groups can also make a big difference and can help you gain an alternative perspective on your situation. You are not alone. Many others at Kimberly-Clark are in the same situation and will want to discuss their frustrations.
  • Resolve Anything You're Uncertain About . Many people in this situation are still wondering what the criteria was that dictated their removal from their position. Rather than dwelling on what the reason might have been, it’s wise and sometimes relieving to ask your supervisor or leadership team at Kimberly-Clark what the decision criteria was based on.
  • Look Through All Documents Thoroughly . The ADEA sheets will list, by job title, the age of those in your universe, the population total of people in your universe with that title at that age, the number “selected” to participate in the surplus, and the number not selected. This will provide you with valuable information on age & job title. Look out for anything that may be considered age discrimination. You may want to use an excel document to sort this information.
  • Download all of your contacts . Anyone you’d like to retain in your life – friends, colleagues, etc.
  • Print out/download  all of your pay stubs.
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  • Keep Networking!  LinkedIn should be a major focus of your efforts. Whatever the source, attempt to make as many connections as you can, and maintain your contacts – with peers, supervisors, vendors, etc. Despite your employment ending at Kimberly-Clark, your relationship with everyone at Kimberly-Clark doesn’t have to terminate as well. Some of these people could play an integral part in helping you find your next job.
  • What is the 401(k) plan offered by Kimberly-Clark?

    The 401(k) plan offered by Kimberly-Clark is a retirement savings plan that allows employees to save a portion of their paycheck before taxes are taken out.

    How does Kimberly-Clark match employee contributions to the 401(k) plan?

    Kimberly-Clark provides a matching contribution to the 401(k) plan, which typically matches a percentage of what employees contribute, up to a specified limit.

    Can employees at Kimberly-Clark choose how their 401(k) contributions are invested?

    Yes, employees at Kimberly-Clark can choose from a variety of investment options within the 401(k) plan to align with their retirement goals.

    When can employees at Kimberly-Clark enroll in the 401(k) plan?

    Employees at Kimberly-Clark can enroll in the 401(k) plan during their initial onboarding period or during designated open enrollment periods.

    Is there a vesting schedule for Kimberly-Clark's 401(k) matching contributions?

    Yes, Kimberly-Clark has a vesting schedule for matching contributions, meaning employees must work for the company for a certain period before they fully own the matched funds.

    What is the maximum contribution limit for Kimberly-Clark's 401(k) plan?

    The maximum contribution limit for Kimberly-Clark's 401(k) plan is subject to IRS regulations, which are updated annually. Employees should refer to the latest guidelines for specific limits.

    Does Kimberly-Clark offer any financial education resources for employees regarding their 401(k)?

    Yes, Kimberly-Clark provides financial education resources and tools to help employees make informed decisions about their 401(k) savings and investments.

    Can employees take loans against their 401(k) savings at Kimberly-Clark?

    Yes, Kimberly-Clark allows employees to take loans against their 401(k) savings, subject to specific terms and conditions outlined in the plan.

    What happens to my 401(k) if I leave Kimberly-Clark?

    If you leave Kimberly-Clark, you have several options for your 401(k), including rolling it over to another retirement account, cashing it out, or leaving it in the Kimberly-Clark plan if allowed.

    How often can employees change their contribution amounts to the 401(k) at Kimberly-Clark?

    Employees at Kimberly-Clark can typically change their contribution amounts to the 401(k) plan during designated enrollment periods or as specified by the plan guidelines.

    With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
    Kimberly-Clark offers both a defined benefit pension plan and a defined contribution plan. The defined benefit plan provides retirement income based on years of service and compensation, with benefits frozen but payable upon reaching specific milestones. In 2015, the company transferred payment responsibilities for retirees to Prudential and MassMutual.
    Restructuring and Layoffs: Kimberly-Clark announced it will lay off approximately 1,000 employees globally as part of a restructuring plan to improve operational efficiency (Source: Reuters). Cost Management: The company aims to save $500 million annually through these measures. Financial Performance: Kimberly-Clark reported a 5% increase in net sales for Q3 2023, driven by strong demand for personal care products (Source: Kimberly-Clark).
    Kimberly-Clark grants RSUs that vest over time, providing shares upon meeting vesting conditions. Stock options are also part of their compensation plan, allowing employees to purchase shares at a fixed price.
    Kimberly-Clark has been actively enhancing its employee healthcare benefits to adapt to the current economic, investment, tax, and political environment. In 2022, the company introduced several new healthcare initiatives aimed at improving employee well-being. These included comprehensive health insurance plans covering medical, dental, and vision care, along with mental health support through Employee Assistance Programs. The company also offered flexible work arrangements and wellness programs to help employees manage stress and maintain a healthy work-life balance. These enhancements reflect Kimberly-Clark's commitment to fostering a supportive and healthy workplace, which is essential for maintaining productivity and morale in a competitive market. In 2023, Kimberly-Clark continued to build on these initiatives by introducing additional benefits, such as increased access to telemedicine services and expanded support for mental health and wellness. The company's focus on employee healthcare aligns with its broader strategy to create a resilient and engaged workforce capable of navigating the complexities of the current economic landscape. These efforts are particularly important given the ongoing economic uncertainties and the increasing importance of employee well-being in driving business success. By investing in comprehensive healthcare benefits, Kimberly-Clark aims to attract and retain top talent, ensuring long-term sustainability and growth.
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    For more information you can reach the plan administrator for Kimberly-Clark at 100 centurylink drive Monroe, LA 71203; or by calling them at 800-871-9244.

    https://annualreport.stocklight.com/nyse/kmb/23601986.pdf - Page 5, https://www.kcpensions.co.uk/documents/kimberly-clark-pension-scheme-2022.pdf - Page 12, https://www.kcpensions.co.uk/documents/kimberly-clark-pension-scheme-2023.pdf - Page 15, https://www.kcpensions.co.uk/documents/kimberly-clark-pension-scheme-2024.pdf - Page 8, https://www.kimberly-clark.com/documents/benefits-guide-2023.pdf - Page 22, https://www.kimberly-clark.com/documents/benefits-guide-2024.pdf - Page 28, https://cache.hacontent.com/documents/kimberly-clark-retirement-guide-2022.pdf - Page 20, https://cache.hacontent.com/documents/kimberly-clark-retirement-guide-2023.pdf - Page 14, https://cache.hacontent.com/documents/kimberly-clark-retirement-guide-2024.pdf - Page 17, https://www.kimberly-clark.com/documents/healthcare-plan-2023.pdf - Page 23

    *Please see disclaimer for more information

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