Healthcare Provider Update: Vulcan Materials Company utilizes the services of various healthcare providers, primarily focusing on employer-sponsored health plans to offer coverage to its employees. This means that healthcare costs for these employees are directly influenced by the company's insurance choices and market conditions. As we approach 2026, healthcare costs are predicted to see significant escalations-especially for those covered under plans tied to the Affordable Care Act (ACA). Record premium increases, with 2026 projected hikes exceeding 60% in certain states, are anticipated due to a combination of factors including skyrocketing medical expenses and the likely expiration of enhanced federal subsidies. Vulcan Materials employees, along with many others, may face a drastic increase in out-of-pocket costs, with estimates suggesting a rise of up to 75% for those reliant on ACA marketplace insurance. This forthcoming burden highlights the need for careful evaluation of health benefits and proactive financial planning as 2026 approaches. Click here to learn more
'Vulcan Materials employees should view rehiring opportunities not just as a return to familiar ground, but as a strategic career move to leverage experience and negotiate improved terms, especially in today's fluid labor market,' — Paul Bergeron, a representative of The Retirement Group, a division of Wealth Enhancement Group.
'Vulcan Materials employees navigating rehiring offers should carefully assess their financial goals and career growth opportunities before returning, turning workforce shifts into a strategic advantage,' — Tyson Mavar, a representative of The Retirement Group, a division of Wealth Enhancement Group.
In this article, we will discuss:
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Evaluating whether to return to a former employer after a layoff.
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How companies like Vulcan Materials are using technology to streamline rehiring.
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The strategic advantages for both employees and employers in the rehire process.
Many Vulcan Materials employees, along with others in the energy sector, have experienced the flux of being laid off and then rehired, reflecting the unpredictable waves of the labor market. Notably, even industry giants like Vulcan Materials have been part of this trend, recalling employees to navigate through the changing economic landscapes and operational needs.
The decision to return isn't merely about accepting a job offer; it involves a thorough assessment of one’s financial status and other available job prospects. Career adviser Debra Wheatman recommends that individuals evaluate their current financial health and job market opportunities to make a well-informed decision.
Gaining a bit of leverage is often a part of this process. As Wheatman points out, returning employees might have the opportunity to negotiate better terms than before, potentially leading to improved roles, higher compensation, or more stable job conditions at Vulcan Materials.
However, individual stories reveal diverse experiences. For example, after a brief layoff from a marketing agency, Jessica Swenson chose to return as a contractor, finding that the flexibility better suited her career aspirations, emphasizing the growing importance of adaptability in professional settings.
Conversely, Kristie Jones, who dealt with an impersonal layoff process, opted not to return to her previous employer, moving instead into consultancy. This shift underscores a common path for many who seek independence after corporate disenchantments.
Vulcan Materials is leveraging advanced technologies like artificial intelligence through platforms like Visier, which meticulously track employment records to streamline the rehiring process. This methodical approach aids in aligning qualified candidates with suitable positions efficiently, utilizing detailed data analysis [source needed].
Moreover, the corporate recognition of rehiring's advantages, such as reduced onboarding time and familiarity with company culture, is increasing. Reemployed individuals often adapt more quickly and cost-effectively, providing a quicker return on investment for the company.
The manner in which layoffs are executed is crucial, as it affects the likelihood of rehiring. Fostering a respectful layoff process helps preserve professional relationships and keeps a pool of potential candidates ready for when market conditions favor reemployment.
Matt Massucci, CEO of Hirewell, notes that the reasons behind a separation—be it performance issues, strategic shifts, or economic factors—greatly influence rehire possibilities. Both Vulcan Materials and its workforce must navigate these complexities with a clear understanding of each other's perspectives.
Ultimately, the decision to return to Vulcan Materials should come after thoughtful consideration of the pros and cons, influenced by the initial separation's circumstances. As the labor market evolves, such decisions are increasingly viewed as strategic career moves rather than mere opportunities.
The concept of 'unretirement' is becoming prevalent, especially among older workers nearing retirement age. A significant portion of retirees reenters the workforce, driven by the need for engagement or financial necessities. Companies, including Vulcan Materials, appreciate the unique perspectives and reliability that seasoned professionals bring during turbulent economic periods.
Explore how to handle rehire proposals and draw on your experience when considering a return to Vulcan Materials after a layoff. Learn from others who have navigated this path successfully and understand how your familiarity with the company can reduce onboarding challenges and facilitate a smoother reintegration.
Reflecting on the labor market's fluid nature, consider the analogy of ocean tides. Just as tides ebb and flow, Vulcan Materials might reduce its workforce during downturns but also reengage skilled professionals when conditions improve. For those seasoned in navigating these shifts, it presents an opportunity to reassess and potentially return to a familiar environment, equipped with experience and strategic foresight.
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- Medicare Open Enrollment for Corporate Employees: Cost Changes in 2024!
- Stages of Retirement for Corporate Employees
- 7 Things to Consider Before Leaving Your Company
- How Are Workers Impacted by Inflation & Rising Interest Rates?
- Lump-Sum vs Annuity and Rising Interest Rates
- Internal Revenue Code Section 409A (Governing Nonqualified Deferred Compensation Plans)
- Corporate Employees: Do NOT Believe These 6 Retirement Myths!
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Source:
1. Weber, Lauren. 'The Company That Laid You Off Wants You Back. What Do You Say?' The Wall Street Journal , 24 Apr. 2025, www.wsj.com/articles/company-layoffs-rehiring-employees-2025 .
2. Cadmus, Jay. 'I Was Laid Off at 55 and Took 6 Months to Find a Job.' Business Insider , June 2024, www.businessinsider.com/laid-off-older-workers-rehire-job-hunt-2024-6 .
3. Schooley, Skye. 'Best Layoff Practices: Can You Lay Off and Hire at the Same Time?' Business News Daily , 23 Oct. 2023, www.businessnewsdaily.com/15785-layoff-rehire-best-practices.html .
4. Cook, Ian. 'Hiring After Layoffs: What Employers Need To Know.' Visier , 19 Sept. 2023, www.visier.com/blog/hiring-after-layoffs/ .
5. Fischman, Wendy. 'Rehiring Furloughed and Laid-Off Workers Post-Pandemic.' Potomac Law Group , 13 May 2020, www.potomaclaw.com/news-rehiring-furloughed-laid-off-workers .
What type of retirement plan does Vulcan Materials offer to its employees?
Vulcan Materials offers a 401(k) Savings Plan to help employees save for retirement.
Does Vulcan Materials provide a company match for contributions made to the 401(k) plan?
Yes, Vulcan Materials provides a company match for employee contributions to the 401(k) plan, subject to specific terms.
What is the minimum age requirement to participate in Vulcan Materials' 401(k) Savings Plan?
Employees must be at least 21 years old to participate in Vulcan Materials' 401(k) Savings Plan.
How can employees enroll in the 401(k) Savings Plan at Vulcan Materials?
Employees can enroll in the 401(k) Savings Plan at Vulcan Materials through the company’s benefits portal or by contacting the HR department.
What are the contribution limits for the Vulcan Materials 401(k) plan?
Contribution limits for the Vulcan Materials 401(k) plan align with IRS regulations, which may change annually.
Can employees of Vulcan Materials take loans against their 401(k) savings?
Yes, Vulcan Materials allows employees to take loans against their 401(k) savings, subject to the plan's terms and conditions.
What investment options are available in Vulcan Materials' 401(k) Savings Plan?
Vulcan Materials offers a variety of investment options within the 401(k) Savings Plan, including mutual funds and target-date funds.
Is there a vesting schedule for the company match in Vulcan Materials' 401(k) plan?
Yes, Vulcan Materials has a vesting schedule for the company match, which outlines when employees fully own the matched contributions.
How often can employees change their contribution amounts to the Vulcan Materials 401(k) plan?
Employees can change their contribution amounts to the Vulcan Materials 401(k) plan at any time, subject to specific deadlines.
What happens to my 401(k) savings if I leave Vulcan Materials?
If you leave Vulcan Materials, you have several options for your 401(k) savings, including rolling it over to another retirement account or cashing it out.