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Exploring Social Media Trends Among Element Solutions Employees: Insights for Baby Boomers

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Healthcare Provider Update: Provides medical coverage through Anthem Blue Cross Blue Shield, dental via Cigna, and vision benefits, plus remote work flexibility and 401(k) matching 4. With ACA costs rising, Elements comprehensive benefits and remote-first model offer employees both financial and lifestyle stability. Click here to learn more

A recent study conducted by Security.org unveiled surprising trends regarding social media usage across generations,  with a significant focus on baby boomers. Contrary to popular belief, which often associates social media prowess with younger demographics like millennials, it appears that baby boomers are not only active users but also greatly benefit from their online interactions. This revelation questions the stereotype of social media being predominantly a young person’s arena.


The research led by Corie Colliton reveals an impressive 84% of baby boomers believe that social media positively influences their lives—a stark contrast to the 33%  of millennials who view their online interactions negatively. This difference is especially striking given the high integration of social media in the daily routines of younger generations.

For baby boomers at Element Solutions, this affinity for social media may stem from their unique historical context. Having witnessed the dawn of television, the expansion of cable, and the birth of the internet, they have embraced each new technological wave as a fresh media outlet. This extensive exposure to tech innovations likely contributes to their adaptive and favorable use of social media platforms.


However, the way baby boomers engage with social media differs significantly from younger users. They tend to spend less time online, which might lead to a more satisfying and less overwhelming online experience. Element Solutions employees from this generation typically use social platforms to stay connected with friends and family, enhancing their sense of happiness linked to these interactions.

According to Statista, YouTube tops the charts as the favorite platform among baby boomers, with 70% using it regularly, closely followed by Facebook.  This preference aligns with traditional media consumption patterns that favor content viewing over interactive engagement. Usage rates for other platforms like Pinterest, LinkedIn, and Instagram vary, with Twitter and Snapchat being less popular among this demographic.

When interacting with technology, baby boomers at Element Solutions often utilize a single index finger for typing on smartphones—a method reminiscent of older dialing techniques. This contrasts with the thumb-typing speed common among younger generations.

The study also sheds light on broader cultural attitudes toward social media. Only 26.5% of boomers believe social media should not exist, compared to 44% of millennials. This indicates a generational divide in how social media is perceived within society.

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Interestingly, the study finds that positive sentiments about social media often come from Southern male boomers who are married, hold at least an associate degree, and lean politically to the right. In contrast, millennial women from the Midwest, who are single and lean left politically, generally have a less favorable view of social media.

For Element Solutions employees approaching retirement, the role of social media is increasingly vital.  A 2022 Financial Times survey  highlighted that about 60% of baby boomers now engage with financial content on platforms like Facebook and YouTube. They use these sites not only for personal connections but also to monitor market trends, seek financial advice, and manage their retirement planning.

For baby boomers at Element Solutions, mastering social media is like rediscovering a cherished classic car with modern updates. They appreciate the blend of traditional engagement and new-age digital tools, enjoying the journey much like driving a well-loved, refurbished car on modern roads. This generation values the integration of conventional wisdom with innovative technologies, enhancing their experience as they navigate through the evolving digital landscape.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
For Element Solutions in 2022, 2023, and 2024, the company offers defined contribution (DC) plans such as 401(k), aligning with industry trends to enhance employee participation. Under their plan, employees are generally eligible to participate after reaching the age of 21 and completing at least one year of service, which meets the minimum qualification requirement under ERISA guidelines​ (TR Tax & Accounting). The company has also implemented auto-enrollment features, consistent with the provisions under the SECURE 2.0 Act, which aim to increase participation in retirement plans​ (Kiplinger.com)​ (Groom Law Group). This auto-enrollment strategy was applied to ensure that employees are automatically enrolled in the plan unless they opt out, a trend driven by the SECURE Act amendments
In 2023, Element Solutions Inc. reported a decline in net sales by 8% compared to 2022, reflecting the challenging economic conditions. This decrease impacted their Electronics and Industrial & Specialty segments. To manage these conditions, the company undertook several restructuring efforts, including the syndication of $1.15 billion in new term loans to reduce gross debt. Moreover, they adjusted their pension and post-retirement benefits slightly to maintain financial stability. It is crucial to address this news due to the current economic environment and the potential impacts on employees' financial well-being, especially considering the significant changes in interest rates and global market conditions.
In 2022, Element Solutions offered stock options (SO) and RSUs to eligible employees. These benefits were available as part of the company's equity compensation program, which aimed to align employee interests with company performance.
Identify specific healthcare-related terms and acronyms mentioned in Element Solutions’ benefits documentation. These could include terms like HSA (Health Savings Account), FSA (Flexible Spending Account), PPO (Preferred Provider Organization), etc. Additional Reliable Sources: Check reputable business news websites like Bloomberg, Reuters, or Forbes for recent articles. Look at industry-specific websites or forums where current or former employees might discuss benefits. Review financial and business analysis platforms such as Yahoo Finance or MarketWatch for any reports on employee benefits.
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For more information you can reach the plan administrator for Element Solutions at 1450 Centrepark Blvd, Suite 210 West Palm Beach, FL 33401; or by calling them at (561) 207-9600.

https://ir.elementsolutionsinc.com/Investors/news/news-details/2023/Element-Solutions-Inc-Receives-Sustainability-Recognitions/default.aspx https://www.businesswire.com/news/home/20230725216039/en/Element-Solutions-Inc-Announces-2023-Second-Quarter-Financial-Results/ https://www.yahoo.com/?err=404&err_url=https%3a%2f%2ffinance.yahoo.com%2fnews%2felement-solutions-inc-acquires-q-133000137.html https://www.bing.com/?ref=aka&shorturl=9849950 https://www.kiplinger.com/retirement/cash-balance-pension-plan-options https://www.dol.gov/agencies/ebsa/about-ebsa/our-activities/resource-center/fact-sheets/cash-balance-pension-plans https://www.planperfectretirement.com/extended-deadlines-for-new-pension-profit-sharing-plans/

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