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Exploring Social Media Trends Among Huntsman Employees: Insights for Baby Boomers

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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 Huntsman, 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. Huntsman 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 Huntsman 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 Huntsman 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 Huntsman, 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.

What is the Huntsman 401(k) Savings Plan?

The Huntsman 401(k) Savings Plan is a retirement savings plan that allows employees of Huntsman to save a portion of their paycheck before taxes are taken out.

How can I enroll in the Huntsman 401(k) Savings Plan?

Employees can enroll in the Huntsman 401(k) Savings Plan by visiting the company's benefits portal and completing the enrollment process online.

What is the employer match for the Huntsman 401(k) Savings Plan?

Huntsman offers a competitive employer match for contributions made to the 401(k) Savings Plan, which helps employees maximize their retirement savings.

At what age can I start contributing to the Huntsman 401(k) Savings Plan?

Employees can start contributing to the Huntsman 401(k) Savings Plan as soon as they are eligible, typically upon their date of hire.

What types of contributions can I make to the Huntsman 401(k) Savings Plan?

Huntsman allows employees to make pre-tax contributions, Roth (after-tax) contributions, and catch-up contributions if they are age 50 or older.

How often can I change my contribution percentage for the Huntsman 401(k) Savings Plan?

Employees can change their contribution percentage for the Huntsman 401(k) Savings Plan at any time, typically through the benefits portal.

Does Huntsman offer investment options within the 401(k) Savings Plan?

Yes, the Huntsman 401(k) Savings Plan offers a variety of investment options, including mutual funds, stocks, and bonds, to help employees grow their savings.

What happens to my Huntsman 401(k) Savings Plan if I leave the company?

If you leave Huntsman, you have several options for your 401(k) Savings Plan, including rolling it over to an IRA or a new employer's plan, or cashing it out.

Can I take a loan against my Huntsman 401(k) Savings Plan?

Yes, Huntsman allows employees to take loans against their 401(k) Savings Plan, subject to certain terms and conditions.

Are there penalties for early withdrawal from the Huntsman 401(k) Savings Plan?

Yes, early withdrawals from the Huntsman 401(k) Savings Plan may incur penalties and taxes unless specific conditions are met.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
“Huntsman Pension Plan.” Years of Service: Employees generally need to have at least 5 years of service to be vested in the plan. Age Qualification: Employees typically need to reach the age of 55 to begin receiving benefits, though specific conditions may apply. Pension Formula: The pension formula often depends on a combination of years of service and final average salary. Specific details are outlined in the plan documents. 401(k) Plan Name: The 401(k) plan is known as the “Huntsman 401(k) Plan.” Eligibility: Employees are eligible to participate in the 401(k) plan once they complete 30 days of service. Plan Features: Includes employer matching contributions up to a certain percentage of employee contributions, and a range of investment options.
Restructuring and Layoffs: In early 2024, Huntsman Corporation announced a restructuring initiative aimed at streamlining operations and improving efficiency. This included layoffs primarily in their manufacturing and administrative divisions. The company cited ongoing economic uncertainty and a need to adapt to shifting market demands as reasons for these changes. Addressing this news is crucial due to the current economic volatility and its impact on employment and corporate strategies. Understanding these shifts can help employees and investors navigate the uncertain landscape and make informed decisions.
Huntsman Corporation offered stock options and RSUs as part of their equity compensation plan. Stock options are typically granted to executives and key employees, while RSUs are often given to senior management and other key contributors.
Healthcare Benefits Overview: Huntsman provides a comprehensive benefits package, including medical, dental, and vision insurance. Their plans include options for preventive care, prescription drug coverage, and access to various healthcare networks. Healthcare Terms and Acronyms: HDHP: High Deductible Health Plan HSA: Health Savings Account FSA: Flexible Spending Account EAP: Employee Assistance Program
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For more information you can reach the plan administrator for Huntsman at , ; or by calling them at .

https://finance.yahoo.com/ https://www.marketwatch.com/ https://www.thelayoff.com/

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