Healthcare Provider Update: Healthcare Provider for Waste Management Waste Management, Inc., a leading provider of waste collection, disposal, and recycling services in North America, partners with Cigna Healthcare to provide healthcare benefits to its employees. Cigna offers a range of health insurance plans, including medical, dental, and vision coverage, tailored to meet the needs of Waste Management's diverse workforce. Healthcare Cost Increases in 2026 As we approach 2026, Waste Management and its employees may face significant healthcare cost increases due to substantial projected hikes in health insurance premiums. The Affordable Care Act (ACA) marketplace is anticipating an average increase of over 20%, with certain states seeing hikes surpassing 60% as a result of rising medical costs and the potential expiration of enhanced federal premium subsidies. This combination of factors could lead to out-of-pocket premium costs soaring by more than 75% for many employees, placing additional financial strain on both the company and its workforce during the upcoming year. 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 Waste Management, 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. Waste Management 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 Waste Management 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 Waste Management 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 Waste Management, 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 401(k) plan offered by Waste Management?
The 401(k) plan at Waste Management is a retirement savings plan that allows employees to save a portion of their earnings on a tax-deferred basis.
How can I enroll in Waste Management's 401(k) plan?
Employees can enroll in Waste Management's 401(k) plan through the company’s HR portal or by contacting the HR department for assistance.
Does Waste Management provide a company match for the 401(k) contributions?
Yes, Waste Management offers a company match for employee contributions to the 401(k) plan, which helps employees save more for retirement.
What is the maximum contribution limit for Waste Management's 401(k) plan?
The maximum contribution limit for Waste Management's 401(k) plan is in line with IRS regulations, which may change annually. Employees should refer to the latest IRS guidelines for current limits.
Can I change my contribution percentage to Waste Management's 401(k) plan?
Yes, employees can change their contribution percentage to Waste Management's 401(k) plan at any time by accessing their account through the HR portal.
When can I start withdrawing funds from my Waste Management 401(k) plan?
Employees can typically start withdrawing funds from their Waste Management 401(k) plan at age 59½, but specific conditions may apply.
What investment options are available in Waste Management's 401(k) plan?
Waste Management's 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles to suit different risk tolerances.
Is there a vesting schedule for Waste Management's 401(k) company match?
Yes, Waste Management has a vesting schedule for the company match, which means employees must work for a certain period before they fully own the matched contributions.
How can I access my Waste Management 401(k) account?
Employees can access their Waste Management 401(k) account online through the designated retirement plan website or mobile app.
What happens to my Waste Management 401(k) if I leave the company?
If you leave Waste Management, you have several options for your 401(k), including rolling it over to another retirement account, cashing it out, or leaving it in the Waste Management plan if permitted.