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Navigating Retirement Transitions: What Carlisle Employees Should Know About Performance Improvement Plans

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Healthcare Provider Update: Healthcare Provider for Carlisle: Aetna Carlisle's medical plans are administered by Aetna, offering a variety of coverage options to suit the needs of employees and their families. These plans provide comprehensive benefits, including preventive care and prescription drug coverage, with options such as high-deductible plans paired with Health Savings Accounts (HSAs) to help manage costs effectively. Potential Healthcare Cost Increases in 2026: In 2026, healthcare costs are expected to surge significantly due to a combination of factors, including the likely expiration of enhanced federal subsidies and ongoing inflation in medical expenses. Many states face premium hikes soaring upwards of 60%, pushing average out-of-pocket costs for consumers potentially over 75%. With insurers forecasting a medical trend increase of around 7-10%, and the top insurers posting substantial profits, consumers could be left grappling with higher premiums and reduced access to affordable healthcare options. Consequently, strategic planning for medical expenses has never been more critical for individuals and families navigating this challenging landscape. Click here to learn more

The move from a full-time career to retirement is a crucial turning point in today's dynamic industry, especially for individuals nearing the end of their professional careers. This article, which draws on personal experiences as well as more general cultural trends, examines the difficult decision-making process and the realities encountered by people who choose to retire early and how this impacts Carlisle employees.


The story starts with an experienced healthcare communications professional who encountered an unforeseen obstacle after providing excellent service for almost ten years. Despite a history of favorable assessments, they were put on a performance improvement plan (PIP) during their tenth annual work review. A change in management, which happens frequently in many firms and can result in adjustments to people assessment standards, was the catalyst for this particular circumstance.

Implementing a PIP might be a scary idea, particularly for those who are getting close to retirement. It may indicate a misalignment with recently implemented managerial directives or changing work specifications. In this case, the specialist was given a three-month period to show progress under careful monitoring; the procedure entailed thorough discussions about expected performance measures with human resources.

The person started to reevaluate their job path in response to this increased pressure. The decision to leave the organization willingly was motivated by the uncertainties and the stigma associated with being on a PIP at an advanced career stage. This was not an easy decision to make, as it meant abandoning the normal cautious course of action of securing the following steps in advance and leaving without a clear strategy.

For Carlisle employees who are getting close to or past traditional retirement age, the work market presents extra hurdles. Even after going on multiple interviews and going back to work part-time for a former vendor, the individual ran across seemingly insurmountable obstacles, perhaps due to the fact that they were getting close to retirement age. These obstacles are not unique; research suggests that recruiting practices frequently exhibit subtle prejudices against older workers, which makes it particularly challenging for them to change occupations or reenter the workforce.


When thinking about an early retirement from Carlisle, finances come first. Significant ramifications may result from the choice, such as reducing in Social Security benefits owing to fewer accumulation years. The decision to retire can also be greatly influenced by the psychological component of handling family obligations, such as helping aging parents or celebrating significant life events with children.

Retiring from Carlisle presents opportunities as well as problems, especially if it comes sooner than expected. The person in this story made the decision to work as a volunteer and freelance writer, which gave them a sense of community involvement and personal fulfillment. Engaging in such activities is critical for preserving social and mental agility, both of which are necessary for long-term wellbeing.

But there may be disadvantages to retiring early. One risk that can hasten the feeling of obsolescence is severing oneself from professional networks and technology improvements. Relocating from a structured work setting where one's abilities and accomplishments are consistently recognized might have a significant psychological impact.

The individual acknowledged having conflicting thoughts regarding their early retirement after giving it some thought. They were free to pursue new hobbies and family obligations, but there was also a nagging feeling that they had left a rewarding work and the security of steady income behind them too soon.

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The significance of adaptation and strategic preparation in handling career transitions is highlighted by this scenario. It's critical to evaluate the social and psychological effects in addition to the financial ones for Carlisle employees who are getting close to retirement. Retirement should be seen as a possible new beginning as well as an ending, one that presents chances for personal development, discovery, and reinvention. The idea of retirement is changing along with society, from being a final destination to a dynamic stage of life marked by change and exploration.

People who are getting close to retirement must be on the lookout for tax scams, especially those that prey on the elderly. The IRS claims that popular methods include phishing attempts aimed at stealing personal information, phony IRS correspondence, and bogus tax refunds. Given that retirees are frequently viewed as easy targets because of their retirement payouts and assets, it is imperative that staff members of organizations such as Republic Services comprehend and identify the warning indications of these schemes. It is crucial to remain vigilant and aware throughout tax season since the IRS reports a notable surge in fraudulent attempts (IRS, 2023).

Sailing into unknown waters is akin to navigating the shift to retirement. A professional who is getting close to retirement should be on the lookout for unforeseen difficulties like performance assessments that don't match their years of experience or barriers in the job market that arise as they get closer to retirement age, much as an experienced captain needs to be aware of shifting winds and hidden reefs. Furthermore, pensioners and individuals approaching retirement from organizations like Republic Services need to be on the lookout for tax scams that feed on their hard-earned nest eggs, just as a captain needs to protect against pirates trying to exploit defenseless tourists. Having the appropriate information and a well-thought-out plan helps with this transition into a new stage of life.

What is the Carlisle 401(k) Savings Plan?

The Carlisle 401(k) Savings Plan is a retirement savings plan that allows employees to save a portion of their salary on a pre-tax or Roth after-tax basis.

How does Carlisle match contributions to the 401(k) plan?

Carlisle offers a matching contribution to the 401(k) plan, which typically matches a percentage of the employee's contributions, up to a certain limit.

When can I enroll in the Carlisle 401(k) Savings Plan?

Employees can enroll in the Carlisle 401(k) Savings Plan during their initial onboarding period or during the annual open enrollment period.

What are the eligibility requirements for the Carlisle 401(k) Savings Plan?

To be eligible for the Carlisle 401(k) Savings Plan, employees must meet certain criteria, including age and length of service, as specified in the plan documents.

Can I take a loan from my Carlisle 401(k) account?

Yes, Carlisle allows employees to take loans from their 401(k) accounts under certain conditions, as outlined in the plan's loan policy.

What investment options are available in the Carlisle 401(k) Savings Plan?

The Carlisle 401(k) Savings Plan offers a variety of investment options, including mutual funds, target-date funds, and company stock.

How can I change my contribution percentage to the Carlisle 401(k) plan?

Employees can change their contribution percentage to the Carlisle 401(k) plan by accessing the plan's online portal or contacting the HR department.

What happens to my Carlisle 401(k) account if I leave the company?

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

Does Carlisle offer any educational resources for 401(k) participants?

Yes, Carlisle provides educational resources and tools to help employees understand their 401(k) options and make informed investment decisions.

How often can I change my investment allocations in the Carlisle 401(k) plan?

Employees can change their investment allocations in the Carlisle 401(k) plan at any time, subject to the plan's trading policies.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Carlisle Companies offers its employees the Carlisle, LLC Employee Incentive Savings Plan (CEISP), a comprehensive retirement savings plan. The CEISP allows employees to contribute between 1% and 50% of their eligible pay on a pretax, Roth, or after-tax basis, with annual contribution limits of $23,000 for those under 50 and $30,000 for those 50 and older in 2024. Employees are automatically enrolled at a 3% deferral election if they don't opt out. The plan offers immediate 100% vesting on both employee and employer contributions, making all funds fully owned by the participant from the start. Carlisle’s 401(k) plan includes a company match of 100% on the first 3% contributed and 50% on the next 2%, making it a beneficial program for long-term financial planning.
Restructuring Layoffs: Carlisle Companies have been navigating various financial adjustments and structural changes in 2023 and 2024. They have announced strategic acquisitions and share repurchases, alongside continuous dividend increases to stabilize their financial standing and enhance shareholder value.
Carlisle Companies' Stock Options and RSUs 2022 In 2022, Carlisle Companies (NYSE: CSL) issued a broad-based stock option grant to employees, which marked the third such grant in the last 12 years. The goal of these grants was to provide significant incentives for employees to achieve long-term company objectives. The stock options are available to a wide range of employees, promoting a sense of ownership and alignment with the company’s success (source: Carlisle Companies’ 2022 Employee Stock Option Grant Announcement, page 1). 2023 In 2023, Carlisle continued its practice of offering stock options and RSUs to its employees. The RSUs are part of the company’s long-term incentive plan, designed to retain key employees and align their interests with shareholders. RSUs vest over a specified period, typically requiring continued employment with the company (source: Carlisle Companies’ Third Quarter Results Report, page 3). 2024 For 2024, Carlisle has maintained its commitment to employee equity compensation by offering both stock options and RSUs. The latest offerings include performance-based RSUs that vest based on the company achieving specific financial targets. These are available to managerial and executive-level employees, ensuring that key decision-makers have a vested interest in the company’s long-term performance (source: Carlisle Companies’ Fourth Quarter Results Report, page 4).
Carlisle Companies provides a comprehensive and industry-leading health benefits package to its employees, focusing on holistic wellness and financial security. The benefits include medical, dental, and vision coverage, as well as health savings accounts (HSAs) and flexible spending accounts (FSAs) to help manage healthcare costs. Additionally, Carlisle offers wellness programs that promote physical and mental health, including fitness incentives, stress management resources, and preventive care initiatives​ (Carlisle ESG Data Center)​ (Carlisle). In 2023, Carlisle emphasized sustainability in its operations, which includes the health and safety of its employees. The company's initiatives are detailed in their Corporate Sustainability Report, highlighting their commitment to reducing emissions and waste, and improving energy efficiency, which indirectly supports a healthier work environment​ (Carlisle). Key healthcare-related terms and acronyms used by Carlisle include: HSA (Health Savings Account): A tax-advantaged account used to pay for eligible medical expenses. FSA (Flexible Spending Account): Allows employees to set aside pre-tax dollars for healthcare expenses. LEED (Leadership in Energy and Environmental Design): A certification for environmentally friendly buildings, which aligns with Carlisle's focus on creating healthier workspaces​ (Carlisle ESG Data Center)​ (Carlisle). Recent news affecting Carlisle includes their progress towards sustainability goals, such as reducing Scope 1 & 2 emissions by over 21% and Scope 3 emissions by over 12% from their 2021 base year. These efforts reflect Carlisle's broader commitment to employee well-being through a healthier and more sustainable work environment​
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For more information you can reach the plan administrator for Carlisle at 16430 N. Scottsdale Rd. Scottsdale, AZ 85254; or by calling them at +1 480-781-5000.

https://www.carlisle.com/investors/news/press-release-details/2024/Carlisle-Companies-to-Announce-Second-Quarter-2024-Results-on-July-24-2024/default.aspx https://www.carlisle.com/investors/news https://carlislebenefits.com/Money/Retirement-Savings https://careers.carlisleconstructionmaterials.com/benefits/ https://www.kiplinger.com/ https://www.emparion.com/ https://am.gs.com/ https://esgdatacenter.carlisle.com/gri-data-center-detail/default.aspx https://www.carlislebenefits.com/ https://carlsoncap.com/articles/nua-net-unrealized-appreciation/ https://www.fidelity.com/learning-center/personal-finance/retirement/company-stock https://www.newretirement.com/retirement/net-unrealized-appreciation-nua-tax-smart-company-stock-rollover/ https://www.mercer.com/ https://www.milliman.com/ https://www.nextgen-wealth.com/ https://www.livewell.com/ https://www.foxrothschild.com/ https://www.kirkland.com/news/press-release/2024/01/kirkland-advises-carlisle-companies-on-sale-of-carlisle-interconnect-technologies https://www.techopedia.com/tech-layoffs-predictions https://www.fastcompany.com/91140449/here-2024s-growing-list-u-s-layoffs-by-sector https://www.challengergray.com/tags/job-cut-report/ https://intellizence.com/insights/layoff-downsizing/leading-companies-announcing-layoffs-and-hiring-freezes/ https://contracts.justia.com/companies/carlisle-companies-inc-242/contract/780782/

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