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Ares Management Employees: How Social Media May Be Shaping Your Daily Life and Well-being

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Healthcare Provider Update: Provides medical, dental, and vision insurance, along with mental health benefits and flexible work arrangements 11. With ACA premiums projected to rise 18% or more 2, Aress benefits may help employees avoid marketplace instability and maintain comprehensive coverage Click here to learn more

Social media platforms like Facebook, Instagram, Snapchat, YouTube, and Twitter have become integral to our digital existence, influencing daily routines and shaping interactions across the globe. For Ares Management employees, understanding the benefits and pitfalls of these platforms is crucial, especially as they navigate the complexities of balancing work, personal life, and online presence.


Recent studies suggest that social media can intensify issues such as body image concerns, bullying, and FOMO (Fear of Missing Out), which in turn may lead to increased anxiety and depression. This is particularly pertinent when considering a diverse workforce, where life satisfaction and social media's impact might vary significantly among individuals.

While a comprehensive survey involving over 2,700 Americans indicated that 70.4% felt social media boosted their happiness, the experiences varied widely.  Employees at Ares Management might find these insights reflective of their own diverse experiences with social media, regardless of gender or political affiliation. Notably, age and marital status appeared to significantly influence perceptions, with relationship-bound individuals and millennials often reporting a negative impact on their life quality. This trend raises concerns, given the high incidence of mental health issues among young social media users.

Interestingly, the survey highlighted that people from the South and baby boomers tend to view social media more positively. This could resonate with Ares Management employees in these demographics who might see digital platforms as beneficial for maintaining connections and enhancing life satisfaction.


Usage patterns also vary by demographic, with women more likely to engage on Facebook, Instagram, and Pinterest, and younger individuals dominating platform activity. For Ares Management staff, understanding these trends can aid in tailoring their social media engagement to suit personal and professional needs, potentially enhancing both cognitive function and social interactions.

Despite the divided opinions, a significant portion of the population, including many who view social media negatively, would not prefer a world without it. This paradox underscores the complex relationship many have with digital platforms, appreciating their benefits while acknowledging the challenges they bring.

Regional differences in perception also emerge, with Southerners generally associating social media with higher life satisfaction, contrasting with more negative views from the Midwest. For geographically diverse employees, these findings might underscore the influence of regional culture and social norms on social media perceptions.

Overall, the dual nature of social media mirrors broader cultural trends. While it can source stress and anxiety due to unrealistic portrayals and societal pressures, it also offers significant opportunities for building connections and community support—key considerations for Ares Management employees seeking to balance online engagement with overall well-being.

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The findings, drawn from self-reported data by a diverse group of Americans, highlight the need to consider potential biases while assessing how digital habits impact various demographics within Ares Management.   Additionally, a 2022 University of California, San Francisco study suggests that older adults can derive cognitive benefits from regular social media use, improving memory and problem-solving skills, thus highlighting the potential for positive engagement in later stages of life.

For Ares Management employees, understanding the multifaceted impacts of social media is akin to navigating a vast retirement community—where the platforms offer spaces for interaction and engagement but also present challenges that require careful management to ensure a beneficial and fulfilling experience.

What is the purpose of Ares Management's 401(k) plan?

The purpose of Ares Management's 401(k) plan is to help employees save for retirement by providing a tax-advantaged way to contribute a portion of their salary.

What types of contributions can employees make to Ares Management's 401(k) plan?

Employees can make pre-tax contributions, Roth (after-tax) contributions, and, if eligible, catch-up contributions to Ares Management's 401(k) plan.

Does Ares Management offer a company match for 401(k) contributions?

Yes, Ares Management offers a company match for employee contributions to the 401(k) plan, subject to specific terms and conditions.

How often can employees change their contribution amounts to Ares Management's 401(k) plan?

Employees can change their contribution amounts to Ares Management's 401(k) plan at any time, subject to plan rules.

What investment options are available in Ares Management's 401(k) plan?

Ares Management's 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and other investment vehicles.

Is there a vesting schedule for the company match in Ares Management's 401(k) plan?

Yes, Ares Management has a vesting schedule for the company match, which determines when employees fully own the matched contributions.

What is the maximum contribution limit for Ares Management's 401(k) plan?

The maximum contribution limit for Ares Management's 401(k) plan is set by the IRS and may change annually; employees should check the current limit for the year.

Can employees take loans against their 401(k) balance at Ares Management?

Yes, Ares Management allows employees to take loans against their 401(k) balance, subject to specific terms and conditions outlined in the plan.

What happens to an employee's 401(k) balance if they leave Ares Management?

If an employee leaves Ares Management, they can choose to roll over their 401(k) balance to another retirement account, leave it in the plan, or withdraw it, subject to tax implications.

How can employees access their 401(k) account information at Ares Management?

Employees can access their 401(k) account information through the Ares Management benefits portal or by contacting the plan administrator.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Ares Management has recently announced a restructuring plan aimed at streamlining operations and reducing overhead costs. This restructuring includes potential layoffs and changes to employee benefits as part of a broader effort to improve operational efficiency. It is crucial to address this news due to the current economic environment, where companies are making significant adjustments to adapt to shifting market conditions and regulatory changes. The investment climate is uncertain, and understanding these changes is vital for navigating financial planning and tax implications. Additionally, political decisions on economic policies may influence how these restructuring measures impact employees' retirement plans and benefits.
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For more information you can reach the plan administrator for Ares Management at 2000 Avenue of the Stars Los Angeles, CA 90067; or by calling them at (310) 201-4100.

*Please see disclaimer for more information

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