<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=314834185700910&amp;ev=PageView&amp;noscript=1">

New Update: Healthcare Costs Increasing by Over 60% in Some States. Will you be impacted?

Learn More

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

image-table

Healthcare Provider Update: Healthcare Provider for Catalent Catalent, a prominent player in the biopharmaceutical industry, collaborates with various healthcare providers to optimize its services. One of the notable healthcare partners for Catalent is UnitedHealthcare, which often works with organizations like Catalent to ensure streamlined processes in drug delivery and related healthcare services. Potential Healthcare Cost Increases in 2026 In 2026, healthcare costs are expected to rise significantly, primarily driven by looming federal policies and medical inflation. Reports indicate that Affordable Care Act (ACA) premiums may surge due to the potential expiration of enhanced premium subsidies, causing many policyholders to face out-of-pocket increases of over 75%. Insurers are already proposing steep rate hikes, with some states expected to see increases as high as 66%. This combination of factors, including rising healthcare service costs and more aggressive premium strategies from insurers, is set to intensify financial pressures on consumers in the coming year. 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 Catalent 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 Catalent 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 Catalent 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 Catalent 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 Catalent employees seeking to balance online engagement with overall well-being.

Featured Video

Articles you may find interesting:

Loading...


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 Catalent.   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 Catalent 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 Catalent 401(k) Savings Plan?

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

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

Employees can enroll in the Catalent 401(k) Savings Plan by accessing the benefits portal or contacting Human Resources for guidance on the enrollment process.

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

To be eligible for the Catalent 401(k) Savings Plan, employees typically need to be at least 21 years old and have completed a specified period of service with the company.

Does Catalent offer a company match for the 401(k) Savings Plan?

Yes, Catalent offers a company match for contributions made to the 401(k) Savings Plan, which helps employees maximize their retirement savings.

How much can I contribute to the Catalent 401(k) Savings Plan?

Employees can contribute up to the IRS annual limit to the Catalent 401(k) Savings Plan, which may vary each year. It’s important to check the current limits.

When can I start making contributions to the Catalent 401(k) Savings Plan?

Employees can start making contributions to the Catalent 401(k) Savings Plan after they complete the eligibility requirements and enroll in the plan.

Can I change my contribution amount in the Catalent 401(k) Savings Plan?

Yes, employees can change their contribution amount at any time during the year by accessing the benefits portal or contacting Human Resources.

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

The Catalent 401(k) Savings Plan offers a variety of investment options, including mutual funds and target-date funds, allowing employees to choose based on their risk tolerance and retirement goals.

How often can I change my investment allocations in the Catalent 401(k) Savings Plan?

Employees can change their investment allocations in the Catalent 401(k) Savings Plan at any time, subject to the plan's trading restrictions.

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

If you leave Catalent, you have several options for your 401(k) Savings Plan, including rolling it over to another qualified plan, cashing it out, or leaving it in the Catalent plan if permitted.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Catalent's Pension Plan: Catalent offers a comprehensive retirement benefits package designed to support its employees' financial wellness. The primary pension plan provided by Catalent is known as the "Catalent Pension Plan." This plan includes a defined benefit formula based on an employee’s years of service and final average pay. Typically, to qualify for the pension plan, employees must have a minimum of five years of service and be at least 55 years of age. The specific pension formula details and eligibility criteria are laid out in the employee benefits documentation provided internally by Catalent​ (Catalent)​ (Catalent Investor Relations)​ (FiercePharma). Catalent's 401(k) Plan: Catalent also offers a 401(k) plan to its employees, which is referred to as the "Catalent 401(k) Savings Plan." Employees are eligible to participate in the 401(k) plan from their first day of employment. The company provides a generous matching contribution, where Catalent matches 50% of the first 6% of the employee's contributions. This plan is designed to help employees save for retirement with the added benefit of tax deferral on contributions and earnings​
Catalent has been undergoing significant restructuring since 2023, including multiple rounds of layoffs affecting various facilities. In late 2023, the company laid off approximately 300 employees as part of a cost-cutting initiative aimed at consolidating its facilities. This was followed by further layoffs in early 2024, including the reduction of 130 staff members at its Bloomington, Indiana site, which is being sold to Novo Nordisk as part of a broader $16.5 billion acquisition deal expected to close by the end of 2024. The restructuring is driven by reduced demand for COVID-19-related services and a need to increase efficiency and reduce costs across its operations. Importance: Addressing this news is crucial due to the current economic environment, where companies are navigating the aftermath of the pandemic, fluctuating demand, and economic pressures. These changes also reflect broader trends in the biopharma industry, where consolidation and cost-cutting measures are common as companies adjust to new market realities​
Stock Options: Catalent offers stock options to its employees as part of its long-term incentive plan. These options are designed to align the interests of employees with those of shareholders. Employees receive the right to purchase company stock at a predetermined price, known as the exercise price, after a specified vesting period. Restricted Stock Units (RSUs): Catalent also provides RSUs to its employees, which represent a promise to deliver shares of the company's stock in the future. RSUs typically vest over a period of time, encouraging employees to remain with the company. Once vested, the RSUs are converted into shares, which the employee can then sell or hold.
Catalent offers a comprehensive suite of health benefits to its employees, designed to meet diverse needs and foster a healthy lifestyle. Their health insurance plans cover a wide range of medical services, emphasizing both personal and financial wellness. Employees have access to wellness programs, which aim to manage healthcare costs and encourage a healthy lifestyle. These programs include health insurance, wellness incentives, and various support resources to balance work and personal life, such as generous paid time off and flexible work arrangements. In 2022, 2023, and 2024, Catalent continued to enhance its benefits offerings, aligning them with industry standards and employee needs. Recent updates include tuition reimbursement, global scholarship programs for employees' children, and comprehensive retirement plans. The company has also been recognized for its commitment to diversity and inclusion, receiving accolades as a “Best Place to Work for People with Disabilities” for consecutive years. Specific healthcare-related terms and acronyms frequently used by Catalent include "OptiDose® Design Solution," "RP Scherer Softgel Technology," and "OneXpress™ Solution," which refer to their proprietary technologies and approaches in pharmaceutical development and manufacturing. Recent employee healthcare news highlights Catalent's ongoing efforts to support employee well-being. For instance, their 2023 Corporate Responsibility Report details initiatives in employee health and wellness, such as investments in diverse and inclusive workplace practices and contributions to STEM education
New call-to-action

Additional Articles

Check Out Articles for Catalent employees

Loading...

For more information you can reach the plan administrator for Catalent at 14 Schoolhouse Road Somerset, NJ 8873; or by calling them at +1 908-809-1300.

https://www.thelayoff.com/catalent https://www.fiercepharma.com/pharma/catalent-unveils-recent-300-person-layoff-round-it-awaits-165b-novo-buyout https://bloomingtonian.com/2023/05/31/catalent-to-cut-another-150-positions-and-reorganize-in-bloomington-indiana/ https://indianapublicmedia.org/news/catalent-cutting-130-positions-at-bloomington-facility-this-week.php https://investor.catalent.com/financial-news/news-details/2024/Catalent-Inc.-Reports-Third-Quarter-Fiscal-2024-Results/default.aspx https://careers.catalent.com/us/en/benefits https://www.cashbalancedesign.com/resources/contribution-limits/ https://www.emparion.com/cash-balance-pension-plan-faq/ https://www.kiplinger.com/retirement/cash-balance-pension-plan-options https://www.futureplan.com/resources/news-articles/defined-benefit-cash-balance-plan-key-priorities/ https://investor.catalent.com/financial-news/news-details/2023/Catalent-Inc.-Reports-Preliminary-First-Quarter-Fiscal-2024-Results-and-Reaffirms-Full-Year-Fiscal-2024-Guidance/default.aspx https://careers.catalent.com/us/en/benefits https://www.fiercepharma.com/pharma/catalent-unveils-recent-300-person-layoff-round-it-awaits-165b-novo-buyout https://investor.catalent.com/ https://investor.catalent.com/financial-news/news-details/2023/Catalent-Inc.-Reports-Preliminary-Fourth-Quarter-and-Fiscal-2023-Results/default.aspx https://www.catalent.com/catalent-news/catalent-publishes-fourth-annual-corporate-responsibility-report/ https://annualreport.stocklight.com/nyse/ctlt/231007947.pdf https://creativeplanning.com/insights/financial-planning/how-to-use-the-net-unrealized-appreciation-nua-strategy-in-your-401k/ https://carlsoncap.com/articles/nua-net-unrealized-appreciation/ https://www.fidelity.com/learning-center/personal-finance/retirement/company-stock https://turbotax.intuit.com/tax-tips/retirement/net-unrealized-appreciation-nua-tax-treatment-amp-strategies/c71vBJZ2B https://investor.catalent.com/financial-news/news-details/2024/Novo-Holdings-to-Acquire-Catalent/default.aspx https://www.catalent.com/catalent-news/novo-holdings-to-acquire-catalent/ https://www.dcatvci.org/features/manufacturing-fallout-of-novos-16-5-billion-acquisition-of-catalent/ https://www.fiercepharma.com/pharma/catalent-unveils-recent-300-person-layoff-round-it-awaits-165b-novo-buyout https://www.thelayoff.com/t/1kgvERTs https://contracts.justia.com/ https://www.sec.gov/

*Please see disclaimer for more information

Relevant Articles

Check Out Articles for Catalent employees