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

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Healthcare Provider Update: Healthcare Provider for Flowserve Flowserve Corporation partners with Anthem Blue Cross Blue Shield to provide healthcare plans and services for its employees. Anthem is noted for its extensive provider network and range of health insurance options, which includes access to various plans tailored to meet the diverse needs of Flowserve's workforce. Potential Healthcare Cost Increases in 2026 As we approach 2026, healthcare costs are poised to escalate significantly, driven by expected record premium hikes in the Affordable Care Act (ACA) marketplace. With premium increases averaging 18% and some states experiencing hikes exceeding 60%, the impact on Flowserve employees could be notable. The expiration of enhanced federal premium subsidies adds to the financial burden, potentially resulting in out-of-pocket premium increases of over 75% for many workers, raising concerns about accessibility and affordability of essential healthcare services as we move into the next 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 Flowserve 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 Flowserve 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 Flowserve 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 Flowserve 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 Flowserve 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 Flowserve.   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 Flowserve 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 type of retirement savings plan does Flowserve offer to its employees?

Flowserve offers a 401(k) retirement savings plan to help employees save for their future.

How can Flowserve employees enroll in the 401(k) plan?

Flowserve employees can enroll in the 401(k) plan through the company’s HR portal or by contacting the HR department for assistance.

Does Flowserve match employee contributions to the 401(k) plan?

Yes, Flowserve offers a matching contribution to the 401(k) plan, which helps employees maximize their retirement savings.

What is the maximum contribution percentage that Flowserve employees can contribute to their 401(k)?

Flowserve employees can contribute up to the IRS limit, which is adjusted annually. Employees should check the latest guidelines for the current limit.

Are there any eligibility requirements for Flowserve employees to participate in the 401(k) plan?

Yes, Flowserve employees must meet certain eligibility requirements, such as a minimum length of service, to participate in the 401(k) plan.

Can Flowserve employees take loans against their 401(k) savings?

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

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

Flowserve offers a variety of investment options in its 401(k) plan, including mutual funds, target-date funds, and other investment vehicles.

How often can Flowserve employees change their 401(k) contribution amounts?

Flowserve employees can change their 401(k) contribution amounts at designated times throughout the year, typically during open enrollment periods.

Is there a vesting schedule for Flowserve's 401(k) matching contributions?

Yes, Flowserve has a vesting schedule for its matching contributions, which determines when employees fully own those contributions.

Can Flowserve employees access their 401(k) funds before retirement?

Flowserve employees may access their 401(k) funds before retirement under certain circumstances, such as hardship withdrawals or loans.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Flowserve Corporation offers a Defined Benefit Pension Plan known as the Flowserve Corporation Pension Plan, which is a traditional pension plan. This plan provides a monthly retirement benefit to participants based on a formula that takes into account years of service and compensation. The normal retirement age is typically the time when these benefits begin, and the plan follows a "cash balance" formula. This means that the benefits are calculated similarly to those in a defined contribution plan, with the accrued benefit expressed in terms like a single sum distribution amount​ (QDRO.com). The Flowserve 401(k) plan is another retirement benefit available to employees. The plan includes matching contributions, with Flowserve matching 75% of the employee's contributions up to 6% of their salary. Employees can contribute both pre-tax and Roth contributions to the 401(k). Catch-up contributions are available for employees over the age of 50. In 2023, the contribution limit for individuals under 50 was $22,500, while those over 50 could contribute an additional $7,500​
Restructuring: In February 2023, Flowserve announced significant management changes as part of its ongoing restructuring efforts. This restructuring is aligned with its strategy to diversify, decarbonize, and digitize operations. The restructuring included executive shifts and operational changes aimed at improving efficiency and meeting the company's long-term sustainability goals. Benefits and 401(k) Changes: Flowserve continues to offer comprehensive benefits, including retirement planning options such as 401(k) plans. While no major changes have been announced for 2024, the company maintains a robust benefits package designed to support its employees' financial well-being.
Flowserve Corporation provides stock options and Restricted Stock Units (RSUs) to its employees as part of its equity compensation program. The specific stock options and RSUs available to Flowserve employees are designed to incentivize long-term commitment and align employee interests with company performance. For stock options, Flowserve typically grants options that allow employees to purchase company stock at a predetermined price, usually set at the market price on the grant date. These options generally vest over several years, meaning employees must remain with the company for a specific period before they can exercise the options. The company uses the acronym "ESOs" (Employee Stock Options) to refer to this program. Regarding RSUs, Flowserve awards these units as a form of deferred compensation. RSUs do not require employees to purchase the stock; instead, the units are converted into actual shares once they vest, which occurs over a set period or upon meeting specific performance targets. These RSUs are often part of a broader performance-based incentive structure, ensuring that employees contribute to the company’s growth and success over the long term. The acronym "RSU" is used for Restricted Stock Units in Flowserve's compensation documents.
Flowserve provides a comprehensive range of health benefits designed to support the physical, mental, and financial well-being of its employees. The health benefits package includes medical, dental, and vision insurance, along with flexible spending accounts (FSA) and health savings accounts (HSA). The company also offers short- and long-term disability coverage, life insurance, and parental leave. Some of the healthcare-related terms associated with Flowserve include FSA, HSA, and AD&D (Accidental Death & Dismemberment) insurance. Benefits may vary depending on location and collective bargaining agreements​
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For more information you can reach the plan administrator for Flowserve at , ; or by calling them at .

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