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

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How Americold Realty Trust Employees Can Navigate the Shift from Pensions to 401(k) Plans for a Brighter Retirement Future

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Healthcare Provider Update: Healthcare Provider for Americold Realty Trust: Americold Realty Trust does not directly list a specific healthcare provider within the available data. However, it typically offers employee health benefits through common providers affiliated with its health plans. Employees are encouraged to review their benefits package for pertinent details regarding insurance networks and available healthcare providers. Healthcare Cost Increases in 2026: As Americold Realty Trust prepares for 2026, employees should brace for significant increases in healthcare costs. Premiums on Affordable Care Act (ACA) marketplace plans are anticipated to surge, with some states projecting hikes of over 60%. The expiration of enhanced federal subsidies, coupled with rising medical costs and aggressive rate increases from major insurers, may result in employees facing out-of-pocket premiums increasing by over 75%. Understanding these changes will be vital for Americold employees to manage their financial planning effectively in the coming year. Click here to learn more

This is a critical turning point for Americold Realty Trust companies as they seek to include Generation Z in their workforce; these companies must now harness the digital skills and creative ideas of young people if they are to remain competitive,' advises Michael Corgiat, a representative of The Retirement Group at Wealth Enhancement Group.

Brent Wolf of The Retirement Group, a division of Wealth Enhancement Group, points out that as Generation Z continues to become a significant portion of the global workforce, Americold Realty Trust companies must make an effort to eliminate ageism and foster diverse and inclusive environments that embrace multiple points of view, which are necessary for innovation and long-term performance.

1. Age Bias in Recruitment: How this affects both young entrants and experienced professionals, and Americold Realty Trust companies, in terms of age bias in hiring.

2. Generation Z's Workplace Integration: The positive and the negative of integrating Generation Z into the current workforce dynamics, especially considering their digital fluency and social values.

3. Retirement Transition: How to understand and negotiate severance packages for Americold Realty Trust employees as they transition to retirement and how to make this transition smooth.

As Generation Z enters the labor market, Americold Realty Trust faces new challenges and opportunities in the management of intergenerational dynamics in its workforce. A study by ResumeBuilder.com, which was done through a survey of 1,000 hiring managers, shows how age bias affects recruitment, affecting both new graduates and experienced professionals.

The survey shows that 42% of the hiring managers have practices of including age in the hiring process, which is quite frequent across all age ranges. However, forty percent of these managers are negative about the ability of Generation Z applicants, who are 12-27 years old, in the workplace.

There is also a clear opposition to experienced candidates:

33% of the recruiters are uncomfortable with hiring older workers. This bias is often seen in the job histories and educational background checks of the candidates and sometimes, age discrimination may be used to eliminate qualified persons because of their age. Stacie Haller, the chief career consultant at Resume Builder, notes that such biases are inconsistent with the policy that age should not be a factor in employment if the person can do the job.

As for the concerns of Americold Realty Trust about Generation Z candidates, hiring managers have, for instance, raised concerns about the level of experience of Gen Z members, the tendency to job-hop, and honesty issues that may raise questions about their fitness to work. Interestingly, almost half of the survey participants are not sure of the Gen Z employees they have hired, which makes them hesitant to do so.

The pandemic has made it harder for Gen Z to enter the workforce, particularly with the shift to remote work, which has limited them on the ability to gain experience and skills otherwise. However, these should not be seen as the reasons for excluding Gen Z in corporate settings as this goes against the company’s strategy of encouraging innovation and growth.

Bryan Driscoll, a human resources expert, states that excluding Gen Z's generation from the workforce is a great way to kill some of the most promising ideas and talents that could have benefited Americold Realty Trust. Gen Z’s social and environmental concerns and the desire to find meaning at work is a great addition to our corporate culture and innovation strategy. Instead, they have interpreted Gen Z's demand for equal pay and better working conditions as entitlement rather than as a sign of the evolving workforce.

Thus, by preserving age bias in hiring, Americold Realty Trust may be excluding a potential generation and thus putting its competitive position at risk. Leaders must therefore embrace new ways of working to recruit and retain the best talent.

This is because, by 2025, Generation Z is projected to constitute more than 30% of the global workforce. It is crucial to embrace automation and a culture of learning from and implementing new approaches in order to harness the potential of Gen Z. Their critical thinking and the ability to process and analyze information can help Americold Realty Trust companies move forward and innovate.

Therefore, the challenges of ageism in recruitment demonstrate the need to move away from the age-led recruitment policy. Thus, Americold Realty Trust can create a strong workforce by removing the age-related biases and considering the talent that each candidate can offer.

If you are an employee of Americold Realty Trust set to retire, it is crucial to know your severance package. As pointed out by Forbes in 2021, a good severance package can make a big difference in your retirement planning. These packages may include health benefits and outplacement services that are useful in the process of leaving the company. It is crucial to understand and discuss your severance package to guarantee your financial future.

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Entering the job market at the time of retirement is like setting off on a long-awaited voyage. As an experienced captain would thoroughly consult every chart in order to determine whether the ship is fit to set sail, it is imperative that a Americold Realty Trust employee study his or her severance package as if it is the maps and compass of the retirement journey. This all-encompassing package, which offers much more than just financial support, acts as a roadmap to new opportunities and health care services as one moves from the working world to retirement.

Sources:

1. Lazar, Michelle. '12 Expert-Approved Tips for Negotiating Better Salary and Severance Packages.' Outten & Golden, 2023,  www.outtengolden.com . This source offers valuable information on how to effectively negotiate severance packages, especially for people who are close to retirement, to guarantee financial security and maintenance of benefits.

2. Financial Samurai. 'A Severance Package Is The Best Catalyst For Early Retirement.' Financial Samurai, 2025,  www.financialsamurai.com . This article explores how severance packages are a great way to enable people to retire early, and how they can help in the transition to the workforce.

3. Severance Packages: What Employers Need to Know. Thomson Reuters, 30 Jan. 2025, legal.thomsonreuters.com. This resource provides the legal aspects and the different aspects of severance packages and how employers can design correct and appropriate packages to retain retirees.

4. Negotiating Severance Packages: Why It Matters. Harvard Business Review, 2024,  www.hbr.org . This source, from Harvard, offers a detailed analysis of the reasons why severance negotiations are so important for senior employees who are leaving the company and retiring, including the role of severance in ensuring a secure retirement.

5. The Role of Severance Packages in Retirement Planning. Forbes, 2022,  www.forbes.com . Forbes has outlined in detail how severance packages are important in retirement planning and articles include information on the benefits like health care benefits and financial rewards that are useful for the retired.

What type of retirement savings plan does Americold Realty Trust offer to its employees?

Americold Realty Trust offers a 401(k) retirement savings plan to its employees.

Does Americold Realty Trust match employee contributions to the 401(k) plan?

Yes, Americold Realty Trust provides a matching contribution to employee 401(k) plan contributions, subject to certain limits.

What is the eligibility requirement for employees to participate in Americold Realty Trust's 401(k) plan?

Employees of Americold Realty Trust are typically eligible to participate in the 401(k) plan after completing a specified period of service.

Can employees of Americold Realty Trust choose how their 401(k) contributions are invested?

Yes, employees of Americold Realty Trust can choose from a variety of investment options for their 401(k) contributions.

What is the maximum contribution limit for the Americold Realty Trust 401(k) plan?

The maximum contribution limit for the Americold Realty Trust 401(k) plan is subject to IRS limits, which may change annually.

Does Americold Realty Trust allow for catch-up contributions in its 401(k) plan?

Yes, Americold Realty Trust allows employees aged 50 and older to make catch-up contributions to their 401(k) plan.

What happens to my 401(k) balance if I leave Americold Realty Trust?

If you leave Americold Realty Trust, you can choose to roll over your 401(k) balance to another retirement account, cash it out, or leave it in the Americold Realty Trust plan if permitted.

Are loans available against the 401(k) plan at Americold Realty Trust?

Yes, Americold Realty Trust allows eligible employees to take loans against their 401(k) balance under certain conditions.

How often can employees change their contribution amounts to the Americold Realty Trust 401(k) plan?

Employees of Americold Realty Trust can typically change their contribution amounts at any time, subject to plan rules.

Is there a vesting schedule for the employer match in the Americold Realty Trust 401(k) plan?

Yes, Americold Realty Trust has a vesting schedule for the employer match, which means employees must work for a certain period to fully own the matched funds.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
In 2024, Americold Realty Trust announced a restructuring plan that includes a reduction in workforce and changes to its pension plan. The company aims to streamline operations and cut costs amid a challenging economic environment.
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For more information you can reach the plan administrator for Americold Realty Trust at 10 Glenlake Parkway, Suite 800, Atlanta, GA 30328; or by calling them at (770) 418-9288.

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