The coronavirus pandemic gives millions of Americans—especially younger adults, those with children at home, and minorities—an opportunity to reconsider how they manage their finances.
Mental health, modified school schedules, and more leave requests are some of employers’ biggest challenges heading into the Fall.
More than half (55%) of U.S. workers don’t protect their income with disability insurance. Seven out of 10 Baby Boomers also forgo this coverage, despite being more likely to need it. This generation makes up nearly half (47%) of all long term disability claims, according to internal claims data from Unum.
With student loan debt topping more than $1.6 trillion nationwide, Unum found a novel solution to help its employees pay some of those burdensome loans. Announced to employees in 2019, Unum’s Student Debt Relief Program allows the company’s 9,500 U.S. employees to transfer up to 40 hours of carry-over paid time off (PTO) into a payment against student debt.
Unum Group (NYSE: UNM) today reported net income of $265.5 million ($1.30 per diluted common share) for the second quarter of 2020, compared to net income of $281.2 million ($1.33 per diluted common share) for the second quarter of 2019.
Learn more about resources available to today’s workers and HR teams
(CNBC, Apr 3, 2020) Working from home finally goes mainstream as the coronavirus forces millions to telecommute, at least for now.
(HR Executive, Jan 28, 2020) Unum increases the adoption assistance it offers employees in its latest effort to grow and enhance its family-friendly benefit offerings.
(CNBC, Jan 25, 2020) In today’s job market, workers expect far more than health insurance from their employers. For some businesses, that’s been a problem.
(CNBC, Dec 31, 2019) Job seekers are looking for positions with flexibility and generous amounts of time off, according to a recent online poll of more than 1,500 working adults conducted in August by employee benefits provider Unum.
Unum disability benefits helped customer Carl Murphy and his wife stay financially afloat after a back injury sidetracked his career.
When Lori Meyers purchased Unum disability benefits to protect herself from the unexpected, she never dreamed her immune system would be what changed her life forever.
Customer Annette Shively praises the support she's received from Unum during a difficult time.
Facing an uncertain future, Unum customer Desiree Rufer says her disability benefits changed the course of her life.
From courtrooms to the racquetball court, Jineen Pavesi was always on the go.
In her career as court reporter, Jineen bustled around the streets of Manhattan collecting testimonies from defendants, plaintiffs and expert witnesses.
Our June survey reveals the major changes employers are making in paid leave, benefits planning, enrollment and the workplace, amid the ongoing coronavirus pandemic.
Find tips, strategies and resources for living a healthy, balanced life on our workplace wellbeing blog.
