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    The O.C. Tanner 2024 Global Culture Report provides insightful data and perspectives on workplace culture and the evolving employee-employer relationship. Here’s GBV’s comprehensive summary focusing on the changes in these areas: Workplace Flexibility Increasing Flexibility and Fairness: The report highlights a trend towards more flexible work environments, emphasizing the need to make this flexibility equitable across different roles​​. Employee Expectations and Benefits of Flexibility: Employees are not necessarily seeking
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    financial stress, workplace productivity, employee wellbeing, financial assistance, mental health, employer support, financial education.
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    Cigna Humana merger, health insurance merger, Cigna and Humana, healthcare industry consolidation, major insurance deals, US health insurance market, Medicare Advantage strategy, Cigna market value, Humana growth strategy, value-based care in healthcare, insurance mergers and acquisitions, antitrust issues in healthcare, Evernorth health services, managed care business trends, healthcare market dynamics, insurance sector transformation, Biden administration healthcare policy, health industry investment trends
    In a significant turn of events, Cigna Group has ceased its efforts to merge with fellow health-insurance provider Humana. Initially poised to form a colossal entity valued at approximately $140 billion, the deal’s dissolution arose primarily due to disagreements over financial terms. Despite prior discussions hinting at a possible closure by year’s end, the proposed cash-and-stock transaction faced skepticism, particularly concerning the use of Cigna’s stock as a part

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    Generation Z Vitality, Mental Health Challenges, Financial Insecurity, Workforce Vitality, Health Benefits Utilization.
    The comprehensive analysis of the “Vitality in America” study, commissioned by The Cigna Group, reveals crucial insights into the state of vitality among Generation Z and other American adults. This study, conducted in June 2023, surveyed 10,000 adults and used the Evernorth Vitality Index (EVI) to measure health and well-being across eight dimensions: emotional, environmental, financial, intellectual, occupational, physical, social, and spiritual. Generation Z’s Vitality Metrics Mental Health Challenges

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    Employee Retirement Benefits, Pension Fund Health, Market-Return Cash Balance Plans, IBM Retirement Plan, Pension Strategy, Employee Benefits, Retirement Fund Management, Corporate Retirement Trends, Financial Planning in Business
    In a landmark move, IBM has redefined its retirement strategy, signaling a potential trend for corporate America. Our analysis reveals IBM’s pivot from traditional pension accruals to a novel approach, blending cash balance benefits with a pay increase and pay credit system. This shift, executed amid a climate of peak pension fund health, showcases IBM’s innovative use of surplus assets for future benefits. The new scheme phases out the

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    Enel, Captive Insurance, Solvency II, Risk Management, Corporate Insurance, Italian Insurance Market, European Insurance Regulation
    In a landmark move for the Italian insurance sector, energy giant Enel has confirmed the establishment of its first onshore captive insurance company, set to commence operations on January 1, 2024. This strategic decision involves merging Enel Insurance NV, currently based in the Netherlands, into this innovative Italian reinsurance captive. This pivotal step reflects a growing confidence among major Italian corporations in the evolving regulatory landscape, particularly with the
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