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In the News

Programs Help Retirees Stay Connected to Companies


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Source: Martha Quetsch, staff writer, The Doings Newspaper, July 15, 2004

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Companies, especially large corporations, give employee benefits. But current staff members aren’t the only ones on the receiving end.

Much like they do health or life insurance, companies offer retiree programs that also serve as a great promotional tool. Companies can keep a list of retirees and send invitations to them by mail to participate with other former employees in bus or theater outings, picnics or even trips to Europe.

“It’s a great way to recruit new employees if family members and friends have a good feeling and experience at a retirement party or other event,” said Renee Mula, communications director at Employee Services Management Association.

The professional nonprofit organization, based in Oak Brook, helps its 2,000 members provide retirees with fellowship and networking opportunities. Offering retiree programs certainly isn’t a new concept, Mula said.

“They evolved probably from a loyalty to employees who have worked for the company a long time,” she said.

ESM recently conducted a survey among its nationwide members about the subject. The survey revealed 46 percent have retiree programs.

‘We knew it was a tried and true service that our members had been offering for years,” Mula said.

For members including Ace Hardware’s corporate headquarters in Oak Brook, ESM provides articles on retiree benefits.

“If they need ideas, we can put them in touch with others who have done the same thing,” Mula said. “We also have a list of suppliers (travel agents and others) who offer discounts.”

Argonne National Laboratory, which employs nearly 3,500 people from area communities, is committed to keeping workers connected with the company. Newsletters help to spread the word about company programs for retirees. The company sends 3,100 newsletters to retirees each month and mails its weekly employee newsletter to former employees who request it.

“We let them know about seminars that different scientific divisions are sponsoring with speakers to talk about the research they are doing,” said Donna Jones Pelkie, Argonne public relations staff member. “We want to keep the retirees involved in the lab with people they know—and to keep them tied in.”

Argonne also has a retiree group, The Pioneers, whose members worked for the company for 30 or more years.

“Employees often have a sense of camaraderie and want to stay in touch with what is going on with the company,” Mula said.

Other companies are realizing that retiree events are a positive addition to the list of employee benefits.

Hinsdale Hospital, which employs 1,900 people, doesn’t have a retiree program in place, but one is in the works, public relations director Mark Paulson said.

“We want to show how much we value employees,” he said.

The program likely will include company-sponsored retirement parties for longtime employees leaving the hospital, he added.

 

 

 
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