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Best Employers for Workers Over 50

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Securian Financial Group

Winner: 2009 Best Employers for Workers Over 50

All employees can take advantage of the company's wellness benefits, including flu shots, health screenings, health-risk appraisals, a smoking-cessation program, fitness facility discounts, exercise programs, a weight-loss program, and stress-management training. Over the past 12 months, 59 percent of all employees took advantage of at least one of the company's wellness benefits or programs.

Securian has two Occupational Health Nurses on staff to assist employees with medical issues. The company also has a separate department in which health-care professionals can deliver minor medical services, such as blood-pressure monitoring, tetanus shots, flu shots, and beds for injured or sick employees. All employees also have access to on-site care for children and grandchildren, to referral services to help find day care for children, grandchildren, and elders, and to backup child care.

Benefits/Alternative-Work Arrangements: Securian employees who work full-time and at least 20 hours per week can opt for compressed work schedules. If they work at least 10 hours per week, employees can telecommute. Full- and part-time employees can participate in job sharing, and all employees have the opportunity to work flex schedules. Full-time employees can move to part-time work on a permanent or temporary basis.

Employees can gradually move into retirement by transferring from full-time to part-time status or by adopting a schedule that is the equivalent of 90 percent of a full-time position. With the 90-percent option, employees can still maintain their full-time status and benefits.

Opportunities for Retirees: Securian currently has 300 retirees and a staff person who is directly responsible for managing retiree relations. The company stays connected to its retirees by communicating with them regularly, inviting them to events, providing them ongoing access to retirement-planning workshops or information, and by formally acknowledging them on the occasion of their retirement.

Securian's "North Star 25 Club" invites retirees and employees who have worked for the organization for 25 years or more to join. Retirees also have volunteer opportunities at the company and eligibility for a matching-gift program.

Securian maintains a roster of retirees who are available for temporary assignments, consulting or contract work, telecommuting, and full- or part-time positions. Securian participates in the National Recruiters Fair, which gives the company access to a pool of mature job candidates.

Age of Workforce: Twenty-three percent of all Securian employees are age 50+, with an average tenure of 17.7 years.

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