Extreme temperatures, from wintry winds to summer heat waves, can make us more mindful of the importance of an energy-efficient home. But no matter the season or which climate you live in, taking a few key steps can make a significant difference on your energy bills and improve the comfort of your home.
That’s because making your home more energy efficient can do more than help control temperatures. Mold, excessive dust, ice dams, moisture on windows, sinus problems and inordinate noise can also be potentially addressed by making home improvements.
Rather than one-off solutions, such as adding insulation or replacing dated appliances with more energy efficient ones, ENERGY STAR® recommends a more holistic approach. Their Home Performance survey, conducted by a qualified contractor, can help homeowners identify specific problems. For example, ice-cold kitchen floors, a second-floor bedroom that’s too hot in the summer or high energy bills, might be signs of larger issues.
According to ENERGY STAR, here are some improvements that homeowners typically make after an audit of their home:
After a home contractor inspects your home, you should receive a detailed work proposal following the evaluation. The contractor may have other recommendations, such as installing solar panels or a solar hot water system. Homeowners can expect to save 20 percent or more on the annual utility bill, depending on the type of improvements. For more details and to find a participating contractor, visit www.energystar.gov.
Learn more about Travelers homeowners insurance products, or if you’re ready to take the next step, click here to get a quote or find an agent.
Want to stay up to date? Have stories sent directly to your email inbox.
Company Release – 2/25/2019 2:41 PM ET
HARTFORD, Conn.–(BUSINESS WIRE)– The Travelers Companies, Inc. (NYSE: TRV) has announced an innovative new benefit for its employees that takes the tough choice out of paying down student debt or saving for retirement.
With The Travelers Paying It Forward Savings Program, payments by eligible U.S. employees toward their student loans will qualify for the company’s 401(k) Plan “matching” program.
The new program will help tackle two of the biggest financial challenges Americans face today: getting out from under the burden of student loan debt and building healthy savings for retirement.
“We have the most talented workforce in our industry and benefit immeasurably from the education and expertise they bring to their work,” said Alan Schnitzer, Chairman and Chief Executive Officer of Travelers. “Yet many of our colleagues all too often struggle to save for retirement because student loans weigh so heavily on their finances. Investing in their education shouldn’t stop our employees from investing in their future. We are promoting a standard of employee care that enables them to do both.”
According to the Federal Reserve, student loan debt in the United States reached more than $1.5 trillion at the end of 2018. Starting to save early is key to a healthy retirement fund, yet the Fed’s latest Report on the Economic Well-Being of U.S. Households noted that 41 percent of 18- to 29-year-olds said they had no retirement savings. The report also highlighted that 42 percent of those who attended college, representing 30 percent of all adults, have incurred at least some debt for their education.
As part of its leading benefits package, Travelers currently has a “matching” program for employee contributions to 401(k) accounts. Beginning in January 2020, when The Travelers Paying It Forward Savings Program takes effect, student loan payments will also be taken into account when determining the company’s 401(k) contribution.
Employees, including those who are not in a position to contribute at all to their 401(k) accounts because of student loans, who participate in the new program could accumulate tens of thousands of dollars in their 401(k) accounts over a decade, which could be worth hundreds of thousands of dollars at retirement. That demonstrates the importance of starting to save for retirement early in order to realize the benefit of compounding returns over time.
Travelers hires thousands of employees each year under the age of 35, most of whom have college degrees and many of whom have advanced degrees.
“This program is truly life changing for those of us who are chipping away at our debt and still trying to build for our futures,” said Sasha Kashalapov, a user experience designer who joined Travelers in 2018 with a degree in visual communication design. “It speaks volumes about how a company that cares about its employees invests in their personal well-being and success.”
Blake Perry, a claim manager at Travelers, said, “In a long list of initiatives I’ve seen Travelers implement to support and invest in employees during my nine years with the organization, I believe this is among the most impactful of them all. I look forward to participating fully!” Blake joined Travelers in 2010 and has a degree in political science as well as an advanced degree in law.
About Travelers
The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has approximately 30,000 employees and generated revenues of approximately $30 billion in 2018. For more information, visit www.travelers.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190225005944/en/
Media:
Matt Bordonaro, 860-277-7014
mbordona@travelers.com
Source: The Travelers Companies, Inc.
Want to stay up to date? Have stories sent directly to your email inbox.
An in-person interview can be a critical step in the hiring process and can help a recruiter or hiring manager determine whether a job candidate fits the organizational safety culture and core safety values of your company. Studies have shown that behavioral interviewing1 can be an effective interviewing technique and can help the interviewer understand more about how a candidate might act when faced with a workplace concern or safety issue.
The premise behind behavioral interviewing is that a person’s past behavior can more accurately predict future performance in similar situations. By asking a job candidate how they performed in specific real-life settings, you’ll gain a better idea of how that person may behave if they work at your company. By considering a candidate’s propensity to adopt safe workplace practices, business owners can gain insight into how they will embrace the company’s safety culture.
Sources:
1 Predictive Validity of a Behavioral Interview Technique; Oliphant, Hansen and Oliphant; Marketing Management Journal, Fall 2008.
Want to stay up to date? Have stories sent directly to your email inbox.
Career fairs can be somewhat overwhelming. From ensuring that your resume is up-to-date to perfecting your elevator pitch, there are many details to consider. However, jobseekers must remember, employers are also there to promote their best selves. The pressure is certainly not one-sided. When it comes to preparing, members of our University Relations recruitment team – Janixia Reyes, Alicia Hitchcock, and Jamie Roshka – shared three essential tips to consider:
Traditionally, career fairs will publish a list of employers attending the event in advance. Utilize this information to select and prioritize the companies you wish to connect with. Research those companies online, utilizing their company and career websites and social media channels. Collect general information about the company, their core values and mission statement as well as recent news about the company and any available job openings.
“Having conducted research before speaking to representatives from a company will make you stand out as someone who has taken the time to learn more,” said Reyes, “It will also help you curate your questions to maximize the time you have with the representatives behind the table.”
You won’t get much time with one person or company, so it is important to make a good impression quickly. Have your pitch ready to summarize your skills and experience in a concise and memorable manner.
“Think of this as a personal commercial,” said Hitchcock, “Your pitch should grab the employer’s attention, keep it, and give them cause to recall it later.”
Take the time to thoughtfully craft your pitch and practice it for length and efficiency. Having it committed to memory will bring confidence and enthusiasm to your delivery.
Hitchcock added, “Be sure that your pitch is genuine and rehearsed so that you can speak calmly and effectively about the subject you know best – you.”
“Effectively communicating your objectives gives the recruiter insight into whether you’d be a fit for their organization,” said Roshka, “It also helps them assess what role or job would work best for you.”
If you aren’t sure what your specific career goals are yet, focus on your skill set and apply it to the company you are speaking with.
“If you don’t know yet what you want to do that’s okay, too! As a recruiter it’s helpful to know if a candidate has a definitive long-term plan or if there are other opportunities we can introduce that you may not have been aware of,” added Roshka.
No matter your major, no matter the industry you’re most interested in pursuing, your ability to vocalize the correlation between your skills and the scope of an opportunity is critical. That includes highlighting details that are specific to each of the employers you connect with during the fair and beyond.
Want to stay up to date? Have stories sent directly to your email inbox.
“It’s a wonderful opportunity to make a real difference in a young woman’s life,” reflects Lorie Darrow, Business Insurance and Women in Actuarial and Analytics (WIAA) member. Through WIAA and the Travelers Women’s Diversity Network, Lorie and about a dozen other members from the two groups mentor students at Grace Academy, an independent and tuition-free middle school for girls from underserved families in Hartford, Connecticut.
Each week, they spend their lunch hour with the seventh- and eighth-graders, providing social and emotional support. They also help them prepare for high school, college and professional life by sharing personal experiences and engaging in activities. Over the last three years, Lorie has worked with some of the same students this school year as the mentoring commitment continues throughout the duration of the students’ time at Grace Academy.
“I am very proud to be a part of Travelers and our hands-on community outreach that fosters education and strengthens our commitment to diversity,” added Elena Antonetti, Legal Services, and Women’s Diversity Network member. “Programs like this are invaluable in helping students to think about their future. They also give us a chance to introduce more women to careers in insurance and law.”
Want to stay up to date? Have stories sent directly to your email inbox.