Cigna Announces Company Rewards For Employees; A One-Time Stock Award and New Benefits to Balance Work and Life
- Cigna looks forward to next chapter in its 225-year history
- Employees will receive one-time award of five shares of Cigna stock
- Stock awards reinforce ownership in the company and its future
- New benefits include four weeks of paid caregiver leave for
U.S. employees - Support for child bonding, caring for seriously ill family member, military support leave
- Non-
U.S. employees will receive expanded maternity, paternity leave - In 2018, fellowships will be available for employee community service
“Cigna continues to thrive, and our ability to deliver on the mission to improve the health, well-being and sense of security of those we serve starts with each of our employees. We are moving forward from a position of strength thanks to our employees around the world who make our company great. Today’s actions recognize that fact,” said Cigna Chief Executive Officer and President
The special global stock award and new benefits recognize Cigna employees’ accomplishments and their ability to stay focused on customers in what has been a dynamic and disruptive environment over the past several years. Cigna has been growing its business around the globe by adding and retaining clients and expanding our innovative value-based partnerships, and by focusing on customer service, and the company expects that outstanding performance to continue.
Effective today, Cigna employees around the world will receive a one-time award of five shares of stock in Cigna, which represents an investment in their future. “The stock award to our co-workers reinforces an even greater sense of ownership in our company as we continue to pursue our mission of improving the health, well-being and sense of security of the people we serve.” Cordani said. He added “It is this ownership mentality that fuels our ability to support and change our customers’ lives for the better.”
To support employees in balancing work and life demands, effective
Additionally, Cigna is introducing the Community Ambassador Fellowship program, which offers eligible employees an opportunity to take a sabbatical-style paid leave from work to improve life in communities where they work and live by supporting projects that exemplify Cigna’s mission. Program participants will be selected through a competitive application process. Up to 12 employees will be selected every year for a one- to three-month fellowship, and employees will receive full salary and benefits plus up to a
“Together, the global stock award and new benefits signal Cigna's pride in its employees’ continued high level of performance in a challenging environment. We see this as an investment in a bright future for Cigna, our employees and the people we serve around the world,” Cordani said.
About Cigna
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