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Tag: Aflac

  • Job hugging. Quiet cracking. Rage applying. Are these buzzwords helping — or hurting — the workplace? | Fortune

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    I’ve been in HR for over two decades, and I’ve never seen workplace terminology evolve this quickly: Job hugging. Quiet cracking. Rage applying. 

    Every few months, a new phrase takes over headlines and social feeds. They’re hard to keep up with and often even harder to decipher. But here’s the dilemma: Are these buzzwords just noise, or do they reveal something leaders need to pay attention to?

    I’ve come to believe it’s both. Buzzwords risk trivializing serious issues when leaders don’t look past labels and address what’s underneath. But they can spark helpful conversations about how employees are really doing. They can normalize experiences people might otherwise struggle to name, and when they spread, they show people they’re not alone. 

    The words themselves may not last long (goodbye, “quiet quitting”; hello, “quiet cracking”), but the feelings behind them are real. Workplace buzzwords are red flags business leaders miss at their own peril.

    Job hugging is real

    Consider “job hugging.” It refers to employees clinging to their jobs, often from fear of layoffs or lack of hiring at other companies. In today’s stagnant labor market, that fear is not entirely wrong: Layoffs are down, but hiring isn’t strong, either.

    For 15 years, the Aflac WorkForces Report has been tracking employee well-being, benefits and workplace sentiment across the U.S. workforce. This year’s survey backs up the job-hugging trend: Only 28% of employees are likely to look for a new job in the next 12 months, down from 37% in 2024.

    People are staying put, but not necessarily because they feel motivated. Record levels of burnout — a seven-year high, with 61% of employees reporting at least moderate burnout — suggest many are simply holding on.

    One contributing factor may be anxiety about AI-driven job cuts, making employees even more reluctant to risk starting over somewhere else. AI has been named one of the top five factors contributing to job losses this year, accounting for 10,000 job losses in July alone, according to a Challenger, Grey & Christmas survey.

    The hidden upside of hanging on

    Job hugging doesn’t have to be seen only as negative — it can be an opportunity to build long-term loyalty. At Aflac, we hire with the intention of hiring for life. And while that doesn’t always happen, it’s not uncommon to see employees stay 20 or 30 years, supported by recognition and access to leadership.

    Leaders across every function, not just HR, must make themselves visible and approachable if they want people to feel valued. They need to convert retention based on fear into commitment inspired by purpose, and nowhere is this more critical than for this country’s future leadership pipeline. At 74%, Gen Z is now the most burned-out generation at work, says the Aflac WorkForces Report.

    From hugging to cracking to rage

    Job hugging is just one example. “Quiet cracking” describes employees quietly working harder and longer without feeling reward or purpose, which fuels disengagement and poor performance. Rage applying is the frustrated response of workers who feel ignored and flood the market with résumés, even if they don’t really plan to leave.

    All are warning signs of workplace cultures that are falling short of employee expectations. Our survey shows fewer than half of employees (48%) believe their employer cares about them, down from 54% a year ago. Nearly one in five (18%) believe their company doesn’t care about their mental health at all, and only 60% say their employer encourages them to seek mental health support, down five points from 2024.

    What leaders can do 

    These data points translate directly into risks for retention, productivity and performance. Leaders can use these red flags to prompt proactive change:

    • Analyze employee responsibilities both on and off the clock, and thread the needle between productivity and work-life balance. Encourage employees to take PTO and unplug, and model this behavior at the executive level. When asked what would most help with burnout, survey participants rated more time off, working from home and a four-day work week as their top three choices.
    • Rebuild trust by being visible and showing care. Make leadership accessible and approachable, whether you lead HR, finance, operations or the entire company. Demonstrate care through mental health resources and consistent communication. Fewer than half of employees now believe their employer cares about them, a trust gap no leader should ignore.
    • Encourage job hugging for the right reasons. Create career pathways and growth opportunities that go beyond HR programs to touch every function. Celebrate tenure and reinforce a culture of development, so people stay because they want to.

    Behind every catchy phrase is an employee experience: burnout, frustration or hope for something better. The question isn’t whether employees will continue packaging their frustrations into new phrases. They will. The question is whether leaders will act. 

    In the end, buzzwords may have a short shelf life, but the responsibility of leadership to step in and help prevent the issues that drive these quips is forever.

    The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

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    Matthew Owenby

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  • Spire Wealth Management Has $49,000 Stock Position in Aflac Incorporated (NYSE:AFL)

    Spire Wealth Management Has $49,000 Stock Position in Aflac Incorporated (NYSE:AFL)

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    Spire Wealth Management lowered its holdings in Aflac Incorporated (NYSE:AFLGet Rating) by 64.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 873 shares of the financial services provider’s stock after selling 1,562 shares during the quarter. Spire Wealth Management’s holdings in Aflac were worth $49,000 at the end of the most recent quarter.

    A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Wells Fargo & Company MN grew its holdings in shares of Aflac by 0.6% during the 2nd quarter. Wells Fargo & Company MN now owns 16,300,968 shares of the financial services provider’s stock worth $901,933,000 after purchasing an additional 89,414 shares in the last quarter. Legal & General Group Plc grew its holdings in shares of Aflac by 3.5% during the 2nd quarter. Legal & General Group Plc now owns 5,755,915 shares of the financial services provider’s stock worth $318,476,000 after purchasing an additional 192,480 shares in the last quarter. Maj Invest Holding A S grew its holdings in shares of Aflac by 16.5% during the 3rd quarter. Maj Invest Holding A S now owns 5,061,371 shares of the financial services provider’s stock worth $325,902,000 after purchasing an additional 715,304 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Aflac by 62.4% during the 1st quarter. Invesco Ltd. now owns 4,936,608 shares of the financial services provider’s stock worth $317,865,000 after purchasing an additional 1,897,212 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Aflac by 2.3% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 3,286,052 shares of the financial services provider’s stock worth $211,590,000 after purchasing an additional 72,705 shares in the last quarter. Institutional investors and hedge funds own 66.22% of the company’s stock.

    Analysts Set New Price Targets

    Several brokerages have recently weighed in on AFL. Raymond James lifted their price objective on Aflac from $74.00 to $77.00 and gave the stock an “outperform” rating in a report on Monday, January 30th. Evercore ISI set a $66.00 price objective on Aflac in a research report on Thursday, November 17th. Morgan Stanley lifted their price objective on Aflac from $76.00 to $78.00 and gave the company an “overweight” rating in a research report on Thursday. JPMorgan Chase & Co. boosted their target price on Aflac from $62.00 to $66.00 and gave the stock a “neutral” rating in a research report on Friday, January 6th. Finally, Citigroup boosted their target price on Aflac from $61.00 to $70.00 in a research report on Wednesday, November 16th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat, Aflac currently has an average rating of “Hold” and an average price target of $71.00.

    Insider Buying and Selling at Aflac

    In other Aflac news, EVP Eric M. Kirsch sold 28,400 shares of the company’s stock in a transaction that occurred on Wednesday, November 16th. The stock was sold at an average price of $70.90, for a total value of $2,013,560.00. Following the sale, the executive vice president now owns 35,721 shares in the company, valued at $2,532,618.90. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, Director Toshihiko Fukuzawa sold 1,400 shares of the company’s stock in a transaction that occurred on Wednesday, November 16th. The stock was sold at an average price of $70.64, for a total value of $98,896.00. Following the transaction, the director now owns 10,258 shares of the company’s stock, valued at $724,625.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Eric M. Kirsch sold 28,400 shares of the stock in a transaction that occurred on Wednesday, November 16th. The stock was sold at an average price of $70.90, for a total value of $2,013,560.00. Following the sale, the executive vice president now directly owns 35,721 shares in the company, valued at approximately $2,532,618.90. The disclosure for this sale can be found here. Insiders have sold 57,388 shares of company stock worth $4,065,339 over the last 90 days. Company insiders own 1.10% of the company’s stock.

    Aflac Stock Performance

    AFL opened at $69.39 on Friday. Aflac Incorporated has a 52-week low of $52.07 and a 52-week high of $74.01. The firm has a market capitalization of $43.15 billion, a PE ratio of 10.48, a PEG ratio of 2.67 and a beta of 0.92. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.07 and a current ratio of 0.07. The business’s 50-day simple moving average is $71.59 and its 200 day simple moving average is $65.03.

    Aflac (NYSE:AFLGet Rating) last released its earnings results on Thursday, February 2nd. The financial services provider reported $1.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.08. Aflac had a return on equity of 13.14% and a net margin of 21.54%. The business had revenue of $4.01 billion for the quarter, compared to analyst estimates of $4.49 billion. During the same quarter in the prior year, the company posted $1.28 earnings per share. Aflac’s revenue was down 26.2% on a year-over-year basis. As a group, sell-side analysts expect that Aflac Incorporated will post 5.48 earnings per share for the current fiscal year.

    Aflac Increases Dividend

    The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 1st. Shareholders of record on Wednesday, February 15th will be paid a $0.42 dividend. This is a positive change from Aflac’s previous quarterly dividend of $0.40. The ex-dividend date is Tuesday, February 14th. This represents a $1.68 annualized dividend and a yield of 2.42%. Aflac’s dividend payout ratio is currently 24.35%.

    Aflac announced that its Board of Directors has authorized a share buyback plan on Tuesday, November 8th that allows the company to repurchase 100,000,000 outstanding shares. This repurchase authorization allows the financial services provider to buy shares of its stock through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

    About Aflac

    (Get Rating)

    Aflac, Inc is a holding company. engages in the provision of financial protection services. It operates through the followings segments: Aflac Japan and Aflac United States (U.S.). The Aflac Japan segment offers life insurance, death benefits, and cash surrender values. The Aflac U.S. segment sells voluntary supplemental insurance products for people who already have major medical or primary insurance coverage.

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    Institutional Ownership by Quarter for Aflac (NYSE:AFL)

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    ABMN Staff

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