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Corporate Responsibility

Confidence, strength, stability and long-term prosperity are among the attributes that have helped to define our business for generations. These are also attributes to which every community should aspire. That's why MassMutual is committed to being a responsible and contributing member to the places we live and work — from our headquarters in Springfield, MA, to our other home offices in Enfield, CT, Phoenix, AZ, Boston, MA, and Memphis, TN, to the hometowns of our financial professionals across the country.

Annual & Corporate
Responsibility Report

     

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    At MassMutual we empower our own people with the necessary knowledge, tools and support to plan for a happy and healthy life at home, at work and out in their communities.

    Volunteers in Action
    The Volunteers in Action program encourages the volunteer efforts of our full-time employees and retirees by awarding grants on their behalf to eligible nonprofit organizations to which they donate their time and talent. Individuals can apply for a $750 grant for the nonprofit organization with which they volunteer. Each year, Volunteer in Action grant recipients are recognized with “Winner's Circle Award’s for Community Involvement” based on their exemplary and extraordinary commitment to their volunteer causes. A second grant, of $2,000, is made to the award winner’s volunteer organizations.

    Community Service Awards
    MassMutual’s Community Service Awards program annually recognizes the selfless hours of volunteer time that members of our sales force put in during the year to improve their respective communities. Annually, MassMutual distributes grants of up to $25,000 to nonprofit organizations based on the volunteer efforts and the commitment of the MassMutual financial professionals who work with them. Since the program’s inception in 1996, MassMutual has contributed $1.4 million to charitable organizations across the country.

    Community Activities
    We encourage employees to become involved in their communities by providing time away from work for company-sponsored volunteer activities within our Community Responsibility focus areas of education, economic development and community vitality. Company-sponsored volunteer activities include our work with the United Way, Junior Achievement, and various Career Pathways initiatives. Through the Law Division’s pro bono program, volunteer lawyers and paralegals donate their time to provide representation to clients at the Springfield Housing Court.

    Employee Wellness
    In the home office, Employee Health Services offers employees access to on-site medical professionals and services, such as blood pressure, blood sugar, and cholesterol screenings, workstation ergonomic reviews, smoking-cessation resources, stress management courses, personal health seminars and Wellness Activity Centers supporting fitness. Our “Live Healthy Live Well” program continues to offer eligible employees, agents and their spouses or domestic partners a confidential, online wellness assessment, as well as additional incentives and proactive steps to address their health and wellness needs.

    Winners Circle
    In 2013, another 128 employees were welcomed into the Winners Circle, a program that recognizes employees for excellence in service and leadership, as well as for commitment to volunteer work in our communities. These awards all share a foundation in our Winning Ways, the behaviors we expect all our employees to demonstrate every day – Focus on the Customer, Act with Integrity, Value People, Work Collaboratively, and Achieve Results.

    Matching Gifts
    We recognize the generosity of our eligible employees, agents and company directors by matching their charitable donations to qualified nonprofit organizations, providing over $1 million in matching support annually.

    Food, School Supply Drive and Toys
    Employees are provided opportunities to become involved in the communities where they live and work, through participation in events such as the annual United Way campaign or as volunteers in area schools. Collection drives to support those in need are another way employees can support our home office communities. Community Responsibility manages a food drives, school supply and holiday toy drive annually. Internal committees are formed and employee volunteers donate their time managing daily collections. Since inception, over 6,000 employees, including those from Babson Capital Management LLC, have participated in supporting these events.

    Insurance products issued by Massachusetts Mutual Life Insurance Company (MassMutual), 1295 State Street, Springfield, MA 01111-0001 and its subsidiaries C.M. Life Insurance Company and MML Bay State Life Insurance Company, 100 Bright Meadow Boulevard, Enfield, CT 06082.


    Principal Underwriters: MML Strategic Distributors, LLC and MML Investors Services, LLC, Members FINRA (www.finra.org) and SiPC (www.sipc.org). MML Strategic Distributors, LLC and MML Investors Services, LLC are subsidiaries of Massachusetts Mutual Life Insurance Company, 1295 State Street, Springfield, MA 01111-0001.


    CRN201505-172770



     


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