HUMAN CAPTIAL INVESTMENT BANNER

Developing Our People

DIVERSITY AND INCLUSION

The Hanover is committed to an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law.

  • We provide and support:
    • Corporate employee resource groups/affinity groups
    • An anti-discrimination policy
    • Anti-harassment and inclusion policies, and accompanying training to employees
    • An anonymous reporting hotline and dedicated website to help employees report concerns and maintain anonymity

EMPLOYEE BENEFITS

  • We offer employees a competitive and robust suite of benefits:
    • Flexible and remote work arrangements
    • Rideshare / carpooling program
    • Paid vacation and holidays
    • Comprehensive health insurance, life insurance, vision, dental and supplemental life and accidental death and dismemberment policies
    • Adoption assistance benefit
    • Bonus, short-term incentive and long-term incentive compensation plans available, depending on the nature of an employee's role
    • 401(k) plan with a Roth option (100% company match up to 6% of eligible compensation)
    • Employee Stock Purchase Plan for qualified U.S.-based employees and Share Incentive Plan for qualified U.K.-based employees
    • On-site medical clinic at our corporate headquaters
    • Flu vaccination program for employees and contractors
    • On-site Fitness Center at our corporate headquarters staffed with fitness professionals and provided at a discounted rate
    • Wellness programs provided at no cost to employees, including on-site meditation, wellness coaching and Weight Watchers
    • Employee Assistance Program
    • On-site cafeterias at our corporate headquarters in Worcester and our location in Howell
    • On-site convenience store, dry cleaning and banking at our corporate headquarters

EMPLOYEMENT ENGAGEMENT AND DEVELOPMENT

  • Our 2016 Employee Survey, conducted by Willis Towers Watson, revealed that 85 percent of employees are engaged, meaning they are committed to the Hanover, understand how their work ties into our vision and strategy, and are willing to go the extra mile; this engagement rate is 3 percent higher than U.S. high performing companies and 5 percent higher than financial services organizations
  • Our 2016 Employee Survey had an 87 percent employee participation rate
  • Employees throughout the organization participated in organized focus groups following the survey to further explore and develop concepts brought to light by the results. Additionally, we conduct ongoing employee focus groups to ensure we are hearing from employees on an ongoing basis as well as involve them in problem solving how to continually improve
  • We align our targeted professional development and career paths at all levels in the organization with our business strategy and constantly evolve as needed to ensure we are developing our employees for the future
  • All employees have access to a variety of training offerings, including professional and industry designation programs
  • Annual Code of Conduct certification is mandated for all employees
  • As part of our Hanover 2021 strategic plan, employees are active participants in the development of our mission, vision and value statements, using crowdsourcing technology in addition to focus groups. We strongly believe that asking our employee to shape our culture and values fosters alignment and commitment to our vision, mission and strategy, enabling better outcomes and continued higher engagement

Additionally, we offer:

    • Tuition reimbursement opportunities for employees interested in furthering their education
    • A scholarship program for family members of our employees
    • A Volunteer Incentive Program providing grants to organizations where our employees volunteer
    • Legal Services Plan
    • Group excess liability
    • Discount on homeowners and auto insurance
    • Employee referral bonus program
    • Mentorship and internship programs
    • Presidential Service Awards to recognize employee excellence
    • A "Dress for the Day" flexible dress code