Madison,
19
September
2024
|
08:37 AM
America/Chicago

American Family Insurance Group companies announce raise in minimum pay to $25 per hour in 2025

Third increase in minimum wage since 2020

Summary

American Family Insurance Group is raising its minimum wage to $25 per hour effective January 1, 2025. 

American Family Insurance Group announced today it is raising its minimum hourly wage to $25 per hour – its third increase since 2020 – to draw and retain talent to best serve its customers.  The wage increase will take effect in January 2025.

Benefits both employees and customers

Jessie Stauffacher“As a customer-driven organization, it’s critical to invest in our employees who provide the exceptional service our customers deserve and expect,” said Jessie Stauffacher, American Family chief people officer. “By providing competitive wages we recognize the importance of keeping and attracting top talent while also empowering employees to develop successful careers here.”

The $25 per hour minimum-wage increase will impact employees in a variety of roles, including customer-facing positions in call centers, claims and other areas. 

This is the third time since 2020 that American Family group has raised its minimum wage. In January 2020, the group announced a raise in minimum pay to $20 per hour and in February 2022, to $23 per hour.

“Raising the minimum wage again for our employees demonstrates our commitment to paying a livable wage,” said Stauffacher.

Comprehensive benefits package adds even more value for employees

American Family Insurance Group companies prioritize employee wellbeing and recognize its positive connection to an engaged workforce where all employees are included. The comprehensive and competitive benefits package provides employees with choices, including health insurance, retirement benefits, paid time off, student loan repayment assistance, flexible work arrangements, training and development opportunities, and paid time off to volunteer.

Further strengthening investments in its employees, in 2025 American Family is increasing time off for parental paid leave. Birthing mothers will now receive 16 weeks of paid leave and parental leave will increase from four to eight weeks for all parents, including adoptive and foster parents.

In recent years American Family Insurance Group has also provided additional benefits to help meet the needs of employees and their families, such as the expansion of employee assistance programs and increased support and resources for working parents and caregivers.

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About the American Family Insurance Group 
American Family Insurance Group, a mutual holding company based in Madison, Wis., has been serving customers since 1927. We inspire, protect and restore dreams through our insurance products, exceptional service from our agency owners and employees, community investments and creative partnerships. American Family Insurance Group is the nation’s 12th-largest property/casualty insurance group, ranking No. 243 on the Fortune 500 list. The Group has a current ‘A+’ credit rating through AM Best, and has distinction as a “Standing the Test of Time” company, which is represented by having an AM Best financial strength rating of ‘A’ or better for 75 years. The group sells American Family-brand products, primarily through exclusive agency owners in 19 states. The American Family Insurance Group also includes CONNECT, powered by American Family Insurance, The GeneralHomesite and Main Street America Insurance and has approximately 12,000 employees nationwide.