Madison, Wisconsin-based American Family Insurance and its group of companies are raising their minimum hourly wage to $20 per hour.
This rate increase, implemented with the intent to attract and retain talent and create a positive impact on employees and communities, is effective retroactive to Jan. 1, 2020.
The raise in minimum wage will result in raises for nearly 1,700 employees at American Family group companies. The group employs nearly 13,500 employees across the country.
The increase applies to all companies within the American Family Insurance group, including American Family Insurance, based in Madison, Wisconsin; Homesite Group, Boston; The General, Nashville, Tennessee; Main Street America, Jacksonville, Florida; and other companies.
It also applies to American Family Connect Property and Casualty Insurance Company, the proposed new legal name of a De Pere, Wisconsin-based insurer (Ameriprise Auto & Home Insurance) American Family Insurance group acquired last October.
The minimum-wage increase to $20 per hour will impact employees in a variety of roles and areas, including customer service, claims, administrative and others.
Source: American Family Insurance
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