Aflac Lands Placement on Fortune's 100 Best Places to Work For List for 20th Consecutive Year
Friday, February 16th, 2018
For the 20th consecutive year, Aflac has been named one of Fortune's 100 Best Companies to Work For, according to global research and consulting firm Great Place to Work and Fortune. The leading provider of voluntary insurance at the worksite in the United States, Aflac has received a place on the prestigious list every year since 1999.
"Among the awards Aflac can receive, having a place among Fortune's 2018 100 Best Companies to Work For is especially gratifying because it represents the voice of our employees and speaks to the importance we place on a workplace culture that is trustworthy and rewarding," Aflac Chairman and CEO Dan Amos said. "We are extremely pleased our employees continue to see Aflac as not just work, but a family that encourages their success, helps develop their potential and gives them reason to be proud."
Founded in 1955, Aflac has long been a leader in issues important to its employees, among them diversity and philanthropy. Its current U.S. workforce of more than 5,000 is 67 percent women and 40 percent minorities. Each year, Aflac commits more than $5 million to nonprofit causes in communities where their employees live and work, and since 1995 has contributed more than $123 million and counting to research and programs benefiting children with cancer.
In December 2017, Aflac announced it will pass benefits of recent tax reform on to its employees, increasing the company's 401(k) match from 50 percent to 100 percent on the first 4 percent of employee input and making a one-time contribution of $500 to every employee's 401(k) plan. Employees now also receive certain hospital and accident insurance products free of charge, as has been the case with their core cancer insurance product.
"We are using these funds to help secure healthy retirements, develop employee skills in an evolving global business climate, and provide additional protections for our workers and their families," said Amos. "Our long-held belief is if you treat your employees well, they will go above and beyond for the customer. They will take care of the company."