COLUMBUS, Ga., Feb. 15, 2018 /PRNewswire/ -- 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."
To see the full list of the 2018 Fortune 100 Best Companies to Work For, click here.
When a policyholder gets sick or hurt, Aflac pays cash benefits fast. For more than six decades, Aflac insurance policies have given policyholders the opportunity to focus on recovery, not financial stress. In the United States, Aflac is the leader in voluntary insurance sales at the worksite. Through its trailblazing One Day Pay(SM) initiative, Aflac U.S. can receive, process, approve and disburse payment for eligible claims in one business day. In Japan, Aflac is the leading provider of medical and cancer insurance and insures 1 in 4 households. Aflac insurance products help provide protection to more than 50 million people worldwide. For 11 consecutive years, Ethisphere has recognized Aflac as one of the World's Most Ethical Companies. In 2018, Fortune magazine recognized Aflac as one of the 100 Best Companies to Work for in America for the 20th consecutive year and included Aflac on its list of Most Admired Companies for the 17th time. Aflac Incorporated is a Fortune 500 company listed on the New York Stock Exchange under the symbol AFL. To find out more about Aflac and One Day Pay(SM), visit aflac.com or aflac.com/espanol.
About the Fortune 100 Best Companies To Work For®
To identify the 100 Best Companies to Work For®, each year, Fortune partners with Great Place to Work to conduct the most extensive employee survey in corporate America. The ranking is based on feedback from more than 232,000 employees at Great Place to Work–Certified™ companies with more than 1,000 employees.
Winning a spot on this list indicates the company has distinguished itself from peers by creating a great place to work for employees – measured and ranked through our analysis of the results of our Trust Index© survey and Culture Audit© questionnaire.
Through the Trust Index©, employees anonymously assess their workplace, including the honesty and quality of communication by managers, degree of support for employees' personal and professional lives, and the authenticity of relationships with colleagues. Results from the survey are highly reliable, having a 95 percent confidence level and a margin of error of 5 percent or less. Companies' results on the Trust Index© survey are compared to peer organizations of like size and complexity. The Culture Audit© includes detailed questions about benefits, programs and practices.
To be considered for our Best Workplaces lists, companies must become Great Place to Work-Certified™. Details are available at https://www.greatplacetowork.com/certification.
About Great Place to Work®
Great Place to Work® is the global authority on high-trust, high-performance workplace cultures. Through proprietary assessment tools, advisory services and certification programs, including Best Workplaces lists and workplace reviews, Great Place to Work provides the benchmarks, framework and expertise needed to create, sustain and recognize outstanding workplace cultures. In the United States, Great Place to Work produces the annual Fortune 100 Best Companies to Work For® and a series of rankings by Great Place to Work and Fortune based on employee survey feedback from Great Place to Work-Certified organizations.
Aflac herein means American Family Life Assurance Company of Columbus and American Family Life Assurance Company of New York.
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