COLUMBUS, Ohio, March 7, 2022 /PRNewswire/ -- Along with a
market-leading, flexible work model, Nationwide is again raising
the minimum wage it will pay for its workforce. The
Columbus, Ohio-based Fortune 100
insurance and financial services provider is raising its minimum
pay to $21 per hour, effective
April 4, which makes it a leading
employer providing one of the highest minimum wages in the country.
The change will impact 600 employees and all new, early-career
roles.
"The things that matter to workers in 2022 are competitive
wages, flexibility and the ability to work for a company that
reflects their values. We're proud that Nationwide leads on all
these fronts," said Nationwide Chief Executive Officer Kirt Walker. "Our number one priority is our
people. Investing in competitive wages and comprehensive benefits
is vital to ultimately delivering on our mission to protect people,
businesses and futures with extraordinary care. It's the right
thing to do for our people and our business."
Combined with an innovative, flexible work model in which most
employees can work remotely or in a hybrid schedule, and a strong
culture, Nationwide is committed to making the company a great
place to work and a destination for top talent as it strives to
protect people, businesses and futures with extraordinary care.
Nationwide has been a leader on competitive compensation dating
back several years, steadily raising its minimum pay ahead of the
market to meet business needs by attracting the best talent.
Minimum pay increases in the past included:
- 2016: Implemented minimum pay of $15
- 2018: Raised minimum pay to $16
- 2021: Raised minimum pay to $18
- 2022: Raising minimum pay to $21
Nationwide offers comprehensive benefits and makes enhancements
in response to associate feedback and competitive data. This
includes competitive compensation and benefits at all levels, a
401(k)-company match of 50% on the first 8% of personal
contributions, and a pension plan. The company also offers
robust development opportunities, workplace flexibility options,
free downtown parking, educational assistance, free counseling
sessions and extra back-up childcare and eldercare days – all
making Nationwide an attractive career destination for the best
talent.
In 2020, the company announced a 5-year Future of Work
program, investing $160M to upskill
and reskill associates to train workers on digital skills and key
business capabilities. Under the initiative, associates are
encouraged to complete at least 8 hours of professional development
annually.
Through Nationwide's Maternity Assistance Program,
associates are assigned a professional nurse who can provide
guidance through each trimester of pregnancy as well as
post-pregnancy support.
The company recently added two weeks to the paternity,
maternity and adoption leave benefit, bringing it to up to 14
weeks of paid time off for new moms and 30 days of bonding time for
fathers, domestic partners and adoptive parents.
"We take pride in being recognized as a destination for top
talent and a great place to work," said Vinita Clements, Executive Vice President of
Human Resources. "Competitive wages, workplace flexibility, an
award-winning culture and an unwavering commitment to diversity,
equity and inclusion are all attributes that make job candidates
take notice and position us as a leader in markets where we compete
for talent."
Nationwide employs approximately 25,000 associates across the
country, with four major campus locations in Columbus, Ohio, where the state minimum wage
is $9.30; Des Moines, Iowa, where the state minimum wage
is $7.25; San Antonio, Texas, where the state minimum
wage is $7.25 and Scottsdale, Arizona, where the state minimum
wage is $12.80.*
The company currently has nearly 1,200 open roles across the
country, the majority of which are eligible for flexible/remote
work. Approximately 500 are new, early-career technology
positions. The others include service center-based sales and
customer service jobs along with claims, underwriting, data &
analytics and finance positions.
To view open positions, visit www.nationwide.com/careers.
Note: Downloadable broadcast-quality video is available.
About Nationwide
Nationwide, a Fortune 100 company
based in Columbus, Ohio, is one of
the largest and strongest diversified insurance and financial
services organizations in the United
States. Nationwide is rated A+ by both A.M. Best and
Standard & Poor's. An industry leader in driving
customer-focused innovation, Nationwide provides a full range of
insurance and financial services products including auto, business,
homeowners, farm and life insurance; public and private sector
retirement plans, annuities, mutual funds and EFTs; excess &
surplus, specialty and surety; and pet, motorcycle and boat
insurance. For more information, visit www.nationwide.com.
Follow the firm on Facebook and Twitter.
Nationwide, Nationwide is on your side and the Nationwide N and
Eagle are service marks of Nationwide Mutual Insurance Company. ©
2022
* Source: Minimumwage.com
Contact:
Joe Case
(614) 249-6349
Joe.Case@nationwide.com
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SOURCE Nationwide