Central Insurance Unveils Industry-Leading Employee Benefits Package, Expands Paid Leave Offerings
"At Central Insurance, we invest in our people and treat each of our employees as owners. When we heard from our team that paid leave was an area for improvement, we acted," said
The revamped benefits package includes the following:
- Additional paid time off: Every new hire will receive 20 days of vacation time at the start of their hire date. Additionally, employees with 10-24 years of service will receive 25 days and those with 25+ years of service will receive 30 days.
- Expanded paid parental leave: To fully support growing families, Central Insurance is significantly adding to its parental leave policy. Both parents will receive 100% paid leave for births, adoptions and placement of a child in foster care for 12 weeks.
- Increased bereavement leave: In unfortunate circumstances such as death, Central Insurance wants to be a true companion and make sure employees take care of themselves by taking the time needed to grieve. Employees will now receive eight weeks of 100% paid leave for the death of a spouse or child.
- Added paid caregiver leave: To further support employees and their families, Central Insurance is increasing caregiver leave from zero to eight weeks with 100% pay to care for a family member with a serious health condition.
- Paid sick days: Since minor illnesses for employees and their children are unpredictable, Central Insurance employees will receive 10 new sick days a year.
The 146-year-old organization recently appointed
"The ability to offer forward-thinking, cutting-edge employee benefits in our industry is a top priority. Our employees should never have to choose between their work and taking care of themselves and their families," said Wierwille. "We believe this is the right move for Central Insurance and its people, and directly aligns with our vision for the future of the organization."
In addition to the newly added paid leave, the company continues to provide a competitive, comprehensive benefits package designed to meet evolving needs and assist in building financial security for the future.
To learn more, visit www.central-insurance.com.
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