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AFA Named One of FORTUNE’s “100 Best Companies to Work For” Five Years Running

American Fidelity Assurance Company is proud to count itself among FORTUNE magazine’s “100 Best Companies to Work For” in America for the fifth straight year. One of the largest private, family-owned life and health insurance companies in the United States, AFA ranked No. 24 on this year’s list.

"Being an employer of choice is one of our strategic initiatives and has helped us create a unique company culture. Our Colleagues' loyalty and support can be credited for American Fidelity becoming the company we are today. We appreciate the recognition of the hard work we do and the great contribution by our Colleagues in making AFA a nationally recognized great place to work."

AFA’s selection came after a rigorous two-part application process, consisting of an evaluation of the company’s policies, practices and philosophies as well as an anonymous employee survey. A random sample of at least 400 employees completes the 57-question survey, which accounts for two-thirds of a company’s total score.

More than 105,000 employees from 446 companies participated in this year’s survey process. Common themes for the survey questions include job satisfaction, attitudes towards management and camaraderie within the organization.

The remaining one-third of the score is based on a company’s responses to the Great Place to Work Institute’s Culture Audit, which includes detailed questions about demographic makeup, pay and benefits programs as well as open-ended questions on everything from cultural philosophies to compensation practices.

In addition to the overall ranking, AFA garnered further recognition in other categories, including being ranked No. 7 in terms of largest annual cash bonus given to salaried employees, No. 5 in percentage of telecommuters (30% of Colleagues), No. 19 in the percentage of female employees (68% of Colleagues) and No. 7 on the Small Companies list.

What makes AFA so great? According to the Feb. 4, 2008, edition of FORTUNE magazine available on newsstands Jan. 28, “Bill Cameron, grandson of the founder, fosters an environment that leads employees to call this Oklahoma insurer their ‘second family.’”

AFA is one of the largest employers in Oklahoma City with nearly 1,400 employees, with approximately 1,000 located at our Oklahoma City headquarters, and others spanning 26 locations across the United States. AFA employees often talk about the company’s family atmosphere, a common theme among businesses that make the FORTUNE list.

American Fidelity is proud of this accomplishment as well as our place among the best places to work in 2004, 2005, 2006 and 2007 according to FORTUNE magazine.

© American Fidelity Assurance Company 2007