USAA raises minimum pay for all employees

USAA raises minimum pay for all employees

USAA will be increasing the minimum pay of its employees and has revealed its target to hire 2,600 employees by the end of 2021.

The insurer will be raising its employees’ pay from $16 to $21 per hour, or $43,680 annually; the raise came into effect on October 10, 2021. USAA also stated that thanks to the raise, employees can earn an annual compensation package worth up to approximately $53,940 with their holiday bonus, annual performance incentive, 401(k) match, and pension – which is approximately $26 per hour.

“USAA’s employees are the heart of our association and

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