Truliant Raises Minimum Hourly Wage to $15
Release date: 3/21/2018
WINSTON-SALEM, N.C. (March 21, 2018) – In an effort to reward and retain current employees, and to ensure wage offerings are competitive to acquire talented new team members, Truliant Federal Credit Union announced plans to raise its minimum hourly wage to $15.
Truliant recently reevaluated its compensation structure to distribute more benefits in the form of wage increases to employees throughout its three-state corporate footprint. This move is scheduled to go into effect April 2, 2018.
“In offering a higher wage to our dedicated team members, we are acknowledging their significant contributions to improving the financial lives of our member-owners,” said Todd Hall, president of Truliant. “We aspire to support our employees and communities in substantive ways. This increase is an investment in our most valuable asset, our team members. They are the key to our past and future success.”
Truliant offers a rich benefits package including medical, dental and vision and short-and long-term disability. Employees are also provided a pension plan, 401(K) with matching employer contributions and life insurance benefits.
In 2017, Truliant was named one of Triad Business Journal’s Best Places to Work in the publication’s Extra-Large Employers Category.
“The mission of our credit union includes putting members’ best interests first,” said Sherri Thomas, senior vice president of human resources for Truliant. “To help deliver on that mission, Truliant strives to ensure that we are attracting and retaining highly talented employees to create a positive member experience. Engaged employees are the key to our more than 226,000 members feeling connected to Truliant.”
About Truliant Federal Credit Union
Truliant Federal Credit Union is a mission-driven, not-for-profit financial institution that promises to always have its member-owners’ best interest at heart by improving their lives with financial guidance and affordable financial services. Truliant was chartered in 1952 and now serves more than 226,000+ members and currently has 33 Member Financial Centers in North Carolina, South Carolina and Virginia.
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Contact: Heath Combs
(o) 336.293.2054 (c) 336.442.5736