Allstate 2015 Annual Report Download - page 5

In 2016, we are raising the minimum starting compensation
for U.S. corporate employees to the equivalent of $15 per
hour. This is good business, not politics. It’s about attracting
and retaining the best people. At the same time, we have
restructured U.S. employee pension and medical benefit
coststo spread these benefits more evenly across employees.
This keeps the overall cost structure competitive while
ensuring we have the best team.
CREATING POSITIVE SOCIETAL CHANGE
The third element of a 22nd Century Corporation is to create
positive societal change. Corporations have the capabilities,
society has the need and it is good business.
Allstate is a proactive corporate citizen in virtually every
community in America. Here are just a few examples of the
good we do.
• Empowering youth. We participate in We Schools/WE Day
to support, empower and recognize youth for volunteering
and helping others. We are working to support expansion
of these programs across the United States, and the
numberof participants increased from 400,000 to 883,000
students in 2015.
• Helping domestic violence victims. Money is a weapon
ofchoice used by most perpetrators of domestic violence.
In partnership with the National Network to End Domestic
Violence, we have provided financial literacy and asset-
building programs to nearly 800,000 survivors to empower
them tostart independent lives over the last 10 years.
• Teen safe driving. Car accidents are the number one killer
of teens in America. In 2005, The Allstate Foundation set
a goal of helping reduce teen traic fatalities by 50% by
2015. Data showed a reduction of 50.5% by year-end 2014!
It’s time to set new goals as we continue to help save
kids’ lives.
• Bringing out the good. Allstaters are fully committed to
being a force for good. More than 35% of the company’s
oicers are in leadership positions with nonprofits. In
2015, employees and agency owners spent 230,000 hours
supporting locally based organizations. Allstate agencies
utilized more than 3,100 Agency Hands in the Community
grants to financially support nonprofits all across
the country.
A full description of these good works is in our annual corporate
responsibility report (corporateresponsibility.allstate.com).
SHAPING THE FUTURE
Our push to create a 22nd Century Corporation is exciting
and rewarding. Employees and agency owners are proud
and passionate about this direction. The 22nd Century is still
decades away, but by beginning now we will continue to lead
in both the insurance industry and the broader economy.
Allstate will continue to thrive and lead — today, tomorrow and
into the 22nd Century.
ThomasJ. Wilson
Chairman and Chief Executive Oicer
April11, 2016
Revenues ($ billions)
2011 32.7
33.3 2012
34.52013
35.2 2014
35.7 2015 2015 2015
2011
2012
2013
2014
Return on equity (%)
4.3
11.9
11.0
13.3
10.6
2011
2012
2013
2014
1.27
4.36
5.68
5.40
5.19
Operating income* per
diluted common share ($)
*For a definition of this term, please see the definitions of non-GAAP measures on pages 79 and 84.