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MetLife Raises U.S. Minimum Wage to $20 an Hour

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MetLife, Inc. (NYSE: MET) announced today that it is increasing its investment in its employees and strengthening their financial security by raising its U.S. minimum wage to $20 an hour.

“By raising our minimum wage, we’re offering security and confidence to our people just as we do our customers,” said MetLife President and CEO Michel Khalaf. “It is our employees who help us deliver on the promises we make, so their well-being is paramount.”

The new minimum wage is the latest in a series of investments the company has made to develop its workforce over the past several years. Since launching its $10 million Workforce of the Future Development Fund in 2018, MetLife has made additional investments in customized training and career path development, helping to prepare its employees for the future while accelerating a culture of learning and innovation.

About MetLife

MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the world’s leading financial services companies, providing insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate their changing world. Founded in 1868, MetLife has operations in more than 40 markets globally and holds leading positions in the United States, Japan, Latin America, Asia, Europe and the Middle East. For more information, visit www.metlife.com.

MetLife, Inc.

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United States of America
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About MET

metlife, inc. (nyse: met), through its subsidiaries and affiliates (“metlife”), is one of the largest life insurance companies in the world. founded in 1868, metlife is a global provider of life insurance, annuities, employee benefits and asset management. serving approximately 100 million customers, metlife has operations in nearly 50 countries and holds leading market positions in the united states, japan, latin america, asia, europe and the middle east. for more information, visit www.metlife.com. metlife is proud to be an equal opportunity/affirmative action employer. we are committed to attracting, retaining and maximizing the performance of a diverse and inclusive workforce. it is the policy of metlife to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, creed, religion, national origin, alienage or citizenship status, age, sex, sexual orientation, gender identity or expression, marital or domestic/civil partnership status, di