Millennials at Farmers Insurance | Comparably
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Farmers Insurance Claimed Company
Farmers provides home, auto, commercial and life insurances and financial services. read more
EMPLOYEE
PARTICIPANTS
407
TOTAL
RATINGS
5597
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Millennials at Farmers Insurance

Millennials at Farmers Insurance grade their overall culture a C; also rating it 65/100, 6 points higher than Farmers Insurance's overall culture as rated by all 407 employees on Comparably. Millennials are considered more demanding and to have higher expectations than their more experienced colleagues. Three areas millennials working at Farmers Insurance think their company is performing well in are: Team (B), Environment (B+), and Work Culture, (B).

Work Life Balance & Community Outreach at Farmers Insurance

Millennials working at Farmers Insurance and everywhere else are striving for a balanced life. At Farmers Insurance, not many employees are satisfied with their work life balance. The average Farmers Insurance employee receives 15-20 paid days off per year, and socializes with their peers never outside of work. See what employees at Farmers Insurance think about their work life balance.

AnswerPercent
Yes29%
No71%
Are you satisfied with your work/life balance?
AnswerPercent
Unlimited4%
20-30 days16%
15-20 days36%
10-15 days12%
0-10 days32%
How much paid vacation and sick days can you take a year?
AnswerPercent
Weekly32%
Monthly18%
Sometimes27%
Infrequently18%
Never5%
How frequently does your company participate in community outreach?

Mentorship and Professional Growth for Millennials at Farmers Insurance

Within Los Angeles, 38% of millennials shared they have a mentor. At Farmers Insurance, 54% of millennials say they receive mentorship, which leads to the assumption that Farmers Insurance is a great place to work for millennials focused on their professional growth. See what employees think about mentorship and professional growth at Farmers Insurance.

AnswerPercent
Yes54%
No46%
Do you have a mentor at work?
AnswerPercent
Yes53%
No47%
Is your company invested in your career growth?

Sentiment Toward Perks & Benefits at Farmers Insurance

Employees at Farmers Insurance have ranked their perks and benefits in the Bottom 20% of companies within Los Angeles and in the Bottom 25% of similarly-sized companies on Comparably. When asked to estimate how much employees think Farmers Insurance spends on their benefits, the most common answer selected is less than $500/mo. If Farmers Insurance employees had to select an additional benefit not already provided it would be massage therapy. Learn about perks & benefits at Farmers Insurance.

AnswerPercent
Yes52%
No48%
Are you satisfied with your Benefits?
AnswerPercent
Yes57%
No43%
Do your company's benefits play a part in staying at that company?
AnswerPercent
Paid Time Off8%
Career Training25%
Decision Making25%
Fun Culture17%
Retirement Contribution25%
What Doesn't Your Company Provide, that You Want?

Retaining Millennials at Farmers Insurance

It’s difficult to retain a millennial, and all three aforementioned sections listed bear importance. To recap, Farmers Insurance employees rate their work life balance a C. They do not think highly of Farmers Insurance's professional growth opportunities. Employees have graded Farmers Insurance's perks and benefits a D+. These ratings and reviews lead us to conclude that Farmers Insurance is a suitable company for the millennial workforce. Learn more about Farmers Insurance's efforts to retain employees.

AnswerPercent
Yes77%
No23%
Would you leave your current job for a 20% raise at a different company?
AnswerPercent
Yes41%
No59%
Do Your Company Leaders Do What They Should to Retain You as an Employee?
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