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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

CEO: Raul Vargas

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Farmers Insurance Retention Score

Farmers Insurance is in the Bottom 25% of similar sized companies in its ability to retain quality employees. 58% of employees would not leave Farmers Insurance if they were offered a job for more money while 41% are excited to go to work each day. Overall, 41% of Farmers Insurance's employees feel the company is doing what it should to retain them while 59% may be considering new employment. Quality employees are difficult to find which makes retaining them all the more important.

Last updated a day ago.

Where This Score Ranks Farmers Insurance's Retention

BOTTOM
25%
In the Bottom 25% of 1341 Similar Sized Companies on Comparably
BOTTOM
25%
In the Bottom 25% of 402 Nearby Companies in Los Angeles
5th
5th place versus 5 competitors rated on Comparably

Aug

Sep

Oct

Nov

Dec

D+61 / 100

Jan

Who Ranks Farmers Insurance's Retention the Highest?

Department - Product 89/100

Department - HR 88/100

Department - Marketing 75/100

Who Ranks Farmers Insurance's Retention the Lowest?

Department - Customer Success 49/100

Department - Legal 52/100

Ethnicity - Other 55/100

Farmers Insurance Retention At a Glance

Farmers Insurance's Retention score is rated a "D+" by 387 employees. The category helps understand Farmers Insurance's focus and commitment to retaining employees in their organization.

Over the past three months, Farmers Insurance's Retention score has remained steady at 61/100. Farmers Insurance ranks in 5th place versus 5 competitors which include Travelers, Liberty Mutual Insurance, Allstate, State Farm Insurance, and GEICO. The Product and HR departments are likely to stay at the company the longest, while the Customer Success and Legal departments are likely to have the highest turnaround.

Farmers Insurance's Retention score is in the Bottom 25% of 1341 similar sized companies (10,000+ Employees) on Comparably. The Company ranks in the Bottom 25% compared to 402 nearby companies in Los Angeles.

Farmers Insurance's Retention Trendline

Farmers Insurance61
Other Companies in Los Angeles
Similar Size on Comparably

How Farmers Insurance's Retention Score is Calculated

Answer	Percent
Yes	48%
No	52%

Do you believe you're paid fairly?

Answer	Percent
Yes	76%
No	24%

Do you look forward to interacting with your coworkers?

out of 100

How would you rate the quality of your coworkers?

Answer	Percent
Yes	41%
No	59%

Are you typically excited about going to work each day?

Answer	Percent
Every week	24%
Once a month	27%
Once a quarter	11%
Once a year	16%
Never	22%

How often do you get valuable feedback on how to improve at work?

Answer	Percent
Yes	62%
No	38%

Do you approve of the job your executive team is doing at your company?

Answer	Percent
Yes	41%
No	59%

Do Your Company Leaders Do What They Should to Retain You as an Employee?

Answer	Percent
Very Secure	28%
Secure Enough	20%
Neutral	8%
Insecure	28%
Very Insecure	16%

How secure do you feel your job is at your company?

Answer	Percent
Yes	80%
No	20%

Do you have a close friend at work?

Answer	Percent
Yes	77%
No	23%

Would you leave your current job for a 20% raise at a different company?

Answer	Percent
Multiple times a week	24%
Once a week	4%
Once a month	10%
Once a quarter	29%
Never	33%

How often do you socialize with team members outside of work?

Answer	Percent
Yes	80%
No	20%

Do you feel burnt out at work?

Answer	Percent
Yes	65%
No	35%

Are you challenged at work?

Answer	Percent
Yes	58%
No	42%

Would you turn down a job offer today, for slightly more money?

Answer	Percent
Yes	50%
No	50%

Are you proud to be a part of your company?

Farmers Insurance's Retention Rank Against Similar Sized Companies on Comparably

BOTTOM

25%

Farmers Insurance ranks in the Bottom 25% of other companies on Comparably with 10,000+ Employees for Retention Score.

Farmers Insurance's Retention Rank Against Other Companies Nearby

BOTTOM

25%

Farmers Insurance ranks in the Bottom 25% of other companies in Los Angeles for Retention Score.

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