MEMIC Claimed Company

We're a leading workers' comp insurer with roots in Maine and policyholders across the Eastern Seaboard. Workplace safety is our passion. read more

EMPLOYEE PARTICIPANTS: 28

TOTAL RATINGS: 461

CEO: Michael Bourque

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MEMIC Retention Score

MEMIC is in the Bottom 45% of similar sized companies in its ability to retain quality employees. 33% of employees would not leave MEMIC if they were offered a job for more money while 67% are excited to go to work each day. Overall, 33% of MEMIC's employees feel the company is doing what it should to retain them while 67% may be considering new employment. Quality employees are difficult to find which makes retaining them all the more important.

Last updated 2 months ago.

Where This Score Ranks MEMIC's Retention

BOTTOM
45%
In the Bottom 45% of 2032 Similar Sized Companies on Comparably
5th
5th place versus 5 competitors rated on Comparably

Jan

Mar

Sep

Jan

Mar

C68 / 100

Jan

Who Ranks MEMIC's Retention the Highest?

Experience - 6 to 10 Years 97/100

Experience - 3 to 6 Years 71/100

Gender - Female 62/100

Who Ranks MEMIC's Retention the Lowest?

Ethnicity - Caucasian 58/100

MEMIC Retention At a Glance

MEMIC's Retention score is rated a "C" by 28 employees. The category helps understand MEMIC's focus and commitment to retaining employees in their organization.

Over the past three months, MEMIC's Retention score has remained steady at 68/100. MEMIC ranks in 5th place versus 5 competitors which include Travelers, Liberty Mutual Insurance, Berkshire Hathaway, Zurich North America, and AIG.

MEMIC's Retention score is in the Bottom 45% of 2032 similar sized companies (201-500 Employees) on Comparably.

MEMIC's Retention Trendline

MEMIC69
Similar Size on Comparably

How MEMIC's Retention Score is Calculated

Answer	Percent
Yes	75%
No	25%

Do you believe you're paid fairly?

Answer	Percent
Yes	89%
No	11%

Do you look forward to interacting with your coworkers?

out of 100

How would you rate the quality of your coworkers?

Answer	Percent
Yes	67%
No	33%

Are you typically excited about going to work each day?

Answer	Percent
Every week	50%
Once a month	0%
Once a quarter	0%
Once a year	25%
Never	25%

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

Answer	Percent
Yes	40%
No	60%

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

Answer	Percent
Yes	33%
No	67%

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

Answer	Percent
Very Secure	0%
Secure Enough	50%
Neutral	0%
Insecure	0%
Very Insecure	50%

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

Answer	Percent
Yes	33%
No	67%

Do you have a close friend at work?

Answer	Percent
Yes	75%
No	25%

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

Answer	Percent
Multiple times a week	0%
Once a week	0%
Once a month	0%
Once a quarter	0%
Never	100%

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

Answer	Percent
Yes	67%
No	33%

Do you feel burnt out at work?

Answer	Percent
Yes	75%
No	25%

Are you challenged at work?

Answer	Percent
Yes	33%
No	67%

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

Answer	Percent
Yes	40%
No	60%

Are you proud to be a part of your company?

MEMIC's Retention Rank Against Similar Sized Companies on Comparably

BOTTOM

45%

MEMIC ranks in the Bottom 45% of other companies on Comparably with 201-500 Employees for Retention Score.

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