Safeco Insurance Compensation Employee Reviews | Comparably
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EMPLOYEE
PARTICIPANTS
24
TOTAL
RATINGS
185

Safeco Insurance Compensation Employee Reviews

What is the best part about your compensation package?

We're privately held so we don't have stock/equity, at least not at the individual contributor level. We do get a bonus, but of course the fin services industry isn't particularly competitive. Also, benefits admin has improved, but we still use the terrible EyeMed plan instead of VSP for eyecare

Generally good merit increase process. At least I understand the basis for my annual increase

Why do you feel undervalued and what would make you feel better about your compensation?

There is a huge discrepancy between the salary and the work load/expectations. They either need to hire a lot more people, or pay their existing employees a lot more to compensate for the burn out.

You can read all about the experiences with your company on my social media posts, letters to 2 state senators, letter to the local news station & the Fl. Dept. of Insurance. I will keep pushing buttons until I get a response & get this wrong corrected

Review Sentiment at Safeco Insurance

17
17%
83
83%

About Safeco Insurance's Compensation

D
52/100

Where This Score Ranks Safeco Insurance's Compensation

BOTTOM
20%

In the Bottom 20% of 2155 similar size companies on Comparably

BOTTOM
15%

In the Bottom 15% of 255 companies in Boston

5th

5th place versus 5 competitors rated on Comparably

10 employees at Safeco Insurance score their wages and compensation a D on average. As a testament to this, when employees are asked “Do you believe you're paid fairly?”, 50% say Yes. If you want detailed data about Safeco Insurance's wages, see the <a href="https://www.comparably.com/companies/safeco-insurance/salaries">wage breakdown by department, job titles, locations, and more.</a>

Rate Compensation the Highest

  • Ethnicity - Caucasian
    +9%
  • Gender - Male
    -6%

Rate Compensation the Lowest

Not Enough Ratings To Show Who Ranks Compensation the Lowest
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How Safeco Insurance's Compensation Score is Calculated

FILTER RATINGS BY

Results from 10 Employees in All Departments, All Genders, All Ethnicities and All Yrs. Experience Experience

AnswerPercent
Yes50%
No50%
Do you believe you're paid fairly?
AnswerPercent
Yes37%
No63%
Are you satisfied with your Benefits?
AnswerPercent
Yes0%
No0%
Does your company give annual bonuses?
AnswerPercent
Every 6 months or less0%
Every year0%
Every 2 years0%
Every 3 years or more0%
Never0%
How often do you get a raise?
×
Rate your company