State Farm Insurance Executive Salaries | Comparably
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State Farm Insurance Claimed Company
At State Farm®, our mission is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams. We are passionate and driven to create possibilities, and we’re serious about being here to help life go right™ for customers by providing solutions for all of life’s moments. read more
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1546
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State Farm Insurance Executive Salaries

Key Executives

Name
Title
Salary
Total Comp Total Compensation includes both short-term and long-term benefits, option grants, salary, bonuses, company perks, etc. that can be used to determine financial benefits. An executive may or may not realize all of the Total Co mpensation during their tenure at the Company. Values of the benefits may change over time.
Michael Tipsord CEO / President
Michael Tipsord
CEO / President
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The average State Farm Insurance executive compensation is $235,744 a year.The median estimated compensation for executives at State Farm Insurance including base salary and bonus is $235,395, or $113 per hour. At State Farm Insurance, the most compensated executive makes $700,000, annually, and the lowest compensated makes $50,000.

Comparably has a total of 55 salary records associated with State Farm Insurance employees. 936 employees at State Farm Insurance rank their Compensation in the Bottom 45% of similar sized companies on Comparably (based on 2886 ratings) while 900 employees at State Farm Insurance rank their Perks And Benefits in the Bottom 40% of similar sized companies on Comparably (based on 966 ratings).

Last updated months ago.

$110k
$170k
$230k
$375k
$515k
$652k
$700k
$235,744*
Average Compensation
$235,395*
Median Compensation

* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.

Who ranks the Executive Team the highest?
Ethnicity - Native American 90/100
Department - Legal 83/100
Department - Sales 74/100
Who ranks the Executive Team the lowest?
Department - Customer Success 37/100
Gender - Non-Binary 40/100
Department - IT 40/100

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