Millennials at State Farm Insurance | Comparably
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
EMPLOYEE
PARTICIPANTS
1530
TOTAL
RATINGS
17705
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Millennials at State Farm Insurance

Millennials at State Farm Insurance grade their overall culture a D+; also rating it 60/100, 3 points lower than State Farm Insurance's overall culture as rated by all 1530 employees on Comparably. Millennials are considered more demanding and to have higher expectations than their more experienced colleagues. Three areas millennials working at State Farm Insurance think their company is performing well in are: Team (B-), CEO Rating (C), and Environment, (C).

Work Life Balance & Community Outreach at State Farm Insurance

Millennials working at State Farm Insurance and everywhere else are striving for a balanced life. At State Farm Insurance, the majority of employees are satisfied with their work life balance. The average State Farm Insurance employee receives 20-30 paid days off per year, and socializes with their peers never outside of work. See what employees at State Farm Insurance think about their work life balance.

AnswerPercent
Yes63%
No37%
Are you satisfied with your work/life balance?
AnswerPercent
Unlimited6%
20-30 days33%
15-20 days15%
10-15 days19%
0-10 days27%
How much paid vacation and sick days can you take a year?
AnswerPercent
Weekly9%
Monthly24%
Sometimes43%
Infrequently15%
Never9%
How frequently does your company participate in community outreach?

Mentorship and Professional Growth for Millennials at State Farm Insurance

Within Champaign, IL, 45% of millennials shared they have a mentor. At State Farm Insurance, 33% of millennials say they receive mentorship, which leads to the assumption that State Farm Insurance is a great place to work for millennials focused on their professional growth. See what employees think about mentorship and professional growth at State Farm Insurance.

AnswerPercent
Yes33%
No67%
Do you have a mentor at work?
AnswerPercent
Yes49%
No51%
Is your company invested in your career growth?

Sentiment Toward Perks & Benefits at State Farm Insurance

Employees at State Farm Insurance have ranked their perks and benefits in the Top 50% of companies within Champaign, IL and in the Bottom 40% of similarly-sized companies on Comparably. When asked to estimate how much employees think State Farm Insurance spends on their benefits, the most common answer selected is less than $500/mo. If State Farm Insurance employees had to select additional benefits not already provided it would be gym/health club membership and massage therapy. Learn about perks & benefits at State Farm Insurance.

AnswerPercent
Yes60%
No40%
Are you satisfied with your Benefits?
AnswerPercent
Yes66%
No34%
Do your company's benefits play a part in staying at that company?
AnswerPercent
Paid Time Off10%
Career Training12%
Decision Making15%
Fun Culture45%
Retirement Contribution18%
What Doesn't Your Company Provide, that You Want?

Retaining Millennials at State Farm Insurance

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

AnswerPercent
Yes69%
No31%
Would you leave your current job for a 20% raise at a different company?
AnswerPercent
Yes47%
No53%
Do Your Company Leaders Do What They Should to Retain You as an Employee?
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