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At Farmers Insurance, employees’ ideas aren’t merely listened to—they’re acted upon. Employee-led innovations come straight from the company’s physical and virtual labs, iLab and xLab, where employees brainstormed the idea to use virtual reality as a training solution, including a course around homeowners’ water losses, in partnership with VR company Talespin. Additionally, for employees in need because of emergencies, colleagues can donate to the Farmers Family Fund via payroll contributions to help their coworkers through hardships. As of recently, the fund has distributed $2.4 million in grants. “I have worked for another large company in my career. It came nowhere near what Farmers is when it comes to taking care of their employees and providing a positive work environment,” gushes one employee.

Read the Great Place to Work review.

Company Info

Employees and job openings are U.S.-only.
Rank last year91
Years on list
2
HQ location
Woodland Hills, Calif.
Employees19,844
Job openings (as of February 2020)849
Industry
Financial Services & Insurance
Revenue, 2019 or most recent year ($M)$11,650
Year founded
1928
Type of organization
Private
Number of work sites144
Websitehttps://www.farmers.com

Perks

100% health coverage
no
Unlimited sick days
no
Telecommuting
yes
Job sharing
no
Subsidized childcare
no
Compressed work weeks
yes
Fully-paid sabbaticals
no
On-site fitness/subsidized gym
yes
On-site medical care facility
no
Non-discrimination policy includes sexual orientation
yes
Health insurance for part-timers
yes
Sick days for part-timers
no
College tuition reimbursement
yes
Student loan debt repayment
no
Medical facility at all locations
no

Diversity

% Women51.2%
% Minorities26.5%
% African-American/Black8.4%
% Asian7.1%
% Caucasian/White72.5%
% Hispanic/Latino7.1%
% Native American/Alaska Native0.6%
% Native Hawaiian/Pacific Islander0.3%
% Two or more races3.1%
% Unknown ethnicity1%
Date info provided
Aug. 27, 2019

Paid Time Off

PTO limit (days)29
# Sick days
19

Compensation

Most common job (for salaried employee)-
Avg. base pay (salaried)-
Avg. extra compensation (salaried)-
Total pay for most common job (salaried)-

Hiring/Staffing (Past 12 Months)

Full-time and part-time job growth-3%
# of job applicants61,357
Avg. # of applicants per opening11
# New graduates hired304