Farmers Insurance

100 Best Companies 2020-Farmers Insurance
Courtesy of Farmers InsuranceCourtesy of Farmers Insurance

    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

    Rank last year91
    Years on list2
    HQ locationWoodland Hills, Calif.
    Job openings (as of February 2020)849
    IndustryFinancial Services & Insurance
    Revenue, 2019 or most recent year ($M)$11,650
    Year founded1928
    Type of organizationPrivate
    Number of work sites144


    100% health coverageNo
    Unlimited sick daysNo
    Job sharingNo
    Subsidized childcareNo
    Compressed work weeksYes
    Fully-paid sabbaticalsNo
    On-site fitness/subsidized gymYes
    On-site medical care facilityNo
    Non-discrimination policy includes sexual orientationYes
    Health insurance for part-timersYes
    Sick days for part-timersNo
    College tuition reimbursementYes
    Student loan debt repaymentNo
    Medical facility at all locationsNo


    % 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 providedAug. 27, 2019

    Paid Time Off

    PTO limit (days)29
    # Sick days19


    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