Pay has always been below average--Now employment benefits are eroding too! - Anonymous employee State Farm Employee Review

1.0
Jun 2, 2016
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Stability--well, it used to be...Working for a mutual company used to be viewed as synonymous with stability, but with employees across the country being forced into regional Hubs, employee benefit changes that hurt even the most tenured, and an ever increasing focus on numbers--the outlook is not good.

Cons

The company's salaries have never been its forte, but people used to put up with it for the sake of stability and a manageable work-life balance. Ever since leadership at the highest levels has regrouped, the company feels like it needs to please "investors." there's a tremendous amount of effort on cutting expenses, but at the sake of hurting the bottom line by asking for higher performance without higher pay--not even to keep up with the cost of living--much less the competition.

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5.0
Jun 1, 2026
Recommend
CEO approval
Business Outlook

Pros

Great leadership, great culture, work-life balance

Cons

Very fast-paced work, pay could be higher

3.0
Mar 8, 2018
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

(At the time) Fair pay and predictable bonus structure They were pretty good at covering travel expenses and paying them back quickly Diverse workforce & diversity initiatives Fun and funny coworkers Opportunities for growth Again, this was all four years ago and has likely changed

Cons

(At the time and now, according to other comments) Arrogant to a fault Total lack of innovation & willingness to innovate Odd attachment to the company's past (which prevents progress) High number of veterans (20+ years) who are determined to get that retirement money, and therefore, are resistant to change and technology Heavy reliance on command and control management style Poor decision-making that leads to losses of all kinds

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