State Farm reviews

3.4

52% would recommend to a friend

(5,934 total reviews)
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Jon Farney

50% approve of CEO

47% positive business outlook

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6K reviews

Reviews about "Compensation"

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5.0
Dec 6, 2024
Recommend
CEO approval
Business Outlook

Pros

State Farm is among the top insurers in the country. If you plan to have your own agency this is the place to start. Their agent aspirant program is top notch. State Farm agents are usually the highest paid in the undustry.

Cons

As a team member, you essentially have the same licenses as the Agent themselves, minus maybe a series 6 license. But you will typically make minimum wage plus commission. You are an employee to the agent and answer to them. You do not receive any State Farm benefits unless the agent you work for offers them.

4.0
Dec 6, 2024
Recommend
CEO approval
Business Outlook

Pros

Management is very helpful and wants to see you succeed. Benefits are good and healthcare options are good. Good job to support a family. Pto is good

Cons

Workload is tough. You will always have something to do and the training only teaches you enough to get started and you will have to learn on the fly and rely on peers to learn new skills

1.0
Dec 5, 2024
Recommend
CEO approval
Business Outlook

Pros

Big name corporation, so looks good on resume

Cons

Horrible environment. Very understaffed, so every adjuster has hundreds of claims. The organization will constantly hold an auto-transfer over the adjusters' heads of being placed in the next level of adjusting= Litigation/Fatalities/etc. but while your workload will increase substantially, your pay does not. You don't receive a raise for being forced into the next level of adjusting. Old company=Old people=Old mindsets means, they look down on higher degrees. Most of the management has completed the CPCU, which is provided by the organization if you want to complete it. This is a nice benefit, however when you're interviewing for other positions, the managers will talk down to you if you have an MBA or any other advanced degree. Higher, more well-rounded degrees are not looked favorably upon there. If you don't have a CPCU, you won't advance. It doesn't matter what degree you have. If you have anything above an MBA, you are treated worse. It's like they're envious of another's accomplishments. Since I've left, I have been sought out by colleagues who are still there, and the culture is apparently worse than when I was there. I have heard they only require 1-day/week in the office, which is nice. Hope this helps, and no, I would never work there again. One other thing, you will have so much work that the weight of the stress will constantly be on your mind. However, you won't get in trouble if you don't do all of your work, unless you are voluntold to go to the next level of adjusting without a raise, so I would suggest spending your time looking for another job. If your claim load gets too high, they'll just transfer the volume to someone else.

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