Reaping rewards
Farmers Claims people work hard – and enjoy the fruits of our labor.
In addition to highly competitive base salaries, every Farmers employee participates in a comprehensive employee benefits program. It offers:
- A 401(k) Savings Plan and Cash Balance program, co-funded by Farmers and the employee.
- Our Short-Term Incentive Plan, which offers an additional annual incentive payout based on company and individual performance.
- A number of medical plan options to best suit each employee’s needs, plus dental and vision options.
- Options Plus Accounts that enable employees to set aside pre-tax dollars for reimbursement of health and dependent care expenses.
- A company-paid life insurance policy, equal to one year’s base pay, with an option to purchase additional coverage.
- Accidental Death & Dismemberment, Dependent Life, Long- and Short-Term Disability coverage options.
- A company-paid Employee Assistance Program, with counseling services and a 24-hour hotline.
- And a pool of paid-time-off days each year, to be used for vacation, personal time, family illness and sick days.