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Our Total Rewards programs allows you
to choose the benefits that work for
you and your family.

Learn more

Employee Benefits

Total Rewards is your benefits and compensation package and is comprised of 4 elements: Compensation benefits, Retirement benefits, Health benefits, and Work/Life benefits.  

For more specifics about your new benefits, review the New Hire Benefits Guide. Use the clickable table of contents on page 3 to easily navigate to the information that you want to review. Each page has a blue "Return to TOC" button which will bring you back to the table of contents.

  1. Compensation

    Your compensation includes your salary and incentive pay, as well as our spot bonus program. Paydays are the 15th and last day of the month. Our compensation programs support our pay for performance philosophy in the following components:

    Base Salary:
    Farmers Insurance is dedicated to providing its employees with a competitive base salary program designed to attract, motivate, and retain well-qualified personnel. This program recognizes position responsibilities and provides equal pay opportunities for employees doing equal work.

    Annual Merit Performance Increase:
    Base salary may be adjusted according to our pay for performance, which is an integral part of the Compensation Management program. The performance of every employee is reviewed by his or her supervisor to determine contribution to department goals and objectives. A performance salary increase is granted accordingly.

    Spot Bonus:
    The Spot Bonus program is a discretionary program designed to provide an immediate award for an outstanding contribution, which is above and beyond normal job duties. All regular employees are eligible for this program.

    The Short Term Incentive Plan reinforces the pay for performance philosophy which links the business performance with individual performance. STIP is an incentive amount paid to an individual designed to motivate, focus and reward employees for successfully achieving specific organizational and individual performance objectives.

    Total Rewards Statements:
    Employees receive a Total Rewards statement annually, which provides an overview of the compensation and benefits received in the prior year as well as details about their individual compensation and benefits package for the current year.

  2. Retirement

    Farmers provides two valuable retirement benefit plans – the Farmers Group Inc. 401(k) Savings Plan* and the Farmers Group Inc. Employees’ Pension Plan. Both plans are administered by Vanguard. To learn more about our retirement plans, review our 2014 New Hire Benefits Guide or visit the Vanguard website at:

    For important information regarding the Farmers Group Inc. 401(k) Savings Plan, review the following document: 401(k) Plan Fee Disclosure Notification.

    *Please note: A few weeks after your start date, you will receive a letter from Vanguard with more information about enrolling in the Farmers Group Inc. 401(k) Savings Plan.

  3. Health

    Complete details about your medical plan options can be found in you New Hire Benefits Guide.

    To learn more about Health Savings Accounts, which can be used with our Choice Plus HSA, Choice Max HSA and Choice Premier HSA medical plans, view the following informational videos:

    For an overview of our HealthFirst Plus program, view this short video:

  4. Work/Life

    Your Work/Life benefits include a variety of programs such as career development, tuition assistance, paid time off, adoption assistance, legal services, the Employee Assistance Program, membership in the Farmers Insurance Group Federal Credit Union, and more.

    Once you have started at Farmers, you will be able to review detailed information about each of these programs on our company intranet website called “Farmers Today.”

Got questions? Get answers

You can find most information about your benefits by reviewing your New Hire Benefits Guide, Frequently Asked Questions and Resources pages. Once you start, you will be able to get even more detailed information by accessing the “Benefits and Policies” section of our Group Employee Management System (GEMS). If, after checking online, you can’t find the answer to your question, call the HR Service Center at (888) 599-3636 or send an e-mail to The HR Service Center is available from 5 a.m. to 4 p.m. PST.