As a leader in the insurance and financial services industry, it is our intent at State Farm to attract, motivate, and retain high-skill, high-will employees. Offering a pay for performance compensation program is just one way in which we do this.
Providing a competitive pay package
Our compensation package is designed to reward high performers and be flexible in meeting a variety of business needs. It includes:
- Competitive starting salaries that consider the local labour market and a candidate's skills, knowledge, and experience
- Salary ranges that are reviewed annually to ensure that the ranges are competitive to the external labour market.
- Annual performance assessment reviews that measure an employee's results and competencies against goals
- Annual merit and incentive reward opportunity
- Promotional opportunity
We are proud to offer a comprehensive performance and rewards package – just one of the many reasons why State Farm is a great place to work!
