Pros
Extremely competitive benefits! 6% 401K Match and, at the time, an additional automatic 4% 401K contribution. Health insurance cost only fairly priced. Post-Covid, many offices went full-remote and during Covid Farmers was quick to adapt and implement effective WFH procedures. Work Culture is excellent, but can depend on the manager. Some are flexible and results-oriented, others can be rigid and task-oriented. Generous and universal Paternity/Maternity leave. Many employees stay long-term for this benefit alone. Commitment to innovation and procedural improvement, lots of automation opportunity and management is receptive to guidance. However, automation is self-directed, if something sucks leadership expect a grassroots solution instead of investing time/money. "Doing more with less" is a common response.
Cons
Pay is average, neither good nor bad. However, bonus pool has struggled at times. Promotion largely based on tenure or being a favorite of leadership. Can lead to rapid promotion and pay increases, but also jealous relationships with co-workers. Also, people have been promoted before they are ready, leading to being punished during year-end evaluations or re-organizations. Frequent reporting structure changes and re-orgs. Had 3 different organization changes over 3 years. A little bit of a "deck chairs on the titanic" problem. Certain departments dominate decision making, hampering Farmers speed-to-market. Analysts and PMs make changes where they can but struggle to get buy-in from other stakeholders.
