Best-in-Class Rewards and Benefits
We believe that when you give your best to your work, you should be rewarded for the results. Not surprisingly because were in the business of protecting what matters most to people, we offer a Total Rewards package that provides a variety of benefits for you and your family.
Safeco Total Rewards Package
Compensation
Recognition
Career Growth
Savings Program
Health and Welfare Benefits
Paid Time Away From Work
Assistance, Discounts and Commute
Community Involvement
Compensation
Your paycheck is just one part of what you receive as a Safeco team member. Your individual performance and the performance of the company determine three compensation factors:
- Base salary and the size of annual merit increases
- Annual incentive pay/bonuses
- Stock grants
Recognition
At Safeco, we encourage a culture of recognition, where we celebrate success, recognize individual and team contributions, and reward exceptional results. You may receive recognition rewards for years of service, employee referral hires, driving results that positively impact the company, and demonstrating our Leadership Traits. We show appreciation and recognition from peer to peer, manager to employee, and from our leadership team to the entire Safeco team.
Back to Top
Career Growth
Learning and Development
Safeco is dedicated to continued employee learning and development. Employees receive classroom and on-the-job training, as well as a variety of formal and informal development opportunities.
Advancement Opportunities
There are many ways you can grow your career at Safeco. Employees are encouraged to showcase success in their current roles and then seek lateral and promotional opportunities within our organization. Internal movement enhances both your career and Safeco's growth.
Performance and Career Coaching
Safeco invests in the performance and development of our employees by providing feedback, coaching, and career advice, as well as twice-yearly performance reviews. What you achieve (Business Goals) and how you achieve it (Leadership Traits) are important to your success and the success of Safeco.
Professional Educational Program
Safeco pays expenses for job-related professional designations (such as CPCU, AIC, and ARM).
College Tuition Assistance Program
Safeco offers College Tuition Assistance for work-related courses and to obtain work-related degrees.
Back to Top
Savings Program
Safeco's 401(k) Plan
Our 401(k) plan is highly competitive and assists you in saving for your future. You can contribute immediately upon hire and invest your dollars in an array of top-rate investment options. Safeco matches your 401(k) contributions, up to six percent, on a dollar-for-dollar basis. After just one year of service, the company will contribute three percent of your compensation into the 401(k) plan.
Health and Welfare Benefits
Medical Coverage
We know that quality healthcare is very important to our employees. We ensure that our medical plans include Preferred Provider Organization (PPO) choices with open access to a wide network of physicians and hospitals. Employees select plan design details that best meet their coverage needs.
You can customize and personalize Preferred Provider Organization (PPO) medical coverage by selecting your deductible, co-insurance, and co-payment levels. Four tiers of coverage are available: Employee Only, Employee + Child(ren), Employee + Spouse/Partner, and Family. We share the cost of your medical coverage with you. You contribute your portion of the payment through payroll deductions on a pre-tax basis. We also offer HMO coverage at select offices.
Along with Medical Coverage, there are a variety of options for Dental, Vision, Short- and Long-Term Disability, Life, and Accident coverage.
Safeco also offers a wellness and chronic-condition management program that is available to all employees, regardless of whether you choose to participate in a medical plan.
Flexible Spending Accounts
Healthcare and dependent-care flexible spending accounts allow you to save money by lowering your taxable income. Set aside salary on a pre-tax basis to pay for the healthcare and dependent-care expenses you incur during the calendar year.
Back to Top
Paid Time Away From Work
Vacation
When you're hired, you receive a pro-rated share of a two-week vacation grant. Thereafter, we grant vacation annually in January. Starting in your third year of employment, you are granted three weeks. You can purchase additional vacation days each year.
Holidays
Employees have nine paid holidays each year, plus two personal holidays of their choice.
Sick Time
You are eligible for one week of sick leave when you join the company, and two weeks of leave on January 1st of every subsequent year.
Assistance, Discounts, and Commute Programs
Work/Life and Employee Assistance Program (EAP)
EAP is a free, confidential information and referral service for you and your family that includes child/family counseling, and assistance for adoption, adult/elder care, and legal and financial matters. Up to three counseling sessions per year or per need are available for you and your family.
Employee Discount Program
Save time and money with online access to a variety of discounted products and services.
Property and Casualty Insurance Savings
Safeco employees can purchase personal auto and homeowners insurance policies at a discounted price.
Commute Options
Safeco provides commuting options that help employees save money, reduce stress, and preserve the environment. A variety of inexpensive transportation programs encourage employees to leave their cars at home and take advantage of commute alternatives. In 2006, Safeco's commute programs were rated 1st among P&C Companies and 11th among Fortune 500 Companies!
Back to Top
Community Involvement
Your Time Plus
When an employee commits 25 hours or more within a calendar year to a charitable organization, Safeco makes a $500 contribution to the organization on the employee's behalf.
Your Gift Plus
When an employee makes a donation of $25 or more to a charitable organization, Safeco matches it dollar for dollar, up to $1,000 per participant, per year.
Employee Giving Campaign
Our Cares Campaign is designed to make giving easy, convenient, and meaningful for each employee. It allows employees to sign up for payroll deductions to support the charities of their choice. Employees can support the organization with a designated amount that we deduct from their paycheck each month. In support of the Giving Campaign, we also offer a companywide Day of Caring with volunteer projects organized across the country. On the Day of Caring, Safeco employees form teams, select their preferred projects, and literally roll up their sleeves to make a difference.
All benefits are subject to eligibility, conditions, and plan rules, and may change without advance notice.
Ready to Apply?
You can search for a job with Safeco by keyword, area of interest, or location. When you find the job that's right for you, create an account and profile to apply.
Back to Top
