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The average salary at Farm Bureau Insurance Michigan is approximately $50,225 per year. Salaries vary significantly among different departments and positions. For instance, roles in management may offer higher compensation compared to entry-level positions. It's essential to consider these differences when evaluating job opportunities within the company. Additionally, examining competitors' salaries can provide valuable insights into industry standards and potential earnings. Recently added salary data further illustrates compensation trends.
Understanding salary structures can guide prospective employees in making informed career decisions. Farm Bureau Insurance Michigan offers a range of positions across departments, each with unique salary benchmarks. For those starting their careers, knowing the starting pay and salary growth potential is crucial. This information helps align expectations with actual compensation, fostering a clearer understanding of one's career path within the organization.
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Salaries at Farm Bureau Insurance Michigan vary depending on the department you work in. Farm Bureau Insurance Michigan salaries in the engineering department are the highest with an average salary of $89,733. Employees in the it department at Farm Bureau Insurance Michigan receive relatively high salaries as well, with an average salary of $77,096 per year. Departments that don't pay as well at Farm Bureau Insurance Michigan include the customer service and the administrative organizational functions, with employees earning average salaries of $34,292 and $37,797, respectively.
| Rank | Department | Average Farm Bureau Insurance Michigan salary | Hourly rate |
|---|---|---|---|
| 1 | Engineering | $89,733 | $43.14 |
| 2 | IT | $77,096 | $37.07 |
| 3 | Finance | $60,321 | $29.00 |
| 4 | Sales | $55,694 | $26.78 |
| 5 | Administrative | $37,798 | $18.17 |
| 6 | Customer Service | $34,292 | $16.49 |
Average salaries at Farm Bureau Insurance Michigan competitors, like Sterling Bancshares, Federal Deposit Insurance, and Resourcing Edge, vary. Sterling Bancshares employees earn the highest salaries, with an average yearly salary of $78,290. The average salary at Federal Deposit Insurance is $71,995 per year, and the average salary at Resourcing Edge is $70,946 per year.
| Rank | Company name | Zippia score | Average salary |
|---|---|---|---|
| 1 | Sterling Bancshares | 4.2 | $78,290 |
| 2 | Federal Deposit Insurance | 4.8 | $71,995 |
| 3 | Resourcing Edge | 4.0 | $70,946 |
| 4 | Ironshore Insurance | 4.8 | $64,465 |
| 5 | Credit Union National Association | 4.3 | $63,524 |
| 6 | American Farm Bureau Federation | 4.3 | $63,146 |
| 7 | Thrivent | 4.4 | $59,973 |
| 8 | American Income Life Insurance | 4.2 | $56,550 |
| 9 | Fidelity Life | 4.0 | $52,191 |
| 10 | Colonial Life | 4.9 | $49,867 |
| 11 | Property & Casualty Insurance Guaranty Corp | 4.4 | $49,123 |
| 12 | Tennessee Farmers Mutual Insurance Company Inc | 4.2 | $47,363 |
| 13 | North Carolina Farm Bureau Mutual Insurance | 4.0 | $45,899 |
| 14 | American Life Insurance Company | 4.8 | $45,410 |
| 15 | TROXELL | 4.1 | $43,176 |
| 16 | Allstate | 4.6 | $42,604 |
| 17 | United Life Insurance Company | 4.2 | $42,562 |
| 18 | Advanced Insurance Underwriters | 3.8 | $41,211 |
| 19 | Professional Insurance Associates | 4.0 | $40,678 |
| 20 | Colorado Insurance | 4.0 | $38,693 |
Zippia gives an in-depth look into the details of Farm Bureau Insurance Michigan, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Farm Bureau Insurance Michigan. The employee data is based on information from people who have self-reported their past or current employments at Farm Bureau Insurance Michigan. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Farm Bureau Insurance Michigan. The data presented on this page does not represent the view of Farm Bureau Insurance Michigan and its employees or that of Zippia.
Farm Bureau Insurance Michigan may also be known as or be related to Farm Bureau Insurance Michigan, Farm Bureau Insurance Of Michigan, MICHIGAN FARM BUREAU and Michigan Farm Bureau.