Health and Wealth
Medical, dental and vision insurance
State Auto provides group medical, dental and vision insurance to new associates with no waiting period. Open enrollment occurs each year allowing associates to make changes to their benefit elections.
Flexible spending accounts
State Auto offers Health Care Reimbursement and/or Dependent Care accounts to associates. These accounts allow you to direct a portion of your pay on a pre-tax basis into an account to be used for out-of-pocket medical, dental, vision or daycare expenses.
State Auto provides life insurance equal to one time your annual salary at no cost. In addition, associates can purchase additional life insurance on themselves, their spouse and/or dependents.
Retirement savings plan
State Auto offers a 401(k) plan with a company match of 3.5% on the first 6% of pay you contribute. There is a 90-day waiting period to participate in the 401(k) plan.
In addition to the company match, State Auto automatically contributes an amount equal to 5% of your pay to your 401(k) account as a contribution to your retirement savings.
Employee Stock Purchase Plan (EPP)
The company allows associates to purchase shares of State Auto Financial Corporation common stock through payroll deduction and dividend reinvestment. Shares are purchased at a discount of at least 15% and enrollment in the plan occurs twice a year.
Culture and Balance
Time away from work
The company provides several different types of paid time away from work. Vacation, holidays, personal holidays, personal emergency absence and bereavement. Short-term disability and long-term disability are also provided to associates at no cost.
State Auto provides an annual profit sharing program and a bonus program that offers associates the opportunity to earn a cash bonus payment for making significant contributions to the success of the organization within a six-month performance period.
State Auto chooses to be an active supporter of its various neighborhoods, utilizing the talents of its people and some of its capital. We have created a unique program called Invest a Day, which grants each associate a paid volunteer day in his or her community. Learn more about our commitment to our communities.
State Auto believes “wellness” is work-life balance, as well as mental, physical and financial well being. Many tools and programs are in place to help associates achieve wellness in all aspects of their lives.
State Auto provides many other benefits such as:
- Vacation purchase program
- Flexible work schedule
- Tuition assistance
- Employee assistance program
- Health and exercise promotion program
- Free parking
- and much more.