Glenn T. Shapiro President, Allstate Personal Lines Total Compensation $4,613,043 Pay Rank By Title In Insurance industry #1 Salary.com
SKILLS ASSESSMENT CONTENT
Providing some insight to what the “Assessment” will entail. If chosen to take the assessment, it will Include: Adaptive Personality Test “ADEPT-15” ~20 min to complete non-exempt through band D: “motionChallenge” measures planning capability... — read more
High Exec just announced retirment
One of the execs, who was put as the head of PIP claims countrywide just announced her retirement. Wondering if there is more to follow...
For those who have been paying attention, the writing has been on the wall for years
Tom Wilson has been looking to trim the corporation for years. However, before doing so, he needed people on the senior staff that were not promoted through the ranks at Allstate and did not have loyalty either to the people or the history of the... — read more
Was an Allstate ambassador
I convinced a number of friends and family to do business with Allstate thinking that this loyalty would result in employment security for me..... I felt bad about doing it over the last two years with things like quick photo which is terrible for... — read more
ANGRY
All jobs will be sent to India and Ireland. They already started pilots last year to get the process started with FNOL being outsourced. And just to be clear, what cant be outsourced will be eliminated or automated. Andrew Yang was so right. Allstate... — read more
ATSV layoffs via Skill Assessments
On a call with ATSV leaders and have been told that some employees will be sent a skills assessment to complete. If their skills do not match what Allstate are looking for, redundancy is the next step. Get revising.
Handling is atrocious..
I understand the business decision. My issue is with the handling and communication from the top..Senior leadership should be ashamed of the handling and the “drip drip” nature of the communication. To leave the employees below the director level in... — read more
Life Decisions
What do you plan to do if you job is impacted? Will you get a job with one of the Big 3 or will you rebrand yourself to get out of insurance entirely?
High paid senior executives at Allstate
You can find surveys on the internet where senior executive salaries are ranked by the size of the company, income of the company and number of employees. The Allstate CEO and senior executives are consistently paid significantly higher than peers at... — read more
The next takeaway
For those of you who are not laid off be ready for the next “take away.” Right now less than 10 percent of publicly traded companies have both a 401K and a company funded pension. You can bet that is not lost on the senior staff who is looking to cut... — read more
The company is a reflection of how it treats its employees
It's as simple as that. The success of the accompany hinges on its employees. If you treat everybody with respect and reward their work properly, employees will ALWAYS give it their all and go the extra mile for the company. But when employees are... — read more
Allstate is toxic
I feel terrible for those with tenure. I was in and out of that toxic corporation within 5 years. It is a toxic, unhealthy place to work, much less try to represent. It feels “dirty” to work for a company with no moral compass, while seeing the... — read more
Former employees will also be making decisions
Now that the company has made a business decision that they feel will contribute to future profitability. Laid off employees who currently carry Allstate policies will need to do the same. Currently, I insure 4 autos, one house, one rental... — read more
NJ
Which office will they close? Bridgewater or Moorestown?
Fleecing of America
Stock buybacks and layoffs during a pandemic and recession. Unethical but typical American style Capitalism. We need to change the entire system. Shame on you all! Old rich boomers out of touch with the people who actually work.
Pension
I’m 19 years and 6 months of service....if I am one of the lay-off folks soon and have to leave before making 20 years.....will forfeit whole pension except apparently the cash portion. Lump sum lost would be over 110,000......just doesn’t seem... — read more
So, tell me where the problem lies?
I have worked for Allstate about 30 years. We were always number 2 behind State Farm. They gave us elaborate kick-offs, company picnics, holiday parties, good benefits, pension, vacation, sick days, decent pay. We hired Tom Wilson and Glen... — read more
Allstate PR
Allstate actually has paid employees who check all areas of social media to minimize/spin negative press and comments on Facebook, Twitter, this website etc. Only corrupt companies who’s top executives are dumping their shares and hiding their true... — read more
Allstate Board of Directors should demand to hear Tom Wilson's townhall
The Allstate BOD should demand to hear the most recent Townhall meeting. If anyone of them had a brain they would demand Tom Wilson step down and not get a golden parachute deal. This is why people are so sick of crooked and greedy upper... — read more
Florida MCO
Any word on Florida MCO. How will they handle casualty adjuster? We are a no fault state! Can they even centralize us or reduce us??? Think how many case we handle than go into suit! Rep, Um and lit are too valuable. Any thoughts?
Enough!
Tell everyone.you know to stay away from Allstate, their products and those that support them. As a current employee I am insulted by the arrogant comments about this being basic Business or Economics. The truth is this company will do anything at... — read more
Allstate company trolls
Does anyone think upper mgmt and executives are reading and/or writing some of these comments?
Where is the recording of Tom Wilson's townhall conference call??
Has anyone else noticed that the recording of Tom's townhall where he announced that "thousands" will be laid off has not been released? This is also the same townhall where he kept saying "black people". And using the phrase is offensive to some... — read more
Hiring
So how can they be hiring for LDU Adjusters if they are laying off. Hiring for LDU in Charlotte. Hired new LDU Adjusters after the pandemic. This makes no sense. Confused??
Hiring
So they are hiring for LDU in Charlotte. How can they be hiring if they are going to layoff LDU Adjusters. They were hiring for LDU after the pandemic. Why would you hire and then layoff? Makes no sense!!
This is a VERY important (and timely) article about share buybacks
https://www.washingtonpost.com/outlook/stock-buybacks-gouged-workers-the-measure-stopping-them-comes-too-late/2020/03/27/d6170752-6fcb-11ea-b148-e4ce3fbd85b5_story.html What's wild is the headline itself: "The Stimulus halts a corporate trick... — read more
Layoffs explained for those on the Kool-aid
Th people saying these layoffs make sense after the Trump corporate tax breaks Allstate received and the stock buybacks are company boot licking sheep. Everyone who is a loyal, hard working active Allstate employee should be angry at how this was... — read more
Auto Appraisal
Does anyone have any info on the amount of RIFs that will take place in the auto appraisal dept,, DOCs & field appraisal teams???
Allstate, 2020’s Enron
What they are doing right now (lay-offs in conjunction with buybacks) is one of the most egregious examples of corporate greed this country has seen since the likes of Enron and WorldCom. The executives know it, too. Which is why they don't... — read more
Every employee on Monday (6/29) should do this
Nothing from my post two weeks ago has changed (please refer to it below). The executives will talk til they are blue in the face (pun intended) about the "reasons" why layoffs are necessary: They have been surpassed by Progressive and Geico; they... — read more
Future of LDU Claims
Does anyone know what the plan for LDU claims is?
Assessment
So I was told if you get a assessment, you on the chopping block. If you don't, you are safe. They are getting rid of the MCO's. Getting rid of processors. My manager says this is what she is being told. The RCLs know already who is going. They... — read more
Layoffs
Does anyone know when the first round of layoffs is actually going to happen?
Opposite of transparency
Stop saying we are being transparent at every meeting! You already know who is being cut and why (Greed). A tiny pay cut from top execs and Allstate would meet their goals. This is the worst possible and most unethical time to make job cuts. Just... — read more
More cuts, same amount of work= even worse workload on those who make it THIS ROUND
The people that make this round of cuts will be doing more work with less staff. The workload was already insane due to previous cuts. It’s an unhealthy place to work with people putting in 60 plus hours a week for ok pay. Tom Wilson and other top... — read more
Where is the work going to go?
When the dust settles and the company has been down sized, is not the same amount of work going to be there with less people to do it? Just wondering if there is a plan here other than just saving money.
Career building nonsense
Good job Allstate!!! Announce mass layoffs, I mean transformative growth, then offer career building seminar and limit it to 1000 employees knowing many more would be interested in a company of 30,000+!!! Way to go!!! We are in good hands, full of... — read more
Get out while you can
Get out while you can, I’ve never worked anywhere that truly hates their employees as much as Allstate does. Layoffs, the ridiculous “week without pay”, declining benefits, toxic fear based culture. I’ve never seen such learned helplessness and... — read more
I'm losing all work-related motivation
All these layoffs happening all the time and the threat of being cut constantly hanging over my head have k–led any motivation I had left to do my job properly. And why would I bother to give it my all? If I'm not laid off in this round, chances are... — read more