It's too quiet.
Like a calm before a storm.
Is anything biggish quietly happening?
Inquiring minds want to know.
10 replies (most recent on top)
Actually the price increases and worker salaries rising (in most companies) to compete to obtain/retain workers will have a positive impact on the group business. The higher wages will equate to more $'s/$1000 in life insurance premiums and Disability premiums. One could argue that dental sign-ups could slide but I think the tightening of the budgets in US households won't preclude someone from taking an insurance they will most likely use. So this disruptive economy raising premiums while keeping Met worker pays well below inflation rates will be a boon for revenue/stockholders and the executive board.
Not sure how a recession would affect us, maybe loss of volume in group policies, but inflation and an increase in interest rates could cause our books to look worse. A bond that we bought for $1000 might drop to $900 in the market. This would be mainly an accounting effect since we buy assets to match our liabilities, but management might try to make the books look better.
Now how could they do that?
@1czj+1h10M0gu - How do you think a massive recession would affect MetLife?
Agile.
@1czj+1h10M0gu are massive recessions considered generational still? I've lived through 2 so far.
Someone told me that they got rid of the COVID pay too. So come back to the office, catch COVID, lose your PTO you were gonna use for vacation because you caught COVID in the office. #BeWell
Ask them for a free at-home covid test. It will be expired. Every. Single. Time. #BeWell
Office are loaded with covid cases. Fact.
Nothing is reported due to the optics if it.
So essentially, misleading everyone so they can pretend everything is normal. It's not.
More like the calm before a massive generational recession…
Many are quietly recovering from the COVID that they caught at Leaders Conference this year in Maui.