I’m sure we are all excited about the pending 3.6% raise for those at the top. Company talks about our high profits and then nothing.
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@265 almost forgot, they also need to make sure their 3 person deep senior managers with no employees other than the senior manager they manage, stay well paid and happy. When you have 5 levels of bosses, but a team with less, well…Houston, we have a problem.
@e6 and when you do step up, give more, 50-60 hours a week, hit milestones and bring “insert fav buzzword”, you get a lower score the next year. Because, we were told no one gets the highest rank. And someone must get the lowest rank. You’re 1,2,3, …, or last. No one is equal, someone is always less or more valuable.
they don’t negotiate raises anymore I guess.. last year they gave raises and no option for feedback, an automatic signature was put in for us to okay it and that’s it. insane.
@fw+1kga5cy0k
Paid Reputation Defender contractor for HR gives their 1 cent predictable repost/cut paste rah rah script.
Dont go away mad (or keep posting your streams are so transparent and entertain the workforce y look down upon)
CPI for the last 5 years averaged 4.0%. Dont bother ki-ling yourself for the employee pool mean pittance. Dont sc--w off - do your job but really if losing money every year, spend your freetime on gig work - doing extra to make shareholders wealthier for this company in this economy is irrational. The C suite execs sure covered their COLA and then some.
I can't wait for it to be eaten up by the massive increase in healthcare premiums and new fees for the sh---y in house provider. It takes longer each year for them to cook the books on performance ratings when the end result is everyone being in the middle anyway. This year the goal is to be the lowest 3 in the company.
What exactly do you think organizations give employees,10 percent raises,?
Much of the allstate lifers that complain can't even get a raise because they exceed some fictious made up pay grade band anyways
@e6 Yeah you pretty much nailed it and it's always been that way at Allstate. We have X amount of dollars set aside for pay increases. We have Y amount of employees. Now adjust the appraisal scores accordingly so that the sum of all raises fits the total amount set aside. All while Wilson gets his 5 million bonus.
BUDGETS TIGHT THIS YEAR
WE ONLY GET SO MUCH AND HAVE TO ALLOCATE IT AMONGST THE TEAM
BUT I FOUGHT FOR THIS 2% RAISE
WE COULD MAYBE DO MORE IF YOU HAD HIGHER METRICS AND WERE A TOP PERFORMER
GONNA NEED YOU TO STEP UP (insert applicable metric here)
THANK YOU FOR ALL YOU DO, HERES A COUPON FOR 10% OFF A GYM MEMBERSHIP, FATTY
Given Allstate’s history of workforce reductions, the key question is how many additional employee cuts will be required to support executive compensation increases. This reflects a broader pattern of cost-cutting to meet short-term financial targets and shareholder expectations driven by competitive benchmarking, rather than long-term value creation.
@OP High profits for the share holders and the upper crust with their enhanced bonus scheme. The scraps for the grunts who actually do the work and keep the cash flowing in.