Get those salaries off the books. This will save a lot of expenses on salaries now. Get them on out onto their pension and replace them will entry level salaries. Yes it will cost initially but it will be less then letting them hang around for several more years until 62 or over.
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HCL going very bad.
@y2 And yet you are so”weak and talentless you can’t leave. Poor baby.
Yes State Farm bided their time during COVID and during the Great Resignation. They put forth a good face until the moment was right. Now the job market is tightening up, AI is eliminating jobs, automation is happening in underwriting, and they have a lot of tenured employees that still need to make a few years to retire and get their pension. Add all that up and you get a company that gets really brave and sh-tty towards its employees. They get "southern rich" and "12 pack of beer tough"! Gonna show those ungrateful peasant employees how fortunate they are to be graced with our presence and work for SF. Get on board or get out! These f-ck tards are sc-m of the earth and I just renewed my Progressive insurance. Got my girlfriend and her family to drop SF and move everything to Progressive! Sc--w that place! Trash company, Carnival Cruise of the insurance industry!
Seriously folks--why would they offer a hefty severence to thousands of employees when getting rid of them on the cheap works so well? Dream on.
I so much love ❤️ hearing all this, please tell me more. Don’t stop now.
Gotta luv this site..
They are doing that already, they come to you and say we are moving you to this job and this department and you have no choice. If you refuse you are fired. At least the people in ET that got moved the HCL got a bonus.
You don’t need to offer severance. Send them to HCL. Either they take the job for a year or quit. Blueprint worked perfectly. And those that come back after a year are new hires.
I will never pay you severance, it would hurt my millions in SMIP. I'm going to continue to direct your upper leadership to micromanage every aspect of your day, reassign you to sh-t hole jobs you do not want and rehash tired huddle points from Big Dog that says we all knows what happens when you grow too much like Progressive. I will tell you 80% of our expenses is claims without telling you my bad decision created a 76% loss ratio and claims employee expenses are only 4%. Agents make up about 12% of the 30% expense ratio. We spend about 10% on marketing and the rest are taxes and fees or other general expenses. I will be sure to send out some more tips on how you should manage your mental health which will not include one single change we will make as company to help. Ohh and get ready, I'm about to shove it up your arszzz on benefits, time off, pension and you will like it/be your idea!
@aa $20k is the max State farm should pay any worker. That is what offshore workers will do the job for.
Absolutely severance them out and replace with cheaper labor. That will recover the amount of the severances and save more on salary expenses overall.
@aa makes sense, what with how well the HCLTech transition has gone.
not.
@OP go a step further and offshore the replaced older workers.
An indian worker makes a third of what an american makes, and no need for benefits, 401k, etc.