Topics regarding layoffs at State Farm Insurance

Topics regarding layoffs at State Farm Insurance

Compensation “within limits of reasonabilty”

WTF? Corporate sends a message to agents regarding upcoming paychecks. On a day when systems are down again, they tell us that in light of all the system problems affecting our ability to make sales (and money)...they’ve reviewed compensation and... — read more 

Ecrm down again.

Embarrassing. Must be having some frozen weather in Texas again. Right? Right!?

ECRM down

So ECRM and ECS is down boy State Farm is taking major L’s right now. Someone please Remind me how much is Technology Enterprise is making?

ET HR amd Managers role

When a charmed Manager who knows zero calls an analyst the slowest as compared to others (who and too stupid to be in a call or service environment and never get a called out it’s clear this “leadership” behavior is the norm. Arrogant technocrat... — read more 

SF will be forced to automate?

Agency has always been crazy. That’s what the job is. But the weird thing is the more SF messes things up, the more they need the agents. Somebody has to answer the phone and try to make sense of this mess to the customer, and nobody else does it... — read more 

Reasons

There is a reason they want over 40 employees out. They ask too many smart questions. Amd see through things.

Savings mean nothing in the long run

Short term gain and long term pain. All the savings comes from hollowing out intellectual capital with employees that actually know how to adjust claims. There will come a time when the public realized the wheel has fallen off the wagon, and the SCP... — read more 

Integrations

Integrations and third party systems are not always all they seem. Data is king. Probably is a thing of the past http://skynetintegrations.com/

You make your own job security

I'm getting tired of hearing people lament about the loss of job security at State Farm. First of all, there was never anything resembling job security at State Farm. Whoever tells you differently has his or her rose-tinted glasses on. Second of all... — read more 

State Farm reveals massive savings

Looks like SF is not going away any time soon... https://www.insurancebusinessmag.com/us/news/breaking-news/state-farm-reveals-massive-savings-247994.aspx

Snap sheet

Is it the end of proximity estimatics?

HR Layoffs

Can someone explain how many people were cut in HR? Locations? Also, what the process was. Did you have interview for your job, etc?

Talk about a change

There was a time when State Farm was a place where you could expect to have a career and retire from. Since then, it has turned into an insecure job with no hope of progressing unless you know the right people. And the sad part is, I think the way... — read more 

Should I leave SF for AWS, Allstate, Quicken Loan

Should I leave for one of these fully remote opportunities. Paying 36 to 90k more than I am making now. Fully remote WFH? State Farm paid for so many certifications for me. At State Farm for about 4 years.

Pay/Salary at SF

Does anyone have knowledge of State Farm’s competitiveness with salary compared to the other big insurance companies?

Wheres Leadership - Part 2

Someone posted something to shut down the first thread. Interesting. Next pool party is 4/1. Bring your mask. I will supply the drinks. Bring your ideas (Psst....Im not going to use them anyway but want to see what your... — read more 

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| 1574 views | | 1 reply (February 27, 2021)
Post ID: @OP+19zO4F43

State Farm reputation?

It seems to me that State Farm is managing its reputation and the risks to its reputation really badly. Someone here has made a good observation that the company is working on advertisements while at the same time forgetting that people are its most... — read more 

All bout

https://insureblocks.com/ep-69-state-farms-blockchain-auto-claims-subrogation/

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| 1940 views | | 4 replies (last February 25, 2021)
Post ID: @OP+19wADSmM

Internal Outsourcing Continues

I’m one of the 10,0000 ... found out half our POD has been wh–ed out to ILR and EXP on 30 day assignment “to provide support to areas that need it” while those of us remaining get additional CS SHs and numbers added to our series. Claims isn’t... — read more 

Other companies have it worse

It blows my mind to see all the negativity here. SF has it better than other insurance companies. If you’re not happy then by all means let me walk you to the door and make sure it doesn’t hit you on the way out. Stop complaining. There are millions... — read more 

Where’s Leadership?

SF.net can post multiple Jake stories a day but not a peep from Leadership. Email? Hah! Claims is only getting third-hand gossip and TMs running around w/ their hair on fire.

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| 2380 views | | 6 replies (last February 18, 2021)
Post ID: @OP+19szXiOV

Karma for tippy and execs?

Maybe they shouldn’t have given people lower ratings than they deserved to save a few bucks on EIP. Maybe they shouldn’t have reduced staffing by such a large percentage. Maybe they should have given a f— about their employees because now guess... — read more 

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| 2650 views | | 5 replies (last February 20, 2021)
Post ID: @OP+19sN5PR1

Outage today

Any idea what the cause of today’s outage is?

10,000 temp employees

So it looks like the new model to be announced soon it’s going to be similar to ECIM — the 10,000 former LOC employees will be placed in any position where there is a current business need/employee shortage. This will be without consideration of... — read more 

STOCK COMPANY!!!!!!

pantograph on Jan 29 in classifieds. Search State Farm. THEY HAVE FILED TO BECOME A STOCK TRADED COMPANY! JOB CUTS... — read more 

Hostile work environment

Has State Farm always had work environment that was this hostile? I'm relatively new, started less than two years ago and I have to say, this is the worst place I've worked for by far. It's not even the low pay or lack of any meaningful bonuses. It's... — read more 

Smallest pay raise ever due to financial constraints, but we blow $10 million on Super Bowl ads

Screw you Tipsord, you cheap b–tard! And your lap dogs as well. We can't even get a pay increase to keep up with inflation (even though the company's value increased over $2 billion dollars during a pandemic) but you can blow over $5 million per... — read more 

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| 5494 views | | 34 replies (last February 12, 2021)
Post ID: @OP+19dvDEet

Goodbye pensions for new hires and rehires

As predicted by some people on this forum, rehires and new hires in 2021 will not have a pension. Instead the company will up the 401k contribution. Whoopee! What’s next?

Union

Union is coming. Needs to be in place before company goes public. It will be a good thing...

State Farm transitioning from insurance?

Several years ago, Michael Tipsford talked about the future of State Farm. The speech basically said that in the future State Farm’s primary business would not be insurance. The primary business would be information and the selling of information. ... — read more 

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