Thread regarding Allstate Corp. layoffs

Simple math

So you tell us it’s simple our insurance premiums are to high so must lay people off to reduce that ........ hmmmmmmmmmmm I’m thinking confuses says you all need to take a freakin pay cut . How is it our ceo makes more than twice as much as State Farm’s ceo ????? We’re to top heavy with all of these made up titles

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| 2079 views | | 11 replies (last July 29, 2020) | Reply
Post ID: @OP+16apVRTc

11 replies (most recent on top)

Geico pays adjusters way less in salary .

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Post ID: @1rrs+16apVRTc

I would rather go thru this than work at geico.

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Post ID: @1zmc+16apVRTc

I have a few friends that have gone to GEICO since they had a big push the past 2 years to hire people, they know other former Allstaters and from what they have said it is the same c-ap you deal with there, one of them has now been at State Farm then to Allstate and now at GEICO and same thing from them, doesn't matter the company as all the top managers just rotate around the big companies. If you don't like how you are treated here instead of going to another insurance company get out of the industry and into an industry where people are paid what they are worth.

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Post ID: @1lsu+16apVRTc

Way too many do nothing management folks to little too late

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Post ID: @1wis+16apVRTc

Geico does not pay more in salary. It’s the profit share that gets you. Allstate has no bonus.

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Post ID: @1ver+16apVRTc

Funny how the top never has to worry about their job yet they ask us for grace in forgiveness. When do they ever give us grace and forgiveness!

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Post ID: @1gia+16apVRTc

GEICO does not pay their adjusters more. They are one of the least paying in the industry.

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Post ID: @irn+16apVRTc

Allstate laid off 500 employees in 2017 as it increases use of its app for insurance claims.

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Post ID: @xkl+16apVRTc

AllSTATE Top 5 Offense Groups (Groups Defined) Penalty Total Number of Records

consumer-protection-related offenses $145,081,244 78
employment-related offenses $132,125,000 5
safety-related offenses $69,500 1
financial offenses $21,300 1

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Post ID: @ufk+16apVRTc

I think you have contributed and your crying does not help your past deeds.

Violation Tracker Parent Company Summary
Parent Company Name: Allstate
Ownership Structure: publicly traded (ticker symbol ALL)
Headquartered in: Illinois
Major Industry: financial services
Specific Industry: insurance
Penalty total since 2000: $277,297,044
Number of records: 85

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Post ID: @xrj+16apVRTc

And I think GEICO's ceo makes less..funny thing is that they pay their adjusters more...and yet charge less..hmm???

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Post ID: @rgu+16apVRTc

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