How are people selected?
6 replies (most recent on top)
Allstate layoffs are identical to the Japanese Labor Market Trends which by the way, they have been setting for the past few decades.
Allstate being loyal only to the shareholders, takes full advantage of these labor trends, and tries to be at the forefront of change. In a nutshell, anyone over 50 or anyone vested for a large pension will be on the chopping block. If we can still predict the future by studying past,
Those getting the axe, may very well be the last to get a real honest to goodness company pension which for 30 years of service, could very well be in the 3-400,000 range...
Those being absorbed into other positions within the company will not fair so well. They will undoubtedly get an extension of work for wages, but will never see the pension those leaving will reap...
You also have to factor demographics into the equations
It was pretty simple 3 things, assessment, overall PDS, and tenure.
The assessment really screwed some people.
I call BS on getting the assessment email & not taking the assessment. In my claims dept everyone who received the 60 day notice had below meets on the reviews.
Production, Quality, contribution, seniority nor does 9 years of better than expected pds reviews matter. And I still got let go. I have team members that deleted the assessment test email and didn’t even take it and that under perform, that still kept their jobs. So there really was no rhyme or reason on the madness
I am hoping that contribution and quality of work will be taken in consideration. Yet, I worry.