Thread regarding Allstate Corp. layoffs

Are salary reductions next?

Been wondering what's the next thing Allstate could throw our way this year... With the coronavirus as an excuse, I could see them instituting a temporary salary reduction that could easily turn into something permanent. Not sure what else is left to do...

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| 3207 views | | 12 replies (last October 5, 2020) | Reply
Post ID: @OP+17e5jecD

12 replies (most recent on top)

@2hdn+17e5jecD you are full of it, I am in recruiting and know how the job postings work, there are 4 options and us recruiters have to pick external posting and put a date in, for internal jobs we put a date in to go on the internal site, jobs have to meet certain requirements to be placed external and the number of internal jobs exceed external jobs.

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Post ID: @3asf+17e5jecD

This is extremely relevant. If you go to the Allstate website and do not classify yourself as internal candidate you will see a long list of jobs. If you check job postings from your work computer through the network those jobs are not available to you to even apply. I refuse to work with a company that has such ethics. My time will be better spent at pretty much any other company.

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Post ID: @2hdn+17e5jecD

You realize there are some states where legally your employer cannot roll over your PTO, it must be cashed out.

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Post ID: @1ygg+17e5jecD

@ksl+17e5jecD you realize this is standard for most companies, they won't vest you for anywhere from 2-5 years.

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Post ID: @1nry+17e5jecD

That is SO crummy.

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Post ID: @vbs+17e5jecD

As I type this I can see them replacing IT staff with new hires in ASPL locations (India). This is while some of the people being replaced are waiting to see if they're getting chopped by assessment "results"

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Post ID: @xqc+17e5jecD

Its been announced that employees that have not been employed with Allstate for 3 years or, they are not considered vested. Thus, they are going take your pension balance and any match % of your 401k back.

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Post ID: @ksl+17e5jecD

Lol at the job postings, the vast majority are IT jobs that no one takes (I’m sure Allstate underpays their IT people) and literally dozens of CAT property jobs that involve 12 hour days 10 days in a row and a condensed weekend, at a LOWER pay band than most claims jobs and they act like this is somehow desireable? What a joke.

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Post ID: @pja+17e5jecD

I expect Tommy and the boys to go after PTO and benefits next. The benefits are already awful/expensive but I’m sure there is plenty of room to make them worse. Pension will be eliminated, I can’t believe we even have that now. PTO will be reduced and/or will not carry over. New hires will probably start with like 3 days or something. Workloads are going to double and in another few months they’ll do more layoffs. Metrics will be unattainable as an excuse to give basically no one a raise

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Post ID: @luo+17e5jecD

Because of this post, I went and visited the job postings. It kinda makes me sick to see they are looking for claims positions after grossly laying off so many of them.

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Post ID: @emh+17e5jecD

They've been doing that already. The MRR, market relativity, was exactly that. It benchmarks against a similar job from a year to two years ago, so they can tell you that you are overpaid. If you stay at Allstate you don't keep pace with inflation.

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Post ID: @kni+17e5jecD

Well they are posting new jobs of some of the same positions that they are laying off under slightly different names and lower pay bands so this is kind of being done already.

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Post ID: @lpn+17e5jecD

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