It has been said on many calls that a 20% turnover rate is not only expected, but acceptable. Perhaps the good employees here at blue should exceed their expectations as they always do and give them more like 50-60% as a result. That would be fun to watch and then they can move operations to the worldwide partners overseas.
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Anyone have a close to accurate head count on layoffs , resignations and retire numbers in the past year? Seems like corporate keeps this number very protected.
Average tenure at most insurance companies is 5 years, which means 20% of the workforce is turning over every year. Seems on par with most insurance companies.
Employees that have been working here 20+ years have been loaded up with almost twice the work. When they don’t return a few calls, they are performances managed and end up either getting fired or quit. No mistakes allowed and perfection is 110%, anything less is unacceptable.
And that is EXACTLY what they want. As many people to leave on their own as possible. Then they don't have to pay as much severance. They ride the few loyal souls they have into the ground with mounds of work when cracking that whip as they care nothing about any of us. And when the time is right the few loyal ones that have stuck it out or that had no choice but to stay to the very end get thrown out on the streets while the Patels do all the work for $6 an hour. Transformative Growth at work folks!
As the job market improves expect a mass exodus of employees, every single person I speak to is looking. No one will forget how they have been treated during this RIF/pandemic. Karmas a b$tch
Workin my but off during the day, applying like crazy at night to gtfo.