Wtf. I was hired here a year ago at 48k and now they post the job I have w no experience at 52,500! What the literal f?!?!???
12 replies (most recent on top)
Claims adjusters start about 40. Tops out at six figures for the highest claims band.
Underwriting starts in like the 30’s..... lol what position is starting that high? I should apply
Anytime I jumped bands I always got 5%. I didn't encounter what the prior poster mentioned.
I’m so confused about these pay increases for promotions. In the department I was in if you went from B1-B2 it was like 5% and if you actually went from a D to an E it was 10%.
I would guess a processor role, or underwriting.
Lucky you. I’ve been here six years and am not over 40k yet.
Agreed: the payband structure at Allstate is specifically designed to keep salaries low even when a promotion occurs. I got a promotion (with a lot of added responsibilities) and bumped into the next payband which is great, however, the salary range in the new band had such an overlap with my current band, my pay increase was only 2%. Just yet another way Allstate screws over their employees.
What OP is stating seems like normal big business economics to me.
What we really need to worry about is the scam that are pay bands in this company where 4 pay bands overlap for the same pay keeping the company from giving raises or even increasing pay for "promotions".
Poor you. You can always go somewhere else for some more money.
Are you able to use words to discuss this with your manager? What do you want us to do about it? Hopes and prayers?
Yeah, the salary you accept is pretty much on you. Also, markets and skill scarcity change all the time, for better or worse.
Companies don't usually cut your pay when the going rate is down... but they hire new people in at the lower rate.
Similarly, they're not going to increase your pay when the market is up, either. But they will hire new people in your position at the going rate. It's just how it is.
Should have negotiated better