Thread regarding State Farm Insurance layoffs

Any information security people considering leaving?

Pay is not competitive with remote jobs. Other companies offer a pension. No opportunity for advancement. First line management is packed with people with no security experience or CISSP which any other company requires. The majority of directors have no CISSP but expected to lead security matters. Dell looks more attractive by the minute.

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| 2363 views | | 8 replies (last November 10, 2021) | Reply
Post ID: @OP+1dzesypY

8 replies (most recent on top)

I’m going through the interview process with AWS and pay is 200-300k full remote

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Post ID: @bpph+1dzesypY

US Bank offers a pension right now. Other companies offer stock options

State Farm spent 40k on certifications for me including the CISSP and more. I’m leaving after the 20k bonus for AWS or Dell. I can’t take 1st line management. 1st line avoids work, cannot explain technical details related to their product teams, etc. State Farm must give young blood with technical and communication skills an opportunity at management. They have not given myself or others opportunities to this point.

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Post ID: @bymd+1dzesypY

Yes, I'm considering it. Going to stay for the April bonus, merit, and then re-assess. I read Paul Smith saying merits will be something to the effect of "larger" but it'll still be less than inflation I'm sure. Got my security certs (CISSP, GSEC) and AWSCCP for Ss&Gs so interviews should be obtainable. I'm seeing lots of people leave for full remote work so that and a $40K bump would be very welcome.

And, yes, leadership is largely a friggin' joke. I guess they have aces in "soft" skills that are transferable and can be effective quickly and in any assignment (eye roll).

Besides the pension, I'm grandfathered in and am eligible to get company-subsidized health insurance if i retire from there 55 or older so that's something I'd miss.

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Post ID: @5kin+1dzesypY

I am pretty sure @2wph was either drunk or high when he made that post. It literally makes no sense on any level.

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Post ID: @3nus+1dzesypY

@2wph…look up “pension”. It’s not something you “ pay into” or “max out”. So your advice is sorely misguided. Most folks with a pension are/were also contributing to a TQ plan. The pension is more like a guaranteed life annuity on the side, that the employer provided. Why would anybody not want that?

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Post ID: @3txi+1dzesypY

@fvx+1dzesypY By taking the money you were paying into it, and instead talking to wealth professional about investing.

Depending on what your expenses are every situation is unique. Your pension may not even be worth maxing out and instead just instantly collecting dividends. I’m talking even down to people making 30-40k a year.

Pensions are dead in the water too much risk, and why do that when you can pay people the same without it?!?!

If you are staying over a pension and make over 100k a year, and not in a real city. I’d say your awful with money and thankfully you got saved from your weakness, and most importantly know it.

Most independent people won’t even do this, or back out of it, but it’s what you have to do without one.

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Post ID: @2wph+1dzesypY

Pensions? Other companies may have people grandfathered in just like Mother Mutual does. But where can you go as a new employee and get one?

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Post ID: @fvx+1dzesypY

Which other companies offer a pension?

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Post ID: @dle+1dzesypY

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