Concerned LSP here. Staff meeting this morning and we were told that with the easing of line 10 auto rmps, our monthly Allstate sales goals and variable comp requirements will now increase effective July 1. Has anyone else heard this? Is this a continuation of weeding out EAs?
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This is true are item count went up by 10 items per month for the goal we only reached the goal 3 times this year not about to put all the extra work in to hit bonus just not worth it.
Not to mention adding the reinsurance fee to Exclusive Agents.
…but they did increase in a number of states. Up 20% from one agent I talked to.
I believe the translation is no the goals for variable didn’t increase the owner of your agency is taking a lighting up of 24 months prior required reduction to 12 months prior required to tell you mid requirement has changed but in reality it’s your EA acting like something other than their own self serving interest taking place.
1pkm+1sDxRDGb- please translate in English. Have no clue what you are saying. I have a little comfort knowing there is at least one person below me on the totem pole
Allstate is certainly no friend to the Exclusive Agents. You are a pawn to them in the modern day and in the world of Transformative Growth. As soon as they can they will eliminate you.
No you EA owner is playing you due to RMP prior reduced from 24 months prior to 12 months prior is no trip to Hollywood. The EA owner is just another greedy pod with no limits.
Anything affiliated with Allstate dies a horrible death. Everything. It may takes years or decades but all of it dies. Allstate is the grim reaper of insurance. Agents, LSPs, employees, customers....we are all totally f&&ked eventually if we remain affiliated with Allstate.
I heard 20% increases in some states. Unreal.
My question is - why do you care that I care? I happen to like my job and the stability it has provided. Long term company support is a quality that still has value to me.
My question is- why do you care if you are an LSP? You have no contract or legal obligation with Allstate.
Not necessarily weeding out EA's...but a cutback on commissions to improve the company's bottom line. All on the exciting announcement about how profitable Allstate was in the first quarter...total BS !