Thread regarding Allstate Corp. layoffs

Regarding the "free work week" in 2020, this copied from another thread on the topic, but basically every exempt employee is working one week for free in 2020, with the understanding that the week will be repaid back to them someday in the future when they leave the company.

"Let's assume you are an exempt employee. You have an agreement to work for Allstate in exchange for an annual salary of a certain amount. Allstate can break that annual amount up into any number of payments throughout the year (currently 26), but at the end of the year your W2 should show that you were paid the annual salary you agreed to.

In 2020, Allstate has decided to take away one week of pay (justifying it with some accounting mumbo jumbo), with the promise to pay it back when you retire or otherwise leave the company. Your 2020 W2 will show that you were not paid the full annual salary you agreed to; it will be one week of pay less. Allstate has then reneged on your agreement because they are big and bad and can get away with it, and there is no other way to spin it.

When one person takes money from another person with the promise to repay the money at some point in the future, that is the definition of a loan. So, all exempt employees are going to give Allstate a loan of one week of pay next year, which Allstate will keep interest-free for as long as you work for Allstate."

There has never been a successful attempt to unionize in the Claim organization, for a simple reason; employees have rejected it. Once they’ve educated themselves, they choose to say no.

As a retired manager I can tell you that they used to mandate special training courses centered around avoiding unionization by the rank and file. It is one of their biggest fears because they know they would no longer be able to run roughshod over their employees any long. Now is the time to unionize. Contact your local unions if you haven’t done so already.

There’s a difference between “non-perfect English “, and an inability to articulate a thought. I don’t care if it’s an internet board. It reflects on your communication skills, and explains your job failure and bitterness at the company.

Lurker commenting : this is an informal net board I’ve seen the same person or persons keep posting: what’s with non “perfect” English? Roflmao grow up this isn’t meant to be a forum of syntax go use that BA in English you took that college loan out for somewhere else it’s called the Internet gramps.

Interesting. A prior post on this thread, that was critical of previous attempts to unionize at Allstate, has been deleted. Why ? It’s obvious the sponsors of this site, Employment plaintiff lawyers and Union advocates, don’t want a dissenting view.
I’ll repeat; in 35 years at Allstate, much of it spent in management, I observed numerous failed attempts at certification of a union, in different locations, and different employee groups. Good luck with that union thing. Let’s see if they delete this post again.

The company has seen better days. Many of the people you see defending the company on these boards are narcissistic boomers who think we have it easy. They couldn’t be further from the truth but their head are too far up their own asses to reason with them. Just ignore them, they’ll get their comeuppance when their kids place them in nursing homes here in the next 20 years or so. It is time for unions to make a comeback.

Much much higher than Senior Manager
Advanced graduate degrees, in finance
Retired from the company, but still consulting, and enjoying the exponential growth of my portfolio (pension, 401k, and independent investments), all of which came from my hard work, none of which you contributed to.
Too busy golfing, fishing, boating and enjoying life for the recliner yet.
Living a bitter unsuccessful life must s—.

iyzq

You prob were a senior manager with a high school degree. I get it gramps I pay for your meds and you worked in golden age of Allstate with your techcorps and kickoff orgies. Things have changed and I’m sorry you never took any Finance courses or learned what present value calcs are.

Better question? Your a pensioner and you’re on a lay-off board? Go back, sit in your recliner till you kick off and enjoy fruits of people who are busting their behinds fat beyond anything you could imagine in your 20 years from the 1970s worldview.

Nighty nite. I know u had dinner at 3:00 pm.

Very well explained. Thank you. Also, doesn’t sound nefarious, or a strategy for senior leadership to “line their pockets “.

@mjfw and @ldae

Jon, your assumptions of the current pay method is not correct. We (I work at Allstate) get paid on a biweekly basis, that part is correct, the rest is not. Allstate uses a rolling Sunday-Saturday pay period, some positions work weekends. The way the current pay works, our paychecks are for the week of the pay week, and the week prior. The check we will receive this Friday will be for this week and last week (7/7-7/20 as shown on our pay stubs online), not this week and next week like you believed it to be. Allstate has always paid you for the actual time worked, and never held a weeks pay like most other companies around this country. When I started at Allstate I thought it odd as no other company I worked for had done this, they all held a weeks pay. The main reason for the change is they are unable to make payroll changes during a pay week, as it won't show on the current check because it's too late to change it. With the new pay method, they will have time to make payroll changes before your check since they will now hold a weeks pay. Making the change now is going to hurt some employees. That is why Allstate chose to do it during a pay month with an extra paycheck, they figure missing a weeks pay from your norm will be ok. To illustrate AFTER the pay change, this Friday's check would be for last week, and the week before (6/30-7/13). Meaning this week would not be in your pay until next payday, thereby holding one week of pay behind for the next check. That is the model we will be transitioning to, in order to do that Allstate has to hold a weeks pay.

Thank you. That’s the first time someone with knowledge of the issue has clearly and rationally explained it.

That was painful to read... Clearly, English is the second language here. I don’t work for Allstate, but my girlfriend does and I’ve heard about this “working a week for free.” As I understand it, employees are currently paid on a bi-weekly basis with one week being a week that’s already been worked, and the other one is the following week that has NOT YET BEEN WORKED. So, deferring paychecks by one week would, in fact, make it so that employees are being compensated for weeks that they have ACTUALLY performed work (or used PTO, or whatever). Having a basic grasp of elemantary school mathematics, I don’t see what everyone’s problem is... You’ve basically been getting a one-week payroll advance for quite some time.

Ok, you’ve made my point. Thank you. You are unintelligible, and not worthy of further conversation.

Out.

What’s legal and what’s ethical are two different things. The company continues to prove that they don’t care about employees. So glad my lump sum is in my investment account but I feel badly for the people that are stuck there.

Reading your posts gives me a headache. How did you get hired ?

Employees are being provided “interest free loan in 2020” (that’s what your post says) Sounds like great news for employees !

You aren’t busting anything to pay my pension, you clueless pissant. I contributed to my pension for almost 40 years, and since I have my lump sum in my account, nothing you do or don’t do can impact it.

You don’t have a clue how decisions like this are made, or the process that’s followed. It’s not one person, in fact in some cases it involves outside counsel and Board input, so, yeah, I’d say whatever they did is legal and vetted.

No go back to your parents basement and finish your game, loser.

hms

No It’s clear u do not.

Please kindly shut up when not educated o. Current internal events.

Yes employees are provided a interest free loan in 2020 no it won’t impact Glenn’s bonus or other exec perks.

Yes DOLwage and hour division is on notice alone with Chicago Tribune so unless you have something substantive to contribute to current issues events kindly st_u and read along to rest of us busting our behinds to pay you pension or whoever u are clueless.

I don’t currently work for the company, (retired) but fairly certain of two things; 1) “executives” , presumably meaning Directors/Officers can’t “exempt themselves from anything. They’re on the same pay schedule as every other employee. 2) If employees were in any way receiving one penny less than their salary/hourly pay than entitled to, the wage and hour class action attorneys would be lined up (they actually sponsor this site ). Decisions like these aren’t made without hordes of attorneys and HR input, weighing all the benefits and risks in a defined process.

athn

If you are not aware that your w-2 in 2020 will be for 1 weeks less pay then you were told was your annual compensation you 1) don’t work for Allstate 2) are an exec w company who came up w the interest free employee loan idea but exempted themselves from it or 3) are completely ignorant of what goes on in your own company. We loan together!

Do you think Allstate is the only customer of age pact ? Yes, they offshore some work to offshore vendors. I work for the largest department in Allstate, and we offshore a minuscule % of work, and part of that is to enable overnight service. They’re working while we’re sleeping.

As far as “the missing check” goes, to my knowledge, employees aren’t losing one penny. Everyone is getting paid exactly what they’re supposed to.

Genpact

Look in your email address book how much work goes to this company that specializes in offshoring to India.

Pro company shills is this a paid position in home office? Social media scout? Rofl.

7gzo isolated employee? Hey genius did you read the 600 plus posts from employees from across the company on the company intranet and our missing check? You know the one where now we (employees) give the company an interest free loan in 2020 from payroll? You apparently don’t read or actually work for the not good hands because you’re clueless of employee “disengagement.”

Have any facts to support “company in decline” ? Results and numbers tell a different story. It’s one thing to say you’re a disgruntled, possibly displaced employee that can’t sell him/ herself in the open job market. It’s another thing to believe you’re in a position to evaluate the future of the business.

4stp and kks see with clear eyes. Ditto. Do not come work here it’s a company past peak in decline.

We have owned an technology operation in Northern Ireland (not Ireland) for the past 2 decades. It is not growing. Last iI checked, Texas is in the US of A., and yes, Northbrook roles are being de-centralized to several other locations (not just Texas) around the country, for purposes of redundancy and lower real estate costs. Doesn’t make them a bad employer.

Allstate doesn't care about its employees. And the jobs are going to more that India. Ireland and Texas to name a few. This is just another way for them to get people to quit without paying severance.

Your jobs are shipped to India. Company no longer needs you. That’s the message.