Topics regarding layoffs at Allstate Corp.

Topics regarding layoffs at Allstate Corp.

Skills assessment format?

I keep hearing different things about who will get an assessment, when they will find out, when they will actually take it, etc. I even saw a post showing to content or sections of the assessment. I was wondering if anyone knew the format it will be... — read more 

Who Controls Allstate?

Both past and present. How did those currently in control come into power and why are they acting with such callous disregard for loyal employees and American people? Why are they so deceitful and two faced? This is just wrong and” they” should be... — read more 

Ivantage

So when is Ivantage doing their layoffs? September 2020 or January 2021?

Another long time customer

I am another long time customer and wanted to see why Allstate employment was trending on Twitter.... The animosity of the employees that I see here does not make me as a customer feel that I am in good hands....particularly what I am reading on... — read more 

Wow

As a long time Allstate customer I feel terrible about what this company is doing to its employees if it’s true about what I am reading. I really really hope that it’s not true but I understand they want to lower our premiums which is great because... — read more 

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Post ID: @OP+15LSqoZC

Ken rosen

Really makes you wonder about the timing of the exit of Ken Rosen after leading claims for Only 2 years to make way for the entrance of Shapiro... I wonder if he made known a concern to what is happening and was forced out...

Tom Wilson doubletalk

About 6 months ago Tom Wilson appeared on I believe CNBC and scolded American companies for not doing enough to take care of their workers contributing to a deteriorating perception of capitalism. He said that companies needed to do More for... — read more 

Failing the assessment

Is anyone else thinking of purposefully trying to give the wrong answers on the assessment to get the severance and move on with your life. The severance will give some tome to find something else and this may be the kick in the pants to leave a... — read more 

Employee discounts

If we leave, has anyone heard when we lose our employee discounts? Is it the day we are off the books? I want to have my business moved to a different carrier but it may be more expensive with any employee discount that we currently have. Has anyone... — read more 

Those on the inside

Non Allstate employee here...but a customer with Allstate. The only thing that I know is that I pay a lot for insurance but have never had a claim so I don’t know what the service is like when they need to pay out money. If we are getting ripped off... — read more 

Thanks Tom

Just wanted to give a shout out to Tom Wilson thank you for requiring claim employees to work on July the 3rd the represented Fourth of July holiday ! Glad to work for a company that is patriotic ! You s— !

This is destroying employee morale

And people's productivity along with it. Don't they see they are not just harming us (something they couldn't care less about) but also the entire company and its bottom line (something they really should care about if for nothing else but their own... — read more 

I can’t take it anymore!

The waiting is k–ling me! If and when it happens, do they let you know and walk you to the door? Or do they give you like two months notice?

Sales Department Impact?

Does anyone know if the sales department will be impacted? Especially in regards to those Esurance employees who are slowly being transitioned to Allstate?

Unethical and cheap

For a company that prides itself on doing what is right and ethical, there are some extremely shady business dealings going on. The Government/Trump tax cuts not reinvested back into the company, and a May (during quarantine) 300+ million stock... — read more 

Con artists

Watch the market and watch top execs dump their stocks AFTER they officially& publicly make a cut announcement. Allstate stock will slightly tick up, top execs will sell and MAKE millions extra for retirement. Some already rumbling this will be bad... — read more 

Trolls

None of you know anything! They aren’t going to reveal anything until they are ready to let someone go.

Any mass firings yet?

I was fired in auto last week for not making a phone call that I documented and made. I asked them to pull the phone records and the response was, that’s not necessary. This supposed breaking of the “code of ethics” happened 3 months ago. So, I... — read more 

Allstate stock

Keep an eye on Allstate stock. Investors are clearly seeing something...a lay-off announcement at a publicly traded company usually leads to a stock spike at least in the short term. As the market has rebounded, Allstate has stayed relatively... — read more 

Tom Wilson is a failure

Highlights of Tom Wilson's career include: Serving as a high level exec at the now bankrupt Sears Company Overseeing the fall of Allstate from number 2 to number 4 in the auto insurance market as CEO ??? Abandoning his employees during a... — read more 

Says it all

Glenn T. Shapiro President, Allstate Personal Lines Total Compensation $4,613,043 Pay Rank By Title In Insurance industry #1 Salary.com

SKILLS ASSESSMENT CONTENT

Providing some insight to what the “Assessment” will entail. If chosen to take the assessment, it will Include: Adaptive Personality Test “ADEPT-15” ~20 min to complete non-exempt through band D: “motionChallenge” measures planning capability... — read more 

High Exec just announced retirment

One of the execs, who was put as the head of PIP claims countrywide just announced her retirement. Wondering if there is more to follow...

Was an Allstate ambassador

I convinced a number of friends and family to do business with Allstate thinking that this loyalty would result in employment security for me..... I felt bad about doing it over the last two years with things like quick photo which is terrible for... — read more 

ANGRY

All jobs will be sent to India and Ireland. They already started pilots last year to get the process started with FNOL being outsourced. And just to be clear, what cant be outsourced will be eliminated or automated. Andrew Yang was so right. Allstate... — read more 

ATSV layoffs via Skill Assessments

On a call with ATSV leaders and have been told that some employees will be sent a skills assessment to complete. If their skills do not match what Allstate are looking for, redundancy is the next step. Get revising.

Handling is atrocious..

I understand the business decision. My issue is with the handling and communication from the top..Senior leadership should be ashamed of the handling and the “drip drip” nature of the communication. To leave the employees below the director level in... — read more 

Life Decisions

What do you plan to do if you job is impacted? Will you get a job with one of the Big 3 or will you rebrand yourself to get out of insurance entirely?

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| 2120 views | | 14 replies (last July 1, 2020)
Post ID: @OP+15I7X6uS

High paid senior executives at Allstate

You can find surveys on the internet where senior executive salaries are ranked by the size of the company, income of the company and number of employees. The Allstate CEO and senior executives are consistently paid significantly higher than peers at... — read more 

The next takeaway

For those of you who are not laid off be ready for the next “take away.” Right now less than 10 percent of publicly traded companies have both a 401K and a company funded pension. You can bet that is not lost on the senior staff who is looking to cut... — read more 

Allstate is toxic

I feel terrible for those with tenure. I was in and out of that toxic corporation within 5 years. It is a toxic, unhealthy place to work, much less try to represent. It feels “dirty” to work for a company with no moral compass, while seeing the... — read more 

Former employees will also be making decisions

Now that the company has made a business decision that they feel will contribute to future profitability. Laid off employees who currently carry Allstate policies will need to do the same. Currently, I insure 4 autos, one house, one rental... — read more 

NJ

Which office will they close? Bridgewater or Moorestown?

Fleecing of America

Stock buybacks and layoffs during a pandemic and recession. Unethical but typical American style Capitalism. We need to change the entire system. Shame on you all! Old rich boomers out of touch with the people who actually work.

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