Is it true that they are thinking about changing the Severance Pay in 2021? I heard they were but anyone RIF'd prior to 2021 will be grandfathered in. I am just trying to find out if this is true or if it's a rumor.
UNITED Health Care premium refunds
in March I contacted UHC to see about getting some of my premium paid back due to not being able to use my coverage I pay for due to COVID. UHC stated they would send a percentage up to 30% back by June. June came and went no money. Did a call... — read more
AIG consolidating Office Space in the Tri State Area
With AIG consolidating Office space in the Tri-State region, what effects will this have on the Wilton Office in Ct? Also with the consolidating space what area’s in AIG will stay in the NYC? Underwriters? Investment Teams? Finance Teams?
Corporate Money Laundering, What's $110 million amoungst friends?
October 2 2017: AIG announced plans to buy the Blackboard unit in May when its chief executive officer, Brian Duperreault, left to become AIG’s new leader. The $110 million acquisition deal closed on Oct. 2. The Hamilton USA/Blackboard platform... — read more
Have the Blackboard layoffs started?
what is the reasoning behind laying off all of the Blackboard employees and closing the business versus selling the company?
Layoffs?
We're there layoffs last week?
AIG STOCK AT AN ALL TIME LOW FOR BD AND PZ
How many riffs will it take to right the ship? Or are we looking at the titanic? BD and PZ (and their global heads) will make a dash for the lifeboats, leaving the riffed AIG former employees dog paddling in the water.
Anyone else have paycheck discrepancies this week?
I can see my pending deposit for Friday and it is more than usual with no change in hours. Wondering if anyone else has this or sees their pending deposit? Wondering if it is payroll tax cut through end of year, I didn't think that was happening... — read more
New Org Announcements This Week??
My level 24 manager informed us last week about org announcements coming out this week. I saw several meeting invites for this week got cancelled, and took it as a clue that something big is up.
Password update / Screen saver
Anyone know why the systems were updated to require an additional password?
Accensure and Friends
So in 2018 AIG's CEO hired his friend and a former exec at Accenture to a highly compensated exec role at AIG. His friend specialized in insurance tech at Accenture. He was supposed to turn AIG around. Then AIG hired Accenture to the tune of millions... — read more
Never had a Birthday Cake when working for AIG
How would you feel when your department used to give birthday cakes to its employees when it was their Birthday’s, but when my birthday came I never got one. I was considered an outsider and I didn’t deserve a birthday cake. I am still an outsider... — read more
Duperreault's pay is roughly 288x the median employee salary at AIG.
Duperreault's total adjusted compensation slid 8.0% to $19.2M, which consists of $1.9M cash, $8.6M of stock, $2.8M of options and $5.9M from a non-equity incentive plan.
Is Finance Area in New York City next to get laid off?
With all the layoffs in the IT area, is Finance area will take the next hit with all their bloated salaries?
Insurance industry gains 4,700 jobs
Question to the group: Which companys in insurance are hiring? I lost my job from hospitality industry and I am searching. "The insurance industry continued its pandemic-defying jobs march in July, adding 4,700 jobs as the country continued to... — read more
Has anyone experienced or witnessed an antitrust breach? i.e. AIG exec speaking with other hiring companies?
Please share if you've come across this.
This is how AIG plays the STI game
Jane Doe is job hunting. Jane is a great candidate. She knows she should get at least $120,000 for her vast amount of marketing experience. When Jane interviews with AIg she is told we really want to hire you and we will give you $120,000 in total... — read more
An analyst that owns AIG stock wrote the following, it is a must read for employees!
The article (link below) basically describes in a very technical and unbiased way what a mess AIG has become. The article specifically references that the one "bright spot" for AIG is a 9% reduction in expenses or a savings of $140 million dollars... — read more
AIG upgraded to buy from neutral at BofA Securities
what are they smoking?
Hope you aren't waiting around for STI this year
This quarter's earnings basically guaranteed that your STI will not be funded at 100%. Not saying none will be paid, but you will take a big hit this year. If you are worried about BD or PZ, don't. They will still get well over 100% plus LTI because... — read more
AIG STOCK BELOW 30
thanks to our wonderful management, AIG stock has gone from 65 to 29 in the last 2 to 3 years under BD and PZ and all their newly appointed 'global' cronies.
AIG 401k roll over to your IRA account needs to wait for 30 days
I was laid off and called HR Shared Service to request 401k rollover to my IRA account. I was told to wait for 7 days and call back to complete this process. I waited for 7 days and called HR Shared Service and was told to wait for 30 days to... — read more
PZ: "We'll give you an update next quarter once we have a bit more experience"
No kidding, more experience needed!!!!!!
Who else wants out?
This is by far the worst employer I've ever worked for. After three years, I'm desperate to find a way out of this place. If it wasn't for the pandemic, I'd already be on my way - with or without another job waiting for me. When my name shows up... — read more
7.9 Billion Loss & Lay off
If AIG wants to re-structure, make it top light and titlt the pyramid. Get rid of tons of 24,23 & 22 who are getting pacakge of more than $250,000 and focus on the operations with the people who do the real work.
HILARIOUS THAT THE BOARD THOUGHT THEY WERE BRINGING IN THE "A" TEAM
Glad they got the net retained cat exposure under control; lol BOOM here is the pandemic for you guys to eat up!!! #arrogance
AIG earnings, bravo!
Hey, AIG only lost almost $8 billion, yes billion. That’s not really too bad. We are well positioned to move forward and should continue to invest $20 million a year in BDs salary. Lol, wtf is the board doing! Overall, AIG swung to a... — read more
August 21
Is the next round going to be on August 21?
Does restructuring breed nepotism?
Question: Does restructuring breed nepotism? Quite a few employees RIFd across the board. Sounds like IT and Ops had more than 10% each based on what's on this forum. IT folks land with good jobs depending on their skills. However, ex-Ops ppl... — read more
aig Earning on AUG 3rd: Hope Management does a Great Job this time.
Lets think positive and the stock price will go up, up, up,
That round of layoffs is over, when do we announce more new C-suite positions?
Isn't that how this works?
James Bracken Thoughts?
Please post:
NYC Offices
A rise in crime and public d–g use near Times Square according to the news today. How are we supposed to think about going back to the offices with coronavirus still out there and this all going on? No thank you. I'm working remote until everything... — read more
Actuarial is full of cliques
People refuse to send information because they want to show their power and for no other reason. Lame reasons like the information being confidential even though many people know it already. When something goes wrong they try to blame... — read more
After unemployed from AIG
Has anyone used the service that AIG provides R* S They are services to help find job, but there’s a part of me that doesn’t trust it. What if they find me job I don’t want, Will they take away my severance for refusing a job. Or worse, if... — read more
What is the severance package?
It was 2 weeks I thought per yr. Has that changed?