Thread regarding State Farm Insurance layoffs

Recent industry education announcement

Email came out today saying SF will longer pay for industry ed conferment trips. Instead we get a $2600 bonus grossed up. Yet another way for our leader to shift costs to us as employees. While it’s grossed up it will still have an impact on our tax situation and be little impact to SF

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| 4251 views | | 18 replies (last December 17, 2019) | Reply
Post ID: @OP+12tMc0VY

18 replies (most recent on top)

To listen to you people endlessly complain is mind numbing. The company just INCREASED the amount of money they will contribute annually to tuition reimbursement, and is not only paying for all of your CPCU materials and exams (about 1k when I took it), but will give you $2,600 as a bonus! And your complaining? That’s plenty of money to travel to the conferment, and now you can pocket the money if you don’t take the trip.

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Post ID: @5uuw+12tMc0VY

What......Why do they get special treatment and work bees get the boot!!

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Post ID: @5ltx+12tMc0VY

I wonder if they will also stop the annual AZ spa treatment trips for AVP and above.

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Post ID: @5tww+12tMc0VY

Yeah, well SF was considered a great employer and the best insurer. But now they want seen to want to be neither. Being the second best GEICO makes you the first loser dumb–ses at SF.

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Post ID: @4mvs+12tMc0VY

SF was an outlier on paying for trips. I think our competitors went to the bonus versus trip expense many years ago. I have all the designations and agree after being shoved to the curb that it would be better to get an MBA.

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Post ID: @4bqc+12tMc0VY

@2asr - Give up the Exec private jets? H-ll no. There is no greater pleasure (outside of a concubine) than the extraordinary luxury of a private jet. I don't have to deal with every halfwit, booger eating commoner when boarding my jet. And they have extra...... perks.

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Post ID: @2vty+12tMc0VY

Then I can't see my girlfriend....stop it....

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Post ID: @2rgm+12tMc0VY

take away cpcu confirmation trip? there goes cpcu.

if mike is concerned about expenses will he give up his private plane?

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Post ID: @2asr+12tMc0VY

If you want to remain competitive, forget the CPCU/CLU etc. Get your MBA so you wont get pigeon holed into the insurance industry. Once you're finished with the MBA, then consider these low value insurance designations.

As we have seen, an MBA is better to have when they're looking to show you the door when "strategically positioning resources" (lay-offs).

I remember the commercial, "When I grow up, I want to be an FLL in an insurance industry (paraphrased) call center."

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Post ID: @1rjb+12tMc0VY

The answer is "What can help the company for the Business and actually apply it!!"

All these trips did what? Apparently it did nothing as the policy counts continue to go down.

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Post ID: @1dvm+12tMc0VY

I was in a training program when the trip happened and caught all kinds of ....for taking the trip. It was even hinted at that my future in the program might be in question if I went.

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Post ID: @1ems+12tMc0VY

@1gwn who gave you grief? up until recently attending the conferments was considered the reward for putting in the work. I don't know anyone I worked with over the years who caught grief for going.

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Post ID: @1gls+12tMc0VY

Cpcu is worthless , like clu,arm, chfc....my mgr talked me into going for these instead of mba at State years ago. That was Dumb.

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Post ID: @1wzy+12tMc0VY

I went to the Hawaii CPCU conferment. It was 1995 so 24 years ago now. Caught all kinds of grief for going, but have zero regrets. Company has broken many promises since then and keeps asking for more sacrifices all the time.

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Post ID: @1gwn+12tMc0VY

They are really driving it in balls deep.

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Post ID: @abp+12tMc0VY

Yeah, Hawaii didn't help, but SF had already gotten CPCU to no longer do Hawaii conferment. I get why SF is dropping it, it did feel like getting a free vacation. What really bugs me is that now that I have my CPCU, SF is tightening the purse strings on paying for things like being in the CPCU society, which feels lopsided.

Sure, pay for the designation. Give us a bonus, but not for the upkeep? Seems like not really valuing the industry education.

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Post ID: @xbd+12tMc0VY

The CPCU conferment in Hawaii several years ago didn't help. SF sent several hundred employees there. People would time their finish to coincide with that trip. In addition to the money spent there is also the cost of the employee getting essentially a paid vacation.

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Post ID: @hax+12tMc0VY

Trips are expensive and unnecessary with my premium dollars.

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Post ID: @hpd+12tMc0VY

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