Ok just want to poll everyone and see how many would take a buyout or severance package if offered. Just post your dept. years of service and yes or no. And trolls please stay away, you are completely useless and not needed.
I wil start.....
U/W, 25 years, Yes
Professional po---r, 39 years, took a severance - best choice ever.
Claims, 31 years, yes in 2016. It turned out to be one of the best things that ever happened in my life.
And you sir are a perfect example of how we got where we are at. I would not fly on any airplane you designed.
6nkz – I retired from SF 2 years ago, 21 years in ET. I was, and still am, amazed by just how complex the technology is. The more I thought about it, the more I was astounded that any of it worked at all. And I don't mean just State Farm – I mean all of it, the internet, private networks, the cloud, etc. And all it takes is for one link in the chain – a chain with multiple thousands of links – to go bad, and it affects everything. I, for one, and happy when it all works.
Yea, we all have had a great deal of time to consider what exactly you are doing in ET, as we sit for 2–3 days at a time with no systems to work on. You guys are so awsome!
It seems the experience really does change based on the department. From the comments, Claims seems like he–l. My experience in ET is far different. I’m very happy (and we have gotten a sh–t ton done, it’s people on this site who literally have no idea about tech making comments about “outsourcing.” It not worth debating with people who aren’t familiar with what we do, have done and how we’re doing it).
Someone said SF wants people to leave. Not true, at least in ET. Our department did lots of salary adjustments to raise salaries to keep people because of the competition and that’s on top of salaries usually starting well over the 50% percentile in the job grade range.
Claims does sound miserable, the the impact to claims service will hurt our reputation.
Liberty mutual just offered 3 weeks per year of service up to 90 weeks pay dropped into a retirement savings account.
@Jack Mehoff, SF doesn't want to pay severance to the employees with 10–20 years experience. It is likely much more of a cost savings for the company to have tenured employees become fed up and quit or make the metrics/standards so difficult to meet that the employee is terminated for performance reasons.
I hear ya for sure. SF is a complete contradiction in itself, there is never any mention by Tipsy and the arszzz bunch about how they are working to make this a better place for employees and without directly stating it, they want high turnover and people to leave. This is not new in corporate America but for some reason these puzzsssy's won't man up. IBM, Cisco, FedEx, American Airlines, and numerous other companies just clean house. They make the deal so sweet that anyone even consider leaving...leaves. That is how you run a business..... out with the old and in with the new. If you know employees 20 years and up pretty much hate SF...they throw a few years time service and a year's salary at them. Let them decide and if they don't take the deal there is no one else to blame and the company/Exec can at least say hey we offered and maintain just an ounce of integrity. I guess I just answered my own question, these people don't have an ounce of integrity!
Claims - Training I wish I could say yes, but I can't. I'm too old to leave and have the golden handcuffs. Need a few more years to retire with (an almost acceptable) pension. If I could retire now with the same full benefits that I would have in a few years, I'd be gone so fast it would make your head spin. The new TM's (made within a couple of years) and LDA TM's that are "leading" our people now are beyond incompetent. Personnel with 10-20 years that know how things are supposed to go are exhausted from overwork and TM's that don't care about them. OT is mandatory and nobody cares. Reps just can't keep doing it because it's taking too much of a toll on them. The Claims Ninja (YI) and executive are absolute mo--ns. We are losing people daily because of them. Gives me job security, but when people call me a year or two (or he-l, a week or two) after I've worked with them and tell me they're ready to quit, what am I supposed to say other than do what you think is best for you and yours. Nobody above your peers will care.
Agent here, I would go if they simply paid me the balance years on my aaip. Average the past years an pay the remaining years and I am good.
To ET–16 years. What has ET delivered except problems afters problems after problems with no fixes!! Should outsource ET and we would do better.
@1qsh....I think most anybody who has worked at State Farm has “contacts”. Meaning people we once worked with who are still at State Farm. Many even remain at State Farm but still have “contacts” from the past who are now in different locations with the company.
@1qsh, Did not lose my job and was not forced out. I was remote employee and position was moved in office, but over 50 miles, barely, thus severance was an option. Just prior to separation new remote positions came open, but my assessment was "What has this company done recently to show me they will act in the interest of their employees?". We all know the answer to that question. In fact, I accepted my new position and went out in the market and found my current job. What is "intriguing" is your apparent need to comment on something you know nothing about.
AEA 28 years....just tell me where to sign......58 years old....would do just fine and would probably get a part time gig doing something I enjoy...I have prepared and would be ok.....and going back a post or two....I think the severance caps at 52 weeks......plus I would cash out the vacation
WOW 37 years! You have made it a lot longer than I would have but it helps being out in the field in your own micro-cosmo. Enjoy and well deserved.
State Farm needs to do the right thing. It's obvious SF sees employees as a burden to it's success. There line now, if people give feedback or express displeasure, they tell you how fortunate you are to have a job and shut up! Give people an incentive and they will leave. You can finally have your dream culture of yes id--ts and people that love their jobs/being micro managed. The trolls can post how wonderful it is!!! At most, for most companies, it takes 1 year or less to recoup the cost and you now have disgruntled employees gone and you can get on with your scam...I mean future model! Offer folks severances/buyouts, credit some people some time service/years, pay out the PTO.... I think the real problem is it would completely embarrass the upper arszzz hats. If 20-30%... or more of the employees left and took the package then their big lie will be exposed....hey but we are adding policies!!!! When they offered buyouts to the SMs and CMs, about 30% of the offers were rejected and they took the money and bolted!. That let them know exactly what they needed to know. It would be worse for the rank and file and would dang near shut down the business as they could not replace the stamped out the door! Agents too!!!
Claims, 20 years, yes
Fire Field Proximity, 37 years. YES!!
Even though I like my job ( I used to love it) and have an awesome boss, I need to say goodbye to this merry–go–round of insanity. So much so that I will initiate the retirement process next week and will retire 3 months later at age 60, even with a 15% pension penalty my health and life are more important. The kids are out of college and in their own careers, mortgage is paid off, have been pro–active with 401 and investments, etc. It’s time to leave. Really looking forward to handing in my company van and laptop. Good luck everyone.
You’re welcome, I’m in a position where I’m loaded financially. Nice inheritance I also invest heavily, now run e–commerce all while adjusting.
My TM gets on my a–s about moving up in reality, there’s no job easier than adjusting with the benefits and I’m literally ki––––g investing. Now in reality I see unemployment and maybe a few more hours of classes as my next move.
If I lived off what I got paid to adjust I’d be lucky to afford a trailer. Feel bad for a lot of the people striving for advancements they will never get without connections.
My last comment now.
Claims 34 years yes
You can leave after 25 years IF no divorces, no vices, no self medication, no mental illness and have lived within your means. That sure as heck doesn't leave many of those but a small population!
@1cyv "your contacts" how intriguing. Would you have left in 2018 if your office didn't close and they paid you the year's salary? You only found out it was better by being forced out but thanks for insightful comments about how people should just leave and instead of "feel" the need to stay.
Claims, 29 years (2018) took the severance, got a different job for more $ and feel bad for those of you who "feel" you need to stay. My contacts have told me that management still operates from a position of fear and the Emperor still has no clothes.....
Previous post––excellent thought process and thanks for the genuine post, unlike the d–ck less, mindless trolls that haunt this website....they just can't resist.
Correct me if I'm wrong but right now Involuntary Severance is 1 weeks pay for the first 10 years and then 3 weeks pay for every year after 10. Voluntary Severance is the same except 2 weeks pay for every year after 10 weeks.
Each person is in a different financial situation, but a 25 year employee receiving involuntary severance would get 55 weeks of pay plus be paid for unused PTO and unused legacy bank. I believe severance is capped at equal to a years pay. Regardless it is a chunk of change!
What could you do with the payout? Invest...and what will it be worth over time...invested? Also if you could only stand to work at SF say till 52–53–54–55 but you find something you like, even with reduced salary/pay, you are still going to come out way ahead financially if you worked to 62 at another job without all the stress and headache. Some people even found out they can command more money once they leave SF. Also if you only work 25 years or so and take another job/benefits/real 401k match you can delay taking your pension and 401k...that is huge. For most people that have over 20 years with SF and can get another decent job, taking the money is probably the best decision you could ever make. Several former SF employees that did this when their offices closed have stated they were terrified at first but now it was a financial windfall and the best thing to ever happen to most of them.
Adjustor sitting on a degree but a niche career field with rare openings outside of the farm.
No debt house owned.
With all the amount of rework, and internal incompetence. My fiancé and I have been hoping even though I’m good at what I do, my lack of ambition to move up etc could put me on that next layoff list so that way I can just still get a partial unemployment paycheck, and finish a vaguer degree or do some entry level bs somewhere else.
The benefits and education are nice it’s easier to build yourself up and move out vs moving up.
Just sucks I’m kinda geographically stuck unless I rent out my house and start all over again elsewhere.
I really wouldn’t even care for a severance getting legit unemployment, with the opportunity to be a full time student again would probably be life changing for me.
Agent , yes for sure.
Goes to show idiocy! Severance is not enough to retire on after 25 years.....d..b comment! He/she does not know your financial position and shoots from the hip with a comment like that. See how "they" think "they" have power over your destiny? Laughable.
none of your business
To the OP, severance isn’t enough to retire on after only 25 years, so you must know you’d need another job. Since you need another job anyway, why not leave if you’re that unhappy?
ET-16 years. No. I like SF a lot, never could relate to much of the complaints on this site. I really like the product management design and far far less red tape than before the transformation. We get a lot done.
Auto estimator. 34 years Would I take a buyout. Absolutely in a heartbeat.
The answers speak volumes. Shame on the pius elites.
Agent, 33 years. In a heartbeat.
Tech analyst - ET 9 years. Yes for sure
Illinois does not require severance but it’s the right thing to do as a company
Agent, fk yes.
Enterprise Technology, 27 years. I don't think I let the HR guy finish getting the words out of his mouth with the offer before I said yes three years ago.
Agent, 26 years. Yes