We had a huddle today and my TM shared our financial results and State Farm made $17.1 billion dollars this past year!!!! WOW! I looked around and I believe this is the most money SF has ever made in a year. I'm all for working for a profitable company but given that I've been working OT for that last 8 months, spending billions on ECRs, won't hire, and have messed up claims so bad everyone is miserable...it pi---s me off. I was rated a 4 and got a decent raise but it's not even keeping up with inflation. I thought it is funny that MT has not sent out any communications about record profits. You greedy POS! SF could have made 16 billion (still a record profit) and given another billion to the employees in bonuses which would work out to an additional $17,500 for every SF employee. Aren't we supposed to pay dividends as a Mutual company? Why so many people hate corporate America! Remember eventually the peasants will come with pitch forks corporate America! Why sh-t is so jacked up these days!
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If I could like this post twice, I would
So SF sends me an e mail with a link to the SF store. They want me to "BUY" their products so I can "advertise" for them? Really?
Cut , cut, cut so,we can still be number one at 100 year anniversary then I am bouncing out with over a hundred million made since my coronation. MLT
The profits are empty. They laid off highest paid employees qhich accounts for most of it. But now, they dont have enough qualified workers but they saved a penny. Lets just work you to death. What a terrible company...but they'll tell you they are profitable.
Uh, you realize that part of being an insurance company is that someday you have to pay claims right? Where do you think that money comes from? Do us all Favor and maybe actually read the earnings release, also take some time to educate yourself as to how an insurance company works financially before talking your bllshit.
Re----k at it again
We don’t operate alone in a vacuum. State Farm is growing and making money. Progressive just had a 17% rate increase while losing the most policies in its history. Similar numbers at GEICO. Allstate is a huge mess and is outsourcing to India.
You don’t have to like what is happening. But you need to recognize the problems are universal and SF is handling better than most.
Enjoy that $1500, before taxes, in August. Thanks for all you do and Tipsturd appreciates it
Record production in Auto, Homeowners, Business Lines and Life in addition to profit.
So which is it? How do you simultaneously complain that SF has clueless leadership that’s bleeding it dry……and complain about record profits? Oh, that’s right. You’re just beaching for the sake of beaching.
The world isn’t falling apart because of any president of the United States. Our gas prices aren’t doubling because of Biden or trump.
Inflation is so high because of absolutely nothing else than corporate greed.
Literally you still have tipshit up there preaching how we need to do more with less but the company is swimming in cash.
Same example can be put towards the oil companies and any other industry.
The world isn’t falling apart because of any president of the United States. Our gas prices aren’t doubling because of Biden or trump.
Inflation is so high because of absolutely nothing else than corporate greed.
Literally you still have tipshit up there preaching how we need to do more with less but the company is swimming in cash.
Same example can be put towards the oil companies and any other industry.
Remember how they got rich. A bully will always bully until they get a black eye.