Is there a mass exodus now that people have gotten cr---y raises / found out other companies are willing to pay more?
19 replies (most recent on top)
Who is going to buy AIG? Honestly everyone in the market knows that we change course every year opening and closing lines of business as we please, leaving brokers and insureds in Deep sh1t wihout any concern for tomorrow.
No strategic view at all, only day by day management
- I also see more and more people put in charge of roles for which they have no knowledge nor experience... I didnt leave yet because I'm happy with my job /manager, my team is pretty small and I basically do whatever I want, it's.not easy to go back to a regular working environment! My dream is either leave For a company that pays more and has 3 or more days of working from home or take one of those stupidily paid positions at AIG, where noone understand exactly what you do, to make the big Jump (I know they cut this roles evey now and then but I don't care, I'm still 40 and I can manage to find something else, I just want to milk AIG )
Meant "toot your ho-n!" LOL :-)
Left AIG this year. I'm 62. Now making $17k more annually than I did at AIG. Don't feel discouraged by your age. If you have the skills and experience, then toot your ho-n.
Everyone understands lifers. If you have been here that long you aren't going to jump and make the same money if you can even find something. Execs get paid stupid money just for being friends so why not? Lifers and execs make sense. It is everyone else that is sabotaging their careers by working at aig. If you are not an exec or close to retirement and you really think aig is the best place to work, well, then I guess you get what is coming to you.
For the comment about lifers hanging on to retirement, what choice do we really have? I mean, I could be wrong, but what market is there for someone in their mid to late 50’s? So yea, I’ll hang on as long as I can, until they either rif me or 62.
Everyone needs to keep working hard to get that stock way up
Work, work, work
The CIO is 100 percent correct. The staff that had the knowledge and talent to move this company forward was let go last year. Then AIG handed it over to the dark abyss that is Accenture. So, if upper management wants answers to why we have this issue, they only need to look in the mirror.
Mic drop......
AIG CIO just said, in town hall meeting, how disappointed he is in the IT resources and that the current set of people do not have the ability to perform current and future requirements. Anyone in IT at AIG that could not read between the lines, prior to now, has heard it clearly stated that AIG has no confidence in it's IT resources. IT Management has vacillated enormously over the last 7 years often more interested in managing up rather than adhering to a strategic direction that will truly help the business going forward. There are some incredible IT resources still at AIG and I would suggest that they catch the Great Resignation Train and leave AIG for a company that actually values their IT organization.
4 in progress interviews the last week after stating no raises because the budget is smaller then last year. However record profits?
Sc--w AIG right now. I am leaving 1 way or another.
The narrative on this site is really more in line with people leaving on their own than layoffs....and I love it. I am also seeing it first hand. My job luckily has not changed much.....yet... but it soon will by what I have been recently told. I might be exiting as well if its not what I want. Lots of jobs to be had.
People need to keep working hard, it will help boost the stock price
I left two months ago after bonuses and I feel amazing
The question is more like how many are staying. The one post hit it spot on that most of the good talent left and just lifers, executive cronies, and people too young to realize reality
Most talent has already jumped. What's left are clueless executives. Lifers hoping to make it to retirement. A few newbies that believe they have a chance at career progression. Mostly what's left are loser employees that don't do much and have no ambition to try to get another job.
Agree that days are numbered before divisions are sold piecemeal to the highest bidder.
Very perceptive comment by 1nwy+1gBBy1jo
"The exodus will continue since there’s a vibe that everything is being looked at now thru a short term lens. Wouldn’t surprise me if someone buys the AIG businesses, migrates business to their systems,*
Aig is drowning and everyone is starting to realize. I know many people who are leaving and I plan on making my exit soon. They don’t want to give raises, promote and force people back to the office? Sounds good. Bye!!!
Lies.....it's more like 38...
39 people are leaving.
Yes, in essence folks are riffing AIG instead of the usual process of AIG riffing folks when it suits them. And yes, one reason is comp that didn’t come close to keeping up with CPI. Another root cause I think in tech at least is the back to office mandate. Many people who formerly worked out of Berkeley Heights now have a much longer commute to the new location. For many, this is the last straw, especially for those who have options, because the word is out, it’s poaching season on AIG people, especially in tech.
Last reason the exodus will continue is there’s a vibe that everything is being looked at now thru a short term lens. Wouldn’t surprise me if someone buys the AIG businesses, migrates business to their systems, and lights a match to the AIG tech stack, because it’s a smoldering dumpster fire. Hope I am wrong, and I bet this comment gets taken down because it doesn’t fit the propaganda coming out of HQ.