Tom is making 36.4 million every year. Would inflation ever affect him. We struggle to get a raise of 3000 usd a year and if we get it it’s taken away by increase in medical insurance. I have lost complete hope in this management and company. Soon they will be up for sale or they will buy someone and call it Transformation.
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That’s a really long post for someone who is no longer here. May I suggest some counseling so you get over your separation anxiety? Clown
Yes, Allstate is way behind rivals. Look at loss of market share over the last 10 or so years. It would be even worse if they didn't have mountains of cash on hand to artificially inflate growth numbers by buying companies that they will eventually run into the ground. There is no organic growth. The company is filled with Director level and higher people that have no idea what they are doing. There are vice presidents in certain areas of the company that do not understand basic coverage concepts. These people are paid tons of money to do nothing except drum up power point presentations and create inefficient processes so they can create reports nobody looks at except them..... but hey, it makes them feel like they are doing something. I could not be happier to have left this company. I come here from time to time when I hear things like Shapiro leaving because I feel bad for my friends that are still there and are impacted by this inept leadership. It is disgusting that Wilson makes so much money considering the massive amount of market share Allstate has lost on his watch. If only we could all fail miserably and become millionaires 100 times over. What a joke. I strongly urge those left to take a leap of faith and get out of there. There are companies that pay better, have better benefits and have leadership that actually leads. The bloated beast of Allstate that is dragged down by highly paid do nothings will be around awhile. It is too big to die a fast death, but don't die slowly with it. It is not worth it.
It’s really unethical and obscene when you think on it. CEO’s and their mercenaries have ra--d and pillaged American workers and customers for about the last 40 years. They have zero conscious. It’s not okay. As far as Allstate employees are concerned the best we can hope for is to land a better job or get laid off or both! I’m not proud to work here anymore.