So, I hear an internal study about State Farm's employment package came back really bad.
It found employees are grossly underpaid, and benefits are much worse than comparable employment with other companies.
Bet the peons never hear anything about it.
The sad reality is that HR is in communication with the HR departments at other companies to ensure that salaries and benefits are within a certain range of each other. True, they may be working through third-party vendors, but the intent is there none the less. How do you think they come up with the salary range changes each year? Wage surveys are done, that's how. Bottom line, each employee is an expense that needs to be managed. You will not become wealthy working for the Farm, but you may become priced out just before you are pushed out. To anyone starting out, remember this: you are useful to the company until you are not. You are an expendable resource to be used up and cast aside. The day that you can look around and realize that you are the most senior person on your team is the day your career is most in danger. Good Luck to you, and I hope that you can leave on your terms, not theirs.
Go on LinkedIn and you will discover SF talent that left or was pushed out (ageism)
working in higher paying positions
Competitors love State Farmers with 15 plus years of experience. There will be a day when these same people will be let go via transition/ageism and applying to jobs of competitors..... And we will remember
When you have management starting one on ones and huddles with "So I hear...." there's a strong chance that's why you see posts starting the same way.
Tipsord & Son are masterful at having arranged for PA to respond almost immediately to anything negative against their regime on these boards.
If Tippy, execs and the CC really cared about you, they would back date the supposed 401k increase match to 2019 and not wait until 2020. At least they do care enough to install defibrillators into the offices. Good for optics.
Why do you think so many people took a transfer? Guaranteed home sale and they move you to an area with great job competition instead of just a handful of large employers. Now that loyalty has been k--led its easy to find work that's a step up and there is impact to home prices from any one company doing anything.
"Will be addressed in 2020. Good news"
Ha, it's a little too late for that! Most of the best talent has already left. A lot of talentless such ups like you left though.
Will be addressed in 2020. Good news
But what about their studies from before they implemented their labor cost cutting strategy? They were running around telling us that "we can't pay too much for our jobs or we can't sell a competitive product", basically warning that they thought we were all overpaid and that things were about to change. This was literally something they just went around saying everywhere before they started gutting the SF labor force like a fish.
ILR and Express was implemented, and tons of cheap PAs were hired with the intention that these people could do exactly what the current labor force could do, but for less money (and better quality too? lol). Tons of exempt MG2 managers were put into place to do a job that was typically done by MG3. The ILR SMs were MG3 instead of MG4. Over time, there was a realization that they needed more and more out of these people, and the result is they are/were being underpaid (on top of many being unskilled for the roles).
Tenured RB2/RB3 (now RA for whatever reason) were and are being pushed out so they could be replaced by RA1 and low end salary range RA2.
At the end of the day, they need to own their terrible mistakes. They pushed experienced talent out the door to try to save money, and are paying the true price. There is a reason for paying higher wages! You retain better talent and you aren't in this constant state of hire & fire/quit with your employees.
They are getting exactly what they deserve with their cheap labor model.
It would be nice to see a post that doesn’t start with “I hear”.
We know. That's why there's such high turnover in the hubs. Right now I love my work-life balance so don't want to bail but if my department starts to svck it, I'll have to review my options.