Please let me get a low grade on these assessments....
Encompass and Allstate IA to be merged into National General
Page 10 of the investor deck highlights: Encompass will merge into Nat Gen and Allstate IA relationships will be transitioned to Nat Gen over time. Significant expense efficiencies to be realized in year one. Page 13 highlight: Forecasts only... — read more
Cancel those policies
If you have not done it yet, cancel those Allstate policies today. I know that it will just be a drop in the bucket and will not make a big difference to the company.... but if feels so good....
Now claimant rental process changing???
Now claimant rental process goes to a reimbursement process?????
Allstate stock
Allstate stock just dropped below 90.00 on the news of the purchase. Tommy better pump in another 500 million to stock buybacks quick..
ALLSTATE BOUGHT NATIONAL GENERAL!!
Wow, can this company get even more grimy. So you laying folks off, but you just bought NG insurance for 4 billion cash! What the hell!! Wow, just wow!!
My breakup letter
Dear Allstate, When we first met I was excited to start our adventure together knowing we would make a great team. When we first got together I was young, wild and free. I was wide eyed, bushy tailed and ready for all the things you offered me. I... — read more
Everyone! We are out of here
We are being replaced! Let’s just take the assessments that we will never really know how well we did because they’re a complete sham and a waste of 45 minutes. We will never know the results so they can tell us anything they want. What they want is... — read more
Not overly optimistic
Allstate wants to be Geico... Geico can be Geico better than Allstate can be Geico.
Now you understand
Now you understand why the tenured employee does not matter anymore....
Sorry to burst your bubble
With this announcement, I would expect the estimated layoff percentage in this round to be bounced up considerably which is probably the reason for the delay in moving with it. Why wait to consider consolidation in the current layoffs. Lay-off... — read more
For those left behind
If you survive this round of cuts...don’t breathe any sigh of relief...prepare for the consolidation cuts that are coming next and it will be the higher paid Allstate employees that were left behind this time around. Allstate agents have a big... — read more
Breaking news
Announced yesterday that Allstate spent 4 billion in cash to buy National General and pick up 9,000 additional employees. Expect those employees to be rebranded to Allstate in the near future and those additional employees will be picking up... — read more
Allstate to Acquire Rival Insurer National General for $4 Billion
https://www.wsj.com/articles/allstate-to-acquire-rival-insurer-national-general-for-4-billion-11594182627
Is this what all the layoffs were about?
So the company could buy National General for $4 billion? And now I'm positive we are far from over with layoffs, they didn't cut nearly enough people to cover that kind of expense. Then add consolidation layoffs to the mix... And just when I thought... — read more
Redundants already picked out
@OP+15Os43j2 says they shared info on plan. Plan is whoever has hourly wage or salary above their MRR is out. Esp red circled for grade. Bullseye bye bye. The Adept-15 and other stuff is protection from a lawsuit. if it matters signing the arb... — read more
What????
Allstate spent 4 billion on what????? Adds 9,000 employees. I definitely missed something.
Pipe dream?
What if we had a federal tax for large corporations equal to the percentage of workforce employed or contracted abroad? 10% staff located in India and Ireland? 10% tax.
ECs
I don’t know of any other companies who use Evaluation Consultants in claims. Everyone else delegates adjusters a blanket authority based on their level, and if more is needed they go to their managers who in turn have to seek additional authority... — read more
Who is next
I heard there is another round in IL and Florida tomorrow.
Allstate stock
Allstate continues to drop and is now closed under 93.00.. Are the investors finally losing confidence in Wilson and gang on the long term vision for the company???
Esurance underwriting
They are eliminating all esurance underwriting people
CSL and RCL
I unfortunately highly believe these two positions are goners.
Redundant
It sure feels terrible knowing my job I have so proudly worked hard for all these years may possibly be considered “redundant”. Isn’t that a good way to say thank you? Thanks Allstate for kicking us while we are down.
Allstate leadership doesn't care about the future
If they did, they would not be getting rid of the most experienced and most knowledgeable employees in every new layoff round. Instead of investing in the future, they are gutting it. It's not too hard to figure out there is no long-term plan for... — read more
Active Job Postings
Why are there 200+ open positions in midst of active layoffs? How about levering internal talent for these opportunities? Aren't we encouraged to learn new skills? Be agile. Well ALL, be transparent...and not by just saying the word over and over.
FSL
Has anyone heard more about the FSL role and how it will be impacted?
Allstate ethics and Motives Quize
From one to Ten, (10 being in-agreement Allstate has highest ethics & motive practices). Do you believe employees of Allstate have good ethics and morals? Data Research and technology JK Example: Allstate misleading work results data and... — read more
Allstate made us sign
I don’t know about you but Allstate made our office sign something early this year that says we will not sue Allstate. Anyone else?
KEEP THIS FORUM CLEAN FOR OUR SAKE
Can we please keep this section of the forum clean for those Allstate employees that are seeking true answers that managers are failing to provide? I’m an OP from another highly viewed topic in this forum that held some crucial information about... — read more
For 30 plus years
I have had Allstate insurance for my 30 plus years of employment with the company. Even though I knew I was paying significantly higher and did not always feel process changes were process friendly... Felt it was important to show loyalty to the... — read more
Anybody stll likes working here?
Let's be honest, working at Allstate wasn't always this bad. On the contrary, I used to enjoy and truly love my job years ago. But that has completely changed. Now even the idea of heading to the office makes me feel sick to my stomach. Am I the only... — read more
Why should we stay??
Even if you make the cut why would you want to stay here? I personally cannot stay and will look after seeing my peers treated like dirt in a pandemic. The way the company has handled these “transparent “ cuts, previous cuts, terrible/low raises... — read more
Skills assessment format?
I keep hearing different things about who will get an assessment, when they will find out, when they will actually take it, etc. I even saw a post showing to content or sections of the assessment. I was wondering if anyone knew the format it will be... — read more
Who Controls Allstate?
Both past and present. How did those currently in control come into power and why are they acting with such callous disregard for loyal employees and American people? Why are they so deceitful and two faced? This is just wrong and” they” should be... — read more
Tom contradicts his own recent quotes about capitalism
Tom I don’t keep my word Wilson already took away $350 mil in agent revenue, 3,700 in company layoffs, and a 2020 pandemic Stock buybacks AFTER receiving corporate tax breaks for “reinvestment”. Recent comments made by Wilson: businesses... — read more
Ivantage
So when is Ivantage doing their layoffs? September 2020 or January 2021?
Another long time customer
I am another long time customer and wanted to see why Allstate employment was trending on Twitter.... The animosity of the employees that I see here does not make me as a customer feel that I am in good hands....particularly what I am reading on... — read more