Just sayin
Allstate net income in last 6 months: -$1.6 BILLION
The last two quarters Allstate has reported net income losses of $1.6 BILLION. The directors and senior management should be replaced. Tom Wilson should be the first one out. Allstate has gone from 2nd in insurance to barely hanging on to 4th... — read more
WNS Vendor
Licensed Service is being transferred to WNS,the new Vendor from Pune India? I hope We got placed with right company.Never heard of this company. This is taking place on December 13th 2022. I'm worried. We have not been told what are new schedule is... — read more
I suggest a new industry
I have worked for 4 different insurance companies in 17 years and currently with Allstate the last 5. I have worked incustomer service, claims, product support, and other departments with each. I have been equally dissatisfied with each for... — read more
Allstate 3 - 5 years from now
I honestly think allstate's main goal is to transfer as many departments as they can to overseas vendors to save as much money as possible because they know the vendor will only pay employees a fraction of what allstate pays employees now. In the... — read more
Only three plays currently in the Allstate playbook
Allstate leadership has no creativity and cannot think out of the box. They have three plays: buy back stock (to keep price stable), raise rates (to try to control margins) and layoff employees with an occasional purchase of an underperforming... — read more
Word to the wise
When you leave Allstate, cash your pension as soon as you can. Allstate can end the pension program at any time and do not assume that Allstate will not try a bait and switch on it. The 401K is YOUR money. The pension is a commitment that can change... — read more
Moving hq to downtown Chicago?
Thoughts? https://www.insurancejournal.com/news/national/2022/11/07/693878.htm
Why aren't more of you leaving?
Things are bad. They are worse than they have ever been. I would leave if I could but due to an unfortunate set of circumstances, I'm stuck here for now. I can't understand those of you who are not stuck like I am. What's keeping you here? Why not... — read more
Torturing us with our fates
A lot of areas and individuals won't know their fates until 1st or 2nd quarter 2023. They give thousands of Allstaters this vague information where they don't know if they are being transferred to another employers or laid off but it is one or the... — read more
Esurance
The people who don’t get sent to vendors from Esurance will they just get laid off?
Lay offs coming for senior manager and directors
Those without enough directs are going
Systems all down
Hopefully our blessed vendors are on top of it. 🙏
Tom Wilson is a person of high integrity
People that say other words are just upset about layoffs. He is the kind of person that if you were struggling financially, he would help you out
We don't have leaders
Too many claims managers (they are not leaders) and senior managers who know nothing about the discipline they manage. They’ve been able to stagnate for years with no development of their own or of their people. The solutions are always pay more... — read more
The only proof you need of the evil of ALL
The HR online documents to this day refer to the severance that laid off employees may be entitled to. It is also well known that the senior leadership felt ( and actually verbalized) that they we’re scre@@d in severance payouts in 2020 and it... — read more
Shady allstate
Allstate has done us so bogus. Said they are eliminating my whole dept and sending us to Concentrix before next month
So many useless managers
Sometimes I wonder if our competitors have as many useless managers as Allstate. I'm sure there are managers there who do almost nothing, but I don't believe there are as many as here. If this company would get rid of only a few of them, it could... — read more
WLS I-Team interested in these details
Hello. We have heard about Allstate's potential layoffs and outsourcing and we want to hear from you! Are you impacted? Are these methods ethical? How is this being done? Allstate is an important part of the Chicago community and we need to know more... — read more
Nothing will get better as long as...
hard working employees who actually still care about this company are getting cut ... while the managers who earn large sums of money and do nothing still remain here. Just saying.
The board is useless
This leadership team pats themselves on the back saying their brilliant plan is working perfectly piling up billion dollar Losses.. Every member of the board of directors should be put on their a@@…for Not taking the appropriate action and continuing... — read more
Who is being moved to vendors
Reading some posts. Can someone clarify. Who got laud off this week and what departments are being mived to a vendor? Thanks
Key Phrase from Quarter 3 Earnings Call
"Transformative Growth is working beyond expectations and will expand in 2023 and beyond" Yikes! Buckle Up!
Long term incompetence
When Tom Wilson took over, Allstate was solidly the number 2 carrier in America. On his watch, Allstate has dropped steadily and is now making a run towards number 4. The only win has been stock price which was driven artificially in large part by... — read more
“TG will make us more competitive”
Allstates rate of increases have been higher than competitors nearly across the board while customer service continues its spiral downward. TG is a failure..Allstate continues to lag behind major competitors in nearly every area. Allstate is the new... — read more
Endgame
It's funny how the company will continue to be worth billions. The ceo will collect 18 million dollar salary. I'm sure he's saved something over 15 years. Yet, they claim to be hurting or saving money by getting rid of your workforce who takes care... — read more
Can’t wait to get my vendor severance!
So long! I’m going to be ROLLING in dough in a few months! It’s a new dawn, it’s a new day, and I’m FEELING GOOD! I may just take a year off and not even work
100% Digital Allstate.
Once the company completes its digital transformation there will be no more phone handling of claims. The savings will be incredible as the need for human voices on the phone is no longer necessary. The digital customer experience is going to be... — read more
December Layoffs
It shouldn't come as any surprise that the layoffs will hit in December. When the C Suite says "Reduction in Force" it's a nice way of saying: "We need to pad our pockets, and those of the investors." Allstate has made so many flops. We can't even... — read more
Vendor transfer may mean new job
The vendor handles many of fortune 500 companies. Your salary may prevent you from staying with allstate model but you could be moved to another client. It's not all doom and gloom
First batch of rebadgings to vendor set for December
Parts of CCC licensed being moved over in December for onboarding and orientation. First Allstate employees from my understanding.
Does anyone know what will be in the vendor contract if transferred
My concern is that we get transferred and they keep us a few months maybe a year to help their employees get up to speed then lay us off with no severence. I have heard that we will get the same pay and pto initially. Does anyone know what will be in... — read more
Allstate only creates more problems
Instead of solving big issues, our leadership obviously prefers to sweep them under the rug in order to replace us with a cheaper workforce. That cannot be a good solution. Is there anyone competent in top positions who will finally realize that... — read more
Allstate “handlers”
Come at me dudes. Show me what you got. We know that you are our to respond to negative input on Allstate by giving “thumbs down” or acting like happy Allstate employees. It is always obvious who you are… But let’s get real. There is literally no... — read more
Does Allstate have a plan….
….or are these cuts just knee jerk reactions? Remember a year ago they said we want to be the cheapest? Now they are raising rates? Are they heading back to the cheapest plan with all these cuts? Insureds will leave after they have a claim. I truly... — read more
The hand of fate
I feel most sorry for those who are hit by someone insured by these monsters and who are forced to deal with their endless ways to avoid paying what they owe..
Direct Sales cuts coming
With recent departures there is more of a shift coming to online and agency sales and a stepping back of the direct sales initiative. Word is a reduction and revamping of direct sales coming soon.
Commercial Shutting Down
Word is job cuts at the commercial units is imminent. Cutting of auto fleet for several states is coming due to heavy losses
TRY calling Nat Gen today….
It is a joke. Phones are ringing and ringing. An adjuster at Nat Gen told me today that they cannot write any checks or adjust any claims because of the merger with Esurance! Everything is hitting the fan all at once. They are depressed and... — read more
To those who doubted me.....
I recall at the end of August and into early September I gave some high-level information about some potential layoffs but didn't want to go into a ton of detail because I needed to protect myself. People doubted me and were rude when I was trying to... — read more