Topics regarding layoffs at State Farm Insurance

Topics regarding layoffs at State Farm Insurance

New Claims Hires Are Able To Negotiate Their Pay

One of the biggest areas of contention in claims is the pay. Recently I learned from a new hire that HR is negotiating pay with new people coming into the fold. Some of the new hires are making more money than people who’ve been with the company... — read more 

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| 3600 views | | 20 replies (last March 30, 2023)
Post ID: @OP+1lPUVEvE

Way to go, Mike

congrats as i read in Crain's your haul of $25 million for 2022. Even though the company lost 3 times the billions lost in 2021, somehow you managed to overcome the optics of it. Even on the best CEOs list. Keep up the good work

They want me to quit

I have a feeling that I'm being forced to quit. Too many things have happened in a short period for it to be a coincidence. I'm not sure what to do. I don't want to quit knowing there will be layoffs soon and miss out on severance, but I don't know... — read more 

Are they spying on us via our laptop?

Do you know if the company is able to listen to our conversations at home or watch us through our camera while we are at home working? Wonder if we are being watched or listened to whenever our computer is signed on?

More HCL to come

Get ready for more HCL to come in and claim more job roles. Those in Ad Serivces that perform Technical roles and work with the ET partners through collaboration your next on the docket.

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| 3250 views | | 6 replies (last March 21, 2023)
Post ID: @OP+1lHAG58X

New CEO?

When will they announce the Board decision?

Where is the MIP/EIP results?

Something strange is going on.Where are the results?Today is the deadline for updating 401k contribution and tax withholding but no results.How do you make decisions without information?Are they going to take bonus away since he made so many mistakes... — read more 

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| 4080 views | | 21 replies (last March 19, 2023)
Post ID: @OP+1lFfMtan

Claims leadership.

So we are getting lots of emails about claims specialist moving up to TM roles, but what happened to all the TMs that got replaced? What’s the plan to replace these specialist that are leaving?

Did anyone work at the Birmingham or Murphreesboro LOC?

Does anyone work at or previously work these two locations? I saw SF closed these locations during the pandemic (2020?). Was everyone able to keep their jobs? I used to work at the B'ham location right before the pandemic. Just curious, thank you!

Benefits

Recently I had a dear friend get fired without warning from statefarm, she had been there about 10 years. How long will she have medical? Is until the end of the month? Or right away? She has health issues and children, and a single momma, she is... — read more 

ET Announcement yesterday

What does everyone think of the ET announcement yesterday regarding you can now work from any state?

What does the board think?

Think about the last couple years…13 billion lost in 2022 and claims being terribly under staffed by thousands. How do you let either of these happen? These aren’t just slightly miscalculated mistakes these are massive massive massive errors by the... — read more 

Flood Gates of Travel Open

Everyone is hearing that we have had record losses and expenses are off the charts. So, what is the smartest decision this company can do? Start traveling! Gather up management and minions from all departments and waste hundreds of thousands of... — read more 

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| 2690 views | | 7 replies (last March 5, 2023)
Post ID: @OP+1lsn0Y5j

Enjoying employee appreciation day?

Hope you all are enjoying your low effort email and associated SFnet article no one has time to read! Happy employee appreciation day everyone. Maybe one day we can go back to actually appreciating the employees rather than seeing them as expenses... — read more 

Mid level management

You want to know how we can better serve our customers? Stop paying these managers 6 figures for being a glorified Yes man. They know nothing about what their team actually does. They just shovel the corpo message down our throats while I’m busting... — read more 

Today's the day!

Let's pour one out in honor of the 860ish folks who start working for Indian call center overlords today. Please do the needful well, and please do it kindly.

Incompetent Executive Leadership !

It started when the current ceo got placed….a finance and accounting manager who didnt have a clue what he was doing and still doesnt to this day. And lets not forget Robert Yi who under the guidance of the ceo put in place of not hiring folks when... — read more 

Underwriting Losses announced Monday Feb 27th

Tomorrow they will announce the biggest underwriting loss in the history of the company. Apparently, the plan the ceo has instilled isnt working. All during the covid era sf was writing any policy that they could. Policies had record growth while... — read more 

Marina Heights

Been hearing that they want us in office more than 1 week a month but others are saying we’re sunsetting these buildings. Are we moving to a new property? Who actually knows if these rumors are true?

Marketing cuts

There's no position for my (former) manager with the structure changes in marketing . I'm unsure if I will make the cut next. I've had a good run! Good luck to all my good neighbors.

Here's some food for thought?

How many people at SF will never be a millionaire? https://www.cnbc.com/2023/02/22/i-spent-5-years-interviewing-233-millionaires-heres-the-no-1-career-move-that-made-them-rich.html

Quiet quiting

Now that we have seen many companies announcing large layoffs, and even State Farm getting rid of about 1,000 in what is likely State Farm's version of a layoff,. I've not heard people talking about how they coming along with their plans of quiet... — read more 

Mr. Tipsord is a decent guy at heart

He has had to make difficult decisions through COVID, but is someone that cares about from front line workers, and them being able to support their families.

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| 2790 views | | 9 replies (last February 18, 2023)
Post ID: @OP+1lcTcUNn

They enjoy micromanaging

Okay, maybe I'm not the best employee, but I definitely think that no employee will become any better by getting micromanaged to the point of near insanity. Also, I am sick of seeing good workers getting micromanaged while at the same time... — read more 

MT is an absolute criminal!!! Resign today! Trash!!!

This is all you need to know about SF and MT's $20 million dollar bonus in 2020 and $24.5 million dollar bonus in 2021, on top of his almost $8 million dollar a year salary! Yes it is stealing! We are a mutual company! Bring this up to your TM or SM... — read more 

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| 2430 views | | 9 replies (last February 17, 2023)
Post ID: @OP+1lbnLjGz

state farm family - what a joke

I keep hearing management saying we are all state farm family. They keep saying this to the people they are outsourcing. I've heard the line of cr-p, "state farm family", more times in January and February than the last five years. What a joke... — read more 

Super Bowl

Hope all the Executives and their spouses enjoyed the luxurious private suite at the super bowl and the week long party you enjoyed. I couldn't enjoy the game because I was working on my resume since you laid me off. I would have been more... — read more 

Bonus

Does anyone know if we would still get the EIP bonus if we quit before we get the bonus? I know some companies do because you worked during that time but wasnt sure if State Farm does?

So record growth again....

Funny SF is having record growth again and ahead of last years pace....that lets me know that agency is now in charge of SF. They think they are going to "grow" their way out of this enormous loss problem. U/W losses combined with net worth loss... — read more 

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