Topics regarding layoffs at State Farm Insurance

Topics regarding layoffs at State Farm Insurance

Hubs-No culture

I would just like to say the Hubs are reality. However if you are preparing to move to a Hub understand it is radically different than even the SF of the last five years. Most of the less tenured, not all but most, treat their role like a job and... — read more 

What was MT's 2017 compensation?

MT's 2016 compensation was $8.16 million. I did not see his 2017 compensation in the Pantagraph or in any Internet searches. Does anyone have his 2017 compensation? Please keep replies on topic so mods have no reason to delete. Thanks.

For the folks that left where are you going?

Just curious where the folks that have left the company are working now? Did you stay in Insurance, was the pay comparable. Did you leave insurance and where did you go. A lot of decision for a 20+ employee that relocated to a hub for the... — read more 

Layoffs criteria

One thing has been bugging me for a while now: who decides who gets laid of and based on which criteria? I'm trying to make sense of the stuff that has been happening at State Farm, but some of the decisions and selections make so little sense to me... — read more 

Charging for cups and forks

State Farm is pinching pennies so bad that they now charge $.10 for a cup of water and $.05 for a plastic fork.

Walkout

Has anyone ever considered a walk out at the Farm? For years we were willing to take meaningless pay raises in exchange for long term security. Now security is gone, and the pay is still not very tied to performance, and is less competitive by the... — read more 

by
| 2190 views | | 7 replies (last May 2, 2018)
Post ID: @OP+SXPPEYm

Same thing everywhere

Yes, I am frustrated. But at the top of this page, click on Allstate, or Farmers, or Nationwide or AmFam. They might as well be the State Farm links. I’m an agent, used to work in Claims. All I have to do is walk across the parking lot and talk to... — read more 

This was preventable

Anyone who has ever trusted the current leadership is uninformed amd asleep. The mistakes they have made and money wasted would have bridged everyone 55 and over to full pension. Millions and millions wasted with no direction or accountability and... — read more 

PTO

There is NO capacity for anyone to take PTO, but is anyone else hoarding their PTO? Because none of us know who will be next on the chopping block? Im not going to take any time off, as I may need it to look for another job if/when I am handed a... — read more 

Concordville

Anyone else get laid off?

by
| 584 views | | no replies yet
Post ID: @OP+SWsgAhn

IT Transition plan date?

So when will transition plan be officially approved for IT? Wave 1 announcements in 2 weeks, then the rest of us are waiting for wave 2 in mid-June. And BTW- Yes I am at a hub and do not feel safe.

by
| 1171 views | | 1 reply (May 1, 2018)
Post ID: @OP+SW1ryYj

Severance in installments?

I was wondering if it was possible to get severance paid out in several installments instead in one lump sum? Savings on taxes would be significant that way and I am sure every little matters to people who are freshly out of a job. I personally... — read more 

Chicago Office....lots of firings?

It seems to get worse here by the day.... people just can’t take it anymore. Some are leaving for greener pastures but others are getting canned left and right. What for? From what I’m seeing severance is not going to be offered for those holding out... — read more 

Who's next?

Ad Services, L&D, IT. Does anyone know what May/June holds for other departments? Some of us have no idea when the ax is coming our way. Anyone have information? Please share.

No capacity

We lost 5 more in D2 last week! All over Points and no capacity. There are no Mondays or Fridays available until April 2019! 2019!! Only a handful of Tuesdays and Wednesdays are available now. Those 5 who left, leave behind a large inventory that... — read more 

by
| 4853 views | | 14 replies (last May 1, 2018)
Post ID: @OP+SVjRdaC

Why are we still having a convention, you ask?

In short - It was a conscious (and very expensive) decision by leadership to hold the convention as scheduled so as not to raise suspicion of agents being a thing of the past in the very near future (by January 2020). You can choose NOT to believe me... — read more 

Those of you in hubs - what do think???

Question for those of you in the Hubs: Seeing the cuts that are unfolding in the non-Hub areas, what are your thoughts? Do you feel secure in your job because Leadership says the future is in the Hubs?

by
| 2790 views | | 9 replies (last April 30, 2018)
Post ID: @OP+SUieTs6

Break'n it down for the fools

You're a cog in a 90 yr old money making machine. As long as the end product was green, sure we'll treat you alright with pay, bonuses, timeoff etc...well even give you the illusion of trust and respect...how you like your guided cage??? Comfy. But... — read more 

8/31 QTD

Bank and L&D have QTDs on 8/31. If the numbers I am hearing are correct, that is potentially 515 people walking out the door for the last time that day. I say potentially b/c some may have opted in or found another job in a different department... — read more 

Farewell QTD 4.30.2018 Employees

Downing a 40 ouncer for some old friends and collegues. Monday is the QTD for many managers and section managers (and probably others too, but hard to know now days). Wish you all the best. You will be free of this place.

by
| 2530 views | | 7 replies (last August 5, 2018)
Post ID: @OP+SU9qJfv

Your thoughts - How can the Company recover from the trust that has been broken in this re-org process?

Serious question. The Company is slashing and burning through Departments and in some cases, not even pretending that there is a rhyme or reason behind the decisions they are making. The mantra has been "The future is in the Hubs". For those of you... — read more 

by
| 3870 views | | 19 replies (last April 30, 2018)
Post ID: @OP+STlc6dG

Millenials

I thought millenial wanted work to be like play time where everyone wins. Why would anyone then design a job that is 180 degrees the opposite and expect them to come work there?

State Farm could be the next Blockbuster

State Farm needs to innovate and change. However, State Farm needs to retain experienced employees who do a great job right now. The agent business model needs to change ASAP ! Customers should be able to add a auto or homeowners policy in a few... — read more 

Idiots

State Farm came up with segmented adjuster plan 2 years ago. Now they realize that the model doesn't work. It doesn't work as evidenced by the overtime hours I incurr just driving to losses that have claim reps living within 15 minutes. So I have... — read more 

You all need to look at Indeed.com.

State Farm has MANY job postings in all departments. WHY are they not offering these jobs to the people who they are letting go????

by
| 3260 views | | 8 replies (last April 26, 2018)
Post ID: @OP+SRUYLek

Laughable

See the money talks article on Sf net? Awesome. Hey everyone, we lose billions annually. Come see how we can help you lose too!

Finally Free

I'm finally free of the insane office politics at State Farm. I decided to resign before the company handed me a QTD date which was only a matter of time. Good luck to everyone. There is life after State Farm and it's glorious!

by
| 2370 views | | 6 replies (last April 26, 2018)
Post ID: @OP+SRQxwOX

EIP Bad leadership

I think it is reprehensible that the Farm simply is not updating EIP. Even if it is negative tell the full truth

2 Things I am Wondering About

I wonder if TM's get bonuses if they ride someone hard enough they get them to resign/quit ? Remember that survey, we got once a month, that we suppose to complete on our how TM was doing in Express and if we were honest we got a talking to? They... — read more 

by
| 2190 views | | 6 replies (last April 25, 2018)
Post ID: @OP+SRYQSSx

QTDs

What are the QTDs for each dept?

Proximity Fire question

I have a quick question for Proximity Fire Claims - Did your TM or SM get a job offer for the position they are currently in? Neither my TM or SM got job offers for their current positions. It was interesting because they both are experienced, and... — read more 

by
| 1870 views | | 6 replies (last April 25, 2018)
Post ID: @OP+SQdUlE7

SF Rocks

Anyone else notice postings are disappearing. Looks like SF got to these guys too...probably threatened to sue them..way to be tough layoffs.com or should I say statefarmsbitch.com.

Start a new thread - post a news comment, question or message:

: