Allstate Reviews
Updated Feb 13, 2012 – Reviews are posted anonymously by employees.
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Company Rating Based on 429 ratings Employees say it's "OK" |
CEO Rating
Based on 225 ratings
Chairman, President, and CEO |
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Pros
Sr leaders know we need to change, financially strong
Cons
In the past Sr leaders over complicated our vision, need to focus on core strengths-brand, employees, agents, scale.
Advice to Senior Management
Go back to our core, keep it simple. Invest in the infrastrucure employees, agencies, Technolgy
Pros
good benefit with 4 weeks of vacation first year
Cons
managers don't know what they are doing
constant threat of layoff cause low morale
Advice to Senior Management
little chance to advancement if management dislike you.
Pros
Sales = Unlimited Income Potential
Cons
In current position No Salary, Commission Only
Advice to Senior Management
Salary plus Commission
Pros
Flexibility, location, nice pleasant environment
Cons
Lack of opportunities for advancement
Advice to Senior Management
Invest in your employees
Pros
great work-family balance; company really cares about the employees' wellbeing
Cons
bureaucratic, decision by committee, short-staffed
Pros
Independence, ability to increase income.
Cons
High cost of obtaining leads.
Advice to Senior Management
Get a handle on rate increases. The back to back to back increases ruined a lot of business.
Pros
Great mutual funds and fantastic ability to control your schedule. If you are a trust fund baby and want free time, this is the place for you.
Cons
The downsides start at the top with the selfish un-ethical greed of Tom Wilson. Like a waterfall, this philosophy cascades down through management unless you subscribe to the multi-level marketing philosophies of many sub-producers you get an override on. As rates increase and the well seasoned agents book and income vaporize, potential financial clients vanish. Middle management, with strong commission breath, ask you to spend more of your small income on marketing. You can not advertise from an empty pot so you pray that car and home clients come into the agent asking to rollover their IRA while the agent is attempting with all their strength to beg them for a life insurance review. Allstate has no salary, no benefits and Tom Wilson pulls down 4 million a year while the stock has tumbled 15% and layoffs are everywhere. Ask a seasoned veteran agent what they think of the management and its concern for the foot soldiers....Buyer beware
Advice to Senior Management
Fire all the incompetent middle managers who carry too large a load, lower your auto rates so we can compete and can Tom Wilson
Pros
Ok place to start your career in the insurance field...just don't stay with the company for a very long time.
Cons
Managers are clueless and do not care about employees.
Pros
sky's the limit on income. You control your own destiny
Cons
independently owned agencies, inconsistant benefits
Advice to Senior Management
stay informed
Pros
Really, there are none unless you consider the fact that you have flexible time off at your own discretion
Cons
Management sells you on the concept of being your own boss, but they set your hours, set sales quotas, mandate the number of support staff you have and they are reducing compensation by 20% while increasing overhead costs.
Advice to Senior Management
Get out of the agency - let the agents run a business that makes it profitable for the agency and not in a manner that defrauds the shareholders



