Allstate

  www.allstate.com
  www.allstate.com
There are newer employer reviews for Allstate

1 person found this helpful  

Allstate Corporate Life = Misery

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Senior Financial Analyst in Northbrook, IL
Former Employee - Senior Financial Analyst in Northbrook, IL

I worked at Allstate

Pros

Benefits (PTO Days/Holidays)
401k/Pension
Employee "Appreciation Events" (e.g: incentives to keep employee's happy)
Visibility to Senior Leadership
Work/Life Balance

Cons

Employee morale is low due to highly visible favoritism
Sr Leadership in Finance Dept needs leadership training as well as etiquette on speaking with non-leadership staff - they often speak with demoralizing demeanor
Corporate life becomes very gruesome when fighting for budget dollars and headcount - they act like it is the end of the world and become nasty to work with. Not a place for people who get their feelings hurt easily.
Stop the finger pointing and work together to get the work done.

Advice to ManagementAdvice

Be fair to your employee's, do not use favoritism for promotions or assigning projects.
Treat your employees with respect, no matter what the circumstance is, always have corporate etiquette.
Non finance leadership staff should have finance training to get a better grasp on financials, especially to be promoted to higher sr leadership positions.

Doesn't Recommend
No opinion of CEO

1381 Other Employee Reviews for Allstate (View Most Recent)

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  1.  

    Allstate Is Being Manged into the Ground

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Business Analyst in Northbrook, IL
    Former Employee - Business Analyst in Northbrook, IL

    I worked at Allstate

    Pros

    Your co-workers are for the most part really nice folks
    Family Day is a very nice event
    pension plus 401(k)

    Cons

    Senior management has lost sight of the things that made Allstate a great company
    Senior leadership has no long-term focus -- there is no plan for a future further out than 6 months to a year -- the only time in the last 10 years that they had a longer term (3 year) vision (Increase Customer Loyalty to become #3 in 3 years), they abandoned it after about 20 months when it was clear they would not make their goal. Then instead of analyzing the failure and learning from that experience, the program was never broached again
    The organization is Reactive instead of Proactive
    Changes are made without thought as to what the measure of success should be and how to measure that success; as result, these changes are tossed as soon as someone comes up with something newer
    Too much outsourcing; the wrong outsourcing partners are chosen or the partners are not given time and resources to come up to speed and to train their personnel
    Essential Business and Technological knowledge has been deliberately jettisoned in the interest of constantly cutting costs
    Mediocre employees, who tend to keep their mouths shut, have been retained while excellent, highly-knowledgeable and motivated employees, who tend to be more critical of bad decisions, have been laid off or driven out
    Allstate Technology leadership simply defers to non-technical leadership without advising them intelligently

    Advice to ManagementAdvice

    Develop a realistic 5 year plan for the business and technology and stick to it even if goals are not met in order to learn from mistakes
    Define the measures of success and develop the metrics to be gathered; then assiduously measure those metrics
    Involve all employees in the 5-year plan
    Listen to employees concerns, not just their acceptance of the plan
    When an emplyee asks a question answer it specifically -- for instance, when my technology area was transitioning to an AOC model and I asked how leadership what the measures of success were, I was told simply that there was a plan. This told me that there was a nebulous goal set but no way had been devised to determine whether that goal was ever, in fact, accomplished.

    Doesn't Recommend
    Disapproves of CEO
  2. 2 people found this helpful  

    Trade off career advancement for a great work-life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Marketing Analyst in Northbrook, IL
    Current Employee - Senior Marketing Analyst in Northbrook, IL

    I have been working at Allstate

    Pros

    Great work-life balance
    Great benefits
    Growing teams expose individuals to exciting and challenging projects, otherwise you risk being caught in mundane daily tasks

    Cons

    Great mystery around promotions
    Career advancement is nil-to-none
    Senior Management including Director and VP lack necessary team leadership skills
    Croynism

    Advice to ManagementAdvice

    Listen to employee concerns if you truly care about how much they can contribute to Allstate's growth.
    Remove the mystery around raises promotions

    No opinion of CEO
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