Vantaggi
Up tp about 5 years ago, great benefits and job security. Still a very recognized player in the market, but not keeping up with the competition as far as rate and salary competativeness. New Agents are starving as they are required to have large service staff, but business growth is down and everything is revolving around everything except P/C insurance.. Life insurance and bank products is about it.
Svantaggi
Tenured employees are no longer an asset as they continue to tell you we are. It is very much a favorites club as far as advancement opportunities. Now they are cutting benefits for new hires, and have just eliminated many health benefits for retirees.We need to move on and get beyond labeling everyone as which generation they are in. We all know that the tenured employees are their biggest expense, and offers for promotion and projects most always go to the new hires, so they know very little about the job they were hired in for before they are promoted to manage one of those areas in another zone. It is the Peter Principal at its best. In a zone that is constantly threatening to close or conolodate, they have laid off many 30-40 year employees within sight of full retirement, but since most of those employees started back when you had to be 25 to get credit for retirement, they are losing 25-40% of their retirement pay becasue they dont have 35 years in the retirement plan, although many have 37,38,39 years and are only 56-57 years old.Find a job that pays what State Farm does in this area- not going to happen. This is ruining families, and long time committed employees are getting hurt badly, and no one at corporate except their traveling band of HR cut throats come out and tell you that you cant ask questions, they wont answer any questions, etc. it is all about them not getting sued. Lots of wasted motion in all departments trying to look busy and cutting costs so management qualifies for their bonus. Read the other blogs.. the Pros are short and the Cons are long, and full of tired and stressed out people.