4.0
Feb 14, 2011
Current employee
Lake Success, NY
Recommend
CEO approval
Business outlook
Pros
Open lines of communication between peers and management. The company promotes advancement in each field. They regularly promote people. Promotions and career path isn't limited to any one department. Allstate regularly scouts people from all the different departments to bring them over to Home Office for temporary assignment as a way to nurture one's career.
Cons
Salary compensation is lower than other insurance companies. No bonuses either. They focus on "total compensation" which includes the medical benefits, 401k + pension plan and generous time off. However, for younger employees, it's hard to justify a better retirement package when they are just starting their careers.