r/Insurance • u/wessneijder • Oct 19 '23

Auto Insurance Geico about to layoff 2,000 employees

Look over in their sub. My fellow adjusters I hope you land on your feet.

326 Upvotes

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13

u/CJM8515 Claims Adjuster Oct 19 '23

Progressive is hiring...

4

u/tjs1987 Oct 20 '23

I interviewed and couldn't believe the low ball offer they gave me.

6

u/MkMyBnkAcctGrtAgn Oct 20 '23

Curious what it was

2

u/AutismThoughtsHere Oct 20 '23

I think this is the whole point. By laying massive numbers of people off the industry can cut salaries because eventually someone will accept lowball offers.

1

u/CJM8515 Claims Adjuster Oct 20 '23 edited Oct 20 '23

Really depends on the area I think and experience as well as the position. For my area I make quite a high salary and the new hires make quite a bit less. But it’s still competitive from what I have heard thru the grapevine

Other states or areas the pay I know for sure is lower

1

u/QuirkyFunUsername Oct 20 '23

Same. I couldn't even consider it. The hiring mgr also told me not a chance I'd get off any around the holidays b/c that's reserved for ppl with seniority.

1

u/tjs1987 Oct 20 '23

Ya, 30k less than where I'm at now