Allstate Embraces Employee Development
Employee development is a key contributor to a company’s competitive advantage by helping employees understand their strengths, weaknesses, and interests and by showing them how new jobs and expanded job responsibilities are available to them to meet their personal growth needs. Employee development is also a necessary component of a company’s efforts to compete in the new economy, to meet the challenges of global competition and social change, and to incorporate technological advances and changes in work design. Regardless of the business strategy, development is important for retaining talented employees—at all levels of the organization.
With more than 30,000 employees nationwide, Allstate sells personal and casualty insurance to consumers. Several years ago, the company created an employee value proposition—Good Work, Good Life, Good Hands—that guides its efforts in employee development. Allstate believes that effective employee development is an ongoing process that has a positive impact on its employees, its customers, and its financial bottom line.
56.
In Allstate’s employee value proposition, what does the "Good Hands" component describe?
Employee volunteerism
Employee learning
Employee career goals
Employee job training
Employee wellness
57.
Which of the following is the source for most of 5,000 jobs Allstate fills on a yearly basis?
Military veterans
Competitors’ employees
Internal candidates
Personal referrals
External candidates
58.
In Allstate’s employee development strategy, 70% of the process focuses on employees’
Online classes
Coaching
Mentoring
On-the-job training
Supervisor intervention
59.
The performance management process for employees at Allstate starts with _____.
Feedback
Goal setting
Performance evaluation
Training
Mentoring
60.
Allstate’s philosophy of taking care of employees, which leads to employees taking care of customers, and customers purchasing company services is referred to as the _____.
Virtuous cycle
Corporate Social Responsibility (CSR) program
Virtual component
Community-Corporate Initiative
Virtual circle
61.
In Allstate’s employee value proposition, what does the "Good Hands" component describe?
Employee volunteerism
Employee learning
Employee career goals
Employee job training
Employee wellness
62.
Which of the following is the source for most of 5,000 jobs Allstate fills on a yearly basis?
Military veterans
Competitors’ employees
Internal candidates
Personal referrals
External candidates
63.
In Allstate’s employee development strategy, 70% of the process focuses on employees’
Online classes
Coaching
Mentoring
On-the-job training
Supervisor intervention
64.
The performance management process for employees at Allstate starts with _____.
Feedback
Goal setting
Performance evaluation
Training
Mentoring
65.
Allstate’s philosophy of taking care of employees, which leads to employees taking care of customers, and customers purchasing company services is referred to as the _____.
Virtuous cycle
Corporate Social Responsibility (CSR) program
Virtual component
Community-Corporate Initiative
Virtual circle