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Transamerica

Part of Aegon

Is this your company?

Employee - Anonymous employee Transamerica Employee Review

1.0
Mar 13, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Many years ago, this used to be a great place to work. There is nothing good or positive about this company.

Cons

It is like living in the movie, "Groundhog Day." Someone joins the company with some "great big idea" that we tried years ago. We implement the idea after spending large sums of money, the idea fails miserably and the company makes no more mention of said "great big company changing idea." We then receive an email that the "big idea guy" is leaving to spend quality time with family and departs with a nice fat severance package. REPEAT. These executives have driven this company into the ground and now they send am email stating we will no longer receive a raise unless you are an exceptional employee that performs amazing feats. I would compare their idea of "amazing" to a doctor performing brain surgery on a high wire; it is impossible and unattainable therefore the chances of an employee receiving a raise is 99.9% improbable. So you're saying there's a chance? Move along folks. Nothing to see here.

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Transamerica Response
9y
First, let me thank you for everything you do for the company and the feedback. It sounds like you have been here for some time and experienced a great deal of change. One of the company goals for 2016 is to better recognize our talent. In order to do this we moved to a pay for performance model last year so we that we can appropriately recognize everyone's contribution, and in a consistent way. This did affect the bonus and merit amounts depending on how successful people were in relation to their personal goals throughout the course of the year. This was a big shift from past years. However, as a result of last year's efforts, we recognized over 7000 (almost 93%) of our employees.

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5.0
Jun 30, 2026
Recommend
CEO approval
Business Outlook

Pros

As a producer, there is unlimited income potential.

Cons

People have to see a need to sit down and talk with you, which can sometimes be discouraging.

1.0
Jul 15, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

It all depends on the are you work in the company, but you can get a really supportive manager.

Cons

1. They give you a job description and then add responsibilities without pay. Especially when it comes to phones. Been in 2 departments and they both promised minimal phone calls in the positions and then continued to force the teams to take overflow calls. 2. They don’t reign in the micromanagers.

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