How Allstate Pays
Allstate's R0 to R12 research-normalized ladder from frontline associate to chief executive, priced across 21 markets alongside performance share, RSU and option equity that reaches only senior vice presidents, a $22.92M CEO package at 306:1, and 29 FY2026 H-1B filings.
Band Hierarchy
Allstate publishes no global grade catalogue. Its career filters expose only broad stages such as entry level professional, experienced professional, manager, senior manager and executive, while job postings use title families including Associate, Consultant, Senior Consultant, Lead Consultant, Managing Engineer, Manager, Senior Manager, Director, Vice President, Senior Vice President and Executive Vice President. R0 to R12 are research-normalized bands used to join those titles across countries; only the senior vice president, executive vice president, chief executive and director tiers carry an Allstate disclosure.
Professional ladder — R0 through R7
Leadership ladder — R8 through R10
Executive and board — R11 through CEO
Disclosed executive layer
Track divergence
Hierarchy qualifications and legacy structures
- Allstate job postings refer to movement within a salary band, which confirms internal bands exist without exposing their limits, midpoints or numbering.
- The crosswalk is most reliable for technology, actuarial and underwriting roles, where employer postings publish ranges, and least reliable for claims, sales and customer service, where pay is hourly or commission-weighted.
- National General and protection-services acquisitions create local title variation. No public harmonisation map between acquired and legacy titles was found.
- Vice President, Senior Vice President and Executive Vice President are corporate titles rather than a hidden grade number, so this report treats them as title tiers.
- The non-employee director row is a governance package, not an employment band, and is excluded from the range chart.
Peer-level mapping
| Band | Archetype | Peer mapping | Caveat |
|---|---|---|---|
| R0 | Frontline / Graduate / Associate | Entry or early-career professional at a large insurer | R0 to R12 are research-normalized bands built to join inconsistent public titles across countries. Allstate has never published a global grade chart.Employer postings for licensed sales professional at $18 an hour with $52,730 to $76,480 target total, and inside auto claims at $50,000 to $60,000 base. |
| R1 | Associate Consultant / Analyst I | Associate or Level 1 professional | Allstate India uses Apprentice, Associate III and Analyst II titles that do not map one to one onto the United States sequence.Public United States claims and analyst salary aggregates in the $57,000 to $80,000 band. |
| R2 | Consultant I / Engineer I | Professional or Level 2 individual contributor | The employer-posted software engineer range spans all engineering levels, so it overlaps R2 and R3.Allstate Illinois software engineer posting at $66,800 to $120,650 base and the all-levels $70,100 to $121,475 range. |
| R3 | Consultant II / Engineer II | Senior professional or Level 3 | The 2025 median employee, a United States Underwriting Senior Consultant on $74,782 total, sits between R2 and R3 rather than at a single band.Triangulated from employer postings and the underwriting and claims consultant families. |
| R4 | Senior Consultant I / Senior Engineer | Senior or staff individual contributor | First-line management can also begin here, so the band mixes senior individual contributors and small-team leaders.Allstate posting for Senior Consultant II and senior engineer at $90,700 to $153,925 base. |
| R5 | Senior Consultant II / Lead Engineer | Lead or staff-plus individual contributor | Allstate job pages describe Lead Consultant roles with no supervisory responsibility, so this is a genuine individual contributor rung.Lead software, artificial intelligence and product engineer postings at $100,000 to $170,500 base, with some product lead roles near $181,000. |
| R6 | Lead / Principal Consultant or Manager | Principal individual contributor or first-line manager | The technical and management tracks pay within a few percent of each other here, so the choice is scope rather than money.Software engineering manager posting at $120,000 to $193,725 base plus lead consultant observations. |
| R7 | Managing Engineer / Senior Manager | Senior manager or senior principal | Sampled senior manager postings run $134,000 to $221,675, a spread wide enough that the band midpoint is indicative only.Sampled senior manager postings and the $152,214 to $183,156 H-1B software engineer manager wage band. |
| R8 | Director | Director at a large United States insurer | Equity at director level is discretionary and unmapped in public sources, so no annualised grant is carried in this row.United States director total-pay aggregates of $184,000 to $267,000 blended with the modeled $240,000 to $430,000 total range. |
| R9 | Vice President | Vice President at a large United States insurer | Allstate publishes no vice president compensation table. This row bridges director observations and the disclosed senior vice president package.Modeled leadership range of $240,000 to $375,000 base and $400,000 to $950,000 total, with the equity residual treated as a selective long-term incentive. |
| R10 | Senior Vice President | Senior Vice President at a large United States insurer | Built from one disclosed appointment: a $445,000 base with a 50 percent cash target and a 90 percent equity target. It is an example, not a published band.The May 2024 Senior Vice President, Controller and Chief Accounting Officer 8-K, applied to the modeled $400,000 to $650,000 senior vice president base range. |
| R11 | Executive Vice President / C-suite | Named executive officers at Progressive, Travelers, Chubb and The Hartford | The average of the five non-CEO named executive officers for 2025. It is not a range for every executive vice president, and Andréa Carter's partial year pulls the base average down.2025 Summary Compensation Table averages for Dugenske, Merten, Rizzo, Carter and Jeevanjee, with pension change folded into other compensation. |
| R12 | Chair, President and Chief Executive Officer | Chubb, Travelers, The Hartford and Progressive chief executives | 2025 Summary Compensation Table value. Stock and option awards are grant-date accounting values, not realized pay.2026 proxy statement Summary Compensation Table for Thomas J. Wilson, combining $10,886,400 of stock awards and $4,530,227 of option awards into one equity figure. |
| Board | Non-employee Director | Large-cap United States property and casualty insurer boards | The standard retainer package before lead director and committee chair supplements; the employee chair receives no director pay.2026 proxy director compensation framework: a $135,000 cash retainer and a $190,000 annual equity retainer. |
Critical evidence warning
Allstate does not publish salary ranges, band minimums or midpoints for ordinary employees, and its 2026 proxy states plainly that equity awards are not broadly distributed among the employee population. Every non-executive figure here is a third-party observation or a calibrated model around one, and should be used for orientation rather than quoted as an Allstate pay band.
Compensation by Band — Northbrook
Low / median / high annual values at 1.00× base and 1.00× total-compensation factors versus Northbrook. Total equals base plus bonus plus annualized equity.
| Band | Title | Base | Variable | Total TC | Equity |
|---|---|---|---|---|---|
| R0 | Frontline / Graduate / Associate 0–2 years · reported | $40K – $55K | 4% | $54K $46K – $62K | — |
| R1 | Associate Consultant / Analyst I 1–3 years · reported | $55K – $75K | 8% | $74K $62K – $85K | — |
| R2 | Consultant I / Engineer I 2–5 years · reported | $70K – $95K | 9% | $94K $79K – $108K | — |
| R3 | Consultant II / Engineer II 4–7 years · reported | $83K – $112K | 11% | $111K $94K – $128K | — |
| R4 | Senior Consultant I / Senior Engineer 5–9 years · reported | $100K – $135K | 13% | $136K $116K – $156K | — |
| R5 | Senior Consultant II / Lead Engineer 8–12 years · reported | $119K – $161K | 15% | $166K $141K – $191K | — |
| R6 | Lead / Principal Consultant or Manager 10–14 years · reported | $134K – $181K | 19% | $193K $164K – $221K | — |
| R7 | Managing Engineer / Senior Manager 12–18 years · reported | $157K – $213K | 23% | $232K $197K – $266K | — |
| R8 | Director 15–22 years · modeled | $193K – $262K | 43% | $335K $285K – $385K | — |
| R9 | Vice President 18–25 years · modeled | $261K – $354K | 75% | $675K $574K – $776K | $137K |
| R10 | Senior Vice President 20–30 years · modeled | $446K – $604K | 50% | $1.26M $1.07M – $1.45M | $473K |
| R11 | Executive Vice President / C-suite 20+ years · verified | $633K – $857K | 225% | $6.51M $5.54M – $7.49M | $3.57M |
| R12 | Chair, President and Chief Executive Officer 30+ years · verified | $1.25M – $1.69M | 300% | $22.92M $19.48M – $26.36M | $15.42M |
| Board | Non-employee Director Senior executive or board background · verified | $115K – $155K | — | $325K $276K – $374K | $190K |
Total Compensation Range by Band
Total compensation in Northbrook across the employee bands. Proxy-disclosed executive cohorts are excluded so the employee bands stay readable.
Global Footprint & Pay Arbitrage
Allstate employed approximately 53,000 people at the end of 2025, overwhelmingly in the United States. Northbrook is the pay anchor. India is the largest offshore population with more than 8,000 professionals across Bengaluru and Pune, Northern Ireland accounts for the 1,718 United Kingdom employees named in the proxy exclusion list, and every remaining market is a small disclosed country population or an explicit benchmark.
Office and market catalogue — calibration factors versus Northbrook
| Location | Likely office profile | Presence | Base | TC |
|---|---|---|---|---|
Northbrook United States · USD | Headquarters, insurance, investments, corporate and technology | Official office directory | 1.00× | 1.00× |
Chicago United States · USD | Corporate, product, investments and technology | Official office directory | 1.03× | 1.03× |
Charlotte United States · USD | Technology, operations and insurance | Official office directory | 0.92× | 0.92× |
Irving United States · USD | Texas technology and operations worksite | Official office directory | 0.95× | 0.95× |
Phoenix United States · USD | Claims, customer operations and technology across Phoenix and Chandler | Official office directory | 0.91× | 0.91× |
Bengaluru India · INR | Global capability centre for technology, operations and data science | Official office directory | 0.09× | 0.09× |
Pune India · INR | Second Indian technology and enterprise-services centre | Official office directory | 0.09× | 0.08× |
Belfast United Kingdom · GBP | European Digital Centre of Excellence, engineering and services | Official office directory | 0.92× | 0.88× |
Derry United Kingdom · GBP | Northwest Northern Ireland engineering and services site | Official office directory | 0.84× | 0.81× |
Markham Canada · CAD | Canadian headquarters, insurance, digital and claims operations | Official office directory | 0.86× | 0.83× |
Sydney Australia · AUD | Small distributed protection-services population; office mix not resolved | Country disclosed in the proxy | 1.13× | 1.09× |
Auckland New Zealand · NZD | Regional market benchmark; no Allstate employing office verified | Benchmark only | 0.65× | 0.65× |
Singapore Singapore · SGD | Five employees disclosed in the proxy country exclusion list | Country disclosed in the proxy | 0.85× | 0.85× |
Tokyo Japan · JPY | Twenty-four employees disclosed in the proxy country exclusion list | Country disclosed in the proxy | 0.85× | 0.85× |
Seoul South Korea · KRW | Three employees disclosed in the proxy country exclusion list | Country disclosed in the proxy | 0.75× | 0.75× |
Manila Philippines · PHP | Two employees disclosed in the proxy country exclusion list | Country disclosed in the proxy | 0.25× | 0.25× |
Brussels Belgium · EUR | Four employees disclosed in the proxy country exclusion list | Country disclosed in the proxy | 0.82× | 0.82× |
Madrid Spain · EUR | One employee disclosed in the proxy country exclusion list | Country disclosed in the proxy | 0.66× | 0.66× |
Oslo Norway · NOK | One employee disclosed in the proxy country exclusion list | Country disclosed in the proxy | 0.90× | 0.90× |
Dubai United Arab Emirates · AED | Regional market benchmark; no Allstate employing office verified | Benchmark only | 0.80× | 0.80× |
Mexico City Mexico · MXN | Regional market benchmark; no Allstate employing office verified | Benchmark only | 0.35× | 0.35× |
Allstate publishes no city-level headcount. Allstate India reports more than 8,000 professionals across Bengaluru and Pune, Allstate Northern Ireland reports about 1,700 employees across Belfast and the northwest, and the proxy discloses 39 employees in Australia, 24 in Japan, 5 in Singapore, 4 in Belgium, 3 in South Korea, 2 in the Philippines and 1 each in Spain and Norway.
Northbrook anchor medians — the basis of every modeled cell
| Band | Base | Stock | Bonus | Other | Total |
|---|---|---|---|---|---|
| R0 | $48K | $0 | $2K | $5K | $54K |
| R1 | $65K | $0 | $5K | $3K | $74K |
| R2 | $83K | $0 | $7K | $4K | $94K |
| R3 | $98K | $0 | $11K | $3K | $111K |
| R4 | $118K | $0 | $15K | $3K | $136K |
| R5 | $140K | $0 | $21K | $5K | $166K |
| R6 | $158K | $0 | $30K | $5K | $193K |
| R7 | $185K | $0 | $43K | $4K | $232K |
| R11 | $745K | $3.57M | $1.97M | $222K | $6.51M |
| R12 | $1.47M | $15.42M | $5.60M | $442K | $22.92M |
| Board | $135K | $190K | $0 | — | $325K |
- The Northbrook column is the anchor. R0 through R8 use employer-posted base ranges, labour condition application wages and United States salary aggregates; R9 and R10 are modeled leadership ranges and R11 and R12 are proxy disclosures.
- Total compensation for R0 through R8 exceeds base plus target incentive because the bundles' modeled totals fold in role-specific cash and benefit value. That residual is shown separately as other compensation rather than inflating the bonus column.
- Bengaluru is the strongest offshore anchor, with observed consultant pay at 6 to 9 lakh rupees, senior consultant at 10 to 16 lakh and lead consultant at 15 to 30 lakh. Pune is modeled at roughly 95 percent of Bengaluru for non-executive levels.
- India total compensation runs at about 9 percent of the Northbrook anchor at R0 and rises towards 36 percent at senior vice president, so the multiplier falls from roughly eleven times at entry to under three times at the top of the leadership ladder.
- Belfast moves the other way. Northern Ireland sits close to the anchor at graduate level and falls to roughly half of it by senior manager, because United States technical pay accelerates faster than Northern Irish pay.
- R11, R12 and the director row are enterprise disclosures converted for comparison only. They are global executive values, not a local pay range in any selected city.
Model rules
- Every modeled cell is the Northbrook median multiplied by the city base or total factor and then by the 24 August 2026 foreign-exchange snapshot.
- Factors come from the bundles' own city calibrations, which anchor on direct observations in Northbrook, Chicago, Bengaluru, Belfast and Markham.
- India, Northern Ireland, Canada and Australia carry separate junior and senior factors because geographic compression is level dependent; every band in between is interpolated by seniority.
- A total compensation cell is base plus target incentive plus annualised equity where equity exists, and equity exists only from vice president upward.
- Sydney, Singapore, Tokyo, Seoul, Manila, Brussels, Madrid and Oslo are country populations disclosed in the proxy exclusion list, not verified office footprints, and Auckland, Dubai and Mexico City are pure market benchmarks. None of them is an Allstate-observed pay ladder.
Variable Pay & Annual Cash Incentive
Allstate discloses its executive annual incentive plan in detail and discloses nothing about the employee bonus grid. The corporate pool, the payout history and the named executive outcomes below are company disclosures; the band targets are modeled from employer postings and the bundles' normalized opportunity ranges.
| Band | Target | Mechanism | Recent payout |
|---|---|---|---|
R0 Frontline / Graduate / Associate | 0% to 8% of base | Role-specific cash incentive or sales commission; no company-wide formula is published. | Not publicly disclosed |
R1 Associate Consultant / Analyst I | 5% to 10% of base | Role and plan specific annual cash incentive. | Not publicly disclosed |
R2 Consultant I / Engineer I | 5% to 12% of base | Role and plan specific annual cash incentive. | Not publicly disclosed |
R3 Consultant II / Engineer II | 7% to 15% of base | Role and plan specific annual cash incentive. | Not publicly disclosed |
R4 Senior Consultant I / Senior Engineer | 8% to 18% of base | Annual cash incentive with a function delivery component. | Not publicly disclosed |
R5 Senior Consultant II / Lead Engineer | 10% to 20% of base | Annual cash incentive with a function delivery component. | Not publicly disclosed |
R6 Lead / Principal Consultant or Manager | 12% to 25% of base | Annual cash incentive with a team delivery component. | Not publicly disclosed |
R7 Managing Engineer / Senior Manager | 15% to 30% of base | Annual cash incentive with an organisation delivery component. | Not publicly disclosed |
R8 Director | 25% to 60% of base | Business, enterprise and individual scorecard. The public target percentages are modeled, not official. | Not publicly disclosed |
R9 Vice President | 50% to 100% of base | Business, enterprise and individual scorecard. The public target percentages are modeled, not official. | Not publicly disclosed |
R10 Senior Vice President | 50% of base in the disclosed example | Executive Annual Incentive Plan participation alongside a 90 percent equity target. | Corporate pool funded at 127.2% for 2025 |
R11 Executive Vice President / C-suite | 200% to 250% of base | Annual enterprise incentive funded by the corporate pool and then allocated on business and individual performance. | Corporate pool funded at 127.2% for 2025 |
R12 Chair, President and Chief Executive Officer | 300% of base, a $4.400M target for 2025 | Executive Annual Incentive Plan on a 0 to 200 percent corporate pool weighted 70 percent market-facing businesses and investments and 30 percent performance net income. | $5,597,235 paid, 127.2% of target |
Board Non-employee Director | No variable component | Fixed cash and equity retainers with no performance condition; directors may take stock in lieu of the cash retainer. | Not publicly disclosed |
Executive incentive targets — percent of salary
Named-executive outcomes
| Executive | Target | Paid | Attainment |
|---|---|---|---|
| Thomas J. Wilson | $4,400,000 | $5,597,235 | 127.2% of target |
| Mario Rizzo | $2,375,000 | $2,200,000 | 93% of the annualised target |
| Jesse E. Merten | $2,025,000 | $2,266,599 | 112% of the annualised target |
Employee payout timing and history
Allstate publishes no bonus target grid by level, no employee payout history and no country-level incentive schedule. The 127.2 percent result applies to the executive plan only and must not be read as a companywide multiplier. The band targets shown here are the research bundles' normalized opportunity ranges, built from employer postings and role families rather than from an Allstate policy document.
Sales and special incentives
Allstate does not publish quota structures, commission rates, accelerators or draw arrangements. Licensed sales professional postings quote $18 an hour with $52,730 to $76,480 target total, and Allstate Canada sales postings advertise roughly C$70,000 to C$120,000 at or near target with highly variable commission, which is the only public evidence of how quota-carrying pay is built.
Equity — RSUs, PSUs, Options & ESPP
Allstate's 2026 proxy states plainly that equity awards are not broadly distributed among the employee population. Long-term incentives are delivered through the 2019 Equity Incentive Plan as performance stock awards, non-qualified stock options and restricted stock units, and public evidence of eligibility only becomes firm at senior vice president. There is no employee stock purchase plan in any reviewed source.
- The 2019 approval authorised 13.4 million additional shares and about 23,325,716 aggregate shares. A current remaining-pool or utilisation percentage was not found as a clean public disclosure, and this report does not back-solve one from incomplete grant tables.
- Because equity is concentrated in a few hundred officers rather than spread across 53,000 employees, share-pool pressure at Allstate is far lower than at a technology company of similar headcount.
- The director plan and the employee plan draw on separate authorisations, so director grants do not consume the 2019 plan reserve.
- The 401(k) stock-bonus feature is a retirement-plan construct. Treating it as an employee option pool would double count a benefit that has nothing to do with the 2019 plan.
Equity plan design and 2025 grant activity
Vesting — common reported employee schedule
Restricted stock units and non-qualified stock options both vest one third on each of the first three grant anniversaries. Performance stock awards are a single settlement after a three-year performance period and committee certification, so nothing is received until the cycle closes. Dividend equivalents accrue on restricted stock units and performance stock awards but are paid only after vesting, and options carry no dividend rights. Special retention and sign-on grants can carry different schedules, including the $625,000 senior vice president award that cliff-vested entirely on its third anniversary.
Eligibility by hierarchy level
- The 2026 proxy states that equity awards are not broadly distributed among the employee population. Any model that assumes restricted stock units for every engineer overstates Allstate total compensation materially.
- Public evidence of eligibility becomes firm at senior vice president, where a disclosed appointment carried a 90 percent equity target with a 50 percent performance share, 30 percent restricted stock unit and 20 percent option mix.
- Executive vice president targets are currently disclosed at 375 to 425 percent of salary with a 60 percent performance share, 20 percent restricted stock unit and 20 percent option mix.
- Below senior vice president there is no public grant schedule, threshold or typical grant size. Exceptional hire, promotion and recognition awards are permitted and are granted on the third business day of the month following the qualifying event, but the employee must be active on the grant date.
- The chief executive's mix is different again, at 70 percent performance stock awards and 30 percent options with no annual restricted stock unit component.
Indicative annual grant value by band — Northbrook
| Band | Annual value (USD) | Median | Shares at $257.79 |
|---|---|---|---|
| R9 | $103K – $171K | $137K | ~398–664 |
| R10 | $354K – $591K | $473K | ~1,375–2,291 |
| R11 | $2.68M – $4.47M | $3.57M | ~10,397–17,328 |
| R12 | $11.56M – $19.27M | $15.42M | ~44,852–74,754 |
| Board | $143K – $238K | $190K | ~553–921 |
Annualized planning value (±25%), not the face value of every new-hire grant. Share equivalents use the $257.79 reference price at 25 August 2026 close and ignore plan valuation rules and PSU performance. Highlighted rows are disclosed grant-date stock awards.
Named executive target equity
| Executive | Target | Units / structure |
|---|---|---|
Thomas J. Wilson Chair, President and Chief Executive Officer | $15.42M granted on 24 February 2025 | 70 percent performance stock awards and 30 percent options. 56,000 target performance shares against a 112,000 maximum, plus 93,349 options struck at $188.75. At the $257.79 price on 25 August 2026 the target shares carried about $14.44 million of notional value and the options about $6.44 million of gross intrinsic value. |
Christian M. Lown Executive Vice President and Chief Financial Officer | 375% of an $875,000 salary from 3 August 2026 | 60 percent performance stock awards, 20 percent restricted stock units and 20 percent options, plus a $4.1 million sign-on restricted stock unit award vesting ratably over three years and a $2.0 million cash sign-on. |
Mario Rizzo Executive Vice President and Chief Operating Officer | 425% of a $950,000 salary from 1 October 2025 | 60 percent performance stock awards, 20 percent restricted stock units and 20 percent options. 2025 grants totalled 11,615 target performance shares, 3,872 restricted stock units and 15,061 options at $188.75 and $210.82 strikes, worth $3.73 million. |
Jesse E. Merten Executive Vice President and President, Property-Liability | 400% of a $900,000 salary from 1 October 2025 | 60 percent performance stock awards, 20 percent restricted stock units and 20 percent options. 2025 grants totalled 10,970 target performance shares, 3,657 restricted stock units and 14,226 options, worth $3.52 million. |
Eric K. Ferren Senior Vice President, Controller and Chief Accounting Officer | 90% of a $445,000 salary from 20 May 2024 | 50 percent performance stock awards, 30 percent restricted stock units and 20 percent options, plus a $625,000 restricted stock unit award vesting entirely on its third anniversary. This is the only public senior vice president equity structure. |
Executive Compensation
2025 Summary Compensation Table values from the 2026 proxy statement filed on 10 April 2026. Stock and option figures are grant-date accounting values rather than cash received, and the 2025 chief executive package was about 6.4 percent salary, 47.5 percent stock awards, 19.8 percent option awards, 24.4 percent annual incentive and 1.9 percent other compensation.
Reading the package
Salary was about 6.4 percent of the chief executive's 2025 reported total while stock and option awards together were about 67.3 percent and the annual incentive a further 24.4 percent. The mix is unusually option-heavy for a large insurer: 30 percent of the chief executive's long-term incentive is delivered as non-qualified options that are worth nothing unless the shares clear a $188.75 strike, and the remaining 70 percent settles between 0 and 200 percent on three-year performance. That design produced $16.488 million of reported pay in 2023, $26.744 million in 2024 and $22.921 million in 2025.
Allstate's 2025 chief executive pay sits below Chubb and Travelers, marginally above The Hartford and about 29 percent above Progressive. All five are Summary Compensation Table totals and none is realized pay; grant timing, one-time awards and differing long-term incentive designs limit comparability. Allstate is the only one of the five that delivers a large share of chief executive long-term incentive as stock options.
Named Executive Officers & Board
Allstate reshaped its senior structure across 2025 and 2026. Mario Rizzo became Chief Operating Officer on 1 October 2025, Jesse E. Merten moved from Chief Financial Officer to President, Property-Liability on the same date, John Dugenske served as interim Chief Financial Officer, and Christian M. Lown joined as Executive Vice President and Chief Financial Officer on 3 August 2026. Andréa Carter joined as Chief Human Resources Officer during 2025 with onboarding and retention equity.
The two research bundles present the executive table slightly differently: one separates the change in pension value from all other compensation while the other merges them. This report merges pension change into other compensation so that salary, cash incentive, equity and other reconcile to the disclosed total. Andréa Carter's cash incentive line combines a $720,000 bonus with an $800,000 non-equity incentive award, and her partial year is why her salary is far below her peers'. Equity for the non-chief-executive officers combines stock awards and option awards into a single figure, which is why the totals here match the proxy while the component labels differ from the Summary Compensation Table column headings.
Board compensation framework
| Element | Amount | Notes |
|---|---|---|
| Annual cash retainer | $135,000 | Paid to each non-employee director; the employee chair receives no director compensation. |
| Annual equity retainer | $190,000 | Granted as restricted stock units under the 2017 Director Plan, converted at the grant-date closing price. |
| Lead Director | $50,000 | Additional retainer on top of the standard cash retainer. |
| Audit or Risk and Return Committee Chair | $35,000 | The largest committee retainer, reflecting the workload of both committees. |
| Compensation and Human Capital Committee Chair | $30,000 | Approves executive incentive design, equity grants and the pay ratio disclosure. |
| Nominating, Governance and Social Responsibility Committee Chair | $25,000 | Oversees board composition and social responsibility reporting. |
| Annual award-value cap | $800,000 | No director may receive awards with an aggregate grant-date value above this figure in a calendar year. |
| Stock ownership guideline | 6x cash retainer | Directors are expected to hold six times the annual cash retainer in shares. |
Most full-year directors reported approximately $325,100 of 2025 total compensation before lead director and committee chair supplements, and roughly $325,000 to $375,000 once those supplements are included. No stock options were granted to directors.
Regional heads and other officers
Mark Prindiville as Chief Risk Officer and Eric K. Ferren as Controller and Chief Accounting Officer are executive officers who did not qualify as named executives for 2025, so no compensation table exists for them. Their pay is visible only through Section 16 filings and, in Ferren's case, a 2024 appointment Form 8-K that discloses a $445,000 base, a 50 percent cash target and a 90 percent equity target. That single filing is the only public window into senior vice president compensation at Allstate.
Insider Trades — SEC Forms 3/4/5
Allstate is a New York Stock Exchange issuer, so the governing record is SEC Section 16 Forms 3, 4 and 5 plus Form 144 where required. There is no Indian exchange, SEBI SAST or promoter-group reporting requirement. Option exercises appear below as purchases because the executive pays the strike price to acquire the shares, and the sale that usually follows on the same day is listed separately.
| Date | Person | Transaction | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-08-11 | Mario Rizzo Executive Vice President and Chief Operating Officer | Purchase Exercise of legacy options at a $92.46 strike, followed by a same-day sale of the acquired shares. | 56,225 | $92.46 | $5.20M |
| 2026-08-11 | Mario Rizzo Executive Vice President and Chief Operating Officer | Sale Two weighted-average lots: 43,398 shares at $264.1665 and 12,827 at $265.5505. The gross spread over exercise cost was about $9.672 million before tax and fees. | 56,225 | $264.44 | $14.87M |
| 2026-08-07 | John Dugenske President, Investments and Corporate Strategy | Sale Three weighted-average lots; he retained 13,054 directly owned shares plus 341 shares in the 401(k) plan. | 32,996 | $269.33 | $8.89M |
| 2026-06-01 | Andrea Redmond Non-employee Director | Sale Taken from a public insider-trade aggregation and worth verifying against the underlying Form 4. | 2,225 | $202.91 | $451K |
| 2026-05-22 | Mark Prindiville Executive Vice President and Chief Risk Officer | Sale Taken from a public insider-trade aggregation and worth verifying against the underlying Form 4. | 1,550 | $216.27 | $335K |
| 2026-05-01 | Mario Rizzo Executive Vice President and Chief Operating Officer | Sale Weighted-average transaction value across the reported lots. | 18,578 | $218.80 | $4.06M |
| 2026-03-16 | Thomas J. Wilson Chair, President and Chief Executive Officer | Sale Weighted-average transaction value; the underlying Form 4 rows were not fully re-verified in the bundles. | 9,320 | $209.48 | $1.95M |
| 2026-02-02 | Thomas J. Wilson Chair, President and Chief Executive Officer | Sale Largest of four lots totalling 16,807 shares that day under a Rule 10b5-1 plan adopted on 27 June 2025. | 13,271 | $201.06 | $2.67M |
| 2026-02-02 | Thomas J. Wilson Chair, President and Chief Executive Officer | Sale Second lot of the same 2 February 2026 Rule 10b5-1 sale. | 1,605 | $198.77 | $319K |
| 2026-02-02 | Thomas J. Wilson Chair, President and Chief Executive Officer | Sale Third lot of the same 2 February 2026 Rule 10b5-1 sale. | 1,572 | $199.57 | $314K |
| 2026-02-02 | Thomas J. Wilson Chair, President and Chief Executive Officer | Sale Fourth and smallest lot; the four lots together raised about $3.37 million. | 359 | $201.51 | $72K |
| 2026-01-02 | Thomas J. Wilson Chair, President and Chief Executive Officer | Sale Largest of four 2 January 2026 lots totalling 16,807 shares for about $3.45 million. | 7,236 | $204.86 | $1.48M |
| 2026-01-02 | Thomas J. Wilson Chair, President and Chief Executive Officer | Sale Second lot of the same 2 January 2026 Rule 10b5-1 sale. | 7,196 | $204.10 | $1.47M |
| 2026-01-02 | Thomas J. Wilson Chair, President and Chief Executive Officer | Sale Third lot of the same 2 January 2026 Rule 10b5-1 sale. | 1,235 | $206.90 | $256K |
| 2026-01-02 | Thomas J. Wilson Chair, President and Chief Executive Officer | Sale Fourth and smallest lot of the January tranche. | 1,140 | $206.17 | $235K |
Reading guide
Benefits & Perks
Allstate's United States retirement design and its Northern Ireland benefit list are documented in detail. India, Canada and Australia are far thinner, and the report records those gaps as not publicly disclosed rather than substituting statutory minimums as though they were company policy.
United States
- Retirement — 401(k) with a maximum 4 percent company match. 100 percent of the first 2 percent contributed plus 50 percent of the next 4 percent. Eligibility starts on hire for regular employees aged 18 and over with no waiting period, automatic enrolment is at 6 percent and the rate escalates 1 percentage point a year to 10 percent unless changed. 2025 employer matching contributions were about $132.4 million. [official]
- Pension — Company-funded cash balance retirement plan. Listed in Allstate total rewards material and reflected in the proxy through ARP and SRIP pension values for executives. Individual eligibility and the accrual formula depend on plan terms and hire date. [official]
- Medical — Medical, dental and vision with health and flexible spending accounts. Life, accidental death and long-term disability cover are offered alongside. The insurer, the employee premium share and exact coverage tiers vary by plan year and are not published. [official]
- Leave — Paid time off, parental leave and adoption reimbursement. Advertised in current job postings. The exact number of days depends on role, tenure and employing entity, and no universal grid is published. [official]
- Wellbeing — Spring Health therapy access and financial coaching. Employee assistance, wellness incentives and financial coaching appear in United States postings. Remote technology roles are supplied with a laptop, monitors, headset, keyboard and mouse plus a monthly connectivity reimbursement. [official]
- Growth — Tuition reimbursement and internal mobility. Learning programmes, certification support and talent development resources are part of the standard United States proposition. Reimbursement caps are not published. [official]
Global programs
- Working model — Distributed work environment. Allstate describes a distributed model in which arrangements vary by role, team and country. Remote technology roles receive equipment and a monthly connectivity reimbursement in the United States. [official]
- Wellbeing — Employee assistance and therapy access. Mental health, employee assistance and wellbeing resources are advertised across multiple country recruiting pages. [official]
- Growth — Tuition reimbursement, learning platforms and internal mobility. Feature in every country career proposition reviewed, although local reimbursement caps are not published in any market. [official]
- Community — Employee giving, matching and Allstate Foundation grants. Appear in United States benefit material; the matching ratio and annual cap are not published. [official]
- Equity — No employee stock purchase plan. No discounted share purchase route exists in any reviewed source. The only broad access to Allstate stock is the stock-bonus feature inside the United States 401(k) plan. [official]
Benefit fields not publicly quantified
Health insurer, employee premium share, family floater amount, life cover multiple, exact paid time off schedule, paternity leave duration, cab and food allowances, relocation package and certification caps vary by country and role and were not fully public in any market. India in particular publishes almost nothing beyond a description of a well-rounded rewards package. These are recorded as not publicly disclosed rather than estimated from statutory minimums.
Performance Review & Pay Progression
Allstate publishes its executive compensation calendar in unusual detail and publishes nothing about how ordinary employees are rated or paid up. The committee reviews philosophy, peers and pay-for-performance alignment from April to July, sets next-year plan design and performance ranges from November to January, and certifies results, calculates payouts and approves salary changes and equity grants in February.
Not publicly disclosed
Modeled promotion planning timeline
| Band | Years to next scope | Promotion hike | Status |
|---|---|---|---|
| R0 | 1–3 years to R1 | Not disclosed | Modeled planning interval |
| R1 | 1–3 years to R2 | Not disclosed | Modeled planning interval |
| R2 | 2–4 years to R3 | Not disclosed | Modeled planning interval |
| R3 | 2–4 years to R4 | Not disclosed | Modeled planning interval |
| R4 | 2–4 years to R5 | Not disclosed | Modeled planning interval |
| R5 | 2–4 years to R6 | Not disclosed | Modeled planning interval |
| R6 | 3–5 years to R7 | Not disclosed | Modeled planning interval |
| R7 | 3–5 years to R8 | Not disclosed | Modeled planning interval |
| R8 | 3–6 years to R9 where a vacancy exists | Not disclosed | Modeled planning interval |
| R9 | 3–7 years to R10 | Not disclosed | Modeled planning interval |
| R10 | Case specific; appointment rather than promotion cycle | Not disclosed | Modeled planning interval |
| R11 | Committee appointment | Not disclosed | Modeled planning interval |
| R12 | Board appointment | Not disclosed | Modeled planning interval |
| Board | Annual re-election | Not disclosed | Modeled planning interval |
Career progression at Allstate is explicitly not always a forward move. Current Allstate career content states that advancement can be lateral rather than a step up within a salary band, which is a rare public acknowledgement that internal bands exist without publishing their limits. Executive long-term incentive is granted annually in the first quarter, and off-cycle equity for new hires, promotions and recognition is granted on the third business day of the month following the qualifying event, with the employee required to be active on the grant date.
Pay progression evidence
Modeled progression, not Allstate policy: R0 to R1 typically takes 1 to 3 years for a 5 to 15 percent increase; R2 to R3 takes 2 to 4 years for 7 to 15 percent; R4 to R5 takes 2 to 4 years for 8 to 18 percent; R6 to R7 takes 3 to 5 years for 10 to 20 percent; R7 to director takes 3 to 6 years for 12 to 25 percent; and director to vice president takes 3 to 7 years for 15 to 30 percent, at which point the incentive mix changes materially. Senior vice president and above are appointment decisions rather than promotion cycles, and the chief executive's compensation is set by the board. These are market heuristics applied to the research bands, not an Allstate merit matrix.
H-1B / LCA Visa Footprint — United States
Allstate is a modest H-1B sponsor concentrated in experienced technology roles at Northbrook and Chicago. Labour condition application wages are guaranteed base salary only, so they exclude the annual incentive and, for the small population that receives it, equity. The public extracts disagree on record counts because they apply different fiscal cut-offs and legal-entity name matching.
Dataset summary
| Dataset | Result | Interpretation |
|---|---|---|
| H1BGrader FY2026 aggregate | 29 to 30 certified applications at a $149,418 median | Also the source for the average of $152,360 and the 75th and 90th percentiles. |
| Ellis city and job-title extract | City medians updated April 2026 across a multi-year window | Reports Northbrook, Chicago, Rocklin, San Francisco, Irving and Charlotte separately, without quartiles. |
| MyVisaJobs employer profile | A 2025 average offered salary of $164,845 | Materially above the median datasets because average and median differ and the included case set is not the same. |
| Department of Labor OFLC performance data | The primary disclosure dataset released for FY2026 Q3 on 14 August 2026 | Every third-party page above is derived from it; differences come from cut-off dates and employer-name normalisation. |
| Longer-window DOL-derived page | A 25th percentile of $125,445 on a different filing scope | A clean FY2026 25th percentile was not exposed, so the report keeps the two windows separate rather than blending them. |
City-level H-1B wage history
| City | P25 | Median | P75 | Records |
|---|---|---|---|---|
Northbrook, Illinois Headquarters worksite and the largest public sample. Quartiles are not exposed by city, so the values shown bracket the reported minimum, median and maximum. | $100K | $124,089 | $150K | 41 |
Chicago, Illinois Second-largest worksite with the widest reported span, from $89,336 to $210,500. | $110K | $133,666 | $165K | 23 |
Rocklin, California A California technology worksite with the highest reported floor of any Allstate location at $113,277. | $122K | $135,828 | $160K | 23 |
San Francisco, California The highest median of the six worksites, on a comparatively narrow $96,616 to $179,416 span. | $120K | $140,429 | $160K | 13 |
Irving, Texas Texas technology and operations worksite with the tightest reported span, $105,000 to $165,000. | $115K | $127,408 | $145K | 10 |
Charlotte, North Carolina The lowest median of the major worksites and the clearest geographic discount in the visa record. | $98K | $110,934 | $140K | 7 |
All-years aggregates. P25/P75 are rounded reconstruction values marked modeled; medians and record counts are the stronger fields.
Selected title / worksite records
| Title | Worksite | Proffered wage | Notes |
|---|---|---|---|
| Enterprise Software Engineer Lead | All Allstate worksites, FY2026 | $141,359 median across 8 filings | The largest single title cohort, on a $121,218 to $173,618 span. |
| Software Engineer Manager | All Allstate worksites, FY2026 | $165,000 median across 7 filings | The highest median of the recurring titles, from $152,214 to $183,156. |
| Software Engineer Expert | All Allstate worksites, FY2026 | $170,845 median across 5 filings | The highest individual contributor wage band, reaching $197,861 at the top. |
| Software Engineer Lead Consultant | All Allstate worksites, FY2026 | $155,827 median across 6 filings | Confirms that Lead Consultant is a technical individual contributor title rather than a management grade. |
| Senior Software Engineer Lead | All Allstate worksites, FY2026 | $148,866 median across 4 filings | On a $137,147 to $158,170 span, the narrowest of the recurring titles. |
| Manager, Software Engineering | All Allstate worksites, FY2026 | $150,816 median across 2 filings | Too small a sample to read as a band, spanning $122,346 to $179,287. |
Reading the data correctly
- Labour condition application wages are guaranteed base salary. They exclude the annual incentive, any equity and all benefits, so they are not comparable with a total compensation figure.
- City quartiles are not exposed by the public city pages. The percentile values shown here bracket the reported minimum, median and maximum rather than reproducing published quartiles.
- A labour condition application is a Department of Labor wage attestation, not proof that USCIS approved a petition or that anyone started work. Certification rates should never be relabelled as approval rates.
- City record counts are drawn from multi-year pages updated in April 2026, so they cannot be compared directly with the 29-record FY2026 aggregate.
- The visa record covers experienced technology roles almost exclusively. Extrapolating it to claims, sales, underwriting or customer service pay would be wrong.
Key Nuances & Insights
The 2026 proxy states directly that equity awards are not broadly distributed among the employee population. Public evidence of eligibility becomes firm only at senior vice president. Any model that assumes restricted stock units for every engineer overstates an Allstate package by tens of thousands of dollars.
The 2019 Equity Incentive Plan grants performance stock awards, restricted stock units and non-qualified options. The word ESOP belongs to the stock-bonus feature inside the United States 401(k) plan, whose leveraged loan was repaid on 31 December 2019. Reading the retirement construct as an employee option programme is the single most common error with Allstate.
Allstate exposes broad career stages and a long list of title families, and its own postings refer to movement within a salary band, but no global grade numbering was ever published. Quoting an R-number back in a negotiation would be quoting a research artefact.
Allstate job pages describe Lead Consultant roles with no supervisory responsibility, and the visa record shows Software Engineer Lead Consultant filings at a $155,827 median. The technical track genuinely extends through lead and expert without forcing anyone into people management.
The chief executive's reported total was $16.488 million in 2023, $26.744 million in 2024 and $22.921 million in 2025. The annual incentive pool funded at 50.0 percent, then 188.1 percent, then 127.2 percent, and the performance share cycles paid 62.2 percent and then 157.4 percent. Almost none of that movement is a change in target pay.
Thirty percent of the chief executive's long-term incentive is delivered as non-qualified stock options struck at $188.75, and other executives receive 20 percent. Options are worth nothing below the strike and are the reason the insider record is full of exercise-and-sell pairs that a restricted-stock-only programme would never produce.
The 306 to 1 ratio compares the chief executive against a $74,782 United States Underwriting Senior Consultant, after excluding 1,802 employees including all 1,718 in the United Kingdom. Because the offshore population is largely excluded, the ratio understates the true global spread rather than exaggerating it.
Bengaluru total compensation runs at about 9 percent of the Northbrook anchor at entry level and rises towards 36 percent at senior vice president. The multiplier therefore falls from roughly eleven times to under three times across the ladder, so a like-for-like offshore discount quoted at one level is wrong at another.
Belfast graduate pay sits close to the United States anchor at about 88 percent of total compensation, then falls to roughly half of it by senior manager. The gap widens with seniority because United States technical pay accelerates faster, which is the reverse of the Indian pattern.
The proxy discloses 39 Australian employees for pay-ratio purposes and nothing else. No Allstate-specific Australian band, office footprint or benefit enhancement was found, so every Australian row here is a market benchmark carried for coverage rather than an Allstate observation.
The corporate pool funds on enterprise performance, and the chief executive then allocates it between market-facing businesses and areas of responsibility based on relative performance, with individual awards differentiated further. Two executives at the same target can therefore land far apart in the same year.
The 2019 approval authorised 13.4 million new shares and about 23.3 million aggregate. No current remaining balance or utilisation percentage exists in a clean public disclosure, and this report refuses to back-solve one from incomplete grant tables.
Research control
Allstate's chief executive pay sits third in this comparison set, below Chubb at $33.18 million and Travelers at $26.97 million, marginally above The Hartford at $22.11 million and about 29 percent above Progressive at $17.71 million. Its 306 to 1 ratio is high for the sector largely because the $74,782 median employee reflects a claims, service and underwriting workforce rather than a technology one. On the employee side the R0 to R7 ladder tracks the large-insurer market rather than the technology market, and the absence of broad equity is the single biggest structural difference from a technology employer of comparable revenue.
Evidence classification
| Label | Meaning | Examples and permitted use |
|---|---|---|
| Verified | An Allstate SEC filing, an official Allstate or Allstate Northern Ireland page, an employer job posting or a government rule. | Executive and director pay, equity plan terms, the 401(k) design, headcount, revenue, incentive payout history and foreign exchange rates. |
| Reported | A named third-party dataset with observable records: Glassdoor, Levels.fyi and the visa aggregators. | The Northbrook anchor medians below director, the Bengaluru, Belfast and Markham observations and the H-1B wage distributions. |
| Modeled | The Northbrook anchor multiplied by a city calibration factor and foreign exchange, inside a planning envelope. | Every city without a direct observation, and the director, vice president and senior vice president band rows. |
| Not publicly disclosed | No source in either research bundle supports a figure. | Recorded as such rather than estimated from statutory minimums or employee anecdote. |
Explicit “Not publicly disclosed” index
Known gaps and diligence before relying on a cell
- 1The two bundles use different foreign exchange snapshots, 24 August 2026 and 25 August 2026, and different share-price marks, $257.79 on 25 August against $260.19 on the 24 August close. This report standardises on the 24 August 2026 rate table and the $257.79 mark, which is the later of the two share prices.
- 2The bundles disagree on the executive table layout. One separates the change in pension value from all other compensation and the other merges them. This report merges them so that salary, cash incentive, equity and other reconcile to the disclosed proxy total; the underlying figures are identical.
- 3The senior vice president row uses the disclosed 50 percent cash and 90 percent equity targets applied to a modeled $525,000 base, producing a $1.26 million total. One bundle instead models a $1.175 million total median. Neither is an Allstate disclosure of a senior vice president band.
- 4Only the chief executive's annual incentive target of $4.400 million is disclosed for 2025. The Rizzo and Merten targets shown annualise percentages that took effect on 1 October 2025, so they overstate the portion of the year actually served under those terms.
- 5Modeled totals for R0 through R8 exceed base plus target incentive because the bundles fold role-specific cash and benefit value into their total column. That residual is carried as other compensation rather than inflating the bonus figure, but it is a modelling choice, not a disclosure.
- 6The bundles disagree on the second research band architecture entirely. One uses R0 to R12 and the other uses separate A0 to A6, US0 to US7, NI0 to NI4 and CA0 to CA4 country ladders. This report follows the single R0 to R12 scheme because it is the only one that joins all countries.
- 7H-1B record counts differ across sources: 29 against 30 for the FY2026 aggregate, and city pages report multi-year windows that cannot be added to single-year totals. Each figure is preserved separately rather than averaged.
- 8Allstate publishes no geographic revenue split in either bundle, so this report carries no regional revenue panel rather than repurposing segment data as a geography.
- 9No company-wide 2026 salary hike percentage, pay freeze, salary cut or campus offer revision was located in any source strong enough to report as policy.
- 10The current 2019 plan share balance is genuinely absent from public disclosure. The 2019 authorisation figures are carried as history and must not be read as current capacity.
FX rates used — 1 USD equals, snapshot 2026-08-24
Single-date conversion layer for comparability; it ignores payroll-date FX, tax, purchasing power, benefits valuation and hedging. Compensation intelligence, not legal, tax, investment, immigration or employment advice.
Source register — 15 sources
| DEF 14A 2026 | The Allstate Corporation 2026 Definitive Proxy Statement · United States Securities and Exchange Commission · 2026-04-10. Executive and director compensation, pay ratio, annual incentive and performance share outcomes, equity plan terms and the country employee exclusion list. |
| 10-K 2025 | The Allstate Corporation 2025 Annual Report on Form 10-K · United States Securities and Exchange Commission · 2026-02-13. Human capital disclosure, workforce description and financial results. |
| Year-end 2025 | Allstate 2025 year-end report and earnings release · The Allstate Corporation · 2026-02-04. Employee count, revenue, net income, return on equity, engagement and connectivity scores. |
| 8-K Jul 2026 | Form 8-K on the appointment of Christian M. Lown as Chief Financial Officer · United States Securities and Exchange Commission · 2026-07-14. The 2026 chief financial officer package: base, target cash, target equity, equity mix and sign-on awards. |
| 8-K Oct 2025 | Form 8-K on senior leadership changes · United States Securities and Exchange Commission · 2025-10-01. Rizzo and Merten base salaries and target cash and equity percentages, and the October incremental grants. |
| 8-K May 2024 | Form 8-K on the appointment of Eric K. Ferren as Controller · The Allstate Corporation investor relations · 2024-05-15. The only public senior vice president cash and equity target and equity mix. |
| Form 11-K | Allstate 401(k) Savings Plan Annual Report on Form 11-K · United States Securities and Exchange Commission · 2026-06-26. Eligibility, automatic enrolment, escalation, the company match formula and plan assets. |
| DEF 14A 2019 | Allstate 2019 proxy statement establishing the 2019 Equity Incentive Plan · United States Securities and Exchange Commission · 2019-04-05. Plan authorisation of 13.4 million additional shares and about 23.326 million aggregate availability. |
| DEF 14A 2017 | Allstate 2017 proxy statement establishing the director equity plan · United States Securities and Exchange Commission · 2017-04-06. The 400,000 share authorisation for the non-employee director plan. |
| Forms 4 | Section 16 filings for Allstate insiders · United States Securities and Exchange Commission · 2026-08-12. Option exercises, open-market sales and the Rule 10b5-1 plan disclosures for Wilson, Rizzo and Dugenske. |
| Allstate careers | Allstate Careers, Allstate India, Allstate Northern Ireland and Allstate Canada pages · The Allstate Corporation · 2026-08-26. Career stage filters, posted United States salary ranges, benefits, the Northern Ireland benefit list and the Canadian total rewards framework. |
| Salary datasets | Glassdoor and Levels.fyi Allstate salary records · Glassdoor and Levels.fyi · 2026-08-26. Bengaluru, Belfast, Derry and Markham role anchors and United States senior manager and director aggregates. |
| H-1B extracts | H1BGrader, Ellis and MyVisaJobs Allstate extracts plus DOL OFLC performance data · Third-party Department of Labor aggregators and the Department of Labor · 2026-08-26. FY2026 wage distributions, city medians, job-title medians and petition outcomes. |
| FX snapshot | XE mid-market historical currency table · XE · 2026-08-24. Every local currency conversion in this report. |
| Peer proxies | Progressive, Travelers, Chubb and The Hartford proxy statements · United States Securities and Exchange Commission · 2026-04-06. Peer chief executive compensation comparison. |
Recent News & Workforce Trend
Allstate's 2026 compensation story is about executive turnover and a strong incentive year rather than any workforce-wide pay action. No company-wide salary hike, freeze or cut was announced in any reviewed source.
Allstate does not publish a multi-year headcount series or any attrition rate in the reviewed sources, and the 2025 disposals of the employer stop-loss, voluntary benefits and group health businesses break comparability with earlier years. The only geographic signals in the filings are the proxy country exclusion list, Allstate India's claim of more than 8,000 professionals and Allstate Northern Ireland's roughly 1,700 employees.
The Form 4 shows a $92.46 exercise price against sales at a $264.44 weighted average, a gross spread of about $9.672 million before tax and fees.
Three weighted-average lots generated gross proceeds of about $8.89 million; he retained 13,054 directly owned shares plus 341 in the 401(k) plan.
An $875,000 base with a 200 percent target cash incentive, a 375 percent target equity opportunity, a $2.0 million cash sign-on and $4.1 million of sign-on restricted stock units vesting over three years.
The executive annual incentive pool funded at 127.2 percent, the 2023 to 2025 performance share cycle paid 157.4 percent, and chief executive total pay was $22.921 million against a $74,782 median employee.
Net income applicable to common shareholders reached $10.165 billion at a 42.3 percent return on common equity, with employee engagement reported at 86 percent.
16,807 shares were sold on 2 January 2026 for about $3.45 million and an identical 16,807 shares on 2 February 2026 for about $3.37 million, both under a Rule 10b5-1 plan adopted on 27 June 2025.
Mario Rizzo became Chief Operating Officer on a $950,000 base with 250 percent target cash and 425 percent target equity, and Jesse E. Merten became President, Property-Liability on $900,000 with 225 percent and 400 percent.
The Form 11-K confirms the maximum 4 percent match formula, automatic enrolment at 6 percent and escalation to 10 percent.
The programme supports approximately 1,700 employees across Belfast and the northwest and is the largest publicly quantified employee development commitment in any Allstate market.
The grant carried a $188.75 option strike and a combined grant-date value of $15.417 million, split 70 percent performance shares and 30 percent options.
Allstate divested its employer stop-loss, voluntary benefits and group health businesses during 2025. No consolidated compensation harmonisation schedule was published for the affected employees.