MetLife Moving 2,600 Jobs to North Carolina from Northeast, California

By | March 11, 2013

  • March 11, 2013 at 4:01 pm
    Agent says:
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    Smart move Met! They apparently saw the handwriting on the wall about Taxifornia and the blue N/E and decided they needed to lower their cost of doing business. More and more companies are moving from the N/E and left coast to Texas and the south to escape the oppressive tax burden and inflated salaries they have to pay in those areas.

    • March 11, 2013 at 4:52 pm
      Rusty says:
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      And the powers-that-be in “Taxifornia and the North East still don’t get it. Just like our federal politicians, they simply ignore reality around them and they keep on doing what they always do – spend other people’s money very freely (to assure their re-elections) and always look for more. In New York we have a governor who, like his dad did years ago, is going to steal (yes, I said “steal”) the reserves (paid by employers as part of their premiums) of the State Insurance Fund (the state-owned Workers Compensation insurer) to balance the budget and leave the Fund with a IOU for future claims. Just like Milke Myers, as the Church Lady, used to say on SNL – “Well, isn’t that special?”

      • March 12, 2013 at 11:24 am
        j l says:
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        Pretty sure Dana Carvey played the church lady.

      • March 12, 2013 at 1:08 pm
        InsGuy says:
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        Rusty – not an expert, but in most cases, those attempts can be challenged and are usually blocked/reversed by judicial, becuase the way the laws are written. There was a case just a couple of weeks ago where a state (IL, maybe) took $200MM from a state fund’s reserves to balance their medicare/medicaid deficits and had to pay back $223MM to the fund.

    • March 12, 2013 at 5:37 pm
      Celtica says:
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      >The new jobs, paying average salaries of nearly $82,000 a year, would include product management, marketing, sales and customer support

      Inflated salaries? An annual salary of $82,000 in North Carolina would top every state in the union, including California. Or are you just looking to bash blue states?

      ‘Fess up. We’re on to you.

      http://www.averagesalarysurvey.com/article/average-salary-in-united-states/15200316.aspx

      • March 13, 2013 at 11:38 am
        sgal says:
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        What about taxes?????

    • April 12, 2013 at 9:48 am
      Eric says:
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      Ahh Agent. North Carolina is one of the most taxed states in the nation. I live here in Charlotte. Although Cali’s taxes may be higher, the state of NC is not far behind at all. They tax us for every damn thing here. But always crying about “We need more money” and continue to raise taxes. The only ones receiving any type of tax breaks are the large companies. But the average Joe can expect to be taxed to the point of no return. The average salary sucks for most of types of jobs here. In fact, most jobs are call center jobs with no potential of job growth development. I grew up here and the grass ain’t always greener on the other side I promise you.

      • April 12, 2013 at 10:52 am
        Agent says:
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        Eric, Didn’t I hear that NC had a female Democratic Governor who was all for higher taxes and who got upset the voters turned down the gay marriage issue? Didn’t she decide not to run for another term because her favorability was way down? Had she adopted Nikki Hailey’s (R-SC) positions on free market, lower taxes and incentives for business, she may have been more popular. If you get too frustrated about your job, you could move to Texas. We have a lot of opportunity and no state income tax. Businesses enjoy incentives to hire and jobs are actually created here.

        • March 18, 2014 at 12:24 pm
          Serena says:
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          The Governor is a man. Your facts are wrong.

  • March 14, 2013 at 12:26 pm
    Flip says:
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    Good for North Carolina, sure. Good for Met’s bottom line, sure. Nice to see that a former employee of Met Life, now Governor of North Carolina, (Certainly no conflict of interest there) had the savy to bring those jobs to NC. It’s just tough cookies for those Two Thousand, six hundred people who have to leave their families, move across the country, and re-apply to -maybe- keep their jobs, but hey, who cares when there are profits to be made, right?

    • March 14, 2013 at 1:05 pm
      Agent says:
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      You sound like an anti-capitalist to me. Were you also against Boeing opening a plant in South Carolina, a right to work state even though it didn’t hurt Washington state in any way? Are you not upset that GE sent a whole division of their company to China? I would rather have the jobs in the USA than send them overseas.

      • March 22, 2013 at 11:46 am
        Flip says:
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        Anti-capitalist? No, I’m not anti-capitalist, I am pro-family. Unlike you, (As it would seem) I do not wish to upset 2,600 families for the benefit of a few shareholders intent on increasing their profit margin at any cost. If Met shareholders want to make a quick buck, they should consider selling MetLife/Yankee stadium. I’m more than understanding of any shareholders craving to make more money. I comprehend the concept that this is the fundamental goal of any successful business. However, I am against the dismantling of thousands of American family units to do it. I would not make a good CEO as I would re-invest more profits to the employees who ensured the company’s success, over the shareholders who put up the initial public offering.
        You speak of Boeing opening a plant in South Carolina and suggest my contempt for it, well, that dog won’t hunt. The only reason Boeing wanted to move was to bust the Union and prevent any strikes for unfair labor practices, look it up. To suggest that I prefer them moving out of the country, is both ludicrous and irrelevant to MetLife’s moving 2,600 jobs from several states to one.
        You suggest I’m not upset with GE sending a whole division to China. Another dog that won’t hunt. I suggest you do a little research about General Electric and its CEO, Jeffery Immelt, before you cast aspersions of my feelings regarding the matter. President Obama praises Jeffery Immelt (A member to the President’s Economic Recovery Advisory Board and the chairman of the board and chief executive officer of the U.S.-based conglomerate General Electric) as one of his top economic advisors in regards to trying to rebuild America’s economy, despite outsourcing numerous jobs to China, (Who he [Immelt] has referred to as GE’s “second home market”). I know many people from G.E. who lost their jobs to out-sourcing for the benefit of profit margins. When I weigh the benefits gained by the shareholders of G.E. stock, over the devastation hurled upon those families who lost their jobs to China, I cannot, nor will I ever agree that, money is more important than the American family. There again, it’s irrelevant to MetLife’s moving 2,600 jobs from several states to one.

        I am a United States Marine Corps veteran with strong family values, who agrees capitalism is the cornerstone of this nation’s economy; but when that cornerstone is laid at the expense of our family values, it should be clearly evident to any self-respecting American, that significant re-evaluation of those priorities are in order. I, and many other people believe that making a profit should not supersede breaking down the family unit. That includes moving 2,600 jobs from where they are to some other state. I never said they were moving out of the United States.

        • March 22, 2013 at 4:11 pm
          Agent says:
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          I will agree with you on one thing Flip. You would not make a good CEO. CEO’s with companies domiciled in the N/E and left coast have seen the handwriting on the wall and are on to what the politicians have been doing on taxation and regulation and they don’t like it much. It is much harder to do business in those blue states and the cost of living, taxation burden will only get worse as the tax base thins due to companies moving out. Just look at what is happening in California, Illinois, Michigan, Massachusetts, Connecticut. Colt Firearms has been in Connecticut for 175 years and they say they don’t feel welcome anymore. The little city they are located in will dry up if they decide to leave. You should blame the politicians in power for creating these conditions instead of criticizing companies who feel threatened by what is going on and seek another place that is friendlier to them. By the way, Jeffrey Immelt is the biggest fraud their is. Jack Welch, the retired CEO would have never moved divisions of GE to China.

          • March 25, 2013 at 3:18 pm
            Flip says:
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            You told me that I should blame the politicians instead of criticizing the companies. I couldn’t agree with you more however, let’s be realistic. There is blame deserved, and enough criticism to spread on both government and corporations, each being equally deserving. I’m not blaming MetLife for making money, nor throwing rocks at North Carolina for white-washing almost a hundred million dollar tax bill (Incentive, as it’s called by those who think you can polish a horse apple), to lure the Insurance Giant to relocate to The Tar Heel state. I am not economically comatose, nor naïve. There is no doubt in my mind that with better government, there would be better financial choices and fair tax calculations available, for all states, blue and red, as well as all American based corporations, thereby ensuring families the security they deserve and their rightful place in American industry. Who isn’t fully cognizant of a business’s universal and obvious onus to make more money? However, after all is said and done, is it only the idealistic who ask, “Have we lost our moral values in the grand plan to make a buck”? When did MY making a dollar mean more than YOUR family? Is the distinction between right and wrong so alien to the post-Reagan economy-minded masses, that it no longer exists? If so, humanity has more to worry about than this. There are bigger issues than tax incentives at stake.
            Blue States, Red States, I’m guessing you’re referring to North Carolinas’ affinity for Republican verses Democratic political paths? Think Blue… The truth is, since North Carolinas’ November 21, 1789 decision to become the 12th state of the Union, (And realistically since The 13-member Provincial Council, renamed the Council of Safety in April 1776), there have been only 7 republican governors, (Leaders), governing North Carolina, – 8 if you include William Woods Holden May 29, 1865-December 15, 1865, of the National Union. The National Union was the Republican Party’s attempt to woo Civil War Democrats to a Republican Party vote, by changing their name. (Can you say ‘Carpet-bagger’?) This way, some folks wouldn’t know they were voting for reds instead of blues. 237 years and only 7 defined Republicans, makes one wonder exactly what North Carolina’s favorite color really is, now it’s red, but historically, it’s true blue. While a majority of state residents show open support for Republican national candidates from 1968 with Richard M. Nixon, the state still voted for Obama in 08. Let’s just call it a purple state.
            As for Colt, well, they’re falling victim to the daily, liberal media blitz of a Sandy Hook/Gun control, propaganda drive to sway public opinion. That alone is making Colt feel unjustly oppressed. It has nothing to do with why MetLife is moving, it’s about control.

    • March 22, 2013 at 2:45 pm
      Ms. Insurance says:
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      I think you read the information regarding the governor’s former employer incorrectly.

      “The Republican governor had no interaction with MetLife while at Moore & Van Allen, said his spokeswoman Kim Genardo.”

      He worked for the law firm, not the insurance company.

      As a NC insurance professional, I’m glad to see the business here. Once those folks from the snowy, crowded, polluted NE states spend a few months here, they’ll be glad to be here too.

      • March 25, 2013 at 3:18 pm
        Flip says:
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        The Charlotte law firm Moore & Van Allen, where McCrory was employed from January 4, 2010, to just days before taking public office, helped the insurance company negotiate with state and local governments to receive more than $94 million in taxpayer-funded incentives. Yes Ms Insurance, the “Spokeswoman” for the Governor openly stated that he did not interact with MetLife during his employment with the Law Firm of Moore & Allen. McCrory said, “My commerce secretary led that recruitment effort”. You are absolutely right, he never worked for MetLife. MetLife began discussing the move to North Carolina months ago – while McCrory was still employed by the law firm, but I’m quite sure he didn’t know anything about it. I am reasonably certain that if he had, it would have been un-ethical, therefore, impossible.
        It’s not about not liking North Carolina, it’s about leaving everything behind, to (Hopefully) keep what’s rightfully yours. It’s about being forced to make decisions which are life-altering for the employee and the employee’s entire family. Think about it; if you had to choose between your job of thirty years, and tearing your family apart to move to Maine, you might have some reservations as well, despite how inviting Maine really is. I’m hopeful that my friend who is in this position can make a decision that will be beneficial to everyone involved. Personally, if my friend goes to N.C., I’m going to miss her and so will her family, but with North Carolina being so beautiful, how could I not visit?

        • April 23, 2013 at 1:56 pm
          Ms. Insurance says:
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          I’m sorry Flip. I didn’t mean to hit a nerve. “Think about it; if you had to choose between your job of thirty years, and tearing your family apart to move to Maine, you might have some reservations as well, despite how inviting Maine really is.” Not a tough decision for me or probably for most other North Carolinians regarding places where snow is measured in feet v. inches. Family comes first even when jobs are hard to find. I’ve never looked at a job as “rightfully” mine but that’s not a political difference, just an observation by a voting republican who wept openly at the NC results in the first presidential election. At least we tried to correct our mistake the second time around. Unfortunately, the rest of the country didn’t see the same writing on the wall. Now we’re all paying for it…and will be for years to come. I’m looking forward to having Met nearby and as many of our northern friends as would like to come. If you come and don’t like it or if you dont’ want to leave the wonderful NE area behind, I-95 does go both ways.

          • April 24, 2013 at 10:07 am
            Flip says:
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            Please, Ms. Insurance, do not worry, you didn’t “Hit a nerve”. I too am sorry if I seemed a bit sarcastic, I was.
            I’m sad to see so many of my friends (Particularly one) move away because they have to. It seems more and more people are falling victim to a changing economy which is in flux due to poor political planning or outright malfeasance (PLEASE share this) such as, The latest bill (Bill S.716), President Obama signed into law, “Specifically alters the Stop Trading on Congressional Knowledge Act, or ‘STOCK Act‘, which, when it was originally drafted was intended to be a law designed to combat insider trading on Capitol Hill – until our elected officials got their teeth into it that is. This is how the criminals usually work – quietly and in secret: the bill passed both House and Senate chambers on a voice vote (where lawmakers’ names are not recorded). Both chambers cleared the legislation in near record time by Washington DC standards – taking only ten seconds in the Senate and 14 seconds in the House to pass. http://21stcenturywire.com/2013/04/17/obama-quietly-passed-law-making-insider-trading-easier-for-us-politicians/”
            Please again, share this with the public. I have removed the hyper-link, just copy and paste into a browser or better yet, look up, Bill S.716.
            “Agent” was absolutely correct when he/she said, “You should be angry at the politicians”. It troubles me to no end to see the decline of our basic values which were so keenly learned and lived, cast aside in lieu of the dollar.
            I’m glad to hear you would choose families over jobs, despite the difficulty in raising one and keeping the other. It’s both comforting and reassuring to read that there are still people with classic American values alive and actively voting and begrudgingly; I have to agree that referring to a job, any job, as “Rightfully theirs” is exaggerating an aspiration. It seems to me there was a time when that was the norm rather than the exception.
            There is no doubt, times are changing and so will the places some call home. Like the Wagon trains of the old west taking people to new lands for new opportunities, Met is the catalyst for a new adventure for many. Let us pray there will be no “Donner party” travesties along the way. (No pun intended being that George Donner was from North Carolina).

          • April 24, 2013 at 10:16 am
            Flip says:
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            Below is a link to the article referring to the comments in quotations that may have been removed.
            Please research and share information regarding the repeal of “Stop Trading on Congressional Knowledge Act, or ‘STOCK Act” and vote accordingly.

          • March 18, 2014 at 1:11 pm
            Serena says:
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            MetLife is hoping people dont want to move because they can hire at lower wages in NC

    • March 18, 2014 at 12:34 pm
      Serena says:
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      Why do they have to leave their families? Are you saying MetLife only hires single people?

    • March 18, 2014 at 12:53 pm
      Serena says:
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      Why do employees have to leave their families? Are you saying Metlife only hires single/divorced people?

  • March 20, 2013 at 2:55 pm
    angry wife says:
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    The way they are treating their employees is absolutely disgusting. To quote a saying “It’s not personal it’s business”. Well guess what it is personal. I thought Metlife was suppose to care about people – well!!! They are playing such games with their employees. First they give them the choice of going to N.C., then they are told they have to re-post for their job and there’s a chance they may not be re-hired – excuse me………. After working for Met for 40 years you have the nerve to say I may not have a job anymore all because you are looking to save money! If an employee is willing to re-locate wouldn’t it make sense to take them with you?????????????????????? I JUST DON’T GET IT. NOT ONLY ARE THEY DISRUPTING THE LIFE OF THE ONE WHO WORKS THERE BUT THEY ARE INTERFERING WITH THE LIVES OF THE ENTIRE FAMILY!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Doesn’t anyone at Met have a heart; any feelings; care about anyone but themselves because the “bigwigs” are not worried because their lives aren’t being disrupted!!!!!!!!! YOU sure don’t follow what your commercials say you stand for…………………………

  • March 20, 2013 at 3:34 pm
    Agent says:
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    Angry, You should be angry at the politicians who have caused all the companies grief over a long period of years with excessive taxation, regulations which are forcing them to re-evaluate where they are. Taxafornia and the liberal N/E are running businesses off right and left to more friendly business states. I saw another piece where Met is now allowing some employees to work from home in these N/E states if they don’t move to NC. Maybe that will save some jobs.

    • March 18, 2014 at 12:55 pm
      Serena says:
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      They are doing it more because the NE has a higher cost of living and requires higher salaries. Politicians didnt cause this, large populations caused this in the NYC/NJ area.

  • March 22, 2013 at 2:56 pm
    Ms. Insurance says:
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    I think you misunderstood where our governor worked previously.

    “The Republican governor had no interaction with MetLife while at Moore & Van Allen, said his spokeswoman Kim Genardo.”

  • March 22, 2013 at 9:39 pm
    tagteam says:
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    I see that they’re not moving the jobs to Illinois where they also have a very large presence. But that’s another very Dem Liberal Blue state.

    • April 12, 2013 at 11:03 am
      Agent says:
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      Trust me, Illinois is not creating any jobs with the environment there. I have a fellow agent friend who says it is terrible there and he has lost a number of accounts who have closed or moved to another state. State Farm’s HO are there and they are moving a substantial office to Texas and reducing staff there. Companies will tend to operate in business friendly states and abandon the wild eyed liberal blue states who want to tax and regulate them to death. They wonder why business keeps going away and it is right there in front of their noses.

    • April 23, 2013 at 9:34 am
      Agent says:
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      The Blue States had better wake up before most of their business moves out. Rick Perry is traveling around several of these states having meetings with business leaders and offering them incentives to move to Texas. No state income tax, right to work and incentives to move and hire workers is very appealing to a lot of employers.

  • April 22, 2013 at 3:26 pm
    Cheryl says:
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    Where would I apply?



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