Alera Group reviews

Leadership team is too focused on EBITDA. The goals they put forward are arbitrary. Seeking a high valuation to look good for the venture capitalists they’re selling to next. A growth at all cost mentality, hyper focused on acquisitions and mergers with a finite purpose to make money to the benefit of the stockholders & stakeholders. As Henry Ford said, “A business that makes nothing but money is a poor kind of business.” Money should be a result, not a purpose. The will of employees should be a priority over the resources (e.g. EBITDA) they produce. Horrible benefits package for employees. Ironic for a company in the benefits business. Unequal advancement opportunities. Leadership team contains employees with undeserved/unearned titles, some are managers with no management training nor experience. Titles hold more weight than actual work experience or education. Unequal compensation. Stock/equity only offered for “elite” few. No clear rules on who was eligible i.e., managing partners discretion, It wasn’t role based nor tenure, leading to unfair distribution. e.g. brother of owner received stock who was in a role where no one else in that same role was offered nor eligible.

Workload: You will never run out of work. You'll be buried from day one. You're expected to get the work done without going into OT (if you are hourly). It's a fight with leadership to open a position to hire qualified people. Employee benefits: Their medical plan is a nightmare, they passed a 42.85% increase in premium to certain plans to the employee, for employee only coverage between 2020 and 2021. Then they took away the company paid accident benefit and made it 100% employee paid. Prescriptions that were $15 a month last year? Jumped to $40+ a month in 2021. Their current medical plan provider is difficult to reach via the phone and unwilling to provide any assistance/guidance on their denials for coverage. Word to the wise, if you're going in for surgery, better ask EVERY Single person in the Operating Room if they participate with your medical carrier and if they are necessary to assist in the surgery. Otherwise.... You'll get bills in the thousands of dollars and the carrier conveniently can't find your appeals, if you happen to get someone to answer their phone. Company match on 401k? It USED to be 6% company match up when an employee put in 6%. Then the pandemic hit, they took the match away. Then they reinstated the match at 3.5% if you put in 6% of your income.