We have been "cost saving" for the last 5 years and we are STILL CUTTING. I chose to control my future rather than wait - this year or next - to be RIFd. This company does not care if you are an amazing employee - we are just numbers always take the money
7 replies (most recent on top)
@ce Not sure why this proposal got downvoted, I mean doesn’t trust have to work both ways?
@a7 Seeing as how, according to you, “they will receive their money,” I propose they just pay them their VSP money now and then let them continue working until their scheduled end date…on the honor system.
@a7 I understand that an extended date doesn't cancel their package but some had Jobs lined up for the fall. They will obviously leave so they won't last to see that money. There's also plenty of time for reasons to be invented to fire someone within that time. We've already seen that Centene continuously moves the goal posts.
@a4 If someone accepted the VSP, they will receive their payout. An extended end date doesn’t cancel the package — it just means the final amount is recalculated closer to their actual last day, based on their updated years of service. No one is ‘losing’ their VSP because of an extension. The payout is still guaranteed under the terms of the agreement, and extensions don’t eliminate it.
@a4 I agree. It's a deeply personal decision for a lot of people. Myself, I have a young daughter so being remote offered me flexibility I wouldn't have had in office. I've been with Centene over a decade and in leadership so my package was tempting, but I couldn't give up the remote flexibility with a young child, remote jobs aren't easy to come by. Will I still be RIF'd and my thought process backfire, it's definitely possible. But in my situation I'd rather make them do it than me offer myself up.
@OP yes I should have, lesson learned!
Not everyone's vsp package was worth taking especially since it will be heavily taxed. There are also some states where this would risk unemployment benefits. I don't know why some are acting like the VSP was universally the right thing for everyone. There will also be many that will never see that money since so many had dates extended.