After my diagnosis last year, I realized I'm basically institutionalized by our benefits package. The premiums are reasonable and they actually cover my treatments, which is more than I can say for most friends' plans. It's depressing knowing I'll probably be here another 5-7 years regardless of opportunities elsewhere. They've got us over a barrel with these medical benefits, and they know it.
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Any idea can be correct in the right place at the right time.
SAS was clipping along and all Pierre knew how to do was fire people and drastically reduce expenses. He was unoriginal, uninspiring and simply unpleasant to be around.
Sounds like you and him might have been study buddies in logic class, no?
Love or hate Andre Boisvert all you want. One of his ideas was cutting expenses and that is happening via the steady drip of layoffs.
Assuming SAS either sells or an IPO happens, many of Andre's ideas will be incorporated. Any good COO knows what has to be done to save the company assuming a save is not too late.
If there is no sale or IPO,do not be surprised if the heirs take quick action. There is no evidence that any of them have any skin in the SAS game and likely will feel put out that daddy Jim and daddy John left them a big mess to deal with.
Andre had the right ideas. He was just at the wrong place at the wrong time. Meanwhile the Titanic continues full speed ahead towards hidden dangers.
- Andre Boisvert
OMG someone actually referred to Pierre Boisvert in a positive manner.
SAS must be in a horrible state if that gargoyle is looking good.
“Why keep bringing [equity] up, like it's somehow SAS's problem?”
It is SAS’s problem. Equity is an incentive to recruit and retain the best people. SAS has lost people to Microsoft, Google, and Nvidia. Does anyone leave those companies to join SAS?
Andre Boisvert, in his brief time at SAS, argued that equity offers a better business model, by incentivizing employees to work beyond a 35-hour week. But SAS chose the business model that it chose.
We were never promised equity, and we chose to work at SAS anyway. That was a fair deal. At this point, talking about equity is talking about what might have been.
You take the best offer from your available options.
Sounds like the best offer from your available options didn't include "equity" then. Why keep bringing it up, like it's somehow SAS's problem that they haven't sweetened the pot to keep you? If you're still working there, SAS obviously didn't (and doesn't) have to. And if you have moved on and are working somewhere else, congratulations, you had better options. I hope you picked the one that offered "equity".
@jt
I will never understand the comments from folks who think they have tons of employment choices in life. It's like they think they are omnipotent and can land a job anywhere, picking and choosing all the compensation features of those jobs. If that's the case, then you are extremely fortunate.
A job offer is an exercise in satisficing. You take the best offer from your available options.
@f7+1jyph2gks
I will never understand the frequent comments about "equity" that I see here. You were never promised equity, yet chose to work at SAS anyway.
@f6 You probably get equity, too!
@ds you are correct. I left SAS for big pharma and never looked back. My only regret is that I didn’t leave SAS sooner. Depending on the pharma company you work for, their products are usually free to employees.
No wonder Americans don't retire.....
“ The benefits are average. ”
Tell that to 90+% of the worlds population and they’ll either laugh at you or want to hurt you,
Sheltered viewpoint…
The benefits are average. The problem is health insurance on the market place is not as good and more expensive. I have heard of countries actually having national health insurance, maybes someday we can be that cool?
Get a job supporting Big Pharma. Those benefits make the SAS benefits look generic.
Check around. You might be surprised to learn that the same coverage is a available for similar price.
If leaving SAS is what you have to do for better mental health, then consider it . Management in my area was nice but it was a fake nice. They did not listen to anything other than ideas that aligned with their narratives.
They put themselves above the customer. That is a big reason SAS is revenue stagnant and likely has no hope of reversal.
Sorry for the medical issues you are facing but you are making the fact that SAS has good affordable health insurance sound like a bad thing
America.
I believe the poster is saying that SAS Health Insurance is good, so they are stuck at SAS because plans elsewhere aren't as good.
SAS is not a bad trap to be stuck in.
Sorry for whatever you are dealing with. Have you investigated insurance options outside of SAS with an independent agent? Find doctors and specialists you need while you do still have good insurance. Maybe focus on one group like Duke, UNC-Rex, or Wake Med in the Cary area. Then look for policies that cover your doctors and conditions. Figure out the costs and calculate how much you need. When you have enough to retire, do it. As you get closer to retirement age, we’re all going to have something medical to deal with. Just a fact of life.
We all have choices we can make.
Why do you make having great health insurance at reasonable cost sound like a bad thing?
That isn’t meant to be antagonistic even though it sounds that way.