I’ve been with Humana less than a year. With Humana having constant layoffs, does the anxiety of not knowing if you will be next on the chopping block ever go away? For those who have been with Humana for many years, does the lack of job security make you feel terrified? Does it ever get easier? I’m a nervous wreck and always overwhelmed that I’ll be included in the next round of layoffs, and I’ve only been working for the company for 6 months.
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I agree! Humana is probably the most stressful place I have worked. They micromanage which is a form of bullying. They could care less about their employees. They don't care about our health at all! Everyone knows stress causes major health issues. I wish you all well!
It’s not something you get used to, but you learn to live with it. I feel anxiety, too. Any of us could be next. That’s how life works at Humana. I hate it. I wish I could change that. I can’t. So I try to do self-care and pray to manage my anxiety. Most of the time, that works. I’ve been here over 10 years.
Speaking for myself, you never get used to it and it never stops. There is no job security so you have to be willing to live with that on an ongoing basis. If not, then I would suggest seeking other employment!
@pmr+1jnBRqC2 When you join a 401k you give the 401k Plan, the right to act on your behalf. You may in theory own stock but you have a plan manager who you have agreed, can act on your behalf. In short they vote for you which is why Pension plans have so much power in the market.
You may want to double check your retirement fundings, I don’t think Charles Schwab invests our 401k monies in Humana stock. We aren’t stock holders, unless you bought it on your own.
To "Short Answer, no long answer" We are all stock holders if you participate in the retirement fundings. When and how will stockholders be notified. Or did you mean the BOARD of the stockholders will be notified? I ask because if we all own stocks and should be notified beforehand, I'd like to know where to look to find the information.
Layoffs at Humana have been a concern for the last seven years.
Well said.
Short answer... No. Long answer. It is a sad reality that a company the size of Humana has to be flexible. I suppose the need to constantly move with health trends or even set new health trends will ensure the workplace will be volatile. In the years I have been with Humana they have reinvented Care Management several times and each time there had been a huge influx of RNs which was soon followed by a similar number of reductions... I believe this is why we see recruiting for roles at the same time they are planning cuts. They need the new program in place today but can't turn off an existing program in a coordinated way. Benefit plans run from the start of the year to the end, changing any service promised in a plan doesn't happen without consequences.
In the years I have been here things have worked out very well for me but I am facing the same anxiety as many others. There comes a time when being comfortable in a job isn't enough. If you are already feeling the stress of workforce reductions this is not the place for you. Smaller companies may handle force reductions in a more equitable way and your input and performance may be easier to identify, but those companies won't have the same ability a company like Humana has to weather the storms. If. as I have heard 700 associates will be laid off this round that's a 1.27% reduction in staff. Some of those staff will fell happy to go, maybe into retirement. Some may go on to change a career or specialty. A large number will move to a different company and make every effort to return to Humana.
I feel that this will be final stint here at Humana. and if a RIF comes so be it. This time I won't comeback or move to a different organization. I am worn out by the lies of senior leadership toward the staff. The wellness and work life Balance is a lie, Support through HR is a lie. You are not assisted you are put more firmly in your place. Ethics an outsourced group who never seem to ask the right questions to find the ethical concern, the outcome is ALWAYS against you.
Being told that you have to employ more of a specific race while you are in the middle of a recruitment drive places you under pressure and it becomes tempting to employ tokens rather that workers. My own team was very diverse many different races, colors, religions and functioned excellently as team, each having a unique set of qualities we needed as a team... This was not enough, I was directd that All of my team should be bilingual.
The hardest part of the RIF is the Point In Time Assessment. As manager you are under some pressure to take a close look at your team who have not performed well. You get certain encouraging conversations from leadership about possibly, some individuals who may have made a bad mark in the past. You may have your own assessment results which could also be biased because you find an associate challenging. Once the assessments are done the Directors have to ensure they can polish that tu-d, They have to present it to senior leadership and it has ti be sold the next level and HR,
All of the processes Humana goes through have to comply with the SEC, If the company are going to lay off 700 associates the stockholders are told first... Any time you hear that Mary from Pharmacy has a Sister in HR and she knows who is going to be fired. That is a lie.The Board knows. The Stock Holders are the told, then the Humana lower leadership and then us.There is a pattern. Humana wants the impacted off the payroll by the start of the next quarter, keeps the numbers straight.