They should come out now and announce bonus will be zero...let those who were thinking of leaving go. Going to be an exodus
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Anyone who thinks bonus will be more than 50% is delusional. Honestly, it could be zero given we are so far off on eps.
MIP won’t be 0 but it will be less. Quarterly came out and it was significantly lower than usual if that helps
I have been with the company for over 15 years and we have received a bonus every year. I am with CVS so not sure of Aetna but some years were better than others. Some years it was 160-200%. Realistically, the bonus will be 70-80%. It won’t be zero.
All layoffs should be director and above.
Bonus? Bonus? I wouldn't be surprised if Merrits were held to almost 0 as well. They've done that before (I think it was 8 to 10 years ago).
This isn't going to be a good year to be hero, so, don't ki-l yourself out there!
I agree announce now as for many years people rely on bonus as part of total compensation and if they suddenly take it away after many years or existence, it’s a paycut in my opinion.
These events are going to be the last straw for a lot of employees. Everyone is in shock at how fast this place has deteriorated including morale. Nobody I work with is going above and beyond because they know it won't matter.
@sul+1tTTl5IM I was recently promoted with a sh---y raise. Prior to promotion I was maybe 5% below market, which was tolerable.
Why did you take a job that is supposedly 20-25% below market and now complain about it? Honest question.
My compensation is conservatively 20-25% below market and 35-40% below some of the "reach" interviews I've been getting. This company does a terrible job of rewarding talent below the level of director.