#voluntaryseparation

Posts mentioning hashtag #voluntaryseparation

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Bloomington Surplus

25 union members who are collection reps just got the vtp (voluntary termination pay) to leave the company. This is up to 104 weeks pay depending on seniority. This is only the beginning. It is expected that more will be surplussed until all union workers in Leg T are gone. Luckily for them however, they get a generous package to move on, thanks to the union negotiated contract. The payout, including money and medical, dental and vision benefits is much better than the severance pay that low level managers get. Too bad for them. Sooner or later, we'll all be laid off.


Centene People Leaders and Senior Staff: Lost bid and VSP

For those familiar with Centene’s restructuring, especially employees from health plans that have already lost a contract or bid:

  • What happened to the health plan after it lost the bid?
  • Were employees transferred to other Centene plans or departments, or were they laid off?
  • How much notice did employees receive?
  • Did leadership discourage employees from taking the VSP? ( I believe they did this indirectly to fulfill the remaining of the contract)
  • Are VSP approvals based on staffing needs, performance, tenure, position, or another factor?
  • Are major SOP and productivity changes usually a warning sign of layoffs or department consolidation?

SVP acceptance

So what happens if way too many people applied for VSP? It’s making me nervous since we received follow emails asking if we want to withdraw our application. Does that mean an overwhelming amount of people applied? If so, does that mean many people will be denied?


Cha cha changes (expect a rough ride)

BUCKLE UP -
There is no legal limit on how many times a company can alter a Voluntary Separation Program (VSP) offer before you sign it. An employer can revise, amend, or even cancel the offer entirely anytime prior to your acceptance.However, after you and the company have both signed the agreement, it becomes a binding contract. Neither party can legally change the terms post-signature unless the contract specifically includes a modification clause allowing for it, or both parties mutually agree in writing to an amendment.


Anyone Else Confused by Centene's Messaging

Does anyone else feel like Centene is shifting its narrative internally? The recent Townhall seemed to downplay the Voluntary Separation Program (VSP)—almost like it’s no big deal. Now, we receive an email suggesting we should only proceed if we genuinely want to and offering a chance to retract our acceptance. What’s going on here? I’m really confused. This adds to the uncertainty, especially with the ongoing discussions about impending layoffs and restructuring. It feels incredibly contradictory.


Centene Voluntary Separation Program – Important Context for Planning

I am in senior leadership. We are being told that there will be a 20% reduction in total headcount. This will happen in waves to minimize any single organization from feeling they are targeted. Employees who stay will be told to take on additional responsibilities. This will give a false sense of security, which will lead to other rounds of layoffs.

H-1B visa holders are not receiving the buyout offers. They will be let go in much greater numbers. Their visa is tied to the job, so once they are out they only have 60 days to find new sponsorship or leave the country. Many of them are being pushed out in these reductions.

The job market will be saturated and many companies do not hire in high numbers in Q4. For the sake of your families I highly recommend reducing your output at Centene and going full time into the job search process. There is no such thing as being safe in this. Even if you make it past the firings you’ll be given more work and no promotion. By the time the company starts to normalize, newer employees will be brought in at much higher salaries.


When to accept new job offer?

Based on the language in the VSP offer details, does anyone know if accepting a job offer before your last day with Centene and before you officially sign the VSP agreement will void your eligibility for the VSP and you won't receive your severance payment?

Or should you only officially accept a job offer with another employer after your last day with Centene and after you sign the VSP agreement in September?


VSP Denial

in the slim chance your VSP application is denied, what is your plan? I can’t decide whether to put in my two weeks immediately or wait for the layoff notification.

I’m leaning towards putting in my two weeks.

I don’t believe the business will deny the application to just decide to lay us off two weeks later. I do see the business trying to work us to death for a few more months, then decide they don’t need us and give us the boot then.

I already two the work of 2.5 FTEs, I’m not taking on anything more.


If Your Position Is Not Business Critical...

if your position is not business critical, the business has no reason to reject your VSP application. business critical positions have already been identified.

why did everyone get the VSP? simple... to reduce the risk of discrimination claims.

the only way your VSP application is getting denied is if the elimination of your position will increase risk for the business or if too many people on your team applied. it will not get denied because your PL wants to keep you here (those words came from my PL). if the work can be redistributed to your team, it will be.

someone on my team applied for the VSP and the discussion of how their work is going to be redistributed has already been had. those of us who are staying will have to prepare for things to get a lot worse before they get better.


Great Leaders Lead By Example

Silence should no longer be an option. Since "leadership" is ignoring the call to step down, it’s time to turn up the volume. Let’s keep this conversation front and center until they finally acknowledge the need for a change.

Great Leaders Lead By Example
Therefore, I expect Sarah to be the first to take the new Voluntary Separation Program. But we all know she won’t. She got totally outplayed by the Trump administration and now far too many are going to pay the price for her ineptitude.