From a reliable source: after the 2022 high sales goal was nearly met and senior leaders realized how much RRP would need to be paid in the February 2023 common review period, they purposely set the new 2023 sales goal to an unattainably high level. This was to make sure the payout in Feb 2024 (this year we are now in) would be substantially lower. RRP payout in general has an average goal from year to year and the much lower payout in 2024 would be a counterbalance compared to 2023 higher payout. Also Andrew Witty was specific on a leaders only call that he was expecting, and would be perfectly ok, with resignations as a result. His view is that natural employee turnover which he has boasted of in the past (the "attrition rate") has been running too low anyway. Most of the UnitedHealth Group 400,000 employees probably do not know any of this.
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RRP for 30 is not 95%. Its more like 50%. It is lowering the higher the grade.
Su-ks this year.
Word on the street is that only those under grade 30 will be receiving merit increases, grade 30 and above are not! RRP for 30 and above will likely be funded at 55% which is down from 90% last year. It is NOT 95% as indicated by another post on this thread.
The public is painted a rosy picture as to not alarm shareholders that could plummet stock value. Grades 30+ were told to be prepared for absolutely no merit increases. Grades 27 and 28 are getting meager merits (1-2.4%) and RRPs are weaker than last year’s, roughly 1-2k less).
Record earnings. 55% RRP funding. #compassion
Witty's message is completely different between all employee meeting and 32+ meeting. #integrity
We met our public targets but BT said it was missing the "internal" targets that caused low RRP.
"Our company's growth hinges on raising our targets. Setting them too low would mean settling among the ordinary, akin to wallowing with the pigs. As high-flying eagles, let's aspire to great heights or reconsider our commitment."
No one cares about your kool-aid talk! We're getting crushed, i hope there's a mass exodus!
Our company's growth hinges on raising our targets.
Raising targets on outsourcing, got it. You're not very good at anything else.
Setting them too low would mean settling among the ordinary, akin to wallowing with the pigs. As high-flying eagles, let's aspire to great heights or reconsider our commitment.
Ah, there's the Optum BS propaganda we've all come to know and loathe.
🤡🤡🤡🤡🤡🤡
HR has entered the chat.
95% for 30+?? Was that a typo?
No one else is hearing that.
Confirmed 29 and below are funded at 57% for RRP. 30 and above are funded at 95% of RRP
Our company's growth hinges on raising our targets. Setting them too low would mean settling among the ordinary, akin to wallowing with the pigs. As high-flying eagles, let's aspire to great heights or reconsider our commitment.
This is not surprising at all.
Why not just state that and stop the lying about raises, bonuses and revenue? Everyone already thinks that anyway; at least "leadership" could be honest about it.
Everyone really needs to be informed of this.
Heard very similar comments from my leader.