Thread regarding HCSC (Health Care Service Corporation) layoffs

VSP?

Will someone in the know please share if a VSP is planned and what the terms would likely be? I've seen a few comments that suggest one is coming.

I'm not really looking for opinions but for someone who knows to share.


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| 2771 views | | 5 replies (last September 25) | Reply
Post ID: @OP+1k6141ky2

5 replies (most recent on top)

I remember the "will there be another VSP?" question at a Town Hall years ago. Think it was Paula at the time. If a C Suite can't take that as a sign they've failed, how time dead are they? And it's worse now. A lot worse.

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Post ID: @an+1k6141ky2

They will never offer VSPs again. The year they offered them, some snake oil consultants told HR that if they offered the packages, only 11% would take them and that would be enough to meet their administrative cost reduction goal. Joke was on them because over 23% took the packages and then people who weren’t offered were begging for one. What does that tell you about the leadership and culture of HCSC?

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Post ID: @aj+1k6141ky2

@a2 last time a VSP was offered to people age 50+ who had been with the company for 20 years .

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Post ID: @ah+1k6141ky2

No way. Why would they operate above board and lead with business sense and compassion. All ego and arrogance.

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Post ID: @a3+1k6141ky2

Last time, I believe it was offered to people 50+ years old with 10+ years of service. No guarantee they will be the same, or that it will even be offered again.

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Post ID: @a2+1k6141ky2

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