@y1 base salary
31 replies (most recent on top)
@r8 is this solely based on your base salary? Or will it be based on the total income earned last year (did a lot of OT)? Thanks!
@ka multiply your salary by your AIP %, then by 86%.
Example: Salary 50,000,
AIP% 7.5% =3,750 *86% =$3,225.00 AIP award
@ka multiply your salary by .086
@jb so work somewhere else. You are free to leave but you don’t want to or can’t. Probably can’t. As one poster said there is no one hiring and massive layoffs across all industries including tech where I came from . So sure complain, do as little as possible, undermine your manager those are great strategies. You clearly don’t understand how companies work pointing to profits which are well below what investors expected so why don’t you educate yourself on how public companies work first. If you don’t like the capitalist system work in a not for profit and make even less. That’s a choice no one is making you work for a public company. At least educate yourself on how public companies work.
Can anybody explain exactly what the 86% AIP actually means? How much can we actually expect to get from this? Relatively new to the company so any answers would be helpful thank you.
@hb when the company is making billions - when CEO makes 22 million a year + and sits on boards of companies we serve their employees and the merit rarely is above 2% and we get an AIP in double digits - seriously -
How dare anyone "complain" - your response we should be happy about it, and better other companies are paying less (how do you really know ? You have a friend?
Do you tell your friend who's getting beat- are you getting beat everyday - come on it's just once and awhile. Some people have it worse
When you continue to lower your expectations they will continue to meet them
@g7 Ge-z. If you’ve talked to anyone looking for a job lately, you will find that no one is hiring. You will only find something if you willing to take a massive pay cut. It may be that people are looking for work and it isn’t because no one is willing to hire them, they are not willing to hire PERIOD. Have you seen the amount of layoff announcements by companies just in that last week?
@a5 go work somewhere else. I’m very happy to have a job and now a decent AIP. Have you been out trying to find a job? Apparently not but you stay and complain. I like my job, want to keep it and am happy with the AIP potential. You are not which is fine so go find something else. I wish you well
What a bunch of total cry babies! Nothing makes this board happy. I for one am very happy with the AIP. I know people at our competitors and it’s way less. Go work somewhere else, you are bringing us all down. Given you are so unhappy why haven’t you found another job. Hmmm probably because no one else will hire you so we are stuck with you and your lousy Atticus impacting all of us. Hopefully your manager finds you and puts you on the next RIF list
@c9 yeah leadership needs to come to their senses because our data is convoluted, messy and cr-p. AI is only as effective as the data it’s trained on. If our claims data is inaccurate, incomplete, or inconsistent, the insights AI produces will reflect those same weaknesses. Poor data quality leads to poor outcomes.
Right now AI is just amplifying our existing problems instead of solving for them.
When our data is so siloed how on earth can AI even work.
@b8 - Is 86% really “slightly less than 90”? A more accurate and honest characterization would be “slightly more than 85%”. I know, I know, corporate leaders are esteemed for being disingenuous speakers.
@f7 35% to 55%. Mostly near the 30s though.
Does anyone recall what the AIP funding % was last year?
@b8 yes it was 86%. I can confirm.
Is it just me or was there noticeably less talk about how AI is going to solve all our problems? Maybe leadership is coming to their senses on that topic once the bills started rolling in for those projects and people.
I’m so glad the topic of cost of care finally came up.
When it comes to cost of care, leadership seems to chase these larger than life goals, but the reality is that the impact falls squarely on our members. Nearly every “cost of care” initiative ultimately benefits Elevance’s bottom line (and the pockets of leaders) while creating real harm for the people we are supposed to serve.
As for the RIFs, I honestly struggle to understand the strategy. We eliminated roles held by people with deep, institutional knowledge of the health insurance industry, only to turn around and bring in a flood of consultants and full-time hires with consulting backgrounds; and not just from firms like Deloitte or McKinsey, but across the board. The people who were RIF’d or chose to leave carried years of experience that can’t be easily replaced.
Now we are overstaffing with people who lack that industry context, and it feels fundamentally unfair. Things really need to change.
On top of that, we continue to hire aggressively within the cost of care department but for what purpose? The direction and priorities simply do not add up.
CFO said "just under" 90% funding for AIP. Someone in another thread recently posted 86%, so they may have been in the know.
I missed the townhall. What did they say AIP was going to be?
why so much negativity, just be happy we are getting AIP. Be glad of work we do and move on. Dont crib.
@aa yes
Did MK say that AIP would be funded at 90% or did I mishear that statement? Would be a great improvement from last year.
@a6 I’m glad about AIP yet also sad knowing that this happened because the company riffed a lot of good people. And I question if it was really necessary because I hear of other people working even more hours and having more problems because the improvements made had a lot of technical issues. They can say they improved cr-p with AI until you hear a frontline worker talk about how much of a nightmare these implementations are while simultaneously riffing workers because of said “improvements “.
@a6 thank you for what you said. I was thinking the same thing. People on site are ridiculous. They hide behind their keyboard and make nasty comments.
@a6 i look like a fluffy rhino with a flat face! doesn't change the fact that people are struggling to vacation and others can vacation freely without a care in the world.
@a4 wow.... I wonder what you look like. Look in the mirror and think about what we could pick apart about your appearance. Can't we be happy about AIP and spare the negativity about peoples appearance.
Another joke of a Town Hall. Sitting there showing us charts about cost of care and cost of living going up while they make millions yearly. We are asked to do more with less and then get a below inflationary rate “merit” increase.
@a2 such an uneven tan - it bothered me so much. I agree with the AIP though regardless of how it was achieved, I suppose lol
The cost of care is going up because of SLT ridiculous pay and bonus. Riffed people do they can keep the cash. Keep gaslighting us to do more with less so you get more and more.
MK forgot to mention we’re doing better because we offshored and riffed tons of people. I guess we should just be happy AIP is better. Gail looks too tan. Must be nice to have tons of money to go someplace sunny.