Thread regarding CVS layoffs

@cs high 3 and low 3 are BS talking points, HR painted themselves into this corner of a ridiculous bell curve where pretty much everyone gets a 3, and the handful of 4’s and the sole 5 are awarded by the VP at their discretion and risk.

Aetna had a 9 box score. Very standard and useful from both a coaching/development and compensation perspective. And it had built in succession planning as well “I.e. ready now, ready in two years, et “. Iirc CVS itself had half grades as well “I.e. 2.5, 3.0, 3.5, 4.0” etc.

It’s hard to take any of this sh!t seriously, but I’ll gladly take my $60k+ bonus and pretend that Hiedie C is doing a great job of aligning people and performance with enterprise achievements and company values. It’s all a joke, but these are some thick a-s bonuses for corporate drones like us, so whatever. We’re all the best 3’s money can buy.

Ratings were downgraded to save money on health insurance this year. This was they don’t raise our rates by 20%.

I was rated a 4. My raise percent was less than the rating. CVS is a complete joke when it comes to compensation and growth. Their last town hall where they paraded the three smiling fools on stage to talk about how they went from zero to hero made me want to puke. Pure propaganda

There’s a budget for both merit increases and bonus payouts. So if you give one person more, someone else has to get less. But it’s lazy leadership to give everyone the same rating to avoid difficult conversations with those who may not be deserving of it.

Also, I work in corporate so it may be different at the store/field level, but to give anyone higher than a 3 your leader usually needs to be able to objectively demonstrate that you’re deserving of it. Otherwise you’ll get bumped back down during calibration.

This happens in my department. Drives me nuts. Honestly not motivated to do much more now than meets expectations on productivity

Believe this is mandated by hr, that managers have little choice or leeway. I’ve heard of workarounds, splitting 3s into ‘high 3’ and ‘low 3’ to make it a bit more fair for the better associates. Cue the peanut butter raises.