I mean let’s be honest. The raises they are giving don’t even make up for the raise in living costs. People will just start leaving. I don’t believe a couple of percent more is that much of a financial problem to the company, and if they keep this up every employee will jump at the first chance to leave to another company.
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@fpmz+1fYpm0s1 Is this in corporate?
Some leaders are going through rate equity adjustments right now. They are evaluating where you are against your peers. If you get something, know that you were being paid less than your peers.
@acwd+1fYpm0s1 Haha so obvious who our #centenesweetie is!
Now that MN is dead, they’ll use the money for an elaborate homage to him and the employees will get told that due to inflation they can’t afford raises or bonuses.
Even from the grave this old fu-k will still sc--w us.
@aoxd+1fYpm0s1 Sweetie: If by "pay for performance just as a friendly reminder" you mean a little nudge nudge wink wink with your manager/supervisor, we totally agree with you! That can encompass personal favors, cash, doing the boss's job, personal favors, etc. #TeamCenteneSweetie
@aoxd+1fYpm0s1: they say it is pay by performance but it is up to the discretion of the manager/director. There are toxic departments within Centene unfortunately where favoritism is blatant, and those who did go to HR about it or put it in the surveys (which are not anonymous) were let go in the 2020 layoff.
It's pay for performance just as a friendly reminder.
The old man's base salary is $1.4mm; 2% of that is $28k ($13.46/hr increase) so he must think 2% is fair for everyone else. Completely out of touch with his employees - someone making $50k, 2% = $1k ($.48/hour increase).
He also gets up to $25mm with stocks and options - something the average employee does not get.
The increase is low in my opinion. Been with the company for many years and the amount was lower than previous years. Nothing about job performance either.
I have to assume the person who started this thread has worked for Centene for about 15 minutes. Their standard raises are about 2-2.25%, which is similar to other insurance companies. As another commenter indicated, this isn't a COLA increase.
I'm not sure where everyone got the idea that merit increases are COLA increases. They aren't. Not many companies do those these days. So jump, if you want... you may get an increase on the jump. Then next year you can complain about the new company not doing COLA.