Thread regarding Elevance Health (Anthem) layoffs

Merit

So we have some AIP info, but has there been any discussion as far as merit increases in March?


by
| 4373 views | | 27 replies (last February 12) | Reply
Post ID: @OP+1kgqtr9yf

27 replies (most recent on top)

@18d i wouldn't come over here - I know people who have left for less money, and are far happier. Better health, less stress. Don't underestimate the relief of getting away from toxicity and micromanagement.

by
| | Reply
Post ID: @19g+1kgqtr9yf

@18c literally the same cr-p over here. It wasn’t meant to turn into an argument so my apologies, I actually checked this out to see if I could pivot over there. Sounds like we are all sc--wed unfortunately

by
| | Reply
Post ID: @18d+1kgqtr9yf

@189 What dept do you work at UH? Have you had 5 managers in 3 years and been shifted to new teams so much in the past few years that planning is near impossible? Have your teams been intentionally split apart and folks moved to another tea. so much that instead of doing the work of 2 people, you are now doing the work of 3 people? Have you been micromanaged to death? Is it disorganized and unstructured intentionally so that they can pile on more work while disregarding your workload, nights, weekends etc? Is the minimal Elevance compensation worth it when these very foundational structural issues exist, or is UH the same?

by
| | Reply
Post ID: @18c+1kgqtr9yf

You win. UHC su-ks harder than Elevance. Didn’t know it was a competition. Of course UHC is only slightly more corrupt than Elevance. Yet Elevance wants to be UHC so bad.

by
| | Reply
Post ID: @189+1kgqtr9yf

@16b interesting post on this board from a UH employee. Doesn't matter - here is what I thought when I read the post

Hey -my partner beats me every week, sounds like you only get beat twice a month - be glad.

People need to stop being willing to be beat

And when you do the math - whatever you make a year - how much not paid overtime do you do ( salary position so not eligible for OT) - work it out- you work 60 hrs a week so are you really making x per year...nope the math is not mathing

by
| | Reply
Post ID: @187+1kgqtr9yf

I can confirm merit funding at UNH is 1%. I have 10 people under me and the highest merit will be 1.5%, most getting 0.9%. But equals 1% all average all together. Bonus funded at 72%.

by
| | Reply
Post ID: @16b+1kgqtr9yf

@107 source is I work there. No one in my entire dept or partnering teams even hit 2%. You can check their layoff board. The ones over 2% work in India

by
| | Reply
Post ID: @14d+1kgqtr9yf

@100 What UH gives is true for some and not for all - I know several people who got higher that what was stated. We really only know what we think we know from the one or 2 people we know at work elsewhere and what they tell you.

no different here - you think you know what your friends got - you probably don't know the real truth. Few share that

by
| | Reply
Post ID: @107+1kgqtr9yf

@hm trust me it can be worse. UHG is 1% raises and 60% bonuses at best

by
| | Reply
Post ID: @100+1kgqtr9yf

@z1 UHG gives 1% for what it’s worth

by
| | Reply
Post ID: @zw+1kgqtr9yf

@zm I don’t think so. That seems discriminatory. AIP is based on prior year performance so if you were hired After oct 1st of the prior year you won’t get an AIP payout because you didn’t contribute to the performance results. But if you stay you should be eligible for AIP for 2026 AIP that will be paid in March 2027. But it also should be in your offer letter about AIP eligibility so I would go back and read that.

by
| | Reply
Post ID: @zs+1kgqtr9yf

I am a new hire. I heard new hires in elevance doesnot get AIP anymore? Is that true?

by
| | Reply
Post ID: @zm+1kgqtr9yf

@z1 You know who will get 4% the one or two people that kissed up, never said no, made her look good and she knows it will be the investment that will pay off for her all next year. That's all you are is an investment in her "success" - She has your number, now take another sip of her koolaid and smile. She owns you.

by
| | Reply
Post ID: @zb+1kgqtr9yf

How does 2% keep up with the cost of living increases? I can't apply for other jobs due to not being hybrid worker. Only the managers favorites will get anything above 2%. Same with the AIP increase.

by
| | Reply
Post ID: @z1+1kgqtr9yf

@tm yes, it's the same every year. We usually find out about financials in early March. They make us sweat it out here.

by
| | Reply
Post ID: @vj+1kgqtr9yf

What is the timeline for the actual individual AIP $ and actual merit increase % being shared? I had my performance appraisal but have not seen the numbers yet. Was surprised to see those two activities separated. Is it that way every year?

by
| | Reply
Post ID: @tm+1kgqtr9yf

@pk They usually give your merit increase at the time they tell you your AIP award. Usually right before AIP payout. Think March 3 days before payout seems to be typical.

by
| | Reply
Post ID: @tk+1kgqtr9yf

When do we know our actual number for merit and AIP?

by
| | Reply
Post ID: @pk+1kgqtr9yf

@d9 LOL!!! The "merit" at Anthem/Elevance is 2% for the lowly peasants who bust their a**es on a daily basis. NONE of us will be getting 3, 4, or 5%. Those numbers are reserved for the C Suite. Regardless of what you received on your review, the most you'll get is 2.5%. I'm sorry to be the bearer of bad news, but those are the facts. This really used to be a "great place to work." Sadly, those days are long gone.

by
| | Reply
Post ID: @pj+1kgqtr9yf

@hz - Hi Gail, how was the trip to DC?

by
| | Reply
Post ID: @pa+1kgqtr9yf

@hz I agree with the poster who said 85% is trash - many of us have lived in the 100+% years and know better. It's sad historical knowledge cannot be respected instead that person is called unhappy and a troll. Guess all of us who know facts are in that category. Maybe the troll is the one who wants us to be happy with what we get and shut up and smile.

by
| | Reply
Post ID: @p2+1kgqtr9yf

@hm I for one am happy for 85% look around at competitors and other companies. Massive layoffs and no bonuses at all for some. You are welcome to your opinion but you seem like you just want to be unhappy and troll. Perhaps a different company would value you more for your skills and positive outlook.

by
| | Reply
Post ID: @hz+1kgqtr9yf

AIP at 85% is not good at all - not when the company is making billions -
Anticipate a merit of no more than 2% - again trash for a company making billions

C Suite is making a ton - a good AIP is over 100% -

by
| | Reply
Post ID: @hm+1kgqtr9yf

@d9 Also depends on current placement in the salary band. For instance, a meets at 85% will commonly get a lower merit % than a meets at 50%. The latter might get 2.5 while the former might get 1.5.

by
| | Reply
Post ID: @fc+1kgqtr9yf

Merit will range from 2%-5% depending on your rating as well as manager discretion/allowance. Managers only have one pool of dollars to utilize when giving out merit raises. A 2% raise for one person on the team could be more dollars than a 4% raise for another member because of their salary.

by
| | Reply
Post ID: @d9+1kgqtr9yf

Merits always su-k. I don’t count on much from merit ever.

by
| | Reply
Post ID: @cq+1kgqtr9yf

Yes, merit is in process. Comp increases will be given in March. So grateful AIP is good and I’ll get a merit. Hearing friends at other Indy companies aren’t even getting merit. Glad I have a job. Lots to be grateful for.

by
| | Reply
Post ID: @af+1kgqtr9yf

Post a reply

: