And all the to top executive defenders
You don’t matter …
Witty's compensation included a $1.5 million salary, $15 million in stock awards, $5 million in option awards, $1.8 million in non-equity incentive plan compensation, and $233,852 in other compensation
Witty's pay ratio to the median UnitedHealth employee was 352:1
Really wonder what the “ other” compensation is
The 'other' is probably the pot of money resulting from those of us being laid off ahead of the RRP payout. Needed to be employed on 2/28 to get bonus from work done in 2024. Good job UHG...laying off a whole bunch of people on 2/6 so that you don't have to pay bonus.
Quite a reward for being bamboozled out of 22 million in ransom and allowing cheap Filipinos as server admins. Not to mention the 1000% increases in medication.
The "other" compensation is in part the company paying for his tax preparation. Between getting paid so much and living abroad, his taxes are complicated. So company feels bad for him and we pay for his tax preparation. I know you think I'm joking but go look it up! Meanwhile, our raises aren't enough to by a carton of eggs.
He is an overpaid twit, how many years has he had with only failed initiatives that cost billions. How are they measuring his job performance, stock price? This company is too big to fail so he had nothing to do with shareholder equity and now his DEI initiatives are about to be written off as pure overhead for no current reason!
That’s what in the contract! good for him.
A "non-equity incentive plan" is a compensation structure that rewards employees based on performance metrics without giving them ownership shares in the company, meaning they receive incentives like cash bonuses or other forms of direct payment instead of stock options or restricted stock units, which are considered "equity" incentives