When the adults fail, the children will be the ones to suffer. Thanks, Karen.
31 replies (most recent on top)
Of course they don’t but I was looking for a factual response. I doubt old managers will be responsible for assigning bonus % for laid off people. A lot of people have since moved groups and no longer have the same reporting structure etc. I would think laid off bonuses are managed centrally.
Laid off people will receive as little as the system will allow. You think a manager gives a sh-t about an employee no longer working for them?!
Anyone know if the folks laid off last year will get that same bonus percentage?
Welp.. KL is now sitting on the board of Thermo Fisher Scientific.
I'm trying to connect the dots as I figure out where to spend my tree fiddy bonus next month.
Wonder if it will buy a boa4d seat or a CEO positi9n.
They deceive us, all their optimization models are cutting the costs. The see is as cost. We will be cut soon. New layoff will happen soon
It ain’t only Karen. It’s the unqualified Indian managers who previously worked as contractors and are now building more incompetent gangs in CVS. Bonus is going to these guys for doing subpar work with 20 times the amount of people actually needed to get the job done! These id--ts get bonuses for continuing their fraud schemes. It’s pathetic. How do they live with themselves looking like that inside out 🤮
If you are talented, don’t stay here. CVS is not a good place for talents. They finally get ride of all of you and get contractors from outside. There is no good future for you here. Do you know how much our salary is less than other places! Everything is not about salary, the problem is there is no future in this company. Very soon Amazon will get all the market. They are Automating most of the things, there is no place for human in this business.
Do we know if this 32% thing would impact the targeted equity (RSU)?
Bet Karen's contract has her getting much more than 32%
CVS is not a good place to work. I am surprised why people still work here! Look at yourself, you work hard, but they pay you less!
My new favorite word is now 'Corprocuck'
I believe 2022 to now YoY was 150%, 120%, 80% and 32% respectively. Wild.
Well, looks like some people may actually get to buy 2 dozen eggs as opposed to none ne t month
I was pleasantly surprised. Remember Karen’s email before she was fired? It alluded to no bonus if a certain profit percentage was not obtained.
I was expecting 0% at one point in 2024 lol
Not bad.
I think the company is making a big mistake with this. Morale is already at an all-time low.
The high talent folks in their early to mid-careers will look for another job. The people in the later stages of their career will stay, but they already quiet-quit a long time ago.
Remember past town halls where they said they wanted to make this a company where the best-of-the-best would be begging to work? Where we'd be able to choose only the top employees from the highest talent pool? I wonder what happened to that goal?
This is not how you attract and retain top talent. You know they have the money to pay out a bigger bonus, if they wanted to.
@ad+1jmfbtwny I'm currently WFH and those jobs are all WFH, very competitive. If I wanted to degrade myself with hybrid work I could easily get a new higher paying job. Any more smarmy co-----cker questions?
It's amusing to see some corprocuck slowly down vote each post here.
@a9+1jmfbtwny - why didn’t you take the jobs at the companies offering 120k - 130k? Did they not offer it to you? Maybe it’s you.
So disgusted with this company.
And that's if your manager determines you're worthy of that.
I know certain ones have their favorites and the reviews are adjusted accordingly.
Being thankful to have a job where you are overworked, underpaid and left to the devices of the ultra rich while leaving you no place to argue in support of something more is exactly how they want you to feel.. oh, and DEI also..lol
It's amusing to hear David refer to it as variable compensation or whatever when base salaries at CVS are typically well below average relative to base salaries at competing companies. I'm at $100k base as a manager and I've interviewed for $120-130k base at other companies.
Soon this company will be nothing but Indian contractors, "AI" bots, and people who accept low compensation because they're rightfully just phoning it in every day.
so this year's bonus will be under the half of the last year's one...
Last year's bonus was funded at 83%.
how much was last year bonus?
Work effort will be 32.4% moving forward.
I didn't say the adults suffered... ugh
At this point I’m just thankful that I have a job. I know the bonus amount is not ideal or as we expected but people are losing jobs left and right….
The adults in this case didn't suffer and instead made out like the bandits they are.