So they gave everyone this 5% percent raise starting end of October while simultaneously contributing less to our health insurance cost and raising the cost for the employee. Do they think people are really that dense? They will have to pay extra regarding the raises for a whole 2 months than starting 1/1 will be recouping and than some from our “raises”.
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The raise situation is even worse than described. I was given a 5% raise, but they eliminated my 6% end of year bonus beginning in 2023 haha. But now I’m reading there is no bonus for 2022 ? All you can do is laugh and move to a new company.
@3yhh+1jrhA0Rh Would love to see anything that supports your comments.
What? They're selling the company in 2023????
Leaders were just told not expect raises above 3% or a bonus. IF bonuses are paid out, they will go to Sr. Managers and below first, with any remaining budget paid out to Directors and above around 20% funded. BUT we were told not to expect any bonuses to be funded at all!!!! Speculation is that they are expecting a mass Leader resignation in March when they do not get paid a fair raise or bonus. This will save Centene in having to pay severance packages by laying them off when they sell the company in 2023.
Premiums at Centene are still several hundred dollars less per month than what I paid at my last two companies for similar coverage, so it is a bargain compared to some other places.
The raise was not given to everyone. Only certain pay grades.
Working in this industry with full knowledge that healthcare cost increases have long exceeded YOY CPI increases what were you expecting?