$60M equity Award off the bat for him. Do you think he's earned that? How was your merit and equity last year?
https://archive.ph/OYkvN
10 replies (most recent on top)
- 47 cent raise this year. What a joke.
I got a whole .32 cents this year. And they wondered why I was taking the buyout… 😂
Reminder that this is the same organization that established and administered a dedicated Diverse Scholars trust fund to help support Mr. Floyd’s children’s education through undergraduate college or equivalent achievement. I wonder how that donation has panned out..... UHC/UHG is the king of virtue signaling and stating platitudes. Should have stayed in their lane.
Of course he wants payment upfront because he KNOWS he was a one trick pony and cannot replicate that success. UHG is toast. Sure, they will try to break it up, rename etc. the usual "McKinsey playbook" cr-p but the glory days of UHG are behind it. Find another (hopefully more ethical) company to work.
And when it comes time for our annual reviews we struggle to even come close to getting a quarter raise smh even though it’s still taking me time to adjust to the fact that I am retired after 19 years with this company I think I made the right decision in accepting the VSRP offer from the company. I am concerned about my coworkers that are still working for the company
UnitedHealth Group revealed additional details about the compensation package for CEO Stephen Hemsley in a filing with the Securities and Exchange Commission.
In the document, the company said Hemsley will earn a $1 million annual base salary, and will not receive an annual cash incentive. He will also secure a one-time $60 million equity award in the form of nonqualified stock options, with cliff vesting in three years.
Hemsley will not receive any additional equity awards in his first three years as CEO, per the filing.
Disgusting. 🤮
Posted by “Dave Wichmann” lol
The right thing for the company would be for him to accept a 0.00 salary
Thats complete cr-p! He doesnt deserve that and has not earned it at all.