Thread regarding Optum layoffs

Give yourself a raise

1) Stop any charitable donations thru’ payroll deduction

2) ESPP - you’re funding a hole in your portfolio

….add other ideas


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| 1871 views | | 10 replies (last February 24) | Reply
Post ID: @OP+1kj5tektv

10 replies (most recent on top)

The trick with the ESPP is to buy the max (10%) and sell right away (they make us wait about 5 days for it to process).

It's still a terrible plan, I looked into it and a few years ago the ESPP had a 15% discount and a look back period so you got a cheaper price of what it is now or six months in the past. Some asked via an official channel and they said it was updated (made worse for employees) to be competitive with similar plans at other companies. Funny how that doesn't apply to anything else like even having raises keep up with inflation.

This place just keeps sc--wing its own employees, I have yet to see anything official on Viva or the town hall about the cut in 401k matching.

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Post ID: @f1+1kj5tektv

@a9 it'd be even better to take those funds and put them in an index fund so you're diversified and not hit by the ups and downs of the company stock

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Post ID: @dk+1kj5tektv

@bn CEO, CFO and most senior folks are sending resumes everywhere. They have no clue or game-plan to save this Titanic. When you are hated by left and right, it’s a structural issue, beyond repair.

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Post ID: @bp+1kj5tektv

Its not worth it, they dont care about the people or the patients. I started looking and applied to 16 jobs. And open to ALL opportunities- dont be picky and you will get something. Be open to temp, full time, part time, hybrid, onsite, nights and weekends.Anything is better than this toxic environment! Something good is going to happen.

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Post ID: @bn+1kj5tektv

Block off an hour each day for yourself

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Post ID: @az+1kj5tektv

STOP DRIVING IN. Driving in had zero weight on your review. People who had to drive in got 3s and people who worked remotely got 3s. A total waste of your time and money.

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Post ID: @ah+1kj5tektv

If you continued buying into the ESPP after they changed rules no amount of help on a layoff forum will help you. If you really love the stock just buy it yourself ever two week and you would have done a lot better. Since the rule change.

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Post ID: @a9+1kj5tektv

Use every single dollar of PTO, sick time, CEU time and reimbursement every year and/or before you let go if you think it’s coming.

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Post ID: @a3+1kj5tektv

You're worth more than you think! Start looking outside for new opportunities. Optum salaries are stagnant and asking for raise is out of the question, especially now. I'm currently researching similar roles compensating 30%-44% more than my previous Optum salary.

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Post ID: @a2+1kj5tektv

Work less and stop caring. Goes a long way. Take breaks.

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Post ID: @a1+1kj5tektv

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