Thread regarding CVS layoffs

This company can't afford talented engineers

Which basically means that it will always lag its peers on a technology level.
If you earn 120k or so as senior IC they view as a cost that needs to be offshored asap.
Which is ridiculous when these days you make 100k out of grad school.

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| 851 views | | 8 replies (last October 4, 2024) | Reply
Post ID: @OP+1uPJDxvk

8 replies (most recent on top)

You mean the “Engineers” that call the IT Service Center because they don’t know how to reset their passwords?

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Post ID: @ngg+1uPJDxvk

I've seen talent at Aetna. They usually sticks around for 2-3 years and then run. I can't imagine what is going to happen when they see 10-15% of their pay slashed from the bonus payout, plus the effects of inflation

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Post ID: @zxn+1uPJDxvk

The company can't afford talented anything. I work in the finance group as a 109 job code at $100k base. Last week I interviewed at another company for a similar role, $130-150k base plus a slightly higher bonus % target.

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Post ID: @uye+1uPJDxvk

So many talented people short term to long term, to perm to temp have left due to the salary and year end bs. I'll be specific here because this person is no longer with the company and wont look back at Aetna ever again. Eighteen years of services in the IT and DDAT domain capped at a 110 job code at $112,000 salary with many processes dependent on him. Left for Molina and now has a new title starting salary $140,000 a year with full remote and slight travel to California where he will stay at a beach hotel during business trips. He gets to be a PO and leading their innovation programs like AI rosters, API automated systems etc.

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Post ID: @ehv+1uPJDxvk

They wanted to afford more talented strategists from McKinsey and BCG.

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Post ID: @xbc+1uPJDxvk

Aetna doesn't pay well either. Most of my colleagues that got let go in the past made 20-30k more going to other insurance companies in hartford. I'm personally sick of the 2% raise every year that doesn't actually hit the cost of living....sick of corporate greed.

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Post ID: @gpv+1uPJDxvk

Let me guess, you are one of those “talented” engineers? Your the tech hero we all need due to your amazing sitting around not doing sh-t except complaining skills? Maybe it’s because instead of getting something done you come to this website to remind us of just how amazing you are? Sounds like what most of the bottom feeders do.

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Post ID: @xqg+1uPJDxvk

CVS is trash when it comes to pay. The only tech folks that work at CVS were desperate after mass layoffs within the industry. The economy is recovering so CVS can either up their salaries to be competitive or be in a world of hurt of engineers.

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Post ID: @ydq+1uPJDxvk

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