Thread regarding Molina Healthcare Inc. layoffs

Retention Bonus Payout started for IT

10 more weeks or sooner, majority of IT jobs will be outsourced to vendors

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| 1852 views | | 11 replies (last January 16, 2019) | Reply
Post ID: @OP+WCKwbZi

11 replies (most recent on top)

I received the first of 5 payments of my 30% portion of my retention pay on 12/14/18. Per the IT All Hands meeting we had last month about 50% of the IT department will be outsourced. We are supposed to get further details next month/February. Its all about the almighty $ since the Molina family left the company :-(

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Post ID: @xapw+WCKwbZi

i got the retention letter but i haven't gotten the bonus yet.

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Post ID: @7zrj+WCKwbZi

I negotiated 36%

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Post ID: @1gkz+WCKwbZi

It is not the same across the board.

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Post ID: @1viw+WCKwbZi

20% is what mine is. Minus stock and 401k and taxed at the higher bonus rate.

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Post ID: @1hgo+WCKwbZi

For those that got theirs, what percentage did you get? I’m wondering if it’s the same across the board??

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Post ID: @1hfb+WCKwbZi

Yes

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Post ID: @1lbr+WCKwbZi

Did everyone that received the retention bonus get their first initial pay out this paycheck period?

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Post ID: @ckh+WCKwbZi

It was not part of their blood,

It came to them very late,

With long arrears to make good,

When the Saxon began to hate.

They were not easily moved,

They were icy -- willing to wait

Till every count should be proved,

Ere the Saxon began to hate.

Their voices were even and low.

Their eyes were level and straight.

There was neither sign nor show

When the Saxon began to hate.

It was not preached to the crowd.

It was not taught by the state.

No man spoke it aloud

When the Saxon began to hate.

It was not suddently bred.

It will not swiftly abate.

Through the chilled years ahead,

When Time shall count from the date

That the Saxon began to hate.

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Post ID: @txg+WCKwbZi

Just checked ADP. Confirmed.

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Post ID: @mck+WCKwbZi

Yea, they could have started paying out the retention bonus for only the QA folks since that was the only outsourcing company announced. They could have left us hanging until February.

Instead they started the retention bonus payouts for all of those in IT that got the retention letter.

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Post ID: @oan+WCKwbZi

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