Thread regarding CVS layoffs

Bonuses gone?

Has anyone heard that they will be announcing in the 3rd quarter that bonuses for store level employees are being eliminated? I have heard this from 2 seperate people.

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| 1831 views | | 10 replies (last June 1, 2019) | Reply
Post ID: @OP+ZkgME1l

10 replies (most recent on top)

The lump sum is still there, managers had access to compensations starting today.

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Post ID: @1ylp+ZkgME1l

Technically Judge Leon is still making a final decision on that. The board might wanna ask Larry for some money back, if the judge orders the companies to come up with a new deal. With appeals and whatnot that’ll set the merger back for years!

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Post ID: @1lua+ZkgME1l

Larry received 47 million bonus for accomplishing the Aetna deal ! You guys do not understand how worthless you r to this company and how brain washed you really have become .

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Post ID: @qcm+ZkgME1l

If Walgreens cut bonuses then yeah pretty good chance cvs will follow. Anything to save a buck. And how about the bonus/lump sum given to hourly full-timers who are redlined? Might they cut that out too?

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Post ID: @fqg+ZkgME1l

Didn’t realize that being salary required you to have a bonus. Not saying it will happen, but do you really think CVS wouldn’t cut bonuses and leave managers salary. Look at Walgreens, they did it

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Post ID: @ict+ZkgME1l

BS

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Post ID: @kxb+ZkgME1l

Unfortunately that would mean mgrs would be going straight hourly w/ot.

Not going to happen, would cost them much in OT.

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Post ID: @ncp+ZkgME1l

The company has the right to change or eliminate the bonus plan at anytime. No guarantee! This is nothing new.

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Post ID: @utv+ZkgME1l

No truth, if you look under store resources the bonus plan was already given to us for this year which pays out next March. Just impossible to get bonus according to budgets and targets. Get it together and stop spreading nonsense.

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Post ID: @fhv+ZkgME1l

True.

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Post ID: @pst+ZkgME1l

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