For full-year 2024, Elevance reported $175.2 billion in revenue, an increase of 2.9% over its $170.2 billion haul in 2023. Profits for the full year were also on par with 2023, according to the report, with the company earning $5.98 billion in profit... — read more
Townhall
Today’s theme…..what did mommy and daddy do for a living? Gimme a break, no one gives a s h i t what your parents did for a living. You just shared in passing that AIP/Merit will be very low. BuT mUh mOmMy aNd daDdy aRe A dOctOR. that’s why I... — read more
Strategy overview
What did KW share that is earth shattering or revolutionary? Seems like more of the same - high level concepts with no meat or substance underneath. Ideas have run dry.
AIP low?
It's disappointing that after working so hard for an entire year, our bonus is going to be significantly low, yet they want to be transparent about it. I can't help but wonder if the higher-ups are also taking a pay cut. Why don't they forfeit their... — read more
Which departments?
Anyone here any any idea (on high posts/positions) on which departments might get impacted on upcoming layoffs?
Growth Officer
Another one hired outside of our company that will not know how to find their butt with their own 2 hands and everyone asks why this company is going down the drain. People off the street that have no clue about our company are being hired that’s... — read more
AIP Bonuses and Merit Increases
I heard through the grapevine our merit and bonuses are embarrassingly inadequate this year. Anyone out there have intel they can share?
I'm confused
Are we having layoffs in the next few days/weeks or not?
Where did the Medicaid CEO go?
Mentioning no names, but does anyone know what happened to the CEO of Medicaid? His name now seems scrubbed from the internal website. No announcement either.
Every new meeting invite nearly gives me a heart attack
After so many layoffs, I’m so traumatized that any new meeting on my calendar, whether it’s just me or the whole company, triggers an instant wave of panic. This company has done a number on my mental health, leaving me constantly on edge. It’s... — read more
Rat canceled his all hands
I think he is going to share some major news and he is not ready for that.
Rebadging News
Was hearing lots of whispers at offshore locations about Rebadging portion of CSBD to a vendor partner. It was very hush hush but offshore were all aware. Not hearing anything back for the last 2 weeks. Anybody has got any update?
10 minute meeting invite with HR and InterBase Communications on the call
Anyone know what this is about?
Don't ignore the warning signs
It’s tempting to hope more layoffs won’t happen, but let’s be real – ignoring the signs won’t change the outcome. What makes you so sure they’re not coming? While it’d be great if jobs were safe, wishful thinking doesn’t help anyone prepare. Denial... — read more
Bonus/AIP forecast for Associates
Any insights what our AIP / Merit raise for associates going to be like ? Leaders are supposed to know by end of next week ?
IT is the worst
Is just me, or is our IT department a joke. It seems like they cannot make anything work.
H1Bs PLS DO NOT DELETE
Listen to Bernie - whatever may be you political views. He is saying the truth. ELV too is hiring trivial roles like manual testers, entry level coders as H1Bs. Most interns are too from one country. Now they are replacing American managers with H1Bs... — read more
Learn to accept realties of life
To all those who feel burnt out, overloaded, underpaid, feel that management is bad, culture is horrible etc., do some research. You are correct. But just look at UHC, Athena, Humana etc. boards. You will see the same phrases. Check out other tech... — read more
Dying industry
Is managed care a dying industry? I'm not sure if it's a good idea to continue a career in this industry. It just seems so... — read more
SLT has signed NDAs and something major happening in IT
Guessing mass rebadging in IT to vendors. Have you heard anything? #protect_american_jobs
Cavernous Leadership Vacuum
What on earth is going on? It feels like the robots have taken over at our company and no humans are steering the ship. A very, very top inner circle executive passes and there is no public statement of condolence or sadness. The chief health officer... — read more
Applying internally
I was recently Rif'd and every internal application I submit is getting the thanks but no thanks even for positions I'm a perfect match for or over qualified for. Any clue why this could be??? I dont want to come back here but the job market is rough... — read more
Thread Disappeared
Any idea what triggered disappearance of CAO news thread? It is true it wasn't precisely layoff related but not sure what would trigger it's removal. Thoughts?
Feb RIFs
Does anyone have information about the date of February RIFs, what depts, etc?
How are you doing with a job search?
I’ve been on the lookout for a while. I don’t want to leave immediately, but I wanted to see what’s out there. You never know when you might be laid off or pushed out, so it’s better to be prepared. Knowing there are other options available feels... — read more
Rebatching news!!!
Heard that there is going to be a huge rebatching (existing Employees ) into some vendor !!! both onshore and offshore. Any one heard specific news ?
Anything happening in Carelon Insights
Things feel too quiet… 1x1s and team meetings cancelled
SLT should move to india and the philippines!
SLT is detached from its workforce. I think they need to move closer to them. Elon sleeps in his factory. Gail should sleep in her call center in the Philippines.
This is what is going on in this company too..
Replacing Americans with cheap labor https://youtu.be/XXddAaL7d_w
Extra PTO day in 2025 for “all” full-time associates
The extra PTO day will only be given to associates accruing below a certain amount each year. “Legacy” associates, or those grandfathered at higher accrual will not receive the extra PTO day as communicated during open enrollment. Another sign... — read more
Bonus/Merit
I understand that the Medicare lines of business were not as profitable for 2024 with the book of business BUT it doesn’t not mean the company as a whole did not do exceptionally well despite the economic climate. To say little to no AIP and even... — read more
And, so it begins!
https://thehill.com/policy/healthcare/5074769-unitedhealth-denied-care-uhg-brian-thompson/
Would you quit on a whim?
I’m fed up. It’s been bubbling for months now, and I got to the point that I hate coming to work. I can’t justify the terrible decision-making, bad management, profit-driven mentality, overtime, poor treatment of clients, office politics, tensions... — read more
Nothing like working for a leader
https://violationtracker.goodjobsfirst.org/parent/elevance-health
This place has hit rock bottom
The pay is awful, the managers are clueless, and the working conditions are flat-out miserable. Any chance of advancing has been wiped out. It used to have a few bright spots, but now it’s just a sinking ship full of frustrated employees. Things need... — read more
Questions to ask during a RIF meeting
What should you ask in your meeting, if your number is up? TIA
AIP
If you are an employee who receives AIP, is it a guaranteed payout or is there a chance no one will receive AIP due to the company losing money in 2024?