Thread regarding MetLife Inc. layoffs

Was anyone happy with their annual increase or AVIP?

It seems to me they announced they have lots of cash on hand but the message I received started with “due to Covid....” then received the news about a small raise and the lowest AVIP in 11 years for me....2020 was a year of working longer hours and more days per week “due to Covid...” - maybe its time...

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Post ID: @OP+19Qzaonr

10 replies (most recent on top)

If you can’t see it for what it is then you are blind. Equity. It’s the same thing that the current administration is doing to the country. Holding back the masses of individuals (lockdowns) stunting their growth and advancement (keeping businesses, schools closed, but opening borders) and giving advantages to smaller groups of individuals. I assume Met wants to choose who gets promotions and opportunities for advancement as well as who receives the more lucrative raises. How can you be so shocked as it’s not been a secret that this is all part of the global narrative we have been hearing for years. Your 1.5% raise and the higher taxes you will soon pay surely in combination will devalue your earnings and your net worth. After all, you now need to help create equity through wealth redistribution.

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Post ID: @3ioj+19Qzaonr

@McKinsey, thanks for the insight. What’s SLT’s purpose (no pun intended)!! Clueless over paid figure heads, I guess. Sweet Jesus Ramy thinks he’s some intellectual professor type, I’ve never seen a company waste some much time on trying to “create a culture”! For those in SLT positions today and who have been with the company for greater than 10 years, they should be fired. They’re the ones responsible for the mess! How long do you think Michele’s contract is to get the company turned around? 5 years? And SLT gets the budget $ to hire and pay McKinsey to think for, PRICELESS idiocy! And “so it goes” here’s your sh*t AVIP, but to quote Journey: “don’t stop believing...” there’s always MyPlan, Center Stage, Cudos and well next year chumps!

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Post ID: @1rmc+19Qzaonr

The MetLife Way and The Next Horizon are a result of the consultant McKinsey & Company. MetLife has been using McKinsey for years along with every other financial services company. Remember "Operation Excellence" and "Unit Cost Per Claim"? All McKinsey gimmicks. I have always asked myself why senior management makes all this money when they haven't had a independent. thought/idea of their own. All they do is higher consultants and follow their advice even if it is a train wreck. But don't worry, in five years they will sell them consulting services that advise them to do things the way they were doing 5-7 years ago. By the way, McKinsey is the same company that advised manufacturers to make the PPE's overseas. Gee, what could go wrong with that?

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Post ID: @1gtr+19Qzaonr

The Next Horizon is in India. Or China. Or Maylasia. Not in the US. Not in the UK and not in Western Europe. Maybe some future in LatAm. Not sure.

MetLife will "Win the Future" if they can extract the know-how that you have to do your job and move it to a lower cost place before you quit and take it elsewhere. Better yet, "standardize" the job so it can be moved anywhere at a moments notice.

Agree on MyPlan - it benefits MetLife mostly. Kinda irritating that they sell it as a benefit for the employees. It's really kind of delusional anyway. Say you have a great employee with a rare skill. The current manager knows this. Think that manager is willing to rent out or totally lose super employee? Nope.

I wondered how the execs have time to plan these Winning the Future things while their so busy giving speeches on diversity, equity, inclusion and are out planting 5 million trees. But then someone pointed (below) out that they hire consultants for these things. Makes sense.

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Post ID: @1yoy+19Qzaonr

Agree. Work constantly all day even on weekends, to save the company and focus on customers, but employees get a big f you. Right back at you MetLife. -|-

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Post ID: @1mos+19Qzaonr

I’m sick and tired of cleaning up MetLife’s 50+ years of Sh–! For peanuts. Someone got paid very handsomely for years and years...and the Sh– piled up, smiling and taking their fabulous compensation package all along! Now we are suppose to smile and clean up their Sh– for 1.5% and a joke of AVIP. Get real MetLife. You want people to stick around pay them. Give them tangible professional development with tangible outcomes. MyPlan is MetLifes plan. Just more smoke and mirrors.

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Post ID: @1aex+19Qzaonr

Amen. MyPlan is just a way for the company to leverage talent for their own means, not for YOUR professional advancement. Please can’t even move up a grade level within a department- where is the advancement?! If you want to make more money and have interesting more rewarding work you need to leave MetLife. Career development talks with your manager should be the other way around-what does MetLife have to offer me, not where do you as an employee want to develop? Metlife has been engaging in manipulating the narrative to make employees believe there is opportunities and financial advancement! Please! I’d like to know how much the company has paid and to whom for the Next Horizon and Winning the Future c-ap? They’ve had to hire a consulting company and clearly a PR company. Changing the narrative is backfiring. No one is buying into it. Sure we’ll smile and sign up for the required cult meetings, but ideas and knowledge are not going to be shared. Suddenly, I’ve been come a mo–n. I’m paid to perform my job, not to give free ideas for a for profit company that does not compensate me for those ideas.

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Post ID: @1vas+19Qzaonr

@Not Winning
Well said
New reply when told to work late or over the weekend— “it can wait until tomorrow “ or “it can wait until Monday “
Days that start with “S” are for family

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Post ID: @1bct+19Qzaonr

It's insulting that they spoke praises of a stellar year despite the pandemic; however can only dole out 1.5% raises and not even have the decency to give us 100% of our hard earned bonus. We are supposed to now be super motivated and give them free ideas and labor to Win the Future. Talk about tone deaf. I've worked at other blue chip companies, even after 9/11 and the 2008 financial crisis and have never ever received such deplorable compensation news; so it is certainly not due to my work performance. I am done giving my all and believe many are as well. They grossly miscalculated how they would manipulate the pandemic to benefit them and it will start to backfire.

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Post ID: @1pcn+19Qzaonr

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