Thread regarding CareFirst BlueCross BlueShield layoffs

Still one of the better places to work

I'm not sure what people are complaining about so much. This is still one of the better places to work when it comes to pay and benefits. Yes, there's an occasional threat of layoffs (which is why I'm here) but that's true for every single company. I'm thankful to have a good job when so many are in a much worse situation.

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Post ID: @OP+1dZVBR9O

11 replies (most recent on top)

So on yesterday's CEO & ELT call we heard CF had it's best ever year in 2020 ($400 M profit), and it's worst ever (probably) in 2021 ($115 M loss). That's $285 M to the black over 2 years. We also heard "Thank you for all you do, Associates!" I would like to point out that during these two years, said associates: a) launched two new product lines with associated provider networks b) started a 100% telemedicine service c) "partnered" with multiple new vendors and other companies and d) achieved a bunch of other stuff that never appeared in the 5-3-1 but was thrown at us wi--y-nilly while working from home and seeing 3% of the workforce fired due to the vaccine mandate. And we are supposed to lie down and take a measly 2% increase because CF is at ~89% of "goal," whatever that secret number is. Still think it's a great place to work? 900 new hires and 500 vacancies?? BE GONE TROLL

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Post ID: @nzqd+1dZVBR9O

Yeah, I guess it depends on how you define "better places". Is it better than digging ditches or working retail? Sure! My lens is so different because I've worked with IT departments across quite a few large, name-recognizable orgs and watching the erosion of employee compensation during the time I've been here has been demoralizing. The recruiter dangled that bonus in front of my face in order to get me sign, despite my pushback that bonuses are not guarantees. But that was the only way they could get me to what I considered a market-competitive salary. And here I am a few years later, and if you accomplish your goals, you are going to get at most, 90% of your bonus payout.

So, that, my friends, is a paycut in my world. I need that money to pay my mortgage, pay my kids' college tuition, etc. I am not volunteering at CF, I am giving the company my time in exchange for $$$.

For those of us who are people leaders (ugh, hate that term...it's just a way for HR (which at CF is a joke) to not have to do their jobs) we hear about this erosion even more than the others, and we're expected to also convince you all, on our teams, that this is all okay. Forgetting the fact that we are associates as well, so we're experiencing it too. The most demoralizing I've experienced as a "people leader" was hearing how CF will only come in right at 50%/right in the middle of a salary range when negotiating compensation. No budge. When asked about recruiting top talent, the HR person on the call communicated to us that we don't need top talent. Yep, she said it. Mediocrity is a-okay.

Look, maybe the intent is to cull dead weight but what instead happens is either top performers, who don't want to be mediocre, leave or folks who aren't ready to leave start to coast. For the others who are truly mediocre, well, they were already coasting anyway.

Yep, CareFirst = Care Less

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Post ID: @cylo+1dZVBR9O

CareFirst really is one of the better places to work. It's great because you can be a mediocre employee and continually fly under the radar. The key is to never put yourself out there, strive to be "on target" but never go above and beyond because you risk putting yourself "above target"... that's when they notice. Sure BPD is a tool bag but it's easy enough to simply ignore his BS zoom meeting banter and phony Holliday emails. When you're ok with mediocrity you simply stop paying attention.
It's that easy folks! We can do this together. Let's all do our part as individuals and start caring less. Less is more at CareFirst

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Post ID: @bboo+1dZVBR9O

You must work in HR or PR. They are constantly trolling boards to combat the negative comments getting added about CF. Please go away. We all know how it really is.

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Post ID: @8bmw+1dZVBR9O

You must have been smoking some really good stuff or you’re mentally disable.

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Post ID: @7dtq+1dZVBR9O

That post must be from Brian Pieninck's burner account.

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Post ID: @7nju+1dZVBR9O

You must not be in IT. All the people that have left are in a better place now plus Better pay. I was there for 10+ plus years made the jump and making 30k more then what I was.

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Post ID: @4hlg+1dZVBR9O

Of course you don’t get it. You’re one of the underperforming folks that helped drive CF into the ground years ago.

People can gripe about DK and BP, but they were just cleaning up a mess (poorly) that already existed. Their predecessors did such a terrible job at overseeing the company that it created the perfect environment to let slackers thrive, based on nothing more than saying how busy they are.

People like you, who don’t have the ability to go anywhere else, love CF. Pay and benefits are pretty good. Keep riding it out until CF gets acquired by another BCBS entity that comes in and finally cleans house.

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Post ID: @3qhg+1dZVBR9O

I'm thankful to have a job as well. It's just frustrating to see the leadership suuuuuck so much and make these bewildering decisions.

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Post ID: @1smy+1dZVBR9O

Is this a joke?

I know 2 people I've known have left the company and now pay $0 for Health Insurance since their work covers everything... one of them even has CareFirst as a provider.

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Post ID: @1dpa+1dZVBR9O

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