Has anyone heard what the metric % is this year and bonus pool? I sure hope it’s decent. An Inflation match would be nice but I’m not counting on that.
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Post from TheLayoff.com
What is eip
Merit pool is 3.3% across the board. Cigna bonus pool is funded at 100%, but EIP is only funded at 88%. Some BS about not meeting enterprise initiatives.
To the Hcsc bonus comment, a majority of companies don’t guarantee bonuses and Cigna is no exception. There is always a fine print.
But they did say if we qualify and bonus pool is available, conveying employees to Hcsc would get a 2024 Cigna bonus.
They said today during transition call for folks that move to hcsc a bonus is not guaranteed and bonus amounts will vary for those that get one.
Less than 100% bonus and high earners for merit will be 3%… so who knows what merit percentage for lower than “high earners”
Yep… low low low. Merit and bonus pools smaller than I’ve ever seen here. Absolutely ridiculous the work we put in does not equal the rewards, and it is purposeful.
The broligarchs need to pay to play, where do you think they’ll get the money to do that? From us.
It sounds like it’s going to be funded at 80-85%. I wonder if the executives will also take a 20% hit on their bonuses and stock options? Hmm… somehow I doubt it.
It’s going to be low, probably around 80% funded citing the stock price and pending PBM uncertainties. Low bonuses may also drive some attrition which they probably want.
Someone in Medicare legal department was laid off today. Also heard that anyone moving over to hcsc is getting a much smaller bonus so people are getting sc--wed on the way out the door.
Its going to be over to keep people in place for another year or under to further drive people away
I would think that this year would be like last year however for next years bonus, if PBMs stay in the spot light and stock prices keep going down, it will be a bumpy ride.