Hello,
Has anyone received their merit increase and any bonus as of yet from MAP? Eager to see if the CEO meant what he stayed on the town hall
about the increases being more than prior.
17 replies (most recent on top)
0 and 0!
- 5% and 120% for RRP I’ll take it. I do think it’s interesting that the 120% was still lower than the 100% from last year though. At this point I’m relieved to still have a job!
Excerpts out of 2021 (page 59) Proxy - " Accordingly, our CEO to median employee pay ratio is 301:1. We made significant investments in our
employee population in 2021 and as a result we saw a meaningful (~10%) increase in the compensation of our median employee".
Please raise your hand if you received ~10% "meaningful" increase in 2021?? They meant average including the top tier of combine comp of $75M for the top 7... fair?
The only transparency you will get is from the filing with SEC on exec compensation. Yes, it is public record now your merit & bonus is miniscule . As those being impacted by RIF ,how many jobs could have been spared (performers) by reducing the top tier awards?? Read on the clause of Termination...wow! Dont you all wish you could have the same "golden parachute" clause on termination? Just some sample links for you to ponder...
https://www.sec.gov/Archives/edgar/data/731766/000104746921001031/a2243195zdef14a.htm
2021 Board/Exec. compensation -
https://www.unitedhealthgroup.com/content/dam/UHG/PDF/investors/2022/UNH-Proxy-Statement-2022.pdf
My "raise" was 2% no inflation adjustment. This is essentially a pay cut.
: @4qxu+1lePni6m- indeed disgusting! Furthermore, the C level always exercised stock options before RIF to protect their “assets”. If questioned “insider@ trading, they will quick to defend themselves - “the Board approved my request 6 months back!” Yes, they knew 6 months back of RIF and priority for them is clearly to fill their pockets first !! They don’t care if they displaced workers or cause financial hardship for the many families result of RIF. Pure greed!
https://www.fiercehealthcare.com/payers/heres-how-much-unitedhealth-ceo-andrew-witty-earned-last-year
A TRUE leader would take care of those that actually make this company what it is! This is disgusting!!
The “bigger” raises we heard we were getting were a complete joke. The ceo meant him and the other higher ups would be getting even bigger bonuses than normal while laying a ton of people off.
8K bonus??? My team is lucky to get $1000!
Budget was 3% (which is 1% higher than years past - as far as I can remember) and I have been a “people leader” for over 10 years. Some get more than budget some get less.
Our teams rrp bonus was less this year than last. Raises were from 2-4%
: @1moh+1lePni6m- you are definitely a “company” man/woman. You down play the hard working staff by stating “average” work performed. Are you HR or part of so called “leadership”? It’s obvious that your style is putting other down to make yourself stand out - “self serving” a bit?
1% raise, 8k bonus before taxes, same as last year. CEO meant larger bonuses for his cronies
To all the babies down voting my pay for performance comment, this isn't everyone gets a trophy time. If you're not exceeding expectations, you don't deserve a big raise because you're breathing. You already get paid for the average work you do. If you want to earn more, then outperform your peers. It's simple. If you're coming in and doing exactly what's expected of you with average performance, you haven't earned the right to be comped higher. Stop whining.
- 5%
The budget was 3%. Depending on performance, I gave 1.5% to as high as 6.5% for the top performers. We are a pay for performance company. We also rate on a relative curve. No one is a victim.
Supervisor here. I gave between 1.5% and 3.7% increases. Mind you, it wasn’t my choice to give those amounts it was my manager and director. I just gave them my ranking. My personal increase was 4.7%.