Bogus bonus plan

Not born yesterday

Guest
60000 tests for 2012? This is what we "have" to hit. Thanks SS for the
update. Everyone update your resume because 2012 is the end for PBS. They will go under after they miserably fail to reach the numbers they promised the board.

Good reps recognize the bullshit at this place and leave ASAP!
 












PBS wouldn't sell 60,000 tests with 50 reps who were making bank. 20 reps working with one foot out the door is worth about 1000 tests per month.

It will be February, possibly March before PBS eclipses 1000 tests per month. 2000 tests per month is a pipedream. 3000 tests per month is pure fantasy. The recurrence test is DOA. MGA sales will fall below 50 per month nationwide by the end of January.

Its going to play out like this:

Q1 will come and go with little fanfare. Another failed forecast. Another swing with a HUMONGOUS miss. TR will devise a plan. He will ask CP and SS what they think. "BEST IDEA EVER SIR. YOU'RE FUCKING BRILLIANT YOU OLD CODGER YOU". The board will continue to throw good money after bad and approve this scheme with no questions asked. Reps will be mandated to make menacing calls to patients with outstanding balances. At work, at home, in church. It won't matter. A scene straight out of Better off Dead. Reps will be promised a portion of collections from 2010, 2011 and 2012. Of course they will be weighted with varying degrees based on a complex algorithm created on a cocktail napkin the fellas drafted at the pub. Payroll clerks won't be able to cipher the chicken scratches. This will be yet another blatant lie and broken promise. TR to the board, "Sales are down but collections are up. Can we have some more walking around money?" We haven't found another company to run into the ground yet.

Heads will roll in Q2. But by this time it will be too late. Lexington employees will take a long Memorial Day weekend at the Jersey Shore. Sunburned, they will commute to their office and realize PBS has met the same fate as the Do-Do Bird and Aureon Labs. Shuttered.

Cheers to 2012!
 






Don't you get it? They set goals so high to make up for failed expectations last year. They have probably been given an ultimatem: investors get their money back this year (ie 12 million in molecular business) or they walk away. They are going to start shopping us as soon as we put up decent Q1 numbers (after all the goals are very back end loaded, right TR?) as soon as they realize no one wants to buy the titanic they will do just like Aureon and shut it down. We won't make it to 4th of July much less Memorial Day.

They are so stupid to screw people out of money. If they said they were on the verge of collapse but would pay me out the ass for whatever business I could bring in, I'd work my ass off and bank $$$$ like those Aureon reps did. Maybe id even retire from the industry after that because I sure as hell ain't gonna retire off the bullshit options since we will never see IPO.


For PBS, 2012 is the END!