Compensation

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Anonymous

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They better have a significantly improved comp plan to roll out at the WWSM. The start of a new year is a good time to reflect and wonder if the BS is more than the money. Right now, the BS is winning.
 






Don't worry JA will make the comp plan look and sound better, but just like the last 6 years, the average CSR's pay will decrease. I am going to the WW for the entertainment of watching management scramble, but I will be off this ship of moral decay as quickly as possible. As you say, "the BS is winning."
 






Great question. Always been my experience that when these restructuring changes occur, management quickly uses the layoffs as a backdrop to lower compensation and benefit plans. They will constantly say we need to focus on this instead of that. Meanwhile, they are focused on cutting as much as possible while trying to maintain talent. Happens every time. The other thing no one has mentioned is that this company now has about zero promotion opportunity within.
 






Coming from JNJ (which has already gone down this path), compensation with either stay the same and will be harder to obtain or decrease overall. Management will then present it to us as doing us a favor that they maintained the current comp plan vs. more layoffs. The
"you should be thankful you have a job in this current economic environment" will become a theme from upper management.
 






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