Early retirement

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Highly placed source

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Starting in oct there will be an early retirement package for D1s and above. Senior leadership wants to clear the high rollers to make room for the young. The plan will 5+5+1. Done by dec 31.
 






























Please do not start this rumor again. This is not going to happen so enough already. People read this stuff and actually believe it and get their hopes up high for no reason.
 


















Highly placed source said:
Starting in oct there will be an early retirement package for D1s and above. Senior leadership wants to clear the high rollers to make room for the young. The plan will 5+5+1. Done by dec 31.
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All these rumors. I heard that legacy reps were going to be offered retention bonuses in order to boost trust in senior management and show job security for younger reps. That makes sense.
 






Anonymous said:
All these rumors. I heard that legacy reps were going to be offered retention bonuses in order to boost trust in senior management and show job security for younger reps. That makes sense.
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OMG...That just makes SOOOO much sense....
Thanks you, I was getting a bit antsy over all this..
The more people that get crap-canned, the more money I will get in reparations !!!!
Bring it on, bring it on.
 












We need the wisdom of Rob Brussels right now. Only his nonsense and lying can tell us what to do, because we know that whatever he says and promises the opposite is true. Please tell us to trust you Rob Brussels, next year the Credo scores will be even lower.
 






Some people are going to be swimming in money soon! Does anybody know what age the company is going down to? The offers have to be very lucrative in order to avoid lawsuits. I feel sorry for the reps who are still left. If there's a layoff later they might not get anything.
 






No early retirement. Retention for what? You are lucky to have a job. The truth is it is cheaper to PIP and get you on policy violations. Fools you never even saw us coming.
 






PIP? That is not necessary people!

oh you know the favorite tactic still lives on: They put a tail on you and follow you and then accuse you of not being in the field selling when you happen to have a personal dental appt etc mid-day! BAM BOOM! You're fired!
 






Anonymous said:
PIP? That is not necessary people!

oh you know the favorite tactic still lives on: They put a tail on you and follow you and then accuse you of not being in the field selling when you happen to have a personal dental appt etc mid-day! BAM BOOM! You're fired!
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Think that's what previous poster meant by policy violations. The new order is here!
 












Anonymous said:
Some people are going to be swimming in money soon! Does anybody know what age the company is going down to? The offers have to be very lucrative in order to avoid lawsuits. I feel sorry for the reps who are still left. If there's a layoff later they might not get anything.
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That's right but it's not fair. Why should the older reps get big early retirement severance packages while the rest of us have to wait until we get laid off with next to nothing? My manager has good information that the early retirement reps are getting packages that only a idiot would turn down. They should offer that to younger reps and I mean like in their forties too.
 






Anonymous said:
That's right but it's not fair. Why should the older reps get big early retirement severance packages while the rest of us have to wait until we get laid off with next to nothing? My manager has good information that the early retirement reps are getting packages that only a idiot would turn down. They should offer that to younger reps and I mean like in their forties too.
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Don't worry. Management has your back.
 






Know this, there are no anonymous posts. Records are kept that will show who posted what. Lawsuits no doubt will bring this up. So your manager claims it wasn't him yet it was posted from a library 5 minutes from his/her house ans cell records show that was the location of the cell calls too. It all adds up to a big ugly for JnJ. Think caps ration is legal? Only if it used for review purposes. Can't be tied to any pay or security issues. Think our calibration passes that? Not.
On to early retirement. Does anyone know what that is here? Didn't think so. It will clear out reps that have qualified for a retirement bu are clicking off the years. Going through the motions if you will. The get an extra year credit or two and that is it. If you aren't at your 55 and 10 you get nothing except a bullseye on your back.
A 5.5.1 is what? No such thing. 55 10 1 is age, service, 1 extra year credit to walk now. If you are 60 get excited. The rest of us will keep working.
Also JnJ has no loyalty to anyone regardless of age. 25-65 they will fire you for any reason. You don't have to the bottom of Ustakinumab to know that.
 






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