Early retirement

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Can you explain to me why 55 and 10 is a big deal? After you are vested you are vested correct? I know you get a Pharma benefit that you PAY for at 55 but with independent plans available this is no longer a huge benefit. I don't know why older reps stay for this. I would go and get paid more from a company that has its act together. Am I wrong?
 






Anonymous said:
Do you want to see what JnJ early retirement looks like? What 4 months and look at the ISR sales force. The hit the road with no pay show is about to start. It is going to be very ugly.
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Academics are going first. My abm is GI and a superstar who Marti confers with before making key decisions. He suggested academic be dismantled because they get all the credit for GI's business even more that RA. He said she nodded and said it's and action plan.
 






Here is your best early retirement strategy. Start only working 20 hours or less a week (I prefer <10). Your boss will threaten you based on the sliding numbers but who cares. Whether you work or not has no relevance on if you will keep your job. In fact the ass kissers have probably already cut your throat so really who does care. You are already dead you just don't know it yet. So enjoy the last few days/weeks/months of your time here. I mean really enjoy it. Everything feels worse when you work very hard for ignorant asses who think sales is easy, and you still get canned. The best way to deal with this is to take a "walk-about" just show up to your key accounts once a month and go to the beach the rest of the time. There are no jobs out there so don't waste your time looking. Just enjoy the chill time. Acknowledge that you are going to be let go and make this time memorable. Maybe go out and have an affair, start a book club, lose that last 10 pounds or just sleep in till noon everyday. When the end comes you will feel like you got the good end of the stick. AKA F__k this assholes. They deserve much worse than that. Much worse.
 






Anonymous said:
Here is your best early retirement strategy. Start only working 20 hours or less a week (I prefer <10). Your boss will threaten you based on the sliding numbers but who cares. Whether you work or not has no relevance on if you will keep your job. In fact the ass kissers have probably already cut your throat so really who does care. You are already dead you just don't know it yet. So enjoy the last few days/weeks/months of your time here. I mean really enjoy it. Everything feels worse when you work very hard for ignorant asses who think sales is easy, and you still get canned. The best way to deal with this is to take a "walk-about" just show up to your key accounts once a month and go to the beach the rest of the time. There are no jobs out there so don't waste your time looking. Just enjoy the chill time. Acknowledge that you are going to be let go and make this time memorable. Maybe go out and have an affair, start a book club, lose that last 10 pounds or just sleep in till noon everyday. When the end comes you will feel like you got the good end of the stick. AKA F__k this assholes. They deserve much worse than that. Much worse.
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Once you see one name fall, be prepared to hear about a lot of others. You'll wonder: Why all these great performing people while the slime remain?
 












This thread about early retirement originated last year and was supposed to occur last October. Didn't happen then, and won't happen now. It is much less expensive to lay you off, or terminate you. If you are a 55+10 employee sitting around waiting for JnJ to hand you more money you are a fool! If you are thinking it might happen this October you are a bigger fool.
 












Anonymous said:
Totally agree with the last post. Who are these idiots who think J&J would provide early retirement.
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I thought they might pay a nice severance to anybody who tripped out with an RBD's wife on a couple of Presidents clubs. I know one guy who had some fun with the RBDs wife in the hot tub and now the RBD is targeting the guy. I think the guy should describe what he did with her here if he gets fired.
 






Anonymous said:
Totally agree with the last post. Who are these idiots who think J&J would provide early retirement.
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These are people in their late 50's or early 60'' that sit around and dream like a person who just bought their power ball ticket. They dream how nice it would be if JnJ came to them and rewarded them for all of their years of service by asking them not to come back to work while simultaneously added years of service to their pension calculation! They dream of winning free money just like the power ball ticket holder before the winning numbers are announced on the evening news.
 






Anonymous said:
These are people in their late 50's or early 60'' that sit around and dream like a person who just bought their power ball ticket. They dream how nice it would be if JnJ came to them and rewarded them for all of their years of service by asking them not to come back to work while simultaneously added years of service to their pension calculation! They dream of winning free money just like the power ball ticket holder before the winning numbers are announced on the evening news.
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From what I'm hearing from reliable sources these people are sitting in a good spot right now. The offers are going to be very generous and hard to turn down. Good for them. They're are a lot of great older reps in this company and I have learned from a lot of them. Most of the people who went to President's club the past couple of years were older reps, and I am seeing a lot of them ranked high again this year. One thing you can say about them, is that they work harder than almost anybody. They deserve a nice package, I hear it's about a years severance minimum.
 






Anonymous said:
From what I'm hearing from reliable sources these people are sitting in a good spot right now. The offers are going to be very generous and hard to turn down. Good for them. They're are a lot of great older reps in this company and I have learned from a lot of them. Most of the people who went to President's club the past couple of years were older reps, and I am seeing a lot of them ranked high again this year. One thing you can say about them, is that they work harder than almost anybody. They deserve a nice package, I hear it's about a years severance minimum.
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That is very fair. Some reps will get up to two years, I hear.
 












Anonymous said:
There aren't many reps in out company over fifty, and maybe four or five over 55, so I don't think the company would waste it's resources. It can always just find a way to terminate these people anyway to save severance.
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Senior management ran a mandatory seminar on how to drive older reps from the company a couple of years ago. At least two abms, both with older reps on their teams--resigned within weeks after it, one even leaving without having another job because he ethically and morally could not do such things. His RBD, actually somewhat of a national director because of how his team was distributed, was delighted by the information. He told the entire group he now had the information he needed to drive out older reps. Funny, reps his age or younger at that. His outward reason was that these old reps were costing the company money in sick time, benefits, pensions, and all that, but in private he told people he just wanted to see some people who he didn't like get fired. Here's a hypothetical question. What if a guy like that started experiencing his own medical problems, so bad that he had to be rushed from a meeting or seminar to a hospital because of an older person's medical problem?
If I was his boss I'd be scratching my chin and thinking "Maybe THIS guy has to go on a PIP." What can we get him for?
Hypothetically, I would look at his phone records. ALL of them. Why so many calls to one particular number?
Hypothetically speaking.
 






Anonymous said:
Senior management ran a mandatory seminar on how to drive older reps from the company a couple of years ago. At least two abms, both with older reps on their teams--resigned within weeks after it, one even leaving without having another job because he ethically and morally could not do such things. His RBD, actually somewhat of a national director because of how his team was distributed, was delighted by the information. He told the entire group he now had the information he needed to drive out older reps. Funny, reps his age or younger at that. His outward reason was that these old reps were costing the company money in sick time, benefits, pensions, and all that, but in private he told people he just wanted to see some people who he didn't like get fired. Here's a hypothetical question. What if a guy like that started experiencing his own medical problems, so bad that he had to be rushed from a meeting or seminar to a hospital because of an older person's medical problem?
If I was his boss I'd be scratching my chin and thinking "Maybe THIS guy has to go on a PIP." What can we get him for?
Hypothetically, I would look at his phone records. ALL of them. Why so many calls to one particular number?
Hypothetically speaking.
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While this guy is a tool, he is still just a symptom of the problem. Here are the hard facts for you to digest. JnJ is a very unethical company and is considered by most analyst to be void of any real self responsibility to stockholders, customers or employees. This direction to unload and target older employees was made at a much higher level than Rob Brussels.

Most of the managers you see in place right now are snakes, that is how they were promoted in the first place. If you think your manager would spend in excess of 1 second being concerned about your fate you are wrong. This is the what can you do for me show, a one way street if you will. So knowing the slime you work for, do you really think they will fight to give you anything the law doesn't require them to do? Don't neglect the fact that if you are north of 45 you are on the radar. 50-54 is a no brainer, your gone. 55-59 you are the target at present.

The ideal position for this organization is to keep the older players in a grouping where they can be easily taken out as a group. Lets say maybe as an Academic or ABS group. Or perhaps as the ISR group. Don't you find it interesting that the average age of the ISS group is far less compared to the ISR group? When the time to move folks around they kept the older and over paid folks in the ISR group and moved the younger kids to the IS Simponi group.

Now that the ISRs are no longer selling Remicade first line sales will drop and lay-offs soon to follow. It's not JnJ's fault that this group of ISRs are all old and incompetent. The group just had to go. Before the Academics are laid to rest you can count on them gutting of the few younger hard workers into positions held in vacancy. ABS group doesn't sell, it is a duplicate position and the average age is 50+. Gone. They won't make it past the annual July lay-offs.

So if you are thinking you are due to be treated fairly you are wrong at JnJ. As for the over 45 crowd? Look around at the next meeting. 1/3 of the sales force falls into this category. Unloading isn't just a though or JnJ or JBI. It is a directive hat is happening but is about to get very interesting when entire sales groups get canned that are 9/10 in the targeted age group. A worthless organization driven by egomaniacs with minimal experience.
 






Anonymous said:
While this guy is a tool, he is still just a symptom of the problem. Here are the hard facts for you to digest. JnJ is a very unethical company and is considered by most analyst to be void of any real self responsibility to stockholders, customers or employees. This direction to unload and target older employees was made at a much higher level than Rob Brussels.

Most of the managers you see in place right now are snakes, that is how they were promoted in the first place. If you think your manager would spend in excess of 1 second being concerned about your fate you are wrong. This is the what can you do for me show, a one way street if you will. So knowing the slime you work for, do you really think they will fight to give you anything the law doesn't require them to do? Don't neglect the fact that if you are north of 45 you are on the radar. 50-54 is a no brainer, your gone. 55-59 you are the target at present.

The ideal position for this organization is to keep the older players in a grouping where they can be easily taken out as a group. Lets say maybe as an Academic or ABS group. Or perhaps as the ISR group. Don't you find it interesting that the average age of the ISS group is far less compared to the ISR group? When the time to move folks around they kept the older and over paid folks in the ISR group and moved the younger kids to the IS Simponi group.

Now that the ISRs are no longer selling Remicade first line sales will drop and lay-offs soon to follow. It's not JnJ's fault that this group of ISRs are all old and incompetent. The group just had to go. Before the Academics are laid to rest you can count on them gutting of the few younger hard workers into positions held in vacancy. ABS group doesn't sell, it is a duplicate position and the average age is 50+. Gone. They won't make it past the annual July lay-offs.

So if you are thinking you are due to be treated fairly you are wrong at JnJ. As for the over 45 crowd? Look around at the next meeting. 1/3 of the sales force falls into this category. Unloading isn't just a though or JnJ or JBI. It is a directive hat is happening but is about to get very interesting when entire sales groups get canned that are 9/10 in the targeted age group. A worthless organization driven by egomaniacs with minimal experience.
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Nailed it!
 






This place is a shit hole. Nobody likes working here. If they ever offered early retirement they would lose 60% of the salesforce overnight. We are now the laughingstock of the industry. Just waiting for the doors to close now.
 






Anonymous said:
While this guy is a tool, he is still just a symptom of the problem. Here are the hard facts for you to digest. JnJ is a very unethical company and is considered by most analyst to be void of any real self responsibility to stockholders, customers or employees. This direction to unload and target older employees was made at a much higher level than Rob Brussels.

Most of the managers you see in place right now are snakes, that is how they were promoted in the first place. If you think your manager would spend in excess of 1 second being concerned about your fate you are wrong. This is the what can you do for me show, a one way street if you will. So knowing the slime you work for, do you really think they will fight to give you anything the law doesn't require them to do? Don't neglect the fact that if you are north of 45 you are on the radar. 50-54 is a no brainer, your gone. 55-59 you are the target at present.

The ideal position for this organization is to keep the older players in a grouping where they can be easily taken out as a group. Lets say maybe as an Academic or ABS group. Or perhaps as the ISR group. Don't you find it interesting that the average age of the ISS group is far less compared to the ISR group? When the time to move folks around they kept the older and over paid folks in the ISR group and moved the younger kids to the IS Simponi group.

Now that the ISRs are no longer selling Remicade first line sales will drop and lay-offs soon to follow. It's not JnJ's fault that this group of ISRs are all old and incompetent. The group just had to go. Before the Academics are laid to rest you can count on them gutting of the few younger hard workers into positions held in vacancy. ABS group doesn't sell, it is a duplicate position and the average age is 50+. Gone. They won't make it past the annual July lay-offs.

So if you are thinking you are due to be treated fairly you are wrong at JnJ. As for the over 45 crowd? Look around at the next meeting. 1/3 of the sales force falls into this category. Unloading isn't just a though or JnJ or JBI. It is a directive hat is happening but is about to get very interesting when entire sales groups get canned that are 9/10 in the targeted age group. A worthless organization driven by egomaniacs with minimal experience.
Click to expand...

Some of their major targets are being brutalized by management in the most unethical ways.
 












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