PFE benefits are, by design, middle to bottom third. Face it, they don't have to pay to keep us, because where else could we go and make this kind of money for this kind of effort?
Ian and his board want the stock to grow, period. That's how they get paid. So their underlings will cut, cut, cut on expenses since the top line isn't humming. It's easy to cut benefits.
Remember when we used to have quota achievers trips? Warehouse runs? My wife could drive the company car? I could send flowers to the district member who had a death/baby/etc? Remember when my I could expense enough to cover my cell phone?
It's over. Only the rich(ELT) enjoy perks now. Just like this country's middle class, the average worker has been neutered of all benefits.
Well, at least we have a big investment in fringe minority programs.
PFE benefits are, by design, middle to bottom third. Face it, they don't have to pay to keep us, because where else could we go and make this kind of money for this kind of effort?
Ian and his board want the stock to grow, period. That's how they get paid. So their underlings will cut, cut, cut on expenses since the top line isn't humming. It's easy to cut benefits.
Remember when we used to have quota achievers trips? Warehouse runs? My wife could drive the company car? I could send flowers to the district member who had a death/baby/etc? Remember when my I could expense enough to cover my cell phone?
It's over. Only the rich(ELT) enjoy perks now. Just like this country's middle class, the average worker has been neutered of all benefits.
Well, at least we have a big investment in fringe minority programs.
Yes indeed, Pfizer leadership is all about cut, cut, cut when it comes to the number of employees and their benefits. But that's the American Dream in action - a small number of greedy people keep grabbing more and more of the money in our society. Every Republican would tell you that's a beautiful thing and it's the way it should be in America!
Health top notch
401k near the bottom
Pension until end of 2017 a lottery ticket playing interest rate game until 55 annuity.
Car-bad. Basically pay the monthly lease, without excess mileage
Health Care--Agree, top notch with free Pfizer drugs
401K--Disagree, up 17.9% ytd
Pension--BIG loss but expected, have to wait and see if the Company pay in as your match will be enough to ever retire. At least you can take it with you. Chances of making it to a pension eligible age are low anyway.
Car-How can you rate bad? You can buy your own and at least if you can't make that work, you still have a car. Sound pretty whiney on this one.
PFE benefits are, by design, middle to bottom third. Face it, they don't have to pay to keep us, because where else could we go and make this kind of money for this kind of effort?
Ian and his board want the stock to grow, period. That's how they get paid. So their underlings will cut, cut, cut on expenses since the top line isn't humming. It's easy to cut benefits.
Remember when we used to have quota achievers trips? Warehouse runs? My wife could drive the company car? I could send flowers to the district member who had a death/baby/etc? Remember when my I could expense enough to cover my cell phone?
It's over. Only the rich(ELT) enjoy perks now. Just like this country's middle class, the average worker has been neutered of all benefits.
Well, at least we have a big investment in fringe minority programs.
Health top notch
401k near the bottom
Pension until end of 2017 a lottery ticket playing interest rate game until 55 annuity.
Car-bad. Basically pay the monthly lease, without excess mileage
Your post is naïve, try to look at the big picture.
You mention 401k is up 17.9%YTD. First of all, that's your account balance. Mine is up over 30% for the year. Hopefully you're not sitting on all the company stock fund given as a match. You're selling large pieces of it at least annually right? Moving those funds into other investment options right? Remember Enron? Diversify man. Also, the post was referring to the % of match. 4.5 isn't huge when you look at it by itself, but that's not the case. It's 4.5% plus a pension. At least until 12-31-17. So yes Pfizer does treat us pretty well on paper, we'll see if they continue paying pension obligations in 30 yrs.