Letter from the Board and employee compensation

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anonymous

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Short term incentives for pharma are only receiving 37.5% and merit increases range from 3.65-1.5%.
I love the mission of CVR but it is becoming harder and harder to understand where Bayer is going to be ABLE to take this and other products. 35 billion euros in dept changes everything. DSO will never overcome that challenge. In the Capital Markets day meeting, it was said most of the cost would be payroll. Payroll is now 11 billion. 500 million had to be cut this year- it was about 56 min mark when the recording becomes available.
 












anonymous said:
It would be nice if we ditched CropScience aka Monsanto. They are bleeding us dry with their lawsuits. Crossing fingers that will happen
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You should start reading business updates from Reuters and trade papers. It was already published this week that a breakup won’t happen for several years. Investors not happy…..Get informed.
 






This is a sinking ship. It will limp off into the grave. The leadership is out of touch. The DSO is just a cost-savings and employee reduction exercise. I think after April, you'll see many leave.
 






Companies do die when they get so greedy, treat employees like crap, buy a company (Monsanto) that kills people, yet profits off their illness (Bayer oncology), goes woke and creates a non functioning sales team that lives in fear. bye, bye Bayer!
 






Many talented reps in Oncology who are running for the exits. There is no future for development and many have career goals and families to support. HR changed the job grades so that a rep is stuck as a rep unless they leave the company and come back. Never going to be a top oncology company with stagnant development opportunities.
 






anonymous said:
Many talented reps in Oncology who are running for the exits. There is no future for development and many have career goals and families to support. HR changed the job grades so that a rep is stuck as a rep unless they leave the company and come back. Never going to be a top oncology company with stagnant development opportunities.
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LTI program meant to retain good employees for the long term. The decision to change and reduce those payouts will have implications for strong talent. Very short sighted.
 






anonymous said:
Many talented reps in Oncology who are running for the exits. There is no future for development and many have career goals and families to support. HR changed the job grades so that a rep is stuck as a rep unless they leave the company and come back. Never going to be a top oncology company with stagnant development opportunities.
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Oncology isn't the only division with this sentiment. Some long time Bayer loyalists are seeking opportunity elsewhere. It's sad too because the current leadership at Bayer doesn't care, they feel as if those people are replaceable and can be an additional cost cutting measure. They will see, those people brought tremendous value not counting commitment. That is not easily replaced. They can put people in those spots, but they have effect on customer relationships and Bayer's reputation. Given this environment, they should be doing more to retain their top talent IMO.
 






1/4 of Onc Prostate division is leaving within 2 weeks. CVR is failing and they are asking WHC to co-promote and paying WHC more bonus than CVR reps get per script. They hired contract CVR reps which we know have no skin in the game. WHC has no reliable tracking system for their buy and bill products. WHC reps are polishing up their resumes. Round-Up lawsuits are never-ending. WHO IS RUNNING THIS SINKING SHIP? I have never seen anything so crazy in my career. Bill is getting the last laugh with his fat salary and book deals. Is this karma for what Bayer did during the Hitler days? God is watching.
 






anonymous said:
1/4 of Onc Prostate division is leaving within 2 weeks. CVR is failing and they are asking WHC to co-promote and paying WHC more bonus than CVR reps get per script. They hired contract CVR reps which we know have no skin in the game. WHC has no reliable tracking system for their buy and bill products. WHC reps are polishing up their resumes. Round-Up lawsuits are never-ending. WHO IS RUNNING THIS SINKING SHIP? I have never seen anything so crazy in my career. Bill is getting the last laugh with his fat salary and book deals. Is this karma for what Bayer did during the Hitler days? God is watching.
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Wow! You sound like a fun person at parties. Keep up that awesome attitude. You’ll go places.
 






anonymous said:
Wow! You sound like a fun person at parties. Keep up that awesome attitude. You’ll go places.
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All is fair in love and war. You cannot honestly believe after witnessing the decision-making and the destruction of our talent back in December and Now with HQ, that we would sit here and be BAYER supporters. How you treat people is what we will remember and from where I am sitting it’s not been a good look.
Drink your Koolaid AGM and stop trolling CP
 






anonymous said:
Wow! You sound like a fun person at parties. Keep up that awesome attitude. You’ll go places.
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Hey “Dr. Suess”…..you appear to be completely out of touch with all the chaos unfolding around you. There is no place for you to go but to cluelessville. What a joke. There are great places for the rest of us to go so and you can stay here with zero EQ. Let’s see how the town hall unfolds tomorrow….maybe you should pay attention to the people in the room and how they really feel right now.
 






anonymous said:
Hey “Dr. Suess”…..you appear to be completely out of touch with all the chaos unfolding around you. There is no place for you to go but to cluelessville. What a joke. There are great places for the rest of us to go so and you can stay here with zero EQ. Let’s see how the town hall unfolds tomorrow….maybe you should pay attention to the people in the room and how they really feel right now.
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Instead of being so angry, go where you are happy and get out of this chaotic environment.

Need flash buddy: this happens at a lot of big pharma companies so maybe go where you are LESS sensitive to change and commotion since your resilience is WEAK. Don’t let the door hit you in the WAY out!
 












anonymous said:
Instead of being so angry, go where you are happy and get out of this chaotic environment.

Need flash buddy: this happens at a lot of big pharma companies so maybe go where you are LESS sensitive to change and commotion since your resilience is WEAK. Don’t let the door hit you in the WAY out!
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is that what you tell yourself every
Morning AGM when you have to look yourself in the mirror and feel good about backing this Hitler supporting company as they continue to put us (their good employees who actually did the work) into the gas chambers. I hope you’re feeling good about your worthless promotion on the backs of those who deserved it. So proud of you
 






anonymous said:
is that what you tell yourself every
Morning AGM when you have to look yourself in the mirror and feel good about backing this Hitler supporting company as they continue to put us (their good employees who actually did the work) into the gas chambers. I hope you’re feeling good about your worthless promotion on the backs of those who deserved it. So proud of you
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They are all MAGA anyway. Probably cool with the whole set up, to be honest. Easily brainwashed losers. If you are squirrelly enough you can find their voter registration history and that should tell you all you need to know about their critical thinking capabilities.
 






anonymous said:
They are all MAGA anyway. Probably cool with the whole set up, to be honest. Easily brainwashed losers. If you are squirrelly enough you can find their voter registration history and that should tell you all you need to know about their critical thinking capabilities.
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I’m sure they have been smoking from that peace pipe for a while! I’m not sure there is any critical thinking not thinking at all coming from any leadership here. The people driving this ship are heading us straight for an iceberg. We are all doomed
 






Get out while you have a job. Start interviewing this is a sinking ship. They shave the scripts, manage with fear yet say DSO- just a smokescreen/ distraction for their BS. I’m out as soon as I’m vested… June is almost here thank God!
 






This is basically what everyone is doing but industry is tough right now. We all want to leave to greenies grass but just as BMS announced their 2200 layoffs if happening with a lot of big Pharma. Small companies are the way to go right now but Bayer is not the solution either. We need to get out before they cut us again heard October is another hit for sales.
 












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