anonymous
Guest
anonymous
Guest
I have worked in Novo Nordisk sales for over ten years. I have observed the terminations of many field employees in my geography. The one thing that all of these employees had in common was that they were all over the age of 40. Let’s not kid ourselves, Pharma reps tend to be young and attractive. You can make your own assessment and draw your own conclusions.
I would ask anyone at NNI reading this post how often you have observed an “older” employee being promoted to a management position? If so, have you noticed how the promotion occurrence of an older employee is very low and disproportionate.
At NNI you have several diverse groups created by Novo such as Women in Novo Nordisk, Military in Novo Nordisk, and Millennials at Novo Nordisk. Where is the group for the older employee?
Over the the last few weeks I have spoken to several field sales employees that are over the age of 55 and each one has been asked by their manager whether or not they are leaving at the end of 2018. The discussion was centered around whether or not the older employee(s) is going to leave so they can take advantage of the 55/10 program before it changes to 60/10 at the end of 2018. Why are these questions being asked?
It is obvious that NNI wants to trim older employees. NNI needs to do the right thing and that is simply to offer a retirement buyout for employees aged 55 plus. Due to US corporate tax changes in 2018, NNI is well positioned with increased profitability to do so. Why not offer packages of 1 year to these employees like Sanofi and Lilly have done (industry standard). By offering packages vs. managing people out of a job NNI would be behaving in the Novo Nordisk Way and more importantly send the right message to present and future employees that Novo cares about its people and live the values set by our triple bottom line.
I would ask anyone at NNI reading this post how often you have observed an “older” employee being promoted to a management position? If so, have you noticed how the promotion occurrence of an older employee is very low and disproportionate.
At NNI you have several diverse groups created by Novo such as Women in Novo Nordisk, Military in Novo Nordisk, and Millennials at Novo Nordisk. Where is the group for the older employee?
Over the the last few weeks I have spoken to several field sales employees that are over the age of 55 and each one has been asked by their manager whether or not they are leaving at the end of 2018. The discussion was centered around whether or not the older employee(s) is going to leave so they can take advantage of the 55/10 program before it changes to 60/10 at the end of 2018. Why are these questions being asked?
It is obvious that NNI wants to trim older employees. NNI needs to do the right thing and that is simply to offer a retirement buyout for employees aged 55 plus. Due to US corporate tax changes in 2018, NNI is well positioned with increased profitability to do so. Why not offer packages of 1 year to these employees like Sanofi and Lilly have done (industry standard). By offering packages vs. managing people out of a job NNI would be behaving in the Novo Nordisk Way and more importantly send the right message to present and future employees that Novo cares about its people and live the values set by our triple bottom line.