Rough Times Ahead You Have Been Warned

Quote






Anonymous said:
Shame on you Kip Dewitt
You stand there while some of your best managers are let go. You say that you have no control of it, if you really don't have any control then why are you here? Why do you get paid so well? What do you do?

As far as the rest of the SDs, I'm embarrassed of all of you. You say this a company of careers, yet you treat some of your most loyal people worse then Intuitive. You know its true. Your jobs are to lead, blindly following every order even when you know its wrong, shows how insignificant and puppet like you all are.

When the next round happens, and you know it's coming, I hope all of you SDs are let go so that you know what it feels like. Then maybe we can find some new And real leadership and save this once great company.

I am ashamed to be part of JNJ
Click to expand...


Honestly sad to see that there are so many that have blind faith in this company. I have watched those promoted to DM and move across the country only to get cut within weeks. Others have moved to the home office to help transition the sales force but once that was done they were cut as well. This is a shrinking company with ZERO loyalty.
 












Hate to say it but I have been a loyal "kool-aid" drinker for years. Even through project constitution, new bag and new manager. Gave it 110% through 2013 and was planning on doing the same through the "this is not project constitution" cuts. Why? Because of the pension and because "everyone that leaves comes back". Sat down with a financial planner and went over my retirement strategy.... well suffice it to say the pension is not worth passing up a higher paying job.

My eyes have been opened to the lack of loyalty this company offers its employees. DM's and even SD's don't have a say who stays and who goes. And if you want to get promoted within the next 2-3 years? Forget about it. I figure I have about 12 months to find something new then I am out.
 










































Anonymous said:
Okay , so clarify. New hires don't get pension option , old timers pension will end , or you who want one wont get
Click to expand...

It's easy to calculate what you will get when pension funding ends. JNJ will announce they will cease to fund the pension as of "x" date. For example, if they announce in June that they will no longer fund the pension as of Dec. 31, 2014, just go into the pension calculator and put that date as your last date of employment. Then see what you will get at age 62 or 65 or whenever you want to collect what you have earned. If you have under 5 years with JNJ, you get nothing.
Also remember when you are looking at these numbers that they are in current dollars; the pension is not inflation adjusted. So if you are 42 and seeing that you will collect $2400 a month at age 62, you have to adjust for inflation and estimate what $2400 will be worth in 20 years....so in today's dollars it might be more like $1600 a month.
 






Anonymous said:
It's easy to calculate what you will get when pension funding ends. JNJ will announce they will cease to fund the pension as of "x" date. For example, if they announce in June that they will no longer fund the pension as of Dec. 31, 2014, just go into the pension calculator and put that date as your last date of employment. Then see what you will get at age 62 or 65 or whenever you want to collect what you have earned. If you have under 5 years with JNJ, you get nothing.
Also remember when you are looking at these numbers that they are in current dollars; the pension is not inflation adjusted. So if you are 42 and seeing that you will collect $2400 a month at age 62, you have to adjust for inflation and estimate what $2400 will be worth in 20 years....so in today's dollars it might be more like $1600 a month.
Click to expand...

Good advice and you are right about todays dollars. Most people don't know that. It is still a nice perk but I can tell you I'm gone for sure if they stop the pension...no question about it.
 


















I am turning in my resignation
I have a family and I am not going to live wondering if I have a job every year

Ethicon is a HORRIBLE place to be!!!

Go to Intuitive, at least you'll get paid to be treated like shit
 


















Anonymous said:
I am turning in my resignation
I have a family and I am not going to live wondering if I have a job every year

Ethicon is a HORRIBLE place to be!!!

Go to Intuitive, at least you'll get paid to be treated like shit
Click to expand...

Kip and the rest of the leadership team know that its a horrible place to be. I think its part of the plan
Distributor reps are in the near future for Ethicon
 


















Top Bottom
Back
Quote