severance

[Anonymous]

Your rights are gone. Everything you heard about AbbVie is true. We own you. Wait until the internal investigations start on you so we can thin the herd.

 

[Anonymous]

Your rights are gone. Everything you heard about AbbVie is true. We own you. Wait until the internal investigations start on you so we can thin the herd.

Internal investigations? Really? What are you talking about??

 

[Anonymous]

Better make sure you are actually calling on docs, not padding expense reports. You'll see soon enough.

 

[Anonymous]

What does padding your expense reports mean

 

[Anonymous]

Better make sure you are actually calling on docs, not padding expense reports. You'll see soon enough.

Are you saying we are not allowed to do lunches?

 

[Anonymous]

When they want to get rid of you, they will make stuff up or exaggerate things to push you out. You have no idea what you are in for.

 

[Anonymous]

What does padding your expense reports mean

I think it means giving out 8 bagels to 6 nurses.

 

[Anonymous]

Oh and RD's have a say in rank somewhat. They can make up to a 5-6% goal adjustment from one rep to another if they so choose.

I call BS on this. Can anyone verify that RDs can adjust goals?

 

[Anonymous]

When they want to get rid of you, they will make stuff up or exaggerate things to push you out. You have no idea what you are in for.

This is true. They will spin data to make you look as bad as possible

 

[Anonymous]

I call BS on this. Can anyone verify that RDs can adjust goals?

Ask you RD. This is true. It was mentioned at the NSM meeting in April. Where were you? The managers have the ability to make these adjustments starting Q3. You will have no idea if you were given an adjustment one way or another so don't worry about it just keep selling!

 

[Anonymous]

Any protection you think you have from the merger will not exist if they call for an investigation on you.

 

[Anonymous]

Any protection you think you have from the merger will not exist if they call for an investigation on you.

Since they are not offering any protection, I doubt any of this will matter.

 

[Anonymous]

It matters.

 

[Anonymous]

Abbvie will NOT honor the change of control, but will honor Shire's severence for 6 months. Do you think Shire will offer an option to leave before the merger ends that will fall under the change of control?

 

[Anonymous]

Abbvie will NOT honor the change of control, but will honor Shire's severence for 6 months. Do you think Shire will offer an option to leave before the merger ends that will fall under the change of control?

Really? Why would they do that?

 

[Anonymous]

So June 2015 is when Abbvie plans on burning us to the ground. Got it, thanks Flem!

 

[Anonymous]

So June 2015 is when Abbvie plans on burning us to the ground. Got it, thanks Flem!

Unreal! Disgusting! Thanks Flem and upper management for taking care of the reps! They sure took care of themselves!

 

[Anonymous]

So June 2015 is when Abbvie plans on burning us to the ground. Got it, thanks Flem![/]

AbbVie & Shire have shown their hand, and its obvious they dont give 2 shits about their people. Look on the brightside, were now in a 10 month warn period! Nobody is being severed 6mo after close. Ride it out, and if a better opportunity comes along take it.

 

[Anonymous]

You heard it here first the severance package with be an insult. Most companies do a minimum of 6-12 weeks plus 2 weeks per year minimum. Great companies have done 6 months minimum plus 2 weeks per year. However our severance was negotiated in the buyout. It was negotiated that shires current severance policy for change of control would be to costly and that ABBVie could come up with a more cost effective plan. Ie; pay out less. Expect the plan to be 1 week per year. Also expect cuts to happen between thanksgiving and Christmas. You heard it hear first folks. Save what you can. Don't take vacation. Every penny will matter. It will be massive. Geography, rank, reviews. In that order.

Wow you were right on about this. Abbvie is NOT honoring the Change of control policy as stated here. I can't believe they can do that. Why even have a change of control policy in place? At least Shire was able to keep the severance plan which is slightly better than Abbvies, not great but slightly better. I am guessing your timeline about cuts is also correct.

 

[Anonymous]

Really? Why would they do that?

Maybe to let people who don't want to be the new Abbvie leave the company before they severe employees who may want to stay? After 8 years with Shire, I would have a pretty heavy severance under the old plan with change of control. I would rather take that then go forward with Abbvie under KK and Perry. KK and Perry is NOT where I want to be. I don't know much about Abbvie, but if they are keeping these buffoons as our leaders that speaks volumes.