What would you do if you STAY?

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Anonymous

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Life at Novartis doesn't seem very bright in 2013 either. What would you do if you were selected to stay? Seems like the territories with 2 reps would scale back to 1 after 2013.
 












WORK!!! who wants to get laid off right now...work your but off and be thankful you kept your job because you better believe you won't find another right now that is paying you the samething or higher...Every company is going to bigger territories and cheaper pay! So if you get to stay consider yourself lucky...either get out of the industry...or wonder about your fate year after year after year after.....
 












They will be laying off again in the fall of the beginning of 2013. There will only be 1 rep per territory by then. So if you stay you will eventually be thrown away.
 






Anonymous said:
WORK!!! who wants to get laid off right now...work your but off and be thankful you kept your job because you better believe you won't find another right now that is paying you the samething or higher...Every company is going to bigger territories and cheaper pay! So if you get to stay consider yourself lucky...either get out of the industry...or wonder about your fate year after year after year after.....
Click to expand...

I hear you. I want to stay. Please let me stay.
 






There are two of us that are the best choices to stay, but anyone with past success is pretty much screwed in the ratings on V & B's. So, Novartis is going to stick themselves with one of the other two who really don't care about working. Good luck with that!
 






Work! Go back to school and learn a trade or a skill. Get out of this industry before it becomes a rent a rep thing and start my own business or work for a skill related industry.
 






If one of the few who stays, I would....

Maximize my savings thru Novartis. Being that the period to modify withholding is just past, I would do the same on my own to save, save, save in order to have more for an uncertain future and to get in the habit of having less disposable income. Areas to cut would include -

Weekend entertainment, there are plenty of things that can be cut here without really sacrificing a good time.

Vacations - maybe a domestic vacation vs. a trip to another country, or less expensive weekend vacations 3 or 4 times a year vs. a really big vacation that requires air travel.

Burgers instead of steaks on the barbeque pit.

Less money spent on hobbies.

Saving on monthly bills - cell phone (explore other plans), utilities (cut back), cable or satellite tv (basic service vs. premium)

Etc., etc.

You may likely have to do most of these things anyway, so why not start now and encourage better habits?

I am willing to bet that most could save between $500 to $1000 extra per month with little effort. We recently reworked our mortgage as Chase was offering this with no fees. We had 8 years left on our loan and we had been paying $500 extra per month which meant that we would have the house completely paid off in about 3.5 years. With the new mortage, even though it was for a 10 year term, the monthly payment fell by $600.00. So now we are still paying exactly the same amount every month but are paying an additional $1100 per month to retire the mortgage faster. It will be paid off in just a little over 3 years with the additional principal we are paying (but not paying a dime more every month). So for a few hours work we saved about 3 monthly notes.

Next fall, assuming you are still with Novartis, maximize how much you have withheld into savings; make Novartis match at the maximum rate.

If and when you are involuntarily retired you will have already learned how to save and live more economically and you will have a larger reserve of savings.
 






Anonymous said:
WORK!!! who wants to get laid off right now...work your but off and be thankful you kept your job because you better believe you won't find another right now that is paying you the samething or higher...Every company is going to bigger territories and cheaper pay! So if you get to stay consider yourself lucky...either get out of the industry...or wonder about your fate year after year after year after.....
Click to expand...

BOGUS , every single rep today in every single company wiill be replaced within 5 years MAX , with a cheaper less compensated alternative and those will be churned & burned like copier salespeople .
Keeping a position today prolongs the inevitable , makes you more complacent & less desirable in the real marketplace & may very well cost you a career position in some unforseen area.
 






Your financial advice is going to ruin you. Don't put money into your 401k anymore people. All retirement plans are controlled by the government. There will be a day when they tap the 1.2T in these accounts as collateral to pay off the countrys massive debts. It's already happened in Asia and Argentina in the past

Wake the fuck up people - the play book of 1960-2007 no longer applies. The new rules require a drastic change in how you think. Also, if you are underwater on your mortgage - default and move on....


Anonymous said:
If one of the few who stays, I would....

Maximize my savings thru Novartis. Being that the period to modify withholding is just past, I would do the same on my own to save, save, save in order to have more for an uncertain future and to get in the habit of having less disposable income. Areas to cut would include -

Weekend entertainment, there are plenty of things that can be cut here without really sacrificing a good time.

Vacations - maybe a domestic vacation vs. a trip to another country, or less expensive weekend vacations 3 or 4 times a year vs. a really big vacation that requires air travel.

Burgers instead of steaks on the barbeque pit.

Less money spent on hobbies.

Saving on monthly bills - cell phone (explore other plans), utilities (cut back), cable or satellite tv (basic service vs. premium)

Etc., etc.

You may likely have to do most of these things anyway, so why not start now and encourage better habits?

I am willing to bet that most could save between $500 to $1000 extra per month with little effort. We recently reworked our mortgage as Chase was offering this with no fees. We had 8 years left on our loan and we had been paying $500 extra per month which meant that we would have the house completely paid off in about 3.5 years. With the new mortage, even though it was for a 10 year term, the monthly payment fell by $600.00. So now we are still paying exactly the same amount every month but are paying an additional $1100 per month to retire the mortgage faster. It will be paid off in just a little over 3 years with the additional principal we are paying (but not paying a dime more every month). So for a few hours work we saved about 3 monthly notes.

Next fall, assuming you are still with Novartis, maximize how much you have withheld into savings; make Novartis match at the maximum rate.

If and when you are involuntarily retired you will have already learned how to save and live more economically and you will have a larger reserve of savings.
Click to expand...
 












Anonymous said:
If one of the few who stays, I would....

Maximize my savings thru Novartis. Being that the period to modify withholding is just past, I would do the same on my own to save, save, save in order to have more for an uncertain future and to get in the habit of having less disposable income. Areas to cut would include -

Weekend entertainment, there are plenty of things that can be cut here without really sacrificing a good time.

Vacations - maybe a domestic vacation vs. a trip to another country, or less expensive weekend vacations 3 or 4 times a year vs. a really big vacation that requires air travel.

Burgers instead of steaks on the barbeque pit.

Less money spent on hobbies.

Saving on monthly bills - cell phone (explore other plans), utilities (cut back), cable or satellite tv (basic service vs. premium)

Etc., etc.

You may likely have to do most of these things anyway, so why not start now and encourage better habits?

I am willing to bet that most could save between $500 to $1000 extra per month with little effort. We recently reworked our mortgage as Chase was offering this with no fees. We had 8 years left on our loan and we had been paying $500 extra per month which meant that we would have the house completely paid off in about 3.5 years. With the new mortage, even though it was for a 10 year term, the monthly payment fell by $600.00. So now we are still paying exactly the same amount every month but are paying an additional $1100 per month to retire the mortgage faster. It will be paid off in just a little over 3 years with the additional principal we are paying (but not paying a dime more every month). So for a few hours work we saved about 3 monthly notes.

Next fall, assuming you are still with Novartis, maximize how much you have withheld into savings; make Novartis match at the maximum rate.

If and when you are involuntarily retired you will have already learned how to save and live more economically and you will have a larger reserve of savings.
Click to expand...



And....switch to GIECO!
 






Anonymous said:
BOGUS , every single rep today in every single company wiill be replaced within 5 years MAX , with a cheaper less compensated alternative and those will be churned & burned like copier salespeople .
Keeping a position today prolongs the inevitable , makes you more complacent & less desirable in the real marketplace & may very well cost you a career position in some unforseen area.
Click to expand...

I'm sure they are working on a plan for the "Help Desk" Indians to play a role in it........"Customer Service, this is Peggy."
 






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