If you accepted the offer, why are you still nervous? This is an honest question. If I got it, I'd have accepted it and been relieved. I don't understand all the anxiety over a longer wait. Either you get approved, which is what you wanted, or you don't, and you stay in the same situation you're in now. What's the issue? What am I missing?
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So it’s been mentioned multiple times that the company set aside money allocated towards the VSP. It it’s pretty clear that more people accepted the package than Centene has funds for. Some vsp will get denied as the company can’t afford to approve everyone. There will still be lay offs com Sept however without the vsp. Ppl are concerned their vsp application will get denied only to get later off anyway with a lower severance.
Good point.
I wonder what the requred legal standards are around that discriminatory Part II of the original offer, where they're now only letting the ones who applied change their decision.
How can it be legal to midway through the decision-making process, switch things up by only allowing that for one group, but not the other, when both groups were originally presented with the same offer/terms?
@bn Why the change? I bet they didn't meet the required legal standards for notice and consideration. So now they have to fix that. Rushed, uninformed, and poorly executed, aka Corporate SOP.
@bn agree 1000%. At this point I would take it.
Absolutely!
And with how they've kept changing things with the deadline, then opening it back up, but ONLY for those people who made a certain choice, it has completely eroded any faith or trust, to the point where practically everyone wants to leave.
Leadership should've put more forethought into brainstorming all of the "what ifs" before offering the VSP to anyone. One of the obvious "what ifs" was that if everyone who the offer was extended to decided to apply for the VSP, and most of those people were approved, then enough $$ should've been budgeted for covering that, and liquid/available, in advance. If that estimated total $ amount would've been more than they were willling to potentially dole out in SVP, then they should've cut back on the number of people they extended the offer to in the first place. Logic would tell you, sure you're HOPING that not everyone applies, but what if they do? You have to be prepared for that!
Then to top it off, not only do they push out even further, the deadline of even notifiying people if they're approved for it or not, but now they're backtracking and inviting only a portion of the people (out of ALL employees eligible for the VSP) who are involved in the process, that they and ONLY they (the ones who applied for the VSP) can now reverse their decision about applying. Why not also allow the eligible ones who didn't apply to reverse their decision, too? To not offer a reversal of decision to everyone just proves that these dimwits couldn't collectively plan their way out of a wet paper bag.
They just keep yanking people's chains, and then wonder why people are 100% fed up with their disrespectful unorganized unprofessionalism! This is such a ridiculously tone-deaf, short-sighted, and personally insulting "business offer" ever.
@OP it's a nervousness that has to do with PLs looking for something to trigger or issue coaching or performance management so that you don't get the VSP. I can see PLs being more micromanaging during this time to "help" the company refrain from paying out the VSP. It's a nervousness triggered by the company taking their sweet time to decide who gets it as opposed to approving those who no longer want to be here. That level of nervousness or anxiety can't be contained with simply just saying that you applied; we need to know for sure if we're approved, and if approved, let us be and let us perform well without micromanagement.
@ap Under California law, any accrued and unused Paid Time Off (PTO) or vacation time is considered earned wages. If you take a Voluntary Separation Program (VSP) or leave your job, your employer is legally required to pay out all of your unused PTO on your final paycheck.
Varies by State. Check out https://www.ptoexchange.com/blog/pto-payout-laws-by-state
I think everyone that applied will get it unless they were on their way out the door anyway due to corrective action plans.
@OP Because the whole this is just awful! From the start and then the date being changed, the uncertainty of it and the simple fact of it happening I guess is why some of us are scared, nervous, and angry!
Pto is not paid out and they asked that those taking vsp not take pto during the last 2 weeks. If we have a significant amount of pto we have to start using it before we find out we were accepted for vsp. If I am denied I would be upset because I would not have wanted to waste my pto this way
I’ve found peace and acceptance with all of this chaos/uncertainty. Regardless of if someone was offered and applied to accept the VSP, it comes with a lot of changes. Nothing is finalized until you get the severance in your bank account after taxes. You could still be fired for “not meeting metrics/ your performance” even if the work isn’t there for you to meet it. I do understand why others may be nervous though. Some people don’t have a second income, a partner, an emergency fund, the job market is rough and could take 6 months to a year to get a job. People may have dependents/ family that’s also affected with job loss or job changes. For those that’s staying, Sarah stated in the video Layoffs will come in the next “Months/year,” so some people feel unsettled/on edge. Getting a job is not as easy as it was years ago depending on your specific area/field. You may be competing for a job with others that’s also laid off the same time as you that’s also paying significantly less. The longer wait may affects those applying for jobs with their start date that wants to get the severanxe, people on medical leave or have health conditions that’s easily affected by stress. Some people had plans for the summer that they put on pause until the VSP gets accepted or until they find a new job. There are so many more factors. Everyone deals with stress and anxiety different.
@OP when they approved IF they approve, how long before you get the severance $ is a big question too. It can be weeks or months
@OP because you take the VSP, you can still get fired. Also, just because you want the VSP doesn't mean your gonna get it. Micromanaging to find a reason to fire is causing a lot of the anxiety. Retaliation against the one that applied will happen.
It’s stress of the future unknown, we all have to adjust and press forward no matter what and survive
@OP being told you’re needed for business continuity purposes doesn’t mean anything now.
continuity is finite, especially with the ongoing restructuring that will happen.
For me it’s if I stay, how long before layoffs come around and if so, will they even offer a good package.