Causby Gets Bonus for Growing Employee Turnover

Strange Tony,

A company with a core value "take care of our people" would view employee turnover as something to reduce or eliminate.  Not Kindred at Home where executives are rewarded for the opposite, increasing turnover.  Kindred's Board Compensation Committee set an easy to beat target of 25% for 2017.  Despite the second year in a row of rising turnover management eked out a win.   David Causby's received 14% of his short term bonus for the 24.2% turnover result, the worst in three years.

In the midst of this period management ditched the PwC employee survey.  Employees at our hospice site took the survey in 2016 but never heard feedback results.  Months later management informed staff that employee feedback was no longer important.   Kindred management trashed our employee surveys and our voices.

There will be fewer performance criteria under Humana and its two partners, both financial rapscallions.  EBITDA, free cash flow and dividends to parent are the likely measures.  Management will once again expect employees to sacrifice to enrich those at the top, which includes our new 60% owners come summer.

Anonymous (from the employee beware level of Kindred)