Monday, July 2, 2018

Day One: Extremely Good for Executives

Strange Tony,

July 2 served as Day One for the two private companies formed by Kindred's buyout by two financial rapscallions.  The industry refers to such owners as sponsors but other employee populations experienced them more as tormentors. 

Kindred executives did very well on Day One.  Enriched executives informed employees right off not to expect raises as a result of the buyout.  That guidance has not changed.

I'll need to re-read the shiny, happy Day One message from the amorphous Employee Experience group.  I'll hold up graph showing executive proceeds on Day One as I read their missive.  It should be a stark contrast of executive words vs. deeds.  That's par for the course in management today.

Anonymous (from KAHtiva)

2 comments:

  1. Don't be alarmed by these ingratiation's. It's the corporate way of doing business. Do two things to alleviate the numbing gall caused by their entitlement's. Arm thyself with knowledge and read up on the writing's of economist Michael Hudson. Learn of the fire sector, (finance,(banking), insurance and real estate), parasitism and debt serfdom. And vote for any progressive candidates whom may be allowed to challenge the neoliberal hoard. Your children's future depends on it.

    ReplyDelete
  2. Our CEO David Causby received a similar payday when Kindred bought out Gentiva in early 2015. He received a series of $1 million annual bonuses while most of our hospice employees went without raises. How many of our lower paid hospice workers sought food assistance under Causby's heartfelt leadership? The shiny, happy people in Employee Experience can't ponder this possibility. At our site it is a reality. Stagnant employee wages buy less and less while year in and year out David Causby rakes it in.

    ReplyDelete