Page 1 of 3 123 LastLast
Results 1 to 15 of 31
  1. #1
    Hall-Of-Famer
    Points: 65,530, Level: 79
    Level completed: 43%, Points required for next Level: 920
    Overall activity: 0%
    Achievements:
    SocialVeteran50000 Experience Points
    cyfanatic's Avatar
    Join Date
    Oct 2006
    Location
    Cedar Rapids, Iowa
    Posts
    3,986
    Points
    65,530
    Level
    79
    Thumbs Up
    Received: 27
    Given: 311
    Last edited by cyfanatic; 09-30-2010 at 10:27 AM.

  2. #2
    Addict
    Points: 119,303, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 1.0%
    Achievements:
    SocialVeteran50000 Experience Points

    Join Date
    Nov 2006
    Posts
    9,767
    Points
    119,303
    Level
    100
    Thumbs Up
    Received: 1
    Given: 0

    Re: Principal to Cut Jobs

    Linky no worky



  3. #3
    Addict
    Points: 180,742, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 7.0%
    Achievements:
    SocialVeteranCreated Album pictures50000 Experience Points

    Join Date
    Oct 2007
    Location
    Marshalltown
    Posts
    9,901
    Points
    180,742
    Level
    100
    Thumbs Up
    Received: 111
    Given: 107

    Re: Principal to Cut Jobs

    I almost took a job in that area a couple years ago. Whew!



  4. #4
    Speechless
    Points: 559,761, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 3.0%
    Achievements:
    Social50000 Experience PointsOverdriveVeteranRecommendation Second Class
    ISUAgronomist's Avatar
    Join Date
    Nov 2009
    Location
    Back in Iowa!!!!!!!!
    Posts
    21,299
    Points
    559,761
    Level
    100
    Thumbs Up
    Received: 169
    Given: 86


  5. #5
    Hall-Of-Famer
    Points: 65,530, Level: 79
    Level completed: 43%, Points required for next Level: 920
    Overall activity: 0%
    Achievements:
    SocialVeteran50000 Experience Points
    cyfanatic's Avatar
    Join Date
    Oct 2006
    Location
    Cedar Rapids, Iowa
    Posts
    3,986
    Points
    65,530
    Level
    79
    Thumbs Up
    Received: 27
    Given: 311

    Re: Principal to Cut Jobs


  6. #6
    Speechless
    Points: 394,167, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 88.0%
    Achievements:
    SocialOverdriveVeteran50000 Experience Points
    Wesley's Avatar
    Join Date
    Apr 2006
    Location
    Omaha
    Posts
    57,766
    Points
    394,167
    Level
    100
    Thumbs Up
    Received: 404
    Given: 293

    Re: Principal to Cut Jobs

    It has been removed.

    Well, here is one about the Ocare Impact:

    McDonald's Says It May Drop Health Plan - WSJ.com




    Last week, a senior McDonald's official informed the Department of Health and Human Services that the restaurant chain's insurer won't meet a 2011 requirement to spend at least 80% to 85% of its premium revenue on medical care.
    McDonald's and trade groups say the percentage, called a medical loss ratio, is unrealistic for mini-med plans because of high administrative costs owing to frequent worker turnover, combined with relatively low spending on claims.
    Looks like all fast food will be in the same bucket.


    CFH HMagic bball season next year.
    Let my Fred's Four Horsemen ride: Georges, Hogue, Nader, and McKay.

  7. #7
    Speechless
    Points: 394,167, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 88.0%
    Achievements:
    SocialOverdriveVeteran50000 Experience Points
    Wesley's Avatar
    Join Date
    Apr 2006
    Location
    Omaha
    Posts
    57,766
    Points
    394,167
    Level
    100
    Thumbs Up
    Received: 404
    Given: 293

    Re: Principal to Cut Jobs


    Looks like they will not be hiring anyone soon. If the profits (even 1%) will not exist in medical insurance, the companies will leave that area.

    After all, why risk a company/business when you have a 1% profit industrywide??? The govt will eventually own the industry as a single payer. Hope the govt then does not go bankrupt or otherwise their goes the medical bill payments.


    Last edited by Wesley; 09-30-2010 at 10:36 AM.
    CFH HMagic bball season next year.
    Let my Fred's Four Horsemen ride: Georges, Hogue, Nader, and McKay.

  8. #8
    Rookie
    Points: 20,985, Level: 44
    Level completed: 27%, Points required for next Level: 665
    Overall activity: 2.0%
    Achievements:
    10000 Experience PointsVeteran

    Join Date
    Apr 2010
    Location
    Des Moines, IA
    Posts
    552
    Points
    20,985
    Level
    44
    Thumbs Up
    Received: 0
    Given: 0

    Re: Principal to Cut Jobs

    Well sob, have a job interview there next week. Looks like I will be double thinking about taking it



  9. #9
    Addict
    Points: 119,772, Level: 100
    Level completed: 0%, Points required for next Level: 0
    Overall activity: 1.0%
    Achievements:
    Veteran50000 Experience Points
    simply1's Avatar
    Join Date
    Jun 2009
    Location
    Salt Lake City
    Posts
    5,288
    Points
    119,772
    Level
    100
    Thumbs Up
    Received: 28
    Given: 2
    I don't do signatures. Blondes, brunettes, and red heads are a different story.

  10. #10
    Addict
    Points: 89,515, Level: 93
    Level completed: 9%, Points required for next Level: 1,735
    Overall activity: 13.0%
    Achievements:
    Veteran50000 Experience Points
    capitalcityguy's Avatar
    Join Date
    Jun 2007
    Location
    Des Moines
    Posts
    5,310
    Points
    89,515
    Level
    93
    Thumbs Up
    Received: 128
    Given: 97

    Re: Principal to Cut Jobs

    Quote Originally Posted by cjb1978 View Post
    Well sob, have a job interview there next week. Looks like I will be double thinking about taking it
    Well, it your interview was with the health insurance division, I doubt it is still on. If it is elsewhere within the company ,why would this news matter? In fact, if they are getting rid of unprofitable business unit that is currently (or projected in the future) to drag the entire corporation down, wouldn't this generally be good news for those working in other parts of the company?


    CCG

  11. #11
    Rookie
    Points: 20,985, Level: 44
    Level completed: 27%, Points required for next Level: 665
    Overall activity: 2.0%
    Achievements:
    10000 Experience PointsVeteran

    Join Date
    Apr 2010
    Location
    Des Moines, IA
    Posts
    552
    Points
    20,985
    Level
    44
    Thumbs Up
    Received: 0
    Given: 0

    Re: Principal to Cut Jobs

    Quote Originally Posted by capitalcityguy View Post
    Well, it your interview was with the health insurance division, I doubt it is still on. If it is elsewhere within the company ,why would this news matter? In fact, if they are getting rid of unprofitable business unit that is currently (or projected in the future) to drag the entire corporation down, wouldn't this generally be good news for those working in other parts of the company?
    Mostly I was looking there as the health benefits being one of the main pros of taking a job there.

    It is with the Individual Life group within there.



  12. #12
    Addict
    Points: 95,541, Level: 96
    Level completed: 25%, Points required for next Level: 1,509
    Overall activity: 14.0%
    Achievements:
    Veteran50000 Experience Points
    acgclone's Avatar
    Join Date
    Feb 2007
    Posts
    6,700
    Points
    95,541
    Level
    96
    Thumbs Up
    Received: 276
    Given: 44

    Re: Principal to Cut Jobs

    Quote Originally Posted by cjb1978 View Post
    Well sob, have a job interview there next week. Looks like I will be double thinking about taking it
    All I can say is wow. Did you even read the article, before you came to this conclusion?

    What would Principal cutting their medical insurance DIVISION, have anything to do with their life division?

    They are NOT cutting their medical coverage for employees, they are getting out of the medical insurance business.



  13. #13
    Starter
    Points: 73,696, Level: 84
    Level completed: 33%, Points required for next Level: 1,154
    Overall activity: 1.0%
    Achievements:
    Veteran50000 Experience Points
    Cyballz's Avatar
    Join Date
    Aug 2009
    Posts
    872
    Points
    73,696
    Level
    84
    Thumbs Up
    Received: 39
    Given: 11

    Re: Principal to Cut Jobs

    Quote Originally Posted by cjb1978 View Post
    Well sob, have a job interview there next week. Looks like I will be double thinking about taking it
    No wonder the company has to cut jobs if this is the quality of interviewees they're going to bring in


    read this post quickly - it might not last long

  14. #14
    Rookie
    Points: 20,985, Level: 44
    Level completed: 27%, Points required for next Level: 665
    Overall activity: 2.0%
    Achievements:
    10000 Experience PointsVeteran

    Join Date
    Apr 2010
    Location
    Des Moines, IA
    Posts
    552
    Points
    20,985
    Level
    44
    Thumbs Up
    Received: 0
    Given: 0

    Re: Principal to Cut Jobs

    Quote Originally Posted by acgclone View Post
    All I can say is wow. Did you even read the article, before you came to this conclusion?

    What would Principal cutting their medical insurance DIVISION, have anything to do with their life division?

    They are NOT cutting their medical coverage for employees, they are getting out of the medical insurance business.
    I am talking from a cost benefit point of view.

    Meaning if Principal cuts their health benefits from providing their own to assigning this duty to an outside vendor then the costs will go up for the employees of Principal.

    So in short, the cost of benefits is going up for the employees and any new people coming on board will have to offset this cost to them by asking for more money per year.

    Quote Originally Posted by Cyballz View Post
    No wonder the company has to cut jobs if this is the quality of interviewees they're going to bring in
    No it is called looking at the bigger picture.



  15. #15
    All-Star
    Points: 42,620, Level: 63
    Level completed: 75%, Points required for next Level: 330
    Overall activity: 1.0%
    Achievements:
    Veteran25000 Experience Points
    JY07's Avatar
    Join Date
    Aug 2009
    Posts
    1,158
    Points
    42,620
    Level
    63
    Thumbs Up
    Received: 17
    Given: 17

    Re: Principal to Cut Jobs

    Quote Originally Posted by cjb1978 View Post
    No it is called looking at the bigger picture.
    That's probably a pretty good call; it seems like principal is laying off 100+ employees on a regular basis



Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
  • Football
  • Iowa State vs. North Dakota State
  • August 30, 2014
  • 11:00 AM