- Kepro23.Mar 2018
All they care about is pushing for a full 50% net margin for their venture capital ownership. While net profit margins were easily at 40%+, they continually cut benefits every year, while not even providing facial tissue.
They couldn't care less about advancing your career, well below average tuition reimbursement
Overall compensation for your work
Slightly above average pay is more than offset by well below average benefits that seem to get cut more every year despite already excessive profit margins. Sure, they can check off the boxes for kinds of benefits offered but most are well below average.
CEO will call meetings, pulling us away from our job of helping people, to brag about HUGE profit margins for the venture capital owners... all with Medicaid tax dollars.
They seem to only focus on parts of contracts they think is worthwhile and ignore the big picture of helping members and yearly cost reduction for the client
I made the job rewarding and interesting by pushing the envelope that should have been pushed long before I arrrived.
Suggestions for improvement
- Accept the fact that trying to push for 50% net margins on Medicaid dollars for venture capital owners is just plain immoral, especially when their net margins are already over 40%. AND they cut employee positions and their benefits, overloading and insulting the loyal employees. Even Walmart has been raising pay and taking better care of their employees. If you want to make more money, quit pushing the profit margins so much and simply EARN more contracts by having well taken care of employees that will do a good job and not burn out.
What I like about the company
Employees at the local level are good quality. I did not work in the corporate office.
What I dislike about the company
CHEAPro literally does not even provide FACIAL TISSUE, much less any kind of water or coffee. Benefits cut more and more each year, including 2 floating holidays, taken away completely, paid life insurance cut from 2x down to 1x, no flexibility to use credits for other benefits when you save them $10k in health insurance when you don't need it.
The following benefits were offered to me
- Are you a Current or Former Employee?Former job since 2018