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<p>[QUOTE="Anonymous, post: 4979622"]If I had to sum up so called career at Novartis in one word, That word would be (regret), Novartis has a philosophy problem, a management problem and a greed problem. I started working for one of the parent companies of Novartis in the late 80's being recruited right out of college with opportunity to work for what was a great company. The philosophy of the company with which I began my career was simple, work hard, pay your dues, learn needed skill sets and opportunity/advancement would be there, long term employee's were viewed as assets & respected at every level. I was already 10 years into my career when Novartis was born. The new company was different from day one, however, it was a mixture of two very different corporate cultures and I tried to view it as an opportunity, Novartis in its infancy (1st 5 years) wasn't terrible but that's because the managers were still busy jockeying for positions of power. This power base was solidified as far I can tell around 2003 around my 15th year of service. The coupling a unified management staff with Novartis going public on the NYSE and the stock option opportunities being offered to managers of all levels was the true catalyst for disaster for the working individuals. In 2008 Novartis froze the pensions of those under 45 years of age regardless of years of service to the company, one year later goodbye to retirement medical, I had spent almost 20 years working for the company when it pulled the rug out from beneath my feet. A simple policy change for the company, a bonus for the managers that crafted this policy and I pay the bill. I'll never be able to save enough to make up the difference secure my future. Sure I complained and that's when the new Novartis philosophy was fully revealed to me, that being employment is "at will" and you can leave anytime you want, your lucky you have a job in today's market and if your a long term employee your a liability by default. Today raises are non existent for the common worker, the execu-class are thriving though, the culture of greed is prolific, the redistribution of wealth, significant, the indifference as visible as the reserved parking spaces sitting empty but there, "just in case" they decide not to work from home or in the event that they have to appear for some back patting pow wow for one of the club. That about sums up what it is like to have spent a lifetime working for Novartis, to old to start over and give up some of the benefits I still have, but to young to call it quits yet. So My advise to the younger generation is simple, if you come work for the company and are not management material, treat it for what It is. A job. Take what you can when you can and always search for the next opportunity, forget about loyalty or dedication, be as selfish as those who run the show because in the end they will not appreciate you anyway.[/QUOTE]</p><p><br /></p>
[QUOTE="Anonymous, post: 4979622"]If I had to sum up so called career at Novartis in one word, That word would be (regret), Novartis has a philosophy problem, a management problem and a greed problem. I started working for one of the parent companies of Novartis in the late 80's being recruited right out of college with opportunity to work for what was a great company. The philosophy of the company with which I began my career was simple, work hard, pay your dues, learn needed skill sets and opportunity/advancement would be there, long term employee's were viewed as assets & respected at every level. I was already 10 years into my career when Novartis was born. The new company was different from day one, however, it was a mixture of two very different corporate cultures and I tried to view it as an opportunity, Novartis in its infancy (1st 5 years) wasn't terrible but that's because the managers were still busy jockeying for positions of power. This power base was solidified as far I can tell around 2003 around my 15th year of service. The coupling a unified management staff with Novartis going public on the NYSE and the stock option opportunities being offered to managers of all levels was the true catalyst for disaster for the working individuals. In 2008 Novartis froze the pensions of those under 45 years of age regardless of years of service to the company, one year later goodbye to retirement medical, I had spent almost 20 years working for the company when it pulled the rug out from beneath my feet. A simple policy change for the company, a bonus for the managers that crafted this policy and I pay the bill. I'll never be able to save enough to make up the difference secure my future. Sure I complained and that's when the new Novartis philosophy was fully revealed to me, that being employment is "at will" and you can leave anytime you want, your lucky you have a job in today's market and if your a long term employee your a liability by default. Today raises are non existent for the common worker, the execu-class are thriving though, the culture of greed is prolific, the redistribution of wealth, significant, the indifference as visible as the reserved parking spaces sitting empty but there, "just in case" they decide not to work from home or in the event that they have to appear for some back patting pow wow for one of the club. That about sums up what it is like to have spent a lifetime working for Novartis, to old to start over and give up some of the benefits I still have, but to young to call it quits yet. So My advise to the younger generation is simple, if you come work for the company and are not management material, treat it for what It is. A job. Take what you can when you can and always search for the next opportunity, forget about loyalty or dedication, be as selfish as those who run the show because in the end they will not appreciate you anyway.[/QUOTE]
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Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
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Regional Discussion and Job Opportunities
>
Canadian Reps
>
NOVARTIS PENSIONERS TREATED BADLY
>
Cafepharma Message Boards | Pharma Sales, Device Sales, Lab Sales
Home
Forums
>
Regional Discussion and Job Opportunities
>
Canadian Reps
>
NOVARTIS PENSIONERS TREATED BADLY
>