Pros
A lot of good fundamental things but they are only on the surface. Dig deeper and read the cons below. Good Compensation (especially for the Officers), Good Benefits, Company Growth, Health Care Industry, Business model. They make so much money using Federal tax dollars that they can afford to over pay the Sr Executives huge bonuses, stock options and waste money with multiple jets, executive retreats and lavish spending. Much of that money should be spent on the Medicaid and Medicare recipients. It is too extreme.
Cons
It all starts at the top -- Executive Leadership, Partners and HR Co Leadership . They are smart and the company is doing well BUT the philosophy and value of people is a sham. They can and do act a good game at the right moments but they are not caring people with tyrant like behavior and they only care about money and stock price. The treatment of people is horrible. Very disrespectful and unprofessional behavior behind closed doors. Childish behavior like giving the silent treatment to other executives before cowardly having someone else fire them and throwing them out of the building. The HR Co-Leadership pair have no experience in HR. They have no idea about people or HR practices. They follow the McKinsey model of minimal HR, with locked doors and no access, uncaring and employees having to fend for themselves only getting telemarketer like answers to real employee needs to HR questions. The philosophy and values of people that built the company are deliberately being eliminated including those great HR people who built the solid people culture. They are good at showing charts and talking about how great things are and how much better they are while the truth being that they are not better. They do not provide opportunities for questions or input because they has no answers, just rhetoric. The Compensation philosophies are the weakest and most inconsistent comp strategies I have ever seen. The HR leaders only care what those above them say, not about what the people need. The only focus is on money and stock price and making their big money. They are only there short term and there for the money. I would be careful buying this stock. It is a house of cards. If all the former executives were interviewed and were honest they would confirm and be able to provide a lot of examples of what I am saying. I would think long and hard about taking a job with them. They will entice you with golden hand cuffs which is why so many good people are still there. It really isn't worth your health, integrity or values. They have had several good people leave and even some who just got there over the past couple years. Several of their leaders have health related illness from the stress and poor treatment. Take a look at the number of good long term and even some short term Directors and VP's throughout the company and especially in HR that have left the company. They did a great job building a wonderful business and culture. Why did they leave? Be very careful and do your research before you choose to join Centene, especially in a leadership position. Beware what you are being told and sold is a lie.
