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Old 07-06-2015, 04:31 PM
 
5,656 posts, read 8,763,412 times
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Found the following article in the Hartford Courant. Not sure about what your local media is reporting but based upon this article the impact of the merger, if approved, should not have a negative impact on employment in the Louisville area.

Aetna CFO: Louisville Workforce May Grow - Hartford Courant
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Old 07-06-2015, 05:40 PM
 
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Quote:
Originally Posted by WILWRadio View Post
Found the following article in the Hartford Courant. Not sure about what your local media is reporting but based upon this article the impact of the merger, if approved, should not have a negative impact on employment in the Louisville area.

Aetna CFO: Louisville Workforce May Grow - Hartford Courant
Do you really believe that? And let's say employment stays the same numbers wise...I am more interested in the net payroll in Louisville. For example, if Humana has 12k employees that make a combined 100 million, and after merger, they add 500 employees for a total of 12.5k employees that make 75 million, that is a huge net loss for the area. Let's see what executive types they keep here...
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Old 07-06-2015, 06:52 PM
 
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Quote:
Originally Posted by Peter1948 View Post
Do you really believe that? And let's say employment stays the same numbers wise...I am more interested in the net payroll in Louisville. For example, if Humana has 12k employees that make a combined 100 million, and after merger, they add 500 employees for a total of 12.5k employees that make 75 million, that is a huge net loss for the area. Let's see what executive types they keep here...
Well, according to the article, they may see a shift in some jobs to each city from the other.
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Old 07-07-2015, 06:19 PM
 
Location: IL/IN/FL/CA/KY/FL
1,128 posts, read 802,496 times
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People on a U of L message board were speculating that there may be more jobs shifted to Louisville because of how expensive the tax structure is in CT.
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Old 07-07-2015, 11:11 PM
 
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Originally Posted by ServoMiff View Post
People on a U of L message board were speculating that there may be more jobs shifted to Louisville because of how expensive the tax structure is in CT.
This makes sense...remember about a month ago aetna threatened to leave CT. The best thing Louisville can do to keep the jobs is keep creating the awesome hip city that has really progressed this decade
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Old 07-08-2015, 06:11 AM
 
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The job market and overall economy in CT is deteriorating thanks to the mismanagement of the state and local governments. That being the case, yes it is probable that Louisville will see at least a small increase in jobs from the merger.

I was in touch with a friend who owns a business in CT and he said the state has been creating a hostile business climate for a long time. Another friend who is an Engineer said the same thing. People and businesses are moving out of the state because of the lousy business climate and also the constant tax increases.

Last edited by WILWRadio; 07-08-2015 at 06:24 AM..
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Old 07-08-2015, 09:11 AM
 
Location: New Albany, Indiana (Greater Louisville)
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Ultimately the exact outcome isn't known. It's preferable to have the HQ and most employment in your city. But it's great that no mass
job losses look to be imminent.
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Old 07-08-2015, 09:56 AM
 
6,299 posts, read 13,194,213 times
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Quote:
Originally Posted by ServoMiff View Post
People on a U of L message board were speculating that there may be more jobs shifted to Louisville because of how expensive the tax structure is in CT.
Please link me that message board?
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Old 07-08-2015, 12:13 PM
 
Location: IL/IN/FL/CA/KY/FL
1,128 posts, read 802,496 times
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Quote:
Originally Posted by Peter1948 View Post
Please link me that message board?
Louisville Cardinals Football, Basketball, and Recruiting Front Page
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Old 12-22-2015, 11:07 AM
 
Location: (six-cent-dix-sept)
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a friend of mine was a delivery manager at aetna before they merged with coventry and he was replaced by a delivery manager from coventry.
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