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Reply to "Only 1 week notice they're cutting 401k match in half"
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[quote=Anonymous]Took less than 30 minutes to pin this on Obamacare - may be a DCUM record. OP, sorry about the change. Does seem counter to company culture that they did not explain it in a meeting as opposed to using email. A few years back our company toyed with dropping health insurance over the match. Fortunately, a group of single employees as well as married employees on their spouses' plan united in opposition. The match was cut back but health insurance kept for those with no other options. Appreciate comments from PP who said companies look at every opportunity to generate the most profits for the wealthiest. And agree with another PP that I would rather take a hit on my 401(k) rather than having an employee lose a job.[/quote]
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