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Reply to "AOL, IBM and 8% of American companies move to annual match for 401k"
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[quote=Anonymous]Front page of today's Post http://www.washingtonpost.com/business/economy/aol-chief-ignites-firestorm-over-401k-cuts-and-distressed-babies-remark/2014/02/07/2116c03a-9012-11e3-b227-12a45d109e03_story.html This will decrease mobility since you have to be on board at 12/31 to qualify and on board in the next FY when they pay (presumably in first quarter but I didn't see where AOL committed to that)-then if you move you will not get credit for time at AOL and won't have time at the new employer. Just a really cynical way to treat people. The reasons given for the nove are over the top.[/quote]
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