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UPS Partners
401k Match...when is it coming back?
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<blockquote data-quote="pretzel_man" data-source="post: 726643" data-attributes="member: 927"><p>Of course, its a matter of overall compensation. Whether you are management or hourly, it works the same way. The company looks at what it is willing to spend for employee compensation overall first. Then where its spent is decided. It can be in direct compensation, pension, health care, benefits, etc.</p><p> </p><p>The last time I looked, 2/3 of revenue goes to employee compensation. That is about the same % as in Casey's day.</p><p> </p><p>Are you saying that eliminating the 3% 401K match is worse than reducing your take home pay by 3%? Very few people I know think that.</p><p> </p><p>P-Man</p></blockquote><p></p>
[QUOTE="pretzel_man, post: 726643, member: 927"] Of course, its a matter of overall compensation. Whether you are management or hourly, it works the same way. The company looks at what it is willing to spend for employee compensation overall first. Then where its spent is decided. It can be in direct compensation, pension, health care, benefits, etc. The last time I looked, 2/3 of revenue goes to employee compensation. That is about the same % as in Casey's day. Are you saying that eliminating the 3% 401K match is worse than reducing your take home pay by 3%? Very few people I know think that. P-Man [/QUOTE]
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401k Match...when is it coming back?
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