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> "There's an old saying where they say the goal is to pluck the feathers from the bird with the least amount of squawking," said Chamberlain. The less visible
by lordfoom 11y ago
> "There's an old saying where they say the goal is to pluck the feathers from the bird with the least amount of squawking," said Chamberlain. The less visible the cuts, the better—even if it means taking money out of employee pockets. "Changes to contributions to employee retirement plans," he suggested as a less disruptive cut than emptying the snack larder. "These are highly obscure from a worker standpoint."
That's some cold shit right there.
- spacecowboy_lon 11y agoYou don't have employe trustees for pensions in the USA? - sounds like the sort of thing that got Robert Maxwell (a nastier version of Rupert Murdoch) in trouble. Basically Embezzled the employees pension funds.
- jib 11y agoI'm ok with that. Perception matters. I dont think it is cold as much as realistic. I would much rather have my contributions to the pension cut. Someone decided that providing milk is too much of a pain in my office. We used to have a guy who dumped off a dozen litres fresh milk a day in the break areas. Now I buy my own. That annoys me. Buying milk takes up cognitive space that I could use for other stuff. No milk annoys me way more than if we were to cut pension contribution cap by 1%. I save about 500 euro/month or so in the pension (I dont even know exactly how much, I just went with the cap). Lowering the cap by a percent would probably save about 50 euro / month per employee or so. There is no way I spend 50 euro / month on milk. Cutting the pension contribution cap by 1% would have been a worse deal financially for me, but the milk annoys me way more than a cap cut does.