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Honestly, which do you think is most likely? 1) Your HR department is part of a nation-wide conspiracy to prop up stock market prices. 2) Your HR department i
by hellogoodbyeeee 10y ago
Honestly, which do you think is most likely?
1) Your HR department is part of a nation-wide conspiracy to prop up stock market prices.
2) Your HR department is trying to help their employees be properly prepared for retirement.
- forgottenpass 10y ago3) HR don't give a fuck, and are just told to do the thing the business wants to do because it is incenivized to do so. The benefit to the employees and ability for HR to feel positive about their position in the role are arbitrary. The employees could also suffer when business wants to do something that negatively impacts them, and HR can be used to carry that out too. e.g: Switching to a shittier health plan to save money.
- TheCoelacanth 10y agoThe most likely is 3) Your HR department doesn't want their highly compensated employees' contributions to be rejected because the plan is top-heavy and is too cheap to make a safe harbor contribution to avoid that.