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Companies used to provide pensions as an incentive to stay at the company long term and not change employers, but really most of them don't care to plan for emp
by dv_dt 9y ago
Companies used to provide pensions as an incentive to stay at the company long term and not change employers, but really most of them don't care to plan for employees to stay and be developed long term.. so accordingly no pension plan is offered either.
Even ones that still offer pensions, if the support isn't there then it's in conflict with how a pension matures it's benefits. Many companies treat workers as interchangable cogs and don't provide/encourage for any exceptional wage or career growth or training. So to move upward one has to change companies - dropping (or at best pausing) the pension.
Not all companies are like this, but many (most) are. I thought this all was pretty widely understood?
- rhizome 9y agoSo...it's not that people have to change jobs because pensions don't really exist anymore, it's that there aren't really pensions because companies don't give a shit about employees anymore? I guess that's a reason other than pensions, technically.