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It's also a lot easier for a company to decrease the value of other benefits than it is to reduce salary. If you work for Disney and your park pass slowly beco
by jjwiseman 5y ago
It's also a lot easier for a company to decrease the value of other benefits than it is to reduce salary. If you work for Disney and your park pass slowly becomes less valuable over time because more and more dates are blocked out, that will probably cause much less consternation among employees than cutting their salaries.
- cableshaft 5y agoYep, joined a company that had solid benefits. Within two years they had switched from a PPO to a high deductible medical plan, killed all bonuses, and stopped their 401k match. But they didn't lower my salary! (It didn't go up either, they froze raises too). Major corporation, still kicking somehow six years later, although I hear they've lost a ridiculous amount of people and my former department is a pale shadow of what it used to be (50 people when I started, down to 5).