3 ms·
Does anyone know if Red Hat employees are equally screwed? They were exempt from the IBM 401k-match-only-at-end-of-year game.
by pinewurst 3y ago
Does anyone know if Red Hat employees are equally screwed? They were exempt from the IBM 401k-match-only-at-end-of-year game.
- dralley 3y agoOur 401k (and health insurance, etc.) is completely separate from IBM so I doubt it.
- wredue 3y agoThat’ll change, although IBMs playbook is usually to grandfather people. The reason they do this is to create divides between employees. At some point, if you’re a late retiree, you’ll be one of that last on the better plan, and all the younger guys will actively support measures to get rid of you, cause of course your more expensive pension is totally the reason why raises cannot go out.