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re: Now will be the time private companies will begin phasing out 401k contributions

Posted on 3/29/20 at 9:37 pm to
Posted by mmmmmbeeer
ATL
Member since Nov 2014
10189 posts
Posted on 3/29/20 at 9:37 pm to
quote:

What did you get on the pension buy back?


Not enough. To their credit, I did have the option to keep my pension. Thanks to contributions ending only a couple years after I was tenured, unless I was going to live to 110 it made sense to take the shitty buyout. I take incredible solace in knowing that my retirement was fricked by company leadership wanting to appease stockholders. Always gotta look out for those who are most important
Posted by nugget
Abrego Garcia Fan
Member since Dec 2009
15757 posts
Posted on 3/29/20 at 9:42 pm to
Stockholders hold the risk. You need some “pencil factory” in your life.
Posted by mmmmmbeeer
ATL
Member since Nov 2014
10189 posts
Posted on 3/29/20 at 9:44 pm to
quote:

Stockholders hold the risk.


Bondholders hold the risk. Stockholders are shite, as proven by every business bankruptcy in history.



I love when the Trumpists come out against workers. 20 years at a company and they think I deserve to be shat upon. You're a fricking embarrassment to real men.
Posted by nugget
Abrego Garcia Fan
Member since Dec 2009
15757 posts
Posted on 3/29/20 at 9:48 pm to
quote:

20 years at a company and they think I deserve to be shat upon.


I think it’s pretty pathetic to use the term deserve and real man in the same sentence. If you can’t take your life into your own hands, you shouldn’t thump your chest about your manliness. Enhance your skills to the point you’re marketable to other business and don’t play the victim card. If you were a talented enough, better companies would be knocking down your door.

quote:

I love when the Trumpists come out against workers.


I’m a worker. All a business is is someone who has traded their labor for capital. They have the right to run the business as they see fit. Are you no longer in a consensual relationship with your employer?
This post was edited on 3/29/20 at 9:50 pm
Posted by mmmmmbeeer
ATL
Member since Nov 2014
10189 posts
Posted on 3/29/20 at 9:53 pm to
quote:

I think it’s pretty pathetic to use the term deserve and real man in the same sentence. If you can’t take your life into your own hands, you shouldn’t thump your chest about your manliness. Enhance your skills to the point you’re marketable to other business and don’t play the victim card. If you were a talented enough, better companies would be knocking down your door.


Uh, they have been knocking. I don't take it because I like where I'm at. Six figures, unlimited PTO, WFH full time. I could get a 50% pay raise by taking a new job tomorrow. Unfortunately, loyalty and "wanting to see things through" are important to me, as they are in most "real men". Sorry you've never been valued enough in a job to know that the platitudes you toss about so effortlessly are not relevant to those of use truly valued by our employers.
Posted by mmmmmbeeer
ATL
Member since Nov 2014
10189 posts
Posted on 3/29/20 at 9:55 pm to
quote:

I’m a worker. All a business is is someone who has traded their labor for capital. They have the right to run the business as they see fit. Are you no longer in a consensual relationship with your employer?



I guarantee you've never held a senior position, nor have you ever worked anywhere for greater than 10 years. Sad!
Posted by IAmNERD
Member since May 2017
24512 posts
Posted on 3/29/20 at 9:59 pm to
A guy on the radio the other day said the company that owns the radio station already put a hold on matching contributions. Can't remember which company it was. Maybe iheart or cumulus.
Posted by nugget
Abrego Garcia Fan
Member since Dec 2009
15757 posts
Posted on 3/29/20 at 9:59 pm to
quote:

relevant to those of use truly valued by our employers.


Weren’t you just crying because of mean old stockholder and muh corporations holding you down lmao? You need to get out of your feelings before you can have a real conversation. You argue with emotions over logic and business sense like a 15 year old girl. Guess that’s why engineers aren’t businessmen.
Posted by nugget
Abrego Garcia Fan
Member since Dec 2009
15757 posts
Posted on 3/29/20 at 10:00 pm to
quote:

nor have you ever worked anywhere for greater than 10 years.


What an amazing badge of honor
This post was edited on 3/29/20 at 10:04 pm
Posted by Xignals
Pits of Hell
Member since Nov 2013
1689 posts
Posted on 3/29/20 at 10:06 pm to
Done and a 25% pay cut. At least I am allowed to work from home. For the next two weeks. Then my guess is I will be laid off.

Good times.
Posted by mmmmmbeeer
ATL
Member since Nov 2014
10189 posts
Posted on 3/29/20 at 10:10 pm to
quote:

Done and a 25% pay cut. At least I am allowed to work from home. For the next two weeks. Then my guess is I will be laid off.

Good times.


Don't worry. The "real men" of the OT have your employer's back.
Posted by Icansee4miles
Trolling the Tickfaw
Member since Jan 2007
32331 posts
Posted on 3/29/20 at 10:12 pm to
Idiot. The employees of companies with 401k programs are the ones paying taxes for all the rapidly breeding leeches to live on the dole and vote for the Democrats.
Posted by mmmmmbeeer
ATL
Member since Nov 2014
10189 posts
Posted on 3/29/20 at 10:13 pm to
quote:

Idiot. The employees of companies with 401k programs are the ones paying taxes for all the rapidly breeding leeches to live on the dole and vote for the Democrats.


WWG1WGA, amiright?
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 3/29/20 at 10:13 pm to
quote:

Idiot. The employees of companies with 401k programs are the ones paying taxes for all the rapidly breeding leeches to live on the dole and vote for the Democrats.


That's his point.

Your taxes go up or at minimum stay the same, yet wages have stagnated for decades.
This post was edited on 3/29/20 at 10:14 pm
Posted by AUCE05
Member since Dec 2009
45425 posts
Posted on 3/29/20 at 10:26 pm to
I got a pension. Always worried they will offer some redic 5k per year offer
Posted by nugget
Abrego Garcia Fan
Member since Dec 2009
15757 posts
Posted on 3/29/20 at 10:32 pm to
quote:

The "real men" of the OT have your employer's back.


I’m really curious as to how your sexual insecurities found their way into this thread
Posted by lsu xman
Member since Oct 2006
17020 posts
Posted on 3/29/20 at 10:37 pm to
Will they continue to push $15/hr min wage?

Forgiving school loans?
Posted by Bengalbio
Member since Feb 2017
2218 posts
Posted on 3/29/20 at 10:46 pm to
Why should a company help you retire? Suck it up. Don’t have enough? Tough shite.
Posted by mmmmmbeeer
ATL
Member since Nov 2014
10189 posts
Posted on 3/29/20 at 10:55 pm to
quote:

Why should a company help you retire? Suck it up. Don’t have enough? Tough shite.


WTF is wrong with y'all?

You work somewhere 45 years, it's unreasonable to think they should offer you some support after you retire?
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
38540 posts
Posted on 3/29/20 at 10:57 pm to
Guess what else companies won't be able to afford?
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