The company I work for used to give out 10% raises. Well that changed in January. Now down to 3%. They never offered a 401k match until this month. This was good news after the compensation increase was lowered significantly. I finally got my first paycheck and was excited because, I like many, thought they were matching up to 10%. Which most companies do. Dollar for dollar. I was wrong. They’re putting in 10% of what I contribute. So if I contribute $30, they put in $3. What a joke.
The company I work for used to give out 10% raises. Well that changed in January. Now down to 3%. They never offered a 401k match until this month. This was good news after the compensation increase was lowered significantly. I finally got my first paycheck and was excited because, I like many, thought they were matching up to 10%. Which most companies do. Dollar for dollar. I was wrong. They’re putting in 10% of what I contribute. So if I contribute $30, they put in $3. What a joke.