I have been at my little ESOP company now for almost 3 years, and they announced that effective immediately, due to insurance premiums, our 3% match of 50 cents on the dollar would be eliminated. I know it is/was not a very competitive match, but now...its gone.
Is there anything that can be done about this other than quitting my job? I am thinking about writing HR and the execs an email asking for an explaination.
I dont want to ruffle anyones feathers at w*rk, but we just finished up employee summer parties, which obviusly were an unnecessary expense, and the last time the stock was valued, it supposedly gained 18%! In a year! And that was in February of this year!
Something just smells fishy here. What do you all think?
Is there anything that can be done about this other than quitting my job? I am thinking about writing HR and the execs an email asking for an explaination.
I dont want to ruffle anyones feathers at w*rk, but we just finished up employee summer parties, which obviusly were an unnecessary expense, and the last time the stock was valued, it supposedly gained 18%! In a year! And that was in February of this year!
Something just smells fishy here. What do you all think?