Next year, of course. Memo also mentioned a “true up” contribution.
Sounds like they’re losing too many people!
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Well they decided to evaluate things sooner because they are losing so many experienced people. Let's post on the board 401k re-establishment. This is a nice way of saying we're going to jack up your health insurance costs and it won't taste as bad in your mouth
That "true up" would probably be $500-1000. I guarantee if there is one there will be a layoff before it's given.
Health insurance most likely will be paid less from Commscope meaning we the workers will pay more and also HSA will be cut some if not cut all out
There will be a lot of cuts and workforce reductions until Jan…
True up.. of a year of 401k contribution !? Seriously doubt it.
I say, More empty promises till it happens and shouldn't stop anyone from taking an offer.
That’s what the original agreement was, that they will reevaluate Jan 1. Im sure they cut plenty of the pieces that they wanted to I’d imagine