#benefitcut

For decades, retirees had a pathetic $3,000 Humankind company match. Now it is suddenly dropped to $2,000. Successful companies actually increase these figures over time. Exxon and Conoco match $5,000, Shell $5,500. Yet another benefit reduction by our dying corp. What goes around comes around.

This has to mean more layoffs are coming right?

This is so asinine and an obvious employee dissatisfier that could it be they are doing it to push people over the top so they leave themselves? A lot less to pay in severance. I just can't imagine anyone making that decision on something that shouldn't cost the company that much. It's got to be strategic decision.

Retiree here. 30+ years in the mines. They told me my medical benefit credits would have some inflation indexation. But the competitive benefit landscape doesn’t include that, so… it’s gone! Thanks 3M! I wonder if the C-suite guys ever lose any of their Bennie’s…

Do you like the new more expensive, less coverage employee health insurance we’re being offered??? Pay more for less! Additionally, our pay has been cut through scheduled hourly staffing reductions.
God Bless,
Marvin

Why are people saying our benefits are being reduced? Where are you hearing this?

Has anyone noticed how our benefits are getting trimmed constantly? I just noticed how Humankind company matching went down ($10k match down to $7.5k). They used to offer 2 company “grants” of $500 for logging 40 hours of volunteer work. Not anymore! Just one now. What’s next from HR?

People will be getting a benefit survey, they will ask whether you want this or that. They are testing the waters to see how they can cut benefits and say “we listened to the survey and this is what you wanted.”

It wont shock me that they get rid of the pension all together

Say goodbye to that benefit!
New generation ruined it for everyone.

When we were told that they were cutting out some of our PTO,VTO, 401K and holidays to allign to the industry standard, I asked myself why are we not LEADING the industry standard. That is how quality staff is retained and businesses grow.

Did Humana just send an email acti by like positive changes were made and they basically hacked many of our benefits? This company has become a joke.

If anyone missed they are reducing the 401k / cash balance plan by 2 percent. SLT values young employees over tenured ones saying over 10 year employees receive too much vacation. KC you are the mini me of DR.