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Unlimited PTO is not the problem

Why aren't we complaining about the laughable 401K match or the limited medical coverage? CDW could contribute $10K to our 401k's today and that would mean more to me than a few days of vacation pay when I leave, or beef up the medical or just give reasonable cola increases? 3% isn't close to actual anything when our base pay isn't even average ---so maybe we should focus on overall benefits that would be incentives to stay.
Calling them merit raises is insulting to people who work hard for this company and get little recognition, but we always seem to find the big money to pay those directors and vp's . Cut the exec pay and use it to pay the people who do the work, then we could have less need for layoffs


PSA - PUBLIC SERVICE ANNOUNCEMENT from someone who has "been there, done that" recently:

Change your 401k automatic payroll deduction to 0 ASAP!

If you got laid off, cash is king, don't worry about retirement at this moment - changing to 0 will increase your paychecks for the non-working notice period. If you think you might be laid off or know you are going to be in next round, keep this tip in mind. FYI - if you lose access, you can still get this info via Total Comp Online.

Benefits - Make all medical, dental, eye doctor appointments and refill all prescriptions ASAP. I called my doctor to tell them I was laid off and they called in extra refills for me. Anything you have been putting off, get done now. I had a couple procedures I'd been postponing due to work.

If you have the Vision insurance, it starts fresh every January - it does not matter if you got new glasses in December. I got new sunglasses I desperately needed and my kid got a new pair of regular glasses.

There are a lot of emotions that come with this, so stay strong and I believe we will all end up better off from this down the road. Peace.


It’s gonna be a while…

I was in the BenefitSolver to do something and noticed a new “Leaving T-Mobile” with resources for those laid off. It has a schedule for calls about benefits and severance, and those are basically every Wednesday through the end of April. If I got laid off last week I’d want to know all the details so why would I wait until the end of April?  Makes me think this won’t be over by end of Feb like many of us hope. 


Post RA invoice

Anybody else from the November RA (last day 12/31/2025) receive an invoice from IBM for "Outstanding Uncollected Amount Due"? Just received a statement that does not specify WHAT benefits I'm being billed a Balance Due for.


You know what su-ks?

Having to deal with constant reorgs, layoffs, an increasingly toxic culture, shrinking benefits, and all the other nonsense would be easier to swallow if we were at least paid well. Instead, we’re paid less than most of our competitors, which just adds insult to injury. There’s no upside to working here. None.


Total number of employees-Informational

The 10-K filing is now published.

As of 12/31/2025:
Total # of Employees: 133,030
Number of Retirees/Beneficiaries: ~477,000

Compared to 12/31/2024:
Total # of Employees: 140,990
Number of Retirees/Beneficiaries: ~496,000

They no longer breadkdown by domestic/international, age ranges, ethnicity, or anything else. Interestingly, they claimed 43% of the workforce is represented by collective bargaining which is unchanged from last year's, and still higher than previous years' 42%.


Question about insurance coverage

My last day of non-working notice period is on Friday..I resigned and am going elsewhere and my notice period was converted to non-working notice with pay and benefits intact through this Friday. There is a 5 day gap with when I start with the new company and will be on their insurance from Day 1. Will Citi's insurance coverage expire at midnight on Friday or does it carry forward till the end of the month?

TIA

And to all those looking to get out of here - keep at it. Applying and activating network. It might take a while (took me nearly a year) but keep up the spirit, don't feel dejected if rejected even after multiple interview rounds..dust yourself and pick up again. The market is tough with layoff's. Keep the faith


Severance package on Sparq

Everyone should know what the severance package looks like for their grade level and years of service, as published in Sparq. For non-managers, you may be surprised by how few weeks are paid out. The severance package is unlikely to carry you until you find a new job. Use your floating holiday early in the year before using any PTO.


How much do CWA retire health benefits cost??

Anyone know the answer?? When you call HR they are useless. Apparently its a formula but no one knows anything. I’ve seriously had it with this Company. I will fight right be side my union brothers and sisters if theres no contract but I really need to leave this toxic environment. Im only 51 not eligible for medicare so I would like to know what the out of pocket expense is. I literally had one HR rep tell me 27-34k per year theres no way thats true. And my union reps are useless too.


Team Member Checking question

Hello, Does a Team Member Checking stay a Team Member Checking through the 60 day Non working employee period? Is it possible it could stay a Team Member Checking for the other 12 months of severance when the 60 days expires? BTW, Wells Fargo has excellent service for check ordering. I was worried with the Ice and bad weather it may take more than 10-14 days for my checks to arrive. I received them today. Thank you Wells Fargo and your check supplier.


Read this if you’re a client or employee

Jones has a proud legacy…100+ years of being a truly client and associate oriented firm. As an associate of this firm who has also had extensive experience outside of the firm, I can confidently say THESE DAYS ARE OVER, and I highly recommend reconsidering your affiliation with this firm.

What happened? It’s not a unique story to EJ, but the downfall has been swift and it’s rooted in one phrase: Failed Leadership.

Back when Penny was appointed Managing Partner in ‘19, the MP talent bench was already weak to begin with - she and Ken C were the only viable choices the firm had internally and there was no appetite to go outside. If I had to chose from that lineup, I would have taken Penny any day and twice on Sunday - as Ken C has no business leading a function, let alone the entire firm.

On its face, the choice of Penny wasn’t entirely terrible - she is intellectual, well spoken, been an advisor, broad based in the firm’s business - and the first female MP. And she dresses to impress, of course!

But Penny’s weakness was on full display in her track record - picking talent around her. This would be a knockout gap for a CEO candidate in any company, let alone one leading a business transformation.

Over the next 5 years, this gap became amplified in a massive way:

She kept inept legacy leaders in key roles - Ken C, Lisa D and KJ among them - allowing them pull her into their own ineptitude. She promoted truly horrible talent like Andy M, Suzan M who are small time at best. And she hired some outside talent like Hasan and David C that while intellectually strong, were “scratch and dent” leaders in their prior companies - deemed not promotable because of narcissistic or egotistical behavior. And that says a LOT at places like Citi or Goldman.

Bad leadership ki-ls companies. If you are a client, consider the decisions being made affecting you and your money:

  • Raising fees you are paying to line the pockets of greedy executives
  • Sending your personal information overseas as part of outsourcing projects to drive higher profits
  • Treating employees and branch teams who handle your money and services like they are second class citizens - including not paying market wages.
  • Technology that doesn’t work half the time and that your branch teams are helpless to fix

If you’re an associate, you feel the impact of this leadership everyday - the visceral disdain ELT members demonstrate for you as associates. You’ve heard it directly from David C’s mouth in town halls - but it’s even more evident in action: Pathetic wages/benefits; targeting firings of anyone who dares to challenge; promotions for toxic but loyal leaders; poor quality front line managers. The disdain is so strong that some say it feels like ELT places the blame for their own failures on the backs of associates. The paradigm is that associates are entitled, overpaid and underworked.

The company is not bankrupt financially, but I can assure you that it is from a leadership perspective. Rest assured one will blend with another over time.

I sincerely hope if you are a client or an employee that you reconsider your affiliation with Edward Jones - for your own good.