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TopicTax cut went towards stock buybacks, not wages
Darkman124
06/28/18 10:39:10 AM
#57:


SK8T3R215 posted...
Esrac posted...
They offer a 401K program, but they only contribute $0.25 for every $1 the employee contributes, up to 6% of the employee's wage.


That's a P good match


depends on whether it's matching 1.25% max for an employee contrib of 6% (which is a shitty match) or 6% for an employee contrib of 24% (which is a good match)

my employer does 10.5% max, if I contrib 4%, but they're way ahead of the pack.

Questionmarktarius posted...
Waiting for someone to do it for you is never a good strategy.


The original discussion was whether workers benefited in a significant way from stock buybacks, and the answer is fairly concretely no.
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