IBM changes 401(k) contribution plan; some workers revolt
Research Triangle Park, N.C. — IBM announces that it will no longer make 401(k) contributions to employees on a twice yearly basis but only annually in 2013. Plus, employees must be employed by Dec. 15 of each year in order to receive the company's match. The move angers IBM some employees, and the union seeking to represent them wants the decision reversed....
WRAL TechWire Publisher and Editor Rick Smith dishes out tidbits from the local technology sector. Read more articles…
Please Log In to add a comment.
Best of TechWire Insider
- Humbug! Google delays fiber news until 'after the holidays'
- RTP's new era nears launch: 'The Frontier' to premier Jan. 15
- Nov. open high-tech jobs in NC at highest level in 3 years
- Winston-Salem startup joins fight against Ebola with eData
- Tech giants warn: Just say 'No' to net regulation
- Be fit, be smart: Check data accuracy before buying that wearable for Christmas
- No Google Fiber news today; Raleigh exec 'still expecting year-end decision'
- VCs launch a diversity task force - years too late but better than never
- Fiber event shines spotlight on RTP as gigabit era begins
- Shark Tank investor bets $20,000 on Raleigh startup WedPics