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.
Latest for Insiders
- Red Hat sizzles: Stock soars to 2nd highest all-time price
- Will new NC crowdfunding bill ('Paces') bring clarity, win passage?
- WTW's 'Full Steam Ahead Award' field is set; cast your vote today
- Red Hat earnings: Another surprise or will strong dollar wreak havoc?
- Internet providers file lawsuits against FCC 'net neutrality' rules
- RDU's wireless access plunges in latest report on performance
- After 7-year run, NCTA pults hold on high-tech jobs report
- Despite Bill Gates' warning, will world prepare for the next Ebola?
- Want to cut cable costs? Buying a modem may make dollars and sense
- So what do Lenovo executive changes mean to Triangle? To company?