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
- Report: Pentagon warns against use of Lenovo gear, citing cybersecurity, China
- Inside Charlotte's startup scene: Surging - but with growing pains
- Veteran lawyer: Venture capital 'becoming increasingly irrelevant'
- How to grow a gigabit ecosystem - The Wilson story: A WRAL TechWire event
- A downer: NC's $100M per quarter in VC deals ends
- Triangle fiber wars intensify: Lightower expands Raleigh network
- NC venture deals dip below $100M in CB Insights report
- Analyst on PC wars: Don't underestimate Lenovo or overestimate HP
- Interim Research Triangle CEO's goal: Make sure Park 'does not miss a beat'
- As Fujitsu acquisition talk swirls, Lenovo keeps faith in PCs