Thread regarding ADP layoffs

More Companies Weigh Cutting 401(k) Match in Pandemic Pinch

Companies see suspensions as a way to boost cash flow and avoid or limit job cuts – although furloughs and layoffs have been plentiful this year. In some cases, the extent of furloughs obviates the need to act on the match.

ADP - what is your plan?

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| 1405 views | | 7 replies (last )
Post ID: @OP+15oKsTvv

7 replies (most recent on top)

"Would you like Vaseline with that?" or "It will be fine when the swelling goes down!" or "This is gonna hurt me more than it hurts you." Carlos has a million of 'em.

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Post ID: @6xdr+15oKsTvv

I think what ADP was suppose to say is "we stabbed you in the back."

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Post ID: @5vtv+15oKsTvv

I had to LAUGH. I was on a website and a ton of ADP marketing pop-ups came up. One of them said "We've got your back. 70 years of payroll experience." Really? You've got our backs? Whose back do you have? (certainly not the employees!)

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Post ID: @5oul+15oKsTvv

If freezing matching for a period of time means saving jobs, I’m good with that. I mean it would s- - k, but i would get over it.

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Post ID: @5ugo+15oKsTvv

"We've never done better than we're doing today." But tomorrow's coming.

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Post ID: @1yqn+15oKsTvv

As the CEO has stated: "I am afraid if it helps the shareholders more than the employees that is what we will do."

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Post ID: @ufm+15oKsTvv

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