Why most employers aren’t like Starbucks and Costco

[liberal N proud]

26. The company I have spent 30 years at went from one side to the other a few years ago

We once had signs in all our facilities boasting that "People are our most important asset"

When they removed those signs, they began the process of cutting benefits one by one and pay raises were no longer guaranteed annually.

At one time, the company put money in a Stock Option plan where they double matched up to 12% of your paycheck. At first they reduced the offering to a simple 1 for 1 match, then the reduced the limit to 3% of your pay check that they would match. Then after dropping the match last year, last Friday, we got a notice from the Investment company that manages our retirement plan that our company would no longer contribute and we would no longer be allowed to contribute and that what we had in the fund would need to be moved elsewhere. The company didn't even have the guts to tell us about this change themselves and let the investment company do it.

They have frozen our retirement accounts and eliminated education assistance, took a week of vacation away and cut life insurance and Long Term Disability insurance.

I have seen what it was like to work for a Starbucks or Costco and seen the other side all without leaving the company I work for.