Month: September 2020

Verizon? What Corporation will do to Save Their Dividends

Verizon has chosen not to layoff employees during the pandemic. However, Verizon was already planning to cut $10 billion in spending by 2021. This plan was put in place before the pandemic hit. It’s hard to believe they’ve been able to keep all their workers on payroll and continue to cut costs. Without using traditional

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Northrop Grumman? What Corporations Will do to Save Their Dividends

Fortune 500 companies have been scrambling to protect their dividends and keep their shareholders happy. The results have been generally negative for workers at those companies. This trend has affected companies in many different industries. This begs the question, what would Northrop Grumman do to save their dividend? To get a better idea let’s take

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Will Northrop Grumman Freeze Its Pension?

Corporations in almost every industry are in the process of trying to cut costs to help deal with the economic downturn brought on by the Coronavirus.  The pandemic has taken a toll on the entire economy and companies need to take drastic measures in order to stay afloat. AT&T, for example, has expressed a goal

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Will ConocoPhillips Stop Matching 401(k) Contributions?

ConocoPhillips is in the process of cutting costs to help cope with the current recession caused by the pandemic.  Coronavirus took a toll on the entire economy, but it came down on the oil & gas industry especially hard. According to S&P Global, ConocoPhillips announced plans to cut an additional $1.6 billion in operating expenditures,

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Top 5 Videos Watched by AT&T Employees

Check out the most viewed videos from AT&T employees. See what kind of AT&T content is being viewed most by current and former members of the AT&T community. Topics range from informative to comedic and even nostalgic. Enjoy! 1. Colbert Report Explaining AT&T’s History Employees who have been with AT&T for a long time know

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Chevron Once Again Has Record Low Interest Rates

As a recruiter some of my clients ask me, “when would be a good time to leave my company?” Obviously that decision needs to be made based on an employee’s individual circumstances, but interest rates can be a major factor. Chevron employees who plan on leaving the company this year will be delighted to hear

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Will Northrop Grumman Stop Offering a Pension Lump-Sum Option?

The novel coronavirus has caused almost every economic industry major strife over the last 6 months. However, corporations were struggling with their pension liabilities long before the pandemic hit. According to Mercer’s 2020 Defined Benefit Outlook, at the end of 2019 the average pension fund only had 85% of their pension liabilities covered, while 63%

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