As a recruiter I’m often asked about benefit packages offered by certain companies. Over the last year many Fortune 500 companies have made substantive changes to employees’ benefits with most of the changes hurting the workers. We’ve seen many large corporations choose to cut employee benefits whether that be pension, 401(k), or healthcare. Verizon created
Tag: PG&E
Pacific Gas & Electric (PG&E) was struggling financially well before the coronavirus took its toll on the American economy. According to the New York Times, PG&E emerged from bankruptcy in late June after putting $5.4 billion and 22.19% of its stock into a trust for victims of wildfires. This of course is a result of
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
As a recruiter, I see clients who also need access to funds BEFORE they find their next job and these are a few ideas. Lets first discuss the details of what is called “In- Service Withdrawal”. In-Service Withdrawals General Rules: You may withdraw amounts from your account while still employed by an employer under the
As a recruiter, I inform my PG&E clients it is important that you take the time to review your 401(k) plan and make any changes that fit your needs. Lets discuss some important concepts you need to know for reviewing your 401(k) plan. When is the last time you reviewed your 401(k) plan account or
As a recruiter it is my job to put my clients in the best position possible for them to succeed. Most of the time this simply means finding a company with an employment opportunity that fits their needs. However, my clients often ask me about other factors, like their 401(k), pension plan, benefits package and
Despite what most folks think, you do not have to file for unemployment benefits immediately after getting laid off. While many people certainly need the money and cushion, others may have more flexibility in when they can claim their benefits. If you’re a part of the latter, it would be wise to weigh your options