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The Water Cooler
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College Grad Not Liking the 40hr Work Week
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<blockquote data-quote="dennishoddy" data-source="post: 4146627" data-attributes="member: 5412"><p>The 401K vs pension retirement programs pretty much fixed that issue. They can fire you but your 401K isn't affected. It just moves along to the next job unless you want to keep it at the past employer. It has to meet a certain threshold of $$ amount to do that though.</p><p>When I left one employer, I met that threshold. They paid for all stock transactions, so I day traded it for years without working for them, making one hell of a profit in the process while building another 401K in the company I went to. </p><p>I do agree about companies not rewarding dedication and long service. One of my co-workers retired with three years of sick leave built up that he gave back to the company. His greatest disappointment at his retirement ceremony when he got a couple hundred bucks of trinkets and a handshake was that they didn't acknowledge his three years of sick leave. He retired three years before me. I left them zero in sick leave when there was a year on the books.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 4146627, member: 5412"] The 401K vs pension retirement programs pretty much fixed that issue. They can fire you but your 401K isn't affected. It just moves along to the next job unless you want to keep it at the past employer. It has to meet a certain threshold of $$ amount to do that though. When I left one employer, I met that threshold. They paid for all stock transactions, so I day traded it for years without working for them, making one hell of a profit in the process while building another 401K in the company I went to. I do agree about companies not rewarding dedication and long service. One of my co-workers retired with three years of sick leave built up that he gave back to the company. His greatest disappointment at his retirement ceremony when he got a couple hundred bucks of trinkets and a handshake was that they didn't acknowledge his three years of sick leave. He retired three years before me. I left them zero in sick leave when there was a year on the books. [/QUOTE]
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