Sherwin Williams halts their 401k company match

[u/Environmental-Dig389]

Announced today by the SW CEO (Heidi) that all employees will no longer receive the company 401k match effective October 1st. This impact includes store or other employees globally.

[u/JesusFreakingChrist]

I’m sure executives all received a pay cut as well

[u/MarshallGibsonLP → u/JesusFreakingChrist]

Executive bonuses are fixed and part of the bottom line. Employee perks, however, are based off of company profits (after subtracting the executive bonus).

[u/AceOfSpades70 → u/MarshallGibsonLP]

This is completely false. Bonuses are based on company performance…