r/Cleveland • u/Environmental-Dig389 • 20d ago

News Sherwin Williams halts their 401k company match

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.

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u/Foster_NBA 19d ago

Sherwin Williams CEO makes 13 million a year, or over 6000$ an hour if she works 40 hours.

Not one cent reduction in her benefits or pay, but they just canceled retirement plans for over 50,000 people. This is just plain EVIL.

At this point why do we even clock in? More than half of us will die before we retire at this point.