"My employer cut 401(k) matching at the end of the fiscal year (ours ends in March). They said that due to market fluctuations, they preferred to allocate the funds to other programs. Salaries have been frozen since the Spring of 2008."
-- Michele A., Cleveland
"There have been no changes to our benefits structure. However, our company doesn't disclose 401(k) matching until the end of the year -- when they do a lump sump deposit into each employee's account. We might be losing the matching this year and just not know about it yet."
-- M.W.R. Laguna Beach, Calif.
"Our company was recently sold and the new owners have cut salary, commission fees and altered the structure of the health insurance benefits to match the plan that covers the other divisions of the newly formed company."
-- Victor M. Fort Lauderdale, Fla.
"My company has cancelled the training programs that made me take their job offer in the first place. They claim that in this economic climate it was very hard to gauge if their investment in education was really paying off."
-- A.M.G., Hartford, Conn.
46% of Americans say that because of recent economic events they are taking a greater interest in understanding the benefits they receive.
1/3 of workers are concerned that employers will reduce workplace benefits offerings or coverage levels over the next 12 months.
