Employers are quietly pausing 401(k) matches again. The last time this happened was the 2008 recession and Covid

Employers are quietly pausing 401(k) matches again. The last time this happened was the 2008 recession and Covid

Could the beloved 401(k) match be next on the benefits chopping block? That looks to be the case for at least one technology services and outsourcing firm. TTEC recently paused 401(k) matches for its US-based employees, Business Insider reported on May 8. The company, which is headquartered in Austin, has about 16,000 staff in the US. TTEC’s chief people officer, Laura Butler, said in an April 30 memo that the pause would last nine months, and t…