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$2bn tech consulting firm TTEC pauses 401(k) contributions for staff

Business Insider·Polly Thompson·25 days ago
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A $2 billion tech firm is pausing 401(k) contributions for staff in the latest corporate benefit rollback RUNSTUDIO/Getty Images TTEC, a customer experience technology and services firm, is pausing 401(k) matches for US staff. The move echoes recent rollbacks of core benefits, including PTO and pensions, at Deloitte and Zoom. A top TTEC executive cited the example of professional services firms in a meeting. The corporate benefits rollback is spreading. TTEC, a global customer experience outsourcing and technology services provider, has paused its 401(k) matches for US staff through the end of 2026, according to an internal memo seen by Business Insider. "We have made the difficult decision to suspend the discretionary company match to the TTEC 401(k) program, effective Q2 2026," said Laura Butler, TTEC's chief people officer, in the April 30 memo.…

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