TO: All employees; Victoria Media
FROM: Brandon Rammrath, President B.R
DATE: April 18 2011
SUBJECT: Adjustment of the Retirement Contribution Scheme
Due to the heightening costs of health insurance, the board of directors regrets to announce a decision to reduce the company’s contribution to the retirement plan from the current 7% of each employee’s monthly gross pay to 4% of their gross monthly income beginning 1st January 2012.
However, the new Retirement Contribution Plan allows willing employees to successively raise their monthly contribution from the usual 7% up to 11% of their monthly pay to compensate for the 3 % reduction of the company’s contribution.
The Health insurance program generally remains unchanged for the concerned parties, even as the costs to the company continue to soar.
Are you looking for a similar paper or any other quality academic essay? Then look no further. Our research paper writing service is what you require. Our team of experienced writers is on standby to deliver to you an original paper as per your specified instructions with zero plagiarism guaranteed. This is the perfect way you can prepare your own unique academic paper and score the grades you deserve.
Use the order calculator below and get started! Contact our live support team for any assistance or inquiry.[order_calculator]