“I’m saying if a company largely has lower-income employees they will do it but not if they’re largely stagged with middle-to-upper-income types. Just like the companies with lower-income employees have been cutting them back to under 30 hours now, but not companies with a more educated and higher paid workforce.”
You obviously didn’t hear how IBM cut benefits for its retirees and have no idea how many contractors IBM relies on......
Retirees are a whole different story. Obviously there’s a long-term trend of companies moving away from funding their employees’ retirement. It’s not even much of an incentive for employees to have a retirement plan when they know it’s in jeopardy if the company ever goes belly up.
However companies do offer incentives of matching 401K contributions to keep good employees. That’s not something they have to do, it’s one of those incentives like health insurance that employees like to see because they get the benefit in real time.