Accenture MDs - if you participate in VEIP, what is your % invest going into CY19? I really want to do the full 30% but as a new MD, but curious to hear others thought process / logic.

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Do the 30% if you can. It’s a significant component of your overall compensation package. Know that as a result, the amount deposited in your checking account is likely less then as a sr. Manager. You just need to get through one year and then you can sell what you put in. This January is the first year my RSUs vest from that and I am very thankful for the 50-60k extra bonus I am going to get in January and that I put all 30% in.

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Thanks all! Just curious to see what folks are doing but I intend to go the full 30. 😁

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OP and MD1–thank you for asking & answering! Also trying to sort out whether to play it conservative for the first year or try to stretch to the 30%

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I was conservative in first year, 5%. External experience hire direct admit to L4. It really wasn’t well explained to me what the program was, I understood that I needed to build towards ownership requirements, but because of my initial grant, it didn’t feel pressing to put a lot more in. The big match piece was really not explained. Started in late August, by the time enrolment came in Nov, I was still so new and trying to get my feet under me, that I randomly chose 5% knowing cash flow wouldn’t be hit. Wasn’t even sure if I’d like the firm / would stay the first full or 2 years. Then a year passed. And I only realized how massive the match can be from Accenture until AFTER the enrolment window in yr2 (didn’t have any close friend colleagues at MD level to have these discussions with). So I left a lot of money on the table. Bright side - I’m still at the firm, and am confident that will be here longer term, so planning on putting 30% in Nov.

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Most I know try to do the full 30% due to points above (even if they have to pull some savings that first year for monthly expenses).

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Maybe a lame question, can someone elaborate on how the 30% contribution translates to 50% RSU vesting in 2 years. Using the ESPP model, you get what you pay for, meaning whatever shares you purchase (disc inc) is the total you get. With VEIP, it seems you put in 30% but only get 15% worth RSUs after 2 years. Is that correct?

Are you asking from a risk perspective? If so, no one here can tell you what to do. Decide what you’re comfortable with if our stock declines 5, 10, 25%

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Accenture Accenture India
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