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Hi fishes! I had asked for benefits other than CTC which Bank of America provides & now that I've completed 1 month here, here's the list of allowances you'll be getting irrespective of position/band:
1. Sodexo: 1300 p.m./ 15,600 p.a.
2. Transport allowance: 900 one way, 1800 two ways p.m./ 21,600 p.a.
3. Internet: 1500 max p.m. (other than that, one time installation charges)
4. Tuition fee: Any certification related to your field. Like CFA, FRM etc. 3,00,000 p.a.
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Hi everyone!
Debating between an offer from 200 employee company vs Zoom (the company).
The smaller company has good benefits, great wlb and a great culture per Glassdoor reviews. But its an HR software and not easy to sell.
Compensation is similar.
Never worked in a big company like zoom before, what are the pros, and the drawbacks?
Zoom
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Summer break is killing me, need a Sunday Race day.
How to find Visa Sponsored jobs on LinkedIn?
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Is there any requirement for salesforce guys?
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Perpetually looking for a job *sigh*
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Started at 25, contributed 5% with the company matching another 5% (so 10% a yr). In my late 40s now, the balance is getting quite significant. I would suggest start contributing right away if you can.
Started at 19, then had to be ‘refunded’ because the company I worked for didn’t know the minimum age to contribute is 21.
25. The old saying “it’s never too late” is true. I’ve been in the retirement business my whole career. With the corporate shift away traditional pensions to defined contribution plans (401k, 403b, etc), the oneness is on the employee. Start contributing today. If your employer has a match, contribute at least enough to get that full match. It may seem like you are losing income but part of it is offset by your tax savings from the contributions. Adjust your lifestyle for the rest (just cut out little things that add up like daily coffee at Starbucks). The fact of the matter is that you can’t afford not to contribute. When you are at retirement age, you may not be able to just “work longer” like many seem to plan.
Started immediately out of college and increased my contribution every year when we received annual merit. Been maxing out for 2 years and considering a ROTH
Didn’t do it with part time jobs in college or internships, but immediately with my first full time paycheck after college so 21. Been maxing out for the last 3 years almost.
25 and not contributing. I’d like to start but I need that extra income to pay off cc debt. When that’s done, I’ll rebudget that amount towards it.
Rising Star
Started 24 or 25 with my first job out of college. Only contributed what I could afford at the time which was like 5% (which was my company match.) I regret not contributing more in my early years but only so much you can contribute when making $38k.
21 - immediately after college, been maxing it for 2 years now
Rising Star
I was 26. Up until that point I didn’t have jobs that offered it. I think I’m in ok shape now. At 32 I have 60k in there
23 in my first full time career - same company I’m at now at 32. I absolutely regret not doing 401k in my other jobs after 18 and I’ll be advising my kids to start immediately when they have the option.
I’m now contributing the max and at 32, only have about 100k. I don’t think it’s nearly enough for my age since I want to retire earlier around 45-50.
25. Did 3% first year, then 6% the next year to get the full match plus an additional 3%. So currently I have a total of 15%. I definitely advise to start ASAP. No need to start with the full match if you need the income now, gradual increase is better than nothing.