{ "media_type": "text", "post_content": "Can someone explain the )4k incentive to the 401k account that EY mentioned in their daily news today? Don't get it.", "post_id": "588e61dca49fac0011e06093", "reply_count": 10, "vote_count": 1, "bowl_id": "564a5cdb94887803001dd07c", "bowl_name": "Accounting" }

Can someone explain the )4k incentive to the 401k account that EY mentioned in their daily news today? Don't get it.

like
Posting as :
works at
You are currently posting as works at

I don't ever look at the daily news lol

like

Manager and below who reach 2nd year anniversary with EY after Jan 1,2017 get a one time 4k contribution to 401k but...you have to make it to your 5 year anniversary for it to fully vest. So if you leave firm at 3 year anniversary you will only have a portion of that 4k in your account.

So if I've been with the firm 3 years I am not eligible for it? :))

😄😄😄why beating schedules in public accounting are such a joke?

^vesting

I think this is related to the change in the pension plan

So does the $4k hit on your second anniversary or before, as long as your 2nd anniversary comes after Jan 1 2017?

OP yes. EY 3, you qualify for it on your 2 year anniversary...applies to all 2 year anniversaries that occurr on or after Jan 1, 2017. So if your 2 year anniversary was on Dec 31, 2016 no $$. If your 2 year anniversary is on Feb, 1 2017 then on Feb 1 u get the $$ but then there are the vesting rules...

Does anybody know the vesting rules for our regular monthly 401k matches from the firm? Was trying to find that today and couldn't.

Man. I vested sooner than I did before the change. But I'm missing out on the $4k bonus. I'm not sure I should be happy or sad

Related Posts

Talked to a guy for a month and then we decided to just be friends with benefits. Since then our texts have mostly been about arranging our next hookup. I don’t think we are compatible in the long run, but we do share some hobbies so I kinda wish our texts have been less superficial. Anyone knows how to navigate this?

like

What is an appropriate amount to have for an all expense mortgage (property taxes, hoa, etc)? My income is a base of 140 with a bonus of around 15k. I currently contribute 100% to 401k and Roth. This leaves my normal paycheck at around 5k a month. I have about 200k towards a down payment. I want to get a place I won’t want to leave in a few years so I’m thinking of getting something more than a starter home but don’t want to be living paycheck to paycheck

like

Incoming 1st yr BigLaw associate (V50 in a big city). I am curious if there are networking benefits to having expensive work clothes/accessories. I went to school on scholarship so I don’t have tons of debt, but my parents aren’t rich so much of the culture is foreign to me. I have hobbies I would rather spend my discretionary income on. But if having a Rolex or wearing Brooks Brothers suits would improve my standing w partners or if dressing cheaper would hurt, then I’d suck it up. Pls advise

like

Getting free breakfast lunch and dinner everyday but still getting a per diem #boss status

like

Hi All. I am a Mom-to-be. Have ample of time to plan for the arrival. Looking to learn from the experiences of new parents here. Please share your experiences around: 1. Support system at home (during and after maternity leave) 2. Joining the workforce back after maternity leave. I have frequently seen women change companies after maternity leave. What changes at workplace?

like

Working an expo / benefits fair: what have you done that has worked in getting people to your table, and peaking their interest in an appointment? (Details continued in post)

like

I know the UK pays less but I am seeing differences of $80-100k for Advisory M at one of the Big 4. Why in the world are salaries so low? And don’t say healthcare. My healthcare is like $140/month for a PPO w low deductible. Plus taxes are less here. Makes the thought of a potential move over there hard :/

like

Anyone have luck speeding up 401k and/or RSU vesting schedule at your new company? Is this something that's negotiable?

like

Looking for inputs on career progression from experts. I am a PL/SQL developer (mostly in healthcare domain) from last 15 years and working remotely since last 5 years. I have some exposure of Cognos but many years back. Things are getting monotonous and I am looking for an advice to understand what related data technologies should I learn or certifications which will help in my career progression as not sure if PL/SQL is sustainable in a longer run.

like

California state disability insurance (SDI) payments for pregnancy taxable? My wife received a 1099G for her paid family leave benefits, but not her SDI benefits. Unsure if lost the 1099G for the SDI

like

How can I be considered a Rockstar at PwC/Consulting. I am in Healthcare Advisory.

like

I'm sure this has been asked but couldn't find it. What's accenture per diem like. Daily allowance or is it use it or lose it.

like

How far down the list is salary/benefits in reasons you stay in consulting?

like

PTO is not the same as Maternity Leave, people! Jesus.

likefunny

What is the health insurance provided by LTI? Is it floater or individual? Can I extend the cap of the insurance?

like

Best consulting firms in Houston for Healthcare?

like

Any thoughts on shifting 401k contributions from traditional to Roth with the new tax code changes? I'd imagine a lot of us benefit from lower tax brackets in 2018.

like

My current package is 5.5 LPA , 2 YoE. I have received offer of 7.5 LPA fixed + 1.5 L VP from Accenture. Should I accept the offer? Also how is the variable pay rollout and other benefits at accenture.

Was laid off in April by midsize and have had few interviews in following months. Working with various recruiters yet still no traction. Didn’t go to top tier law school and graduated with 3.2 gpa yet have 3 years experience and being lawyer was 2nd career.  Recently working with a boutique for per diem work who gave offer which is a lot lower than prior role (over $40k). Role would have no billables and practically 50% split—what are your thoughts?

like

Is Deloitte offering fuel reimbursement too? If yes, what is the policy around that?

like

Additional Posts

Has anyone given any thought to the possibility of keeping quarantined staff and students at school in a separate area and allow instruction to be monitored by said staff? I am not talking ones who are truly feeling ill but we have teachers who have had to ne home with allergy like symptoms...those teachers could monitor students who are also not feeling ill in an area a way from the nonquarantined student body...maybe other schools have students have students who work their hearts out not our

likehelpful

Has anyone had SPG points deposited into their account for stays that happened weeks or months ago (and were deposited correctly at the time of stay). Not complaining, anyone else double dipping?

like

Hi 🐠- long time lurker, first time follower. I have about $2k that I would like to explore investing. I am very new, but also young and have a high risk tolerance. I max out my 401k and Roth every year. Any advice on where to best put this cash?

like

Plan on moving to Dallas Texas next year. Currently with Deloitte MTS team and will be a senior at that time. Im wondering how the culture of the office is there? Also, how is the culture of the other firms. Im not opposed to moving firms. Just finished working three 80 hour weeks, so that would be a big plus to find a team where that is not expected on a regular basis!

like

Planning to apply to BCG. My buddy is an ‘Associate Director’ for BCG Platinion. Would a referral from him work if applying to BCG as a Generalist Consultant?

like

What are the case study interviews like at Deloitte?

like

Deloitte India offering Associate Director role. How is the work culture and work life balance? SCNO team.

like

I need to revamp my intervention plan for foul language in the classroom. I can’t believe what these middle schoolers are saying and how little admin. does about it.

like

Help! I have a T2 offer & need to hurry for the final decision. I also have a pending offer from AWS and I’m expecting an offer @ Netflix. Both Netflix and AWS are aware that I have the offer. AWS is rushing the final process (they need to put me in touch with a team manager in a different division before the offer). Netflix is silent for a week but i was told on last call that I passed the onsite interview and they wanted me on a higher/mgr level with a different team too. What would you do?

like

Hey Guys, I got an offer from IBM and wanted to understand how the PF deduction works. So the compensation breakup is like Fixed pay(basic+FBP) + Gratuity(4.8% of basic) + PF(12% of basic) Is the PF mentioned in the offer breakup, employers PF or employee PF? If its the employers PF, will the same amount(12% of basic) will again be deducted from my fixed as employee PF contribution?

like

R/GA twitter account is pivoting to truth bombs

Post Photo
likefunny

UNPOPULAR OPINION why don’t we not hate on every super bowl ad in our industry and celebrate the fact we made some pretty incredible shit during a global pandemic. The hate on this platform is wild. Oh and I’ll go first: I loved the Sam Adams spot and YouTube life in a day.

like

Junior working with ex v5 senior in M&A. He consistently asks me to turn major deliverables at the worst hours, think 10 pm Friday/Sat/Sun night “tonight” or “by tomorrow morning” even when there is no closing date in sight. When I push back he says my behavior is unacceptable. The times when I have been able to actually meet his expectations and give him the deliverable for review, he will get back to me with comments at least a week later. Sick of these false deadlines. Help

like

Can anyone tell me the Salary range for Deloitte India (DI) Associate Director role for SAP practice?

like

I'm going to be going to MBB over the summer as an intern. I'm also very interested in investing and buy side roles - what are the options I could look at for full time coming from my MBB internship?

like

What is the eligibility/requirement for maternity leave at Accenture? 1 year full time employment before you can take advantage of leave?

like

Is any USCIS processing center known to be not good for h1b? Not processing time wise but like lot of rejections and stuff

like

How do you communicate with employees who don't want to wear masks? Unbelievable to me people still have issues grasping this need.

like

Any tips for PwC interviews? Specifically People and Organization😊

like

How do I manage to secure interviews at McKinsey, BCG, OW and EY-P but can never get so much as a call back from Deloitte or Accenture? Maybe we’ve got to rethink these tiers 😂

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal