Does 401k count as savings?
Hi fishes, Need suggestion which one to join PwC India or Infosys YOE 3+ SAP functional Associate consultant role PwC offers me 9 LPA + variable pay Infosys offers total ctc 9.6 LPA
Which is better to join and in terms of WLB, hikes , bonus, Work culture etc..
As I'm shifting frm domain based company into full time consultant firm.
Best bachelor party cities?
Did 4 rounds of interviews. Last 2 with 2 partners at EY. Haven’t heard back even after 1 month. One partner even commented “you will be a good addition to the team”. Hiring manager gave EY email after her interview call with me.
Fast forward two weeks, no communication. Recruiting was surprised that I was still chasing for this position, month later. Got to know last week that hiring team was continuing to interview candidates. Should I drop the idea to get hired? EY hasn’t rejected me yet.
Accenture - interviewing for Asset Management - Consultant. Coming from industry, made it onto ‘Skills Interview’ website makes it out to be an in-depth resume review. Any additional info on the process. Also, any tips moving forward in interview process, especially given industry - consulting transition. Thanks!
Hi all, I just got a job offer at PwC for a senior consultant position. The salary is 30% above my total comp right now, but I’m just worried about the amount of work I will have to put in compared to my amazing work life balance now. Does anyone have any experience moving from industry to consulting? I need some advice on what to do. I’m still early in my career (1.4yoe) so I feel like I shouldn’t care too much about wlb, but at the same time, I don’t want my mental health to suffer either.
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Okay, so here’s how the new 401k works:
-6% employer contribution every year on total W2 wages, not just base (even your first)
-There is no expectation of employee contribution so it is not a match. You can contribute if you want, or you could put that money in another account with more diverse investment options. Either way you get 6% of W2 salary, even if your contribution is 0.
-The vesting period is 3 years and is 100% after 3. We used to have a 20/40/60/100% vesting structure at 2/3/4/5 years. Now it’s all or nothing at 3.
-Firm contribution is deposited on or around 2/10 every year.
OP, I think they were saying if you leave in your first two years 0% is vested, which is true.
This is by far the best 401k plan in the B4 currently.
I read that you have to be at KPMG for a year as of EOY before you're eligible for the 6%. Is this true?
If I started in mid January of 2022, will I get the 6% for 2022? I initially assumed no because as of 12/31/22 i will not have been here for a year yet.
I’m 99% sure that while it doesn’t vest til then, you’ll still get the match. In other words, you’ll see the match at the end of each year from the moment you set it up…but if you leave before 2 years are up you won’t be able to take it with you. Other firms have similar vesting periods.
A1: match posts in February. That’d explain why you didn’t get this years.