Deloitte people: How come 401k option is so bad? .25 cents to $1 up to 6%?

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

Because they have a pension and want you to stay for awhile.

like

Because we keep working for them.

like

EY has a pension, max of 80k per year at Senior mgr rank plus 50% match up to 6%. But EY annual bonus typically max out at 5%.

like

Pension

Cuz we have a pension.

How does the pension work? What percent do they add?

That is pretty standard, actually. K had .5 up to 6 and a pension.

We are up to 6 and no pension

At $1 to $1

Can someone explain their pension? I know what it is but what's the end payout

Depends on how long you stay and how high you go up

Related Posts

Hi! Pretty new to this concept, and really early within my career (only 3 months in). Currently on my company’s 401k plan, contributing well beyond the minimum to receive a match, and maxing the amount I can put in right now (25%). Dabbled a bit in options and stocks in general. Any advice, guides, or starting places you would give someone in my shoes? Thank you in advance!

like

Hi guys. I have a query with regards to the Income tax proof submission.

So I have claimed exemptions on the following-
1) HRA
2) 5 year term deposit(fixed deposit) under Section 80C
3) Interest on education loan under Section 80E

I have also provided previous employment details.

Guys I didn't know that we have to submit declaration forms as well. Can you please tell me which are the declaration forms that I would need to fill and submit??

Thanks in advance :)

like

Where do you go to keep up to date on new Healthcare benefit products, regulations, etc? Is there an industry/regulatory resource?

like

Question for Sales leaders who’ve said “I did an analysis and concluded we just need more at bats”.

Does it feel like you’re saying something useful? Or are you also writing a book titled “In order to get rich you just need more money”?

likefunny

I’m leaving my job soon but I’m wondering if I should be truthful when I hand in my letter of resignation. There’s a ton of reasons but it boils down to: I’m worth more than they can pay me and I need to pay off these student loans. What should I say?

like

Does EY let you keep Amex rewards points?

like

Anyone from Embark able to tell me about some benefits you have. Like how long is Paternity leave and do you have to be with the firm for a year to use it? Also what health insurance do you have? I saw that Embark fully pays premiums but if it’s a junk insurance company then that’s not so great haha.
Also how often are you traveling / in office? Thanks!

Can I receive rent on H1? How can that be accounted towards the end of the FY?

like

currently tossing up between staying at a global company (who is in the process of some positive changes) with an amazing manager who supports my career and flexible working … however comes with the inherit issues that come with a long standing global company

compared with a role at a smaller mga, higher salary (around 30%) more , more visibility career wise and some great employee benefits , management seem to be supportive and low staff turnover

which would you choose here

like

What's the best form of compensation to ask for and why?

My employers' CEO just announced that they just received $7 million from investors. He wants to use that money to offer incentives to employees that hussle and drive more revenue for the company. We're not sure what those incentives look like yet, but here are some post-announcement rumors from my co-workers:

Cash bonuses, raises, profit-sharing, company equity, 401k match, etc.

like

Guys, can you list down your experience in working with EY, which you are missing in your previous job. Or, something good at your previous job which is missing in EY. Please comment those. It can be anything like good project, managers, WFH, benefits, flexibilities, Hi, 

I want to cancel this 200Rs Netflix membership for this month. How to change this in my card settings, I am not able to find the settings in ICICI website to cancel this. 

like
like

Hi fishes, I want to submit broadband connection reimbursement request via Global Claim System GCS. Is there any chances of background varification regarding the broadband bills??
Thanks in advance.

like

Hi Guys, I am 5.5 years Java Developer and I have offer from JPMorgan Chase and Walmart .

Jpmc: 50% on current fixed + jpmc benefits Walmrat: 50% on current fixed + yearly bonus + stocks.

Please help me choose which will be better, mainly looking for brand value, work life balance and yearly hikes.

like

Does anyone know what this means?
"Can anyone, other than you, claim a homestead interest in the property that will secure repayment of the loan?"
My spouse and I are applying for the loan and would like to be on the title.

like

Can my vacation home be 45 minutes away if it’s at the beach? Or does that look suspicious? I want to get in for 10% down and lower rate than an investment home

like

Does LTA and phone allowance are processed each month as a taxable income if we do not produce the bills ?

like

Let’s finish this up strong! What are your year-end self development plans?!
We have our last session of the year of our group/guest financial education cycles at our Downtown Toronto office this Saturday. We go through our first financial education session that we talk about basic to higher level of financial information; from saving, investing, risks and returns, registered accounts, etc. There is no cost and no obligation. If you are interested to attend in-person or via Zoom, let me know.

Post Photo
like

Is anyone familiar with McKenna Capital? I’m interested in investing in a real estate syndicate and McKenna looks compelling. Hard to tell if they are legit or potential scam?

like

Thoughts on potential business ideas or investment opportunities where I can live the life I deserve now and not in retirement? I’m always trying to think of potential business ideas and come up with nothing. As far as interests, it doesn’t matter what it is. As long as it makes money I’m interested.

like

More Posts

Mphasis can give permanent work from home..
Pls help..

^ You are a fuddu banda

like

I have 5 years of experience in my industry in Chicago. (Engineering Firms working with Electrical Utilities on Substations)
I started as a CAD Drafter and worked my way up to a P&C Designer.
Is 63200 a good salary for someone with my experience?

I want to also say I’m back in school going after my EE.

like

My H1 got approved but my passport is still being renewed, can i book my appointment with my old passport number and then update the DS160 after i get the new one?

or go to the embassy and explain i have a new passport?

like

Does anybody any idea about the job role and the career opportunities of an language interpreter in Teleperformance?
I'm not having any prior experience or knowledge about the above mentioned job role? Any suggestions will be highly appreciated.
Thank You

like

What is your opinion on moving from Tier 2 (5 years, strategy consulting) to MBB as manager/senior manager? MBB office (LatAm) reached out looking for experienced consulting manager to join their team

The design of this watch is so good that you can see through all the parts inside,which is very unique ☺️

Post Photo
like

Is anyone working from TCS coimbatore location?

like

Hi guys. What's the status of Microsoft employees in India currently. Any firings going on due to market conditions? Microsoft

like

Looking for 1 female flatmate in 3 bhk (unfurnished) at Riverdale Residencies, Kharadi

Single occupancy rent: 14k
Spacious room with unattached washroom.

Dm if genuinely interested. Have to finalize quickly.

inspired by a true story!

Post Photo
likefunny

high school me 🤝 attorney me

Post Photo
likefunny

Hello Fishes,

I have total 4years of experience (joined my current company last year). Current package is 7.5LPA.
I am happy with my work life right now but need the hike. Also i am working as frontend developer (react.js) but my tech stack is MERN and i also have about 1year experience with springboot. In my current company my ctc will be revised on January,2023  as i am not completing 365 days before July 1(only missing for a couple of days). What should i do right now? What should be my ctc

like

How is the Company Genpact Headstrong Capital Markets in terms of Career Growth,WLB,Job Security and annual hikes?

Is it different from Genpact?

Client: Morgan Stanley
Location: Bengaluru

like

Any thoughts of investing in gold or gold related instruments?

like

Get FUCKED, WestLaw. I only switched windows to draft a paragraph, not to end my session.

Post Photo
likefunny

What is the worst thing a reasonable person could do at a job interview and why is that so bad? (I mean a mistake even the best of us could commit)

likehelpful

Exempt Salaried employees, do you get paid overtime? How many hours do you typically work?

like

How much $ do FT mid-level creatives make in Amsterdam?

like

Additional Posts in Consulting

Any consultants grounded in Chicago this week? down for happy hour at the Westin ORD?

like

Has Deloitte gotten laid off yet?

likefunny

What time frame is used to measure our utilization metric? I'm pretty sure it's not our fiscal year, but sometime around April '16 - March '17?

Recommendations for comprehensive books on the finance industry? I want to learn more about investment banking and modern financial instruments. Got a lot of free time during this lockdown

like

Book recommendations? All genre welcome but I usually read nonfiction

like

All I want to do is curl up in bed with hot tea and a good book. Recommendations for if I ever achieve said dream?

like

Did anyone read the top consulting firms to work for? 😂😂😂

like

Anyone have any recommendations for home office ergonomic desk chairs?

like

Any book recommendations about human psychology / thought processes?

like

Feeling lost in my career (10 yoe, 9 in consulting). Anyone feel this before and how did you get through it (career coach, books, etc)?

likefunny

Anyone use Noom recently? How did it work for you? Worth the $?

like

I find myself struggling the explain things with the same eloquence as my colleagues. How can I improve my consulting speak? Any recommended books?

like

Any book recs on how to improve soft skills (ex. Communication, leadership, etc)? Doesn’t beat real life practice of course but would be a good starting point. Thanks!

like

For people in consulting - do you often read books about project management and motivation? Would appreciate your recommendations (preferably the ones with more than one thought for the whole brick of text 🤨).

like

Bain & Company Can someone recommend a good starting point on how to go around solving case interviews? What frameworks should I follow? I am kinda new to case interview and want to develop skills to solve them. Any books, online sources would be really appreciable. Deloitte EY-Parthenon Strategy& McKinsey & Company Boston Consulting Group Bain & Company

like

How easy it is to pivot to product management post 2-3 years of MBB consulting expereince? I'm mostly considering Amazon product and Microsoft product roles. Has anyone made the pivot? Can I please DM you to learn about your experience?

like

My client is telling me about how painful she finds PAID overtime. While she gets💰, I get %.. & utilization doesn't pay the bills!

like

Can everyone stop asking to raise taxes? People don’t deserve 24/7 handouts. Let’s take some responsibility, pls and thx

likefunny

I’m so depressed, have been for years, and don’t see it getting better. I’ve tried everything from therapy, exercise, psychiatry, journaling, self help books, healthy diet, etc. what else is there?

like

Any entrepreneurs out there that feel like there’s a million things no one told you before starting your company? (Good&Bad) 5 years in myself and nearly could write a book with my list of sh*t no one told me… curious to know what’s on your list???

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
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

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal