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My client in the hospitality space located in NYC is looking for a new VP, People. Minimum of 10 yrs experience in HR for retail/hospitality/food companies needed. Prior team management/people coaching experience required. You can DM me here or send an email to dganimconsulting@gmail.com
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Passed my last CPA exam!! 🎉🎉🎉🎉🎉🎉🎉🎉
Not working this weekend... Fuck yeah
Wiley or Gleim which one is better?
Anyone want to sell me their CFE books ?
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^ which doesn't fully vest for 5 fucking years
^Same as every other match. What you think companies gonna match you and let it vest immediately?
My new company matches at 6% and it vests immediately.
PwC also gives the wealth builder which is 4% without any contributions from yourself.
Ours is 25% match up to 8%, so 2% and everything vests immediately. I think it's better for managers +.
Yes.
Very nice
Deloitte is a 25% match. It also provides a pension plan in addition to the match.
M1 a portion of 401k vests annually
108.33% match on 6% at manager level and 125% on 6% at senior manager / director level i believe
Agreed M1, but need to contribute to maximize the total retirement benefit, and I hope 100% of our people contribute at least 6%, unless they are secretly millionaires or trust fund babies.
PwC2 wealth builder requires no contributions period. I'm merely comparing the plan to other firms. 25% of 6% is a 1.5% contribution by the firm if you contribute 6%. In addition, based on level, you'll get the wealth builder contribution. I view it as one retirement benefit. At the manager level, your "match" is greater than 100% of your 401(k) contribution which is very good.
It increases once you reach manager. Continues entire time you're employed.
Why are they all so low? We're 50% up to 4%. My last job was insanely good but even most clients I have are better than all of ours.
Matches 100%?^
At Manager, match is >100% of 6% once wealth builder factored in.
It seems like a good deal for accounting firms - I'm sure only a tiny percentage gets their even initial year contributions fully vested. Does anybody know what happens to the value that appreciated but didn't vest? Does it go back to the firm it goes back to some pool from which they later do the matches?
^Its better than a match, they just give you the wealth builder regardless of whether you actually contribute yourself
There's no wealth builder benefit for contributing over 6% though
EY is 50% at least at my level.