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there isn’t a new policy? you might be confused with the McKinsey contribution (7.5% for CSP, 12% for FSP, not sure other paths) vs the default self contribution to 401k which will start at ~5% and auto increase to 10%, but you can change the level of self contribution at any time
^ correct. Still 7.5% automatically from the firm for associates every year. 5% is the default for self contributions (which can be adjusted)
Wowee that’s a good 401k match of as described
Chief
You might want to ask HR instead of this bowl.
Whatever answer you get here is going to be less accurate than your own organization's documentation.
yes, you're right, I should probably just email HR and ask what the new policy is.
Ask in the McK bowl and/or HR, but BCG’s policy when I left earlier this year was a 5% contribution regardless of whether you put anything in for the first 2 years of employment, and then 10% thereafter