It really bothers me when Deloitte advertises its 401k match as 6% in recruiting materials when it’s really 25% of 6%, and if you stay for less than 2 years it’s 20% of 25% of 6%

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

It’s 💩

likesmart

Good thing we hired Deloitte C&M to make those marketing materials.

likefunny

Don’t y’all get a pension if you work for 3 years or more? You need to account for that as well to get a comprehensive look at retirement benefits

like

That’s true. We do. But it’s arranged so that those who join as campus hires and leave at after a normal amount of time don’t get much although on paper it looks good

Lol ZS is the same but with 3% match 😂

likesmart

Can you explain?

If you can’t make it in tech you work for the big 4; if not you work for next 2 (ACN IBM) and If not even that, you work for an offshore consultancy- all other things being equal
Generally you don’t get all things equal. Some would take partner at offshore vs senior manager at big 4 and so on..

And I was upset when I found out Big Blue only deposited their share of 401k on December 31st every year.

D making IBM look like it cares for employees.

Accenture advertisers 6% for experienced hires. I come to my orientation and find out it’s 6% after 1 year of service and starts in Jan or July. For me, it’s 15 months until I get any matching... but it vests fully right away I believe

One year in the grand scheme of life is almost nothing

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