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Hello fishes, I have offers from two different companies and both are offering same amount of CTC - 18LPA (YOE: 3.2) . Company names are Pristyn Care and Xiaomi technology india pvt. ltd .
Now for Pristyn Care I won't have to move out of Gurgaon (I'm from north India). Xiaomi is calling me to Bangalore. Rest all the benefits seem similar.
In terms of learning and job security and all the aspects considered, which company should I join?
Please help me decide. Thank you!
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Any info on the agency Heartbeat in NY?
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Vtsax vs fxaix?
Hi can we check PMR in workday ?
I joined BA a year back, my office location is Chennai however from the joining date I'm working from Gurgaon and now my manager wants me to return to office location in Chennai. if employee is not ready to relocate as per offer letter would he be asked to resign or management is allowing them to work as exception Bank of America
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Thoughts on the Peloton bike?
Shots fired. Your move Deloitte.
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Ours vests pretty quickly. And we usually get significant profit sharing in the 401k on top of matching and cash bonus.
A2: the maximum rate you can contribute to your 401k is 50%. And Accenture does not allow after tax contributions. You can only contribute $18.5k plus whatever matching, which is well short of the annual IRS contribution limit.
All Big Fours have BS 401k policies lol
^how many ppl stay long enough for pension tho
I believe KPMG is the only firm which allows after tax contributions up to the full IRS annual limit. That blows all the other firms out of the water by a mile.
Don’t like it? Leave.
No? Then, that’s exactly why they are able to continue doing what they’re doing. As a business, it is their job to know just how much they can cheap out and still retain their talent. Once you have built a strong enough name for yourself, people will bite the bullet for the brand name regardless of how much the firm reduces their benefits.
401k is only one component...You know we have a pension too right?
Worth considering that against the % of other jobs that include that.
C1 - that’s kinda the point isn’t it
PwC is the same. 6% match on up to 25% of salary and all that vests from year 2 through 5. Really ridiculous
ACN 1:1 up to 6. Matching after 1 year and vests on your 2nd yea
Accenture FTW here. 6% match fully vested after one year
Sincere question - why put after tax dollars in a 401k? I’ve always invested in accounts with greater liquidity - why tie up money without a tax benefit?
EY changed their policy to be the same recently. Yeah, 401k sucks.
@SA1 not for people who are classified as non-resident aliens. Not sure if H1B is counted as that tho
That is depressing. I had to verify and op is correct.
Pretty standard compared to other places I’ve worked.
C1 & other KPMGers, How long do you have to be with the firm to get a pension?
Accenture FTL, no after tax contributions, no in-service distributions, max contribution rate of 50%. No thanks.
What do u mean max contributions of 50%? And we do have after tax contributions.
MC1: Pension Vests in ~4 Years
Pension is 100% vested after three years, even if you don't retire with the firm it's yours (can you retire off of it, likely not, but it's money you didn't do anything to get besides work, which you were doing anything) big benefit that a lot of private orgs don't have anymore. 401k isn't the greatest but it's not the worse either. Comparably 401k vesting 100% only after 4/5 years isn't uncommon. We can do better I agree but I also think if you think you have sucky options then leave and go somewhere that gives you the benefits that you're looking for and stop complaining unnecessarily, you knew what the 401k was when you accepted your offer.