Related Posts
What does 401k mean?
More Posts
Any dermatology research opportunities?
Bowl Leader
What are you praying for in this season?
Additional Posts in Consulting
Top consulting firms right there!!
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
Our match vests immediately, but you don't get any match until a year and a few months of working here (it activates Feb 1st and July 1st). So if I start march '16, then my match starts July '17 and vests immediately when it starts
That ACN stock purchase plan really pays off. I used it to put 35% down on a house. It might be our best benefit.
But don't forget the five year vesting period!
100% match up to 6%. Vested in employer contributions after 2 years of service.
Big-4-Small-401k
12% of salary and bonus at end of year, regardless of how much we put in
Pwc also invests 3-5% in your "pension", regardless of 401k contribution, so it would be misleading to not at least include that in the number.
Damn... pretty solid accenture
100% match up to 6% at the end of each year that is vested immediately.
And no pension but we get 15% off stock purchases up to 10% of our salary
@booz 2 instant, but you have to be at the firm on 12/1 to get it for that year
To the IRS limit.
25% of 6% for 401k plus 5% Wealth builder/Pension contribution. That effectively takes PwC contribution to 6.5%. Vesting is a pain, but the plan itself is not too shabby for a Big4.
Mck1!!! Wrecked us all 😂
Eek, that's not the best. We're not amazing either tho, 100% up to 3%
@ZS1 - with 6 year scaled vesting..
P4, we can set aside up to 10% of our base salary to buy ACN stock at a 15% discount. The money is taken out of every check, and twice a year that amount is used to buy stock. We have access to the stock immediately, and can either sell right away or hold it.
When I started at ACN, the stock was around $60, and it was about $125 today. That's a good gain on it's own, and with an extra 15%, it's really valuable. Most ACN people use it for house down payments.
Booz Allen is a 100% Match to your 6% deposit. Company match vests every January 1st. I hate the Kool aid here but this is a nice benefit.
Deloitte is the same, 25% up to 6%.
We also get a pension though which I think rolls over into a 401K when you leave
4.5% vested immediately, no match required. After 3 years, jumps to 6%.