Consulting

What's the deal with Deloitte pension plan? Scant details out there. Looking for hard numbers

like
Reaction Icon Like
Arrow Icon
Posting as :
works at

Deloittes 401k is a joke

Reaction Icon Like
like
Arrow Icon

We need a real 401k

Reaction Icon Like
like
Arrow Icon

You're basically subsidizing boomers retirement

Reaction Icon Like
like
Arrow Icon

It's something like 3.5ish percent vested in 3. You don't have to do anything to get it. If you add this to the 401K it really isn't too bad as a package.

Reaction Icon Like
like
Arrow Icon

I've never had such a poor 401k as I have here. 25 cents on the dollar up to 6% and match only deposited once a year.

Reaction Icon Like
like
Arrow Icon

No need for a lot of documentation, the pension is simple. Agreed, the 401k match is sad at best.

Reaction Icon Like
like
Arrow Icon

No associate. It is not.

Reaction Icon Like
like
Arrow Icon

That's helpful - thanks for the numbers. Does help cushion the 401k a bit

Reaction Icon Like
Arrow Icon

My current firm fully matched up to 6%. None of this 25 cents on the dollar up to 6% nonsense. My sense is the pension does not do much to supplement unless you are with big D long term...

Reaction Icon Like
Arrow Icon

What do you mean real? The 401k terms here are the same as every where else I have worked.

Reaction Icon Like
Arrow Icon

Is the amount the firm contributes to the pension (not the 401k) pegged to employee contributions in any way? I understand it may be simple, but I can't find any hard info on this of any kind and the person who extended my offer didn't provide much in the way of insight

Reaction Icon Like
Arrow Icon

I'll grab the link off Deloittenet later. It is a fixed contribution on their part (a fixed % of your salary), and a fixed rate of return. It doesn't start until either year two or three)

Reaction Icon Like
Arrow Icon

Meh, completely depends on your salary and length of time with he company, your fully vested after 3 years but unless your a lifer don't worry about it,

Reaction Icon Like
Arrow Icon

EY's version of this starts in year 1 and vests after 3 years I believe

Reaction Icon Like
Arrow Icon

Same EY1

Reaction Icon Like
Arrow Icon

Related Posts

How does your firm you as a woman? What are some of the benefits that you believe sets them apart from other firms?

like
Reaction Icon Like
Arrow Icon

Maxed my 401k and HSA for 2017. I have never opened an IRA or a brokerage acct. What are my options for the 2017 tax year, is it as simple as selecting a brokerage and transferring the $5500?

like
Reaction Icon Like
Arrow Icon

Investing newbie here - better to invest more of my $ into my 401k or Roth IRA?

like
Reaction Icon Like
Arrow Icon

What’s your firms 401k vesting schedule?

like
Reaction Icon Like
Arrow Icon

Did all the Big 4 had winter break? If so, was it firm paid holidays or were vacation/personal days needed to be used?

like
Reaction Icon Like
Arrow Icon

I left EY last year and is now considering rolling over my 401k balance left in the EY plan to my IRA. Just realized that my vested balance was lower than the balance Fidelity has been showing (cont.)

like
Reaction Icon Like
Arrow Icon

How do you decide to allocate your savings? I'm maxing out 401k and IRA, but that leaves relatively little (though a still significant amount) for personal brokerage and cash savings. I already have more than enough for an emergency fund. IDK if I'll live in my area long term so idk about a down payment for a place, and I have a vehicle, so no big purchases on the horizon. No debt. Yet this allocation just feels pretty imbalanced.

like
Reaction Icon Like
Arrow Icon

I have stayed 114 nights but spent only $16k this year. I think i’m going to be downgraded from Ambassador elite to Titanium elite. What benefits do I lose? Which of those benefits really matter?

Reaction Icon Like
Arrow Icon

Is it worth getting United MileagePlus Club Card or Star Alliance Gold? Both of them have same benefits correct?

like
Reaction Icon Like
Arrow Icon

I'm concerned that so many consultants don't see what Cathy is doing to us... these benefits are coming out of our end paycheck somewhere.

like
Reaction Icon Like
Arrow Icon

Retirement question. New industry job. No Roth 401k. Just normal and after tax 401k. What should %s should I put in for each? Can do ~25% of comp into retirement. New Roth IRA? 401k rollover?

like
Reaction Icon Like
Arrow Icon

How is the relocation reimbursement done? Is it a fixed amount? I am trying to move to client location to Atlanta.

like
Reaction Icon Like
Arrow Icon

Idk if this is the right forum, but has anyone used a financial advisor before to invest with their savings and 401k? (Continued in comments)

like
Reaction Icon Like
Arrow Icon

Any sense of the expectation of benefits (e.g. 401k match, vacation days, RSU)? Realize there’s a broad range by company and level, but curious what people have seen.

like
Reaction Icon Like
Arrow Icon

I live at home rent-free and contribute about 16% to my 401k. Is there a better way I can be investing my extra income?

like
Reaction Icon Like
Arrow Icon

ACN forcing people to take PTO during the holidays from December 26 to 31 now... might as well just deduct 4 PTO days from our benefits instead. What a dumb requirement

likefunnysmart
Reaction Icon Like
Arrow Icon

I’m a judicial clerk and was offered an associate position. I received the info regarding billable hours, salary, and benefits. What are other things I should know about before deciding to accept?

like
Reaction Icon Like
Arrow Icon

Does EY’s 401k plan offer the Mega Backdoor Roth conversion?

like
Reaction Icon Like
Arrow Icon

Can you get away without paying your firm back for tuition reimbursement? Is there a break even monetary amount?

like
Reaction Icon Like
Arrow Icon

Do you invest in Roth 401k or traditional 401k? Anyone have a calculator for the optimum mix? Trying to challenge myself to do 15-20% Roth instead of traditional since it’ll probably be in my favor

like
Reaction Icon Like
Arrow Icon

Additional Posts

I roll off end of next week. Manager is messaging me practically hourly saying “how critical it is I get XYZLMNOP etc” done before I go and it’s honestly making me want to just not do any of it and go

likehelpful
Reaction Icon Like
Arrow Icon

PM: the client doesn’t have enough money to bring you to the shoot Creative: I’ll pay to go myself. PM: Creative: PM: Creative: PM: They just don’t want you to go to the shoot.

likefunnyupliftingsmarthelpful
Reaction Icon Like
Arrow Icon

Anyone dealt with AA customer service where they decided not to offer any points or flight voucher? Flight was delayed a few hours then ultimately canceled. Flew out the next morning (12 hours later)

like
Reaction Icon Like
Arrow Icon

Does anyone know if being promoted to manager negatively impacts the green card process? Does it need to restart with the new salary, title and everything?

Reaction Icon Like
Arrow Icon

Sitting with a college friend who is in KPMG and just bragged that she is enrolled in a pension plan sponsored by KPMG and it is separate than 401K . I doubt this . Can anyone from KPMG confirm?

like
Reaction Icon Like
Arrow Icon

What MBA programs do big 4 strategy normally feed into? Obviously GMAT, GPA etc all matter, but trying to get a blanket feel for how we’re evaluated. Ex: MBB —> HSW or at least M7

like
Reaction Icon Like
Arrow Icon

Best use for amex points? I have just under 100k.

like
Reaction Icon Like
Arrow Icon

Salary Negotiation: I’ve working for ~1 year (first job out of UG) and received an offer in the finance industry. I’ve never negotiated salary and I’m not sure where to start! Any advice / help?

like
Reaction Icon Like
Arrow Icon

Have a Director of Benefits interview tomorrow. They are a start up and went from 100 employees to about 4000. I'll have to create processes, implementation, file 5500, track loans, etc.. Cont

Reaction Icon Like
Arrow Icon

Rolled onto a non-federal client that requires a particularly rigorous (imho excessive) background check process- includes divulging my personal login info for my social media accounts. Any advice on-

likehelpful
Reaction Icon Like
Arrow Icon

SAP Senior Project Manager in Houston. Can I get thoughts on your company as a place I should apply to, including compensation and other relevant points?

like
Reaction Icon Like
Arrow Icon

Big layoffs at Booz Allen Dubai and Abu Dhabi Cyber teams.

Reaction Icon Like
Arrow Icon

2,158 hours contracted a year. Tax season: 55 hour week minimum with 90% billable time. You?

like
Reaction Icon Like
Arrow Icon

Which degree if not an MBA? And if MBA is still the right answer, can its benefits be experienced through self learning or inexpensively rather than spending a fortune on a top school?

like
Reaction Icon Like
Arrow Icon

Getting ready for another Zoom client presentation.

Post Photo
likefunny
Reaction Icon Like
Arrow Icon

When you just need a post work friend with benefits...

like
Reaction Icon Like
Arrow Icon

On the bench for the first time this year. It feels weird not to be packing for a week of travel right now.

like
Reaction Icon Like
Arrow Icon

Need your input please 🤗 SFO to Singapore: 17 hours Economy: 90k miles (one way) on United Business: 182k miles (one way) Should I suck it up and book business? I have enough miles...

like
Reaction Icon Like
Arrow Icon

I have to negotiate my salary stepping from sr. Art Director to creative lead (CD). Anyone know the salary in Germany?

like
Reaction Icon Like
Arrow Icon
That was just a preview…
Sign Up to see all discussions
  • Discover what’s it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

OR

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

Please enter a valid number