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Hi all,
I have a offer from Perficient and joining in 2 months time. Question :
1: how is the company in terms of job security and projects? I work with web analytics
2: How is the hike and work life balance.
3: Attrition rate
4: Hike is good but will it be a safer vet like Accenture Operations?
Need some views from people working there.
Thanks in advance.
Hi fishes, good day to everyone
Need your inputs about the company Redington india ltd.
Position offered is cloud solution architect on AWS.
Please let me know how is the company in terms of job security, work culture, hikes etc.
Your inputs would help me understand more abour the company.
Thanks in advance
Redington India Limited
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1. Stock options begin at the director level and vary, bonuses also dramatically go up at the director level based on performance.
2. The DC pension is a 3% automatic employer contribution, then they match up to 6% of your contribution at 50% (another 3%) for four years, then that doubles to matched at 100% thereafter for a total of a 9% employer contribution on your 6% contribution. 15% of pre-tax money is then invested in the bank’s pension plan, a deferred profit sharing program, and you can select a TFSA, RBC mortgage pay down, student loan pay down, quite a few options.
3. Maximum coverage is 80% covered on 20% co-pay for dental, drug, and paramedical, goes down from there with two lower tiers. $5,000 in mental health is covered at 100% though irrespective of coverage selection. Paramedical has maximum coverage is $1,500 a year, it’s pretty standard in banking aside from the mental health benefit.
Wow thanks for detailed response. Slightly worse than what I get offerer at Scotia which I will share later but thats probably offset by higher base/bonus you are getting at RBC on average
1. Yes, through their employee savings program. You can receive a maximum match of 3% if you contribute 6% of your salary.
2. Defined contribution pension plan for all new hires, which is very similar to the percentages above.
3. Health coverage has a few core services that apply across the board with a flat rate of benefit, and then you can opt into additional coverage depending on your personal needs. There are different tiers that you can select based on, say, your number of dependants, whether or not you have a partner who gets health coverage through their employer, if you want drug coverage or not, etc. You‘ll likely pay a small monthly fee for the higher tiers. IMO the best benefit is the standard $5000 for psychological services per family member on the plan, per year.
What about someone who was employed there for slightly over 20 years? Would they have started on a defined benefit, with that frozen and started on a defined contribution when those came on board?
Banks all are on the lower end of the compensation spectrum compared to other industry areas.