Would you accept a job offer with no 401k match?
Related Posts
I have an offer from Deutsche Bank, KPMG & Deloitte.
Keeping the package aside, which company is better in terms of growth, hikes, work-life balance?
Please share your inputs, its my first switch so I'm anxious about making the right choice. 😅
Deutsche Bank KPMG KPMG India Deloitte Deloitte USI Deloitte India KGS
Hello Fishbowl Family . 3.5 YE & Series 7, 6, 63
I have 2 Offers currently.
1. Associate Advisor role at JPM Chase Atlanta 85k Base. No Commission or Sales. What type Of Annual Performance Bonus can I expect in this role?
2. Retirement Planner role at Fidelity in Houston (Remote) 70k Base 15k =100% Bonus w/Cap of 30k= 200% Bonus. *My Recruiter says Growth into a Senior/Director Planner role is easier @ Fidelity. Thoughts? Advice?
Fidelity Investments JPMorgan Chase
Wanted to highlight Prudential Financial’s hiring practices. They rescinded my offer once I attempted to negotiate the salary. The official reason given was that I didn’t “sound excited enough”.
They then admittedly gave the offer to someone who was less qualified. There were other red flags throughout the job offer process that the HR team should overall be ashamed of.
Enthusiast
Coach
More Posts
Hi fishes,
How is the wlb in Amex?
Although Amazon has instituted a hiring freeze and layoffs are probably on their way, I went through the loop for a security engineer position at AWS. Before I attended the final interviews, Amazon placed the hiring freeze and called me to ask if I wanted to go ahead or cancel my application. I decided do go ahead Right now I'm waiting for their response and the position I applied to changed from "under consideration" to "no longer under consideration". Thoughts?
Conversation Starter
Dropped in 6k to my Roth on 1/1 🥳
Additional Posts in Consulting
8 to a 100!
Which 🐟🐠🐡🐬🐋🐳 are you and why?
Should I get my CFA?
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
It completely depend on total comp comparison. If you are making enough then who cares? You have several other options.
Depends how much they pay me
Ah that makes sense. I think the overall salary is a bigger sticking point than whether they match your 401k. If you can live with 130 (and save money) and you like the role then great. Think of the match just as total comp - if you’re at 150k now with a 5% match then you’re going from 158k to 130k. Up to you if that’s enough to accept.
If it’s offset with enough higher pay, then sure
Only if they pay me enough to put 12% into my pay check and not worry about it
I would guess there is a correlation between that and other lacking benefits. It might also have some linkage to how the company views its resources.
Recently did
Chief
Maybe
Absolutely not
hey thats me 🤣 (for first yr)
Chief
It depends. Come on
Depends on the TC, but usually companies that don’t have a match also lack other benefits and they start to be pretty annoying after a while.
My prior company didn’t have a match, but I didn’t realize until later also:
- Lacked mobile phone reimbursement (CA state law mandated)
- Charged a 0.8% annual administrative fee on all assets within the 401K account (this one really ticked me off since I had almost rolled over my entire 401K account)
- Refused to pay for some standard industry software / training (E.g. Thinkcell, but my team used it all just paid out of pocket for it. I felt like I had no choice but to just pay for it out of pocket as well)
- Would ask us to travel to places and only paid IRS mileage reimbursement, but didn’t address how to get around if you didn’t have a car