Submitted by [deleted] t3_z8n2v6 in personalfinance
T_as_in_Pterodactyl t1_iydl9ni wrote
Reply to comment by Randomwoegeek in Is 11% salary increase worth switching jobs? by [deleted]
Yeah good point. This is a ridiculous match. My company doesn’t even match at all! I cannot believe where people find these companies haha
PatricksPub t1_iydw16y wrote
Seriously. The best I have seen is 100% match up to 6%. All of the job details that people post here seem ridiculous. I wonder if Reddit skews heavily towards tech or something like that. Because that's probably the 1 area I haven't looked due to qualifications that I don't have.
T_as_in_Pterodactyl t1_iydwv3m wrote
I’m currently in tech, 0% match. Best I’ve ever had was the classic 100% of the first 3%, 50% of the next 2. So 4% if you put in 5%. That was when I worked as an engineer in robotics. No idea where these people find these companies!
FilthySweet t1_iye1zd3 wrote
Im in tech. 50% match up to 7%. So not all of tech world making out like bandits. But a lot of really good benefits. I switched to software development/tech a few years ago with no experience, it’s doable. Just have to teach yourself a bit then start an entry position like jr dev or QA
ir0nuckles t1_iydxcte wrote
Tech got rid of 401k matches along with most of corporate America back in 2008.
ninjewz t1_iyesvsn wrote
I'm wondering where these jobs exist that I keep seeing, even in a technical field I can't find 401k matches that are worth a damn. My current match is 8.5% which was nearly impossible to find. All other job offers I've gotten have either been 3% or 4%.
tortillakingred t1_iyev7vw wrote
My company offers 100% match up to 7%, plus an extra 10% profit sharing into your 401k, so functionally 17% for free.
ir0nuckles t1_iydx7jv wrote
I've been working for 14 years and I've never had a 401k match. Not even 1%.
T_as_in_Pterodactyl t1_iydzqve wrote
This weirdly makes me feel better. Misery loves company I suppose? I’ve also been working around the same amount, entered the work force in 2008 and promptly had my first lay off in 2009. Lots of “once in a lifetime” recessions for us, eh?
[deleted] OP t1_iyelwzf wrote
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