• tsonfeir@lemmy.world
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    5 months ago

    50% up to 6% (so 3%). But its vested over 5 years… which is a middle finger if you ask me.

    • catloaf@lemm.ee
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      5 months ago

      Is that vesting for each contribution? For every company I’ve worked at, it’s 0% vested until X years, then 100% immediately vested for all contributions.

      • tsonfeir@lemmy.world
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        5 months ago

        It’s 20% per year. It’s not… bad… but this 401k is going to be a joke when I retire.

        • errer@lemmy.world
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          5 months ago

          My company is similar, but over 3 years. It’s a weird way for them to save a few thousand bucks per employee who quits (since you get the full amount by the 3 year mark).