‘I’m proud of being a job hopper’: Seattle engineer’s post about company loyalty goes viral::undefined

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[–] 22 points 2 years ago (4 children)

Fuck your 401k, I can invest myself, thanks

You can't match your own contributions, though.

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  • [–] 39 points 2 years ago (2 children)

    I've never seen a place that matches as much as a new job would pay.

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  • [–] 2 points 2 years ago

    If the new company also matches, it'll probably make you more money than staying, because the max match is reset. If you really game it you might max out the match for both companies in the same year.

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  • [–] 17 points 2 years ago (1 child)

    Often times the 'match' isn't matched fully until you've been an employee for x years. Ask your HR department about their vesting schedule! 🤓

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  • [–] 17 points 2 years ago

    Well.... yeah. That's how they use benefits to encourage loyalty.

    When I hit 5 years, I vest and my employer begins double-matching, including retroactive contributions. I put in 7%, so in another 2 trays they'll put 70% of my annual salary into my retirement all at once.

    It heavily encourages loyalty because it's genuinely a great benefit. I have no problem with that.

    I work for money, and the reward for loyalty is more money.

    Beats the hell out of a pizza party.

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  • [–] 2 points 2 years ago (1 child)
  • [–] 2 points 2 years ago (1 child)

    It's still free money. Between maxing that ans espp, I basically got a free $16k last year.

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