Re:Poll: What matters most when considering a job?
by Femur on Tuesday April 14, 2009 @04:18PM
(#562255)
One option not listed is 401k match. Next to base compensation, that is the metric I am most interested in.
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Re:Poll: What matters most when considering a job?
by CUViper on Tuesday April 14, 2009 @05:06PM
(#562358)
It's better to consider total compensation. A $100k salary with up to 5% 401k matching is roughly the same as a $105k salary with no 401k matching.
The latter might be preferred since it gives you the choice of what to do with that extra $5k, but it gets tricky if you're nearing the contribution limits.
Re:Poll: What matters most when considering a job?
by anamax on Tuesday April 14, 2009 @08:30PM
(#562662)
> A $100k salary with up to 5% 401k matching is roughly the same as a $105k salary with no 401k matching.
Not at all. The 5% match goes into the 401(k). The 5% extra salary doesn't.
Note that 401(k) match also isn't subject to SS or medicare.