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

      • @Pulptastic@midwest.social
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        124 months ago

        I had one job where the company gave annual 401k lump sums based on profit. Some of those deposits were upwards of $20k. No company before or since has boosted my 401k so much.

      • @bus_factor@lemmy.world
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        24 months 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.

    • @foggy@lemmy.world
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      174 months ago

      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! 🤓

      • @chiliedogg@lemmy.world
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        174 months 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.