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Reply to "Best 401k Match"
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[quote=Anonymous][quote=Anonymous]11% and the standard in my sector, which includes a lot of very established Fortune 200-300 companies, is 10-12% I don’t know where these 20-25% comes from but that seems totally unsustainable - either because they’re paying market rate base and won’t be able to keep up that level of match or because they’re lose talent if their base comp isn’t market rate.[/quote] I am one of those responses. It is somewhat difficult to establish comparable jobs for the purposes of our org, but there have been no layoffs in the 20 years I have been there, and we never lose people because they are offered higher base comp.[/quote]
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