The Money Mustache Community

Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: The Dutchman on January 07, 2015, 07:22:14 AM

Title: What is your Employer Contribution?
Post by: The Dutchman on January 07, 2015, 07:22:14 AM
I think this would be helpful for people to know when searching jobs.  There is some info out there but it is not that great.  What does your employer contribute?

Previously I was getting 50% on every dollar I invest up to 4 percent of my pay.  So essentially a match of 2%.

I now work for one of the Big 3 US auto makers.  I now have a dollar for dollar match up to 3.5%; along with a stock purchasing program (to purchase stock of the company I work with) where they will match 90% on the dollar up to 5% of my pay.  So if you max each of those out it is essentially an employer match of 8%. 

PS - The company stock purchase program is interesting.  I can pull out the money I invest within a month; the company match needs to sit there for a couple of years.
Title: Re: What is your Employer Contribution?
Post by: JLee on January 07, 2015, 07:26:19 AM
50% match up to 6% (so 3% of salary) and a 33% stock match after 12 months (i.e. the stock I buy in January 2015 through payroll deductions will be matched by 33% in January 2016).
Title: Re: What is your Employer Contribution?
Post by: wtjbatman on January 07, 2015, 07:28:02 AM
100% match up to 5%

401k, Publicly traded company.
Title: Re: What is your Employer Contribution?
Post by: NinetyFour on January 07, 2015, 07:28:49 AM
I contribute 8% and my employer contributes 11.4% to my 401a account.  Both of these percentages are set my my employer.

I also have a 403b account into which I can stash $24,000.  No match from employer on that.
Title: Re: What is your Employer Contribution?
Post by: Siobhan on January 07, 2015, 07:31:46 AM
Zilch, for both me and my husband...it sucks monkey balls....he gets a pension, I get a share package that is currently worthless.
Title: Re: What is your Employer Contribution?
Post by: gecko10x on January 07, 2015, 07:45:14 AM
100% match to 4% in 401k at Fortune 500 company.
Title: Re: What is your Employer Contribution?
Post by: Phil_Moore on January 07, 2015, 07:48:46 AM
Mine is non-contrib, so my employer puts in 10% of salary regardless of what I put in.  This is the first scheme I've been on that isn't final-salary, so it seems a bit weak to me, but I'm assured it's competitive.
Title: Re: What is your Employer Contribution?
Post by: lauren_knows on January 07, 2015, 07:48:57 AM
Mine amounts to 6% of salary.  50% match on contributions up to 6%, plus an automatic 3% (for my service level).
Title: Re: What is your Employer Contribution?
Post by: FLBiker on January 07, 2015, 07:54:11 AM
I work at a US public university.  They put in 5% and I put in a mandatory 3%.  They used to do the whole 8%, but that changed a few years ago when we got a Republican governor.
Title: Re: What is your Employer Contribution?
Post by: vogon poetry on January 07, 2015, 08:09:06 AM
100% match of the first 8%
I'm in Academia, I think this is fairly standard for Academics, though my first job out of grad school was 100% of the first 4% so this place is definitely a step up...I've heard tales of places where they automatically contribute 10% of your salary even without any match, but I've never seen it for myself. 
Title: Re: What is your Employer Contribution?
Post by: tmac on January 07, 2015, 08:14:49 AM
I'm a small business owner. I'm in the middle of organizing a SIMPLE plan for us and our 3 employees, with a 3% match.
Title: Re: What is your Employer Contribution?
Post by: PathtoFIRE on January 07, 2015, 08:17:26 AM
100% match to 4% in 401k at Fortune 500 company.

Ditto
Title: Re: What is your Employer Contribution?
Post by: Mrs. PoP on January 07, 2015, 08:19:54 AM
25% match on whatever I put in, completely independent of salary.
Title: Re: What is your Employer Contribution?
Post by: antarestar on January 07, 2015, 08:24:23 AM
Nothing.

It used to be 100% up to 5% and then half up to 8% or something but now nothing. It was taken away 2 years ago as a cost cutting measure and they claim we will get our match back but I don't believe it.
Title: Re: What is your Employer Contribution?
Post by: Breck on January 07, 2015, 08:24:59 AM
100% match to 4% in 401k at Fortune 500 company.

Ditto

+1
Title: Re: What is your Employer Contribution?
Post by: Melf on January 07, 2015, 08:27:25 AM
I think I'm at 50% match up to 7% or equivalent to 3.5% total.  This is at a major telecom company.
Title: Re: What is your Employer Contribution?
Post by: epipenguin on January 07, 2015, 08:30:33 AM
A discretionary profit-sharing contribution of up to 3%, with lots of fluffy language meaning they can easily get out of paying if the company does not do well. Or if they feel like it, I guess, although admittedly they only cancelled it in 2008 and possibly 2009 as far as I remember. They used to have a small match as well which was cancelled at the same time and will not be reinstated.

They pay out twice per year, although if you're part time like me, you only get paid once a year as you have to have worked enough hours to qualify and I usually haven't qualified at the time of the first payout. Also, the second payout is for work up to 12/31 but often doesn't get paid out until the following July (it used to be January, but the last few years they've delayed). I asked what would happen if I left between 12/31 and the payout date, and got some vague comments that they would pay it but I don't necessarily believe them.
Title: Re: What is your Employer Contribution?
Post by: rujancified on January 07, 2015, 08:36:24 AM
100% up to 6%. Used to do a pension (funded by the company) but that froze several years ago. Still a pretty good deal. Fortune 25. Finserv.
Title: Re: What is your Employer Contribution?
Post by: makstache on January 07, 2015, 08:41:54 AM
100% match up to 6%. I work for a private secondary school.

Before 2010, it was 7.5% then dropped to 5%, and it has been increasing by .5% every year or so since then. They say that it should get back to 7.5% in a few years as long as our enrollment stays steady.
Title: Re: What is your Employer Contribution?
Post by: aneel on January 07, 2015, 08:45:35 AM
We get 3/4 match of our first 6% amounting to 4.5%.  We also have an ESOP, but its only a 5% discount, so not really worth the extra risk.
Title: Re: What is your Employer Contribution?
Post by: AH013 on January 07, 2015, 08:47:06 AM
100% match for first 4% match.  No annual true-up if you hit the IRS max too early in the year.
Title: Re: What is your Employer Contribution?
Post by: Norioch on January 07, 2015, 08:53:27 AM
50% match up to the federal pre-tax limit (so $9000 this year)
Title: Re: What is your Employer Contribution?
Post by: shotgunwilly on January 07, 2015, 08:54:15 AM
100% (dollar for dollar) match up to 6%.  Fully vested after first year.
Title: Re: What is your Employer Contribution?
Post by: CCCA on January 07, 2015, 08:59:56 AM
No match for my job at a state university. But I can contribute to a 403b and 457b. I do get a pension but it's only substantial if I don't retire too early so I'm not likely to see too much of that.
Wife gets a 100% match up to 10% at her job.
Title: Re: What is your Employer Contribution?
Post by: DeepEllumStache on January 07, 2015, 09:00:44 AM
Large Fortune 500 company.  One of the major Telecoms.

80% match on the first 6% contributed to the 401K (comes out to 4.8%), vested in 3 years.  I also have a pension but new hires no longer have a 100% match on the first 6% instead of a pension.

There's also a stock/deferred compensation benefit with 3 year vesting for those at the level of my boss or higher.
Title: Re: What is your Employer Contribution?
Post by: Numbers Man on January 07, 2015, 09:01:17 AM
4 to 6 percent depending on profit sharing contributions.
Title: Re: What is your Employer Contribution?
Post by: kudy on January 07, 2015, 09:07:10 AM
Local small business, 100% match up to 4% of salary.
Title: Re: What is your Employer Contribution?
Post by: woodnut on January 07, 2015, 09:08:56 AM
The 401k is 50% match up to 5%, so essentially 2.5%.  Four year vesting period for company match, 25% after 1yr, 50% after 2yrs, etc.  I've had better 401k plans.  For the ESPP we get a 10% discount with up to a 2yr lookback and can contribute up to 10% of salary.  The stock has been skyrocketing since I've been here so this has been an awesome benefit.  It's a large high-tech company.
Title: Re: What is your Employer Contribution?
Post by: boarder42 on January 07, 2015, 09:14:57 AM
401k - 50% match up to 6.5% - so 3.25%
ESOP - anywhere from 8-12% so far since i've been here

Total contribution 11-15%
Title: Re: What is your Employer Contribution?
Post by: dee96789 on January 07, 2015, 09:19:46 AM
1% automatic + 100% on the first 3% of your contribution, and 50% on the next 2%, so basically 100% of the first 5%. Fully vested on their contributions after 3 yrs of service.  Immediate vesting on your contributions

Also a partial pension...0.8% from me, 13.2% by them, equals 1% payout per year of service, unless you wait to 62 to retire, then its 1.1% per year of service.

Newer employees have to contribute more to the pension...
Title: Re: What is your Employer Contribution?
Post by: gopackgo2 on January 07, 2015, 09:32:27 AM
10% of my gross regardless of my contribution.
Title: Re: What is your Employer Contribution?
Post by: minimustache1985 on January 07, 2015, 09:43:39 AM
4% match when you put in 5%, a 100% match on the first 3%, and 50% on the next 2%.  They have done a discretionary contribution on top of that in the past but not last year and I don't expect they will this year either; the company was formerly a subsidiary of an oil company and they've been scaling down to a more "typical" match for the past few years.

My previous job was in the oil industry, 7% match dollar for dollar, plus a pension that equated to another 5-6%.

Both companies I fully vested after 3 years.
Title: Re: What is your Employer Contribution?
Post by: norabird on January 07, 2015, 10:03:01 AM
Automatic 6%.
Title: Re: What is your Employer Contribution?
Post by: COlady on January 07, 2015, 10:04:44 AM
35% of whatever I put in....which is obviously the max of $17,500, who can turn down 35%????  Some of the people I work with are like, well I can't afford to put in the max but yet they drive a brand new SUV and live in a McMansion.  Insane I tell you.  It goes up to 55% after 10 years of service, I'm starting to understand why everyone here is a lifer.  My company definitely has it figured out as far as employee retention goes...
Title: Re: What is your Employer Contribution?
Post by: TheMoneyBadger on January 07, 2015, 10:05:52 AM
50% match on the first 8% (effectively a 4% match) plus an additional 7% match at the end of the year.  If I put in 8%, my employer ends up putting in 11%.
Title: Re: What is your Employer Contribution?
Post by: Runge on January 07, 2015, 10:12:34 AM
Small company, and they only have the Simple IRA plan, so it's dollar-for-dollar up to 3%.
Title: Re: What is your Employer Contribution?
Post by: 4alpacas on January 07, 2015, 10:21:08 AM
10%
Title: Re: What is your Employer Contribution?
Post by: mm1970 on January 07, 2015, 10:22:37 AM
nothing.  Zip. Zero, Nada.
Title: Re: What is your Employer Contribution?
Post by: boarder42 on January 07, 2015, 10:27:16 AM
1% automatic + 100% on the first 3% of your contribution, and 50% on the next 2%, so basically 100% of the first 5%. Fully vested on their contributions after 3 yrs of service.  Immediate vesting on your contributions

Also a partial pension...0.8% from me, 13.2% by them, equals 1% payout per year of service, unless you wait to 62 to retire, then its 1.1% per year of service.

Newer employees have to contribute more to the pension...

so if you work there 10 years they pay you 10% of your departing salary forever?
Title: Re: What is your Employer Contribution?
Post by: Cromacster on January 07, 2015, 10:44:50 AM
5% match if I contribute 6% of my salary.  Right now I also get 3% into a pension, but after 2015 that will be switching to an additional 3% into a 401k, so it will be 8% total.
Title: Re: What is your Employer Contribution?
Post by: Lanthiriel on January 07, 2015, 10:46:47 AM
I get an automatic 2% and then a 20% match on whatever I contribute. So since I'm currently contributing 15%, they are contributing an extra 3% for a total of 5%. Unfortunately, I'm stuck with a nasty vesting structure, so I get 20% of my employer's contributions at 2 years, 40% at 3 years, on up until I'm fully vested after 6 years with the company.
Title: Re: What is your Employer Contribution?
Post by: irishbear99 on January 07, 2015, 10:55:20 AM
1 to 1 match up to 5% (I contribute the max), plus a pension where I contribute .08% and will receive 1% of my average high-3 salary (or 1.1% if I wait to claim until age 62).
Title: Re: What is your Employer Contribution?
Post by: RelaxedGal on January 07, 2015, 11:08:20 AM
Life insurance company with 300-ish direct employees. 401(k) with Vanguard.
Title: Re: What is your Employer Contribution?
Post by: Datastache on January 07, 2015, 11:15:33 AM
75% match on up to 4% (so 3% match total).
Title: Re: What is your Employer Contribution?
Post by: eyePod on January 07, 2015, 11:22:11 AM
Mine's 100% match up to 6%.

Previous company was 75% match up to 6% (4.5%).

When I switched companies that was like a free 1.5% raise!

Previous company, everything vested immediately. Here it's 50% after 2 years and 100% after 3 years.
Title: Re: What is your Employer Contribution?
Post by: neil on January 07, 2015, 11:36:28 AM
Our company does it through a profit-sharing formula that doesn't require a match.  This hypothetically means it might be 0, but it's been 5-6% every year I've been here.  I don't mind it because our industry goes through layoffs and flat salary cuts and ours seems to do a better job of cost control to avoid that.

A bigger question is what they let you do with it.  For years, they forced contributions to go into a mixed fund with fees just under 1% and a CAGR of 5.5% since 2004 when my 401K has been around 9%.  I don't feel that way anymore but most of the last ten years I felt US indexes were undervalued and my portfolio allocation reflected that.  This year they finally opened us up to a few options (mostly bad) and I moved everything into VIIIX.  It peeved me because our regular 401K has decent options.

http://media.bloomberg.com/bb/avfile/rwtKPOh9WTmY

Title: Re: What is your Employer Contribution?
Post by: J'onn J'onzz on January 07, 2015, 11:57:23 AM
3% of my salary as a safe harbor contribution then 50% match on the first 6%.
Title: Re: What is your Employer Contribution?
Post by: CommonCents on January 07, 2015, 12:00:49 PM
nothing.  Zip. Zero, Nada.

Yep, and don't forget zilch.
Title: Re: What is your Employer Contribution?
Post by: erae on January 07, 2015, 12:08:54 PM
100% match up to 5% of my gross salary.  403b for a large, national non-profit.
Title: Re: What is your Employer Contribution?
Post by: WGH on January 07, 2015, 12:09:39 PM
Two jobs:

Job # 1 pre tax Mandatory 3% Company puts in 15%, optional post tax employee 4%, employer 2%

In essence I put in 7% of my gross and employer puts in 17% very very sweet deal


Job # 2 Whatever I put in they'll match 20% of that amount. pretty crappy deal.
Title: Re: What is your Employer Contribution?
Post by: Scandium on January 07, 2015, 12:21:53 PM
A flat 10% of salary, no matter what I do. Nice deal. Only bad thing is that it's one deposit in September the year after. Medium/large engineering firm
Title: Re: What is your Employer Contribution?
Post by: clarkm04 on January 07, 2015, 12:39:15 PM
If I put in 3%, they put in 6%.  They have a steep cliff, if you put anything less than 3%, you get nothing.

100% vested immediately.

Up until 3 years ago, they put in 6% regardless of your contribution.  Pretty sweet deal at the time.
Title: Re: What is your Employer Contribution?
Post by: Shade00 on January 07, 2015, 12:41:58 PM
3% safe harbor contribution (no match necessary) and in February they are reinstating an additional 3% match. When I make partner I'll also get a big chunk of profit-sharing.
Title: Re: What is your Employer Contribution?
Post by: rubybeth on January 07, 2015, 12:43:21 PM
Employer offers no match to retirement accounts, but does offer Minnesota Public Employees Retirement Association (PERA) pension. I have to put in about 6% and the employer puts in 7.25%. My contributions are refundable, with interest, if I leave the employer, and benefits are based on years of service and contributions.
Title: Re: What is your Employer Contribution?
Post by: lexie2000 on January 07, 2015, 12:57:33 PM
The Fortune 500 company that DH retired from offers 50% on the first 8% contributed, so essentially a 4% match. 

In 2006 and after new hires no longer got a defined benefit package.  This year will be the last year that anyone will get credit for years of service toward a pension.  They are saying that to compensate they are going to increase the match on the 401k plan, but nothing definitive yet on what that will be.



Title: Re: What is your Employer Contribution?
Post by: I'm a red panda on January 07, 2015, 01:33:34 PM
13% contribution, requires a 2% employee contribution
No match on optional contributions.
Title: Re: What is your Employer Contribution?
Post by: bearkat on January 07, 2015, 01:40:32 PM
I get 8% employer contribution if I put in at least 2% as an employee (large Fortune 100 company).

My wife gets no match at all until she has 2 years of service and after that I think it's 4%-ish in a 403b (large non-profit).
Title: Re: What is your Employer Contribution?
Post by: netskyblue on January 07, 2015, 01:52:49 PM
2% is the highest my employer goes (not sure what the specifics are, I put more than they require to get the match).  That is to say, a whole $790 a year.
Title: Re: What is your Employer Contribution?
Post by: rmendpara on January 07, 2015, 11:14:29 PM
I think this would be helpful for people to know when searching jobs.  There is some info out there but it is not that great.  What does your employer contribute?

Previously I was getting 50% on every dollar I invest up to 4 percent of my pay.  So essentially a match of 2%.

I now work for one of the Big 3 US auto makers.  I now have a dollar for dollar match up to 3.5%; along with a stock purchasing program (to purchase stock of the company I work with) where they will match 90% on the dollar up to 5% of my pay.  So if you max each of those out it is essentially an employer match of 8%. 

PS - The company stock purchase program is interesting.  I can pull out the money I invest within a month; the company match needs to sit there for a couple of years.

Very interesting. I also work for another Big 3 OEM. I work at the corporate level, not sure if that makes a difference, but we get a 4% employer contribution (simple contribution, not a match) plus a 4% match for first 4% of employee contribution... so 8% total as long as I contribute 4% myself.

I have to say, the stock purchase idea sucks in general. I don't want to buy a ton of shares in the company I work for, unless I get a significant discount. Too many eggs in the same basket.
Title: Re: What is your Employer Contribution?
Post by: PowerMustache on January 07, 2015, 11:51:09 PM
100% match up to 3%, 50% match the next 2% (so 4% from employer so far), then 4% regardless of what I do. Total of 8%.
Title: Re: What is your Employer Contribution?
Post by: Nudelkopf on January 07, 2015, 11:59:15 PM
I contribute 5% if my wage, and my employer contributes 12.75% of my wage.

I'm in Australia, so can't touch it til I'm a gazillion years old.
Title: Re: What is your Employer Contribution?
Post by: alsoknownasDean on January 08, 2015, 12:02:56 AM
Is this pension funds?

My superannuation contributions are made at 9.5% (on top of my salary), the legislated minimum rate in this country.

No employer match, but I can make additional contributions from my pre-tax salary (saves me on tax too). Problem with doing that is I can't touch it until I'm 60.
Title: Re: What is your Employer Contribution?
Post by: deborah on January 08, 2015, 12:10:38 AM
Is this pension funds?

My superannuation contributions are made at 9.5% (on top of my salary), the legislated minimum rate in this country.

No employer match, but I can make additional contributions from my pre-tax salary (saves me on tax too). Problem with doing that is I can't touch it until I'm 60.
Interesting way of looking at it - I have always looked at as the 9.5% contribution being an employer contribution (and thus similar to the US employer match), and the pre-tax and post-tax contributions were what we put in. However, that is just my way of looking at it, and the legislation was for the 9.5% to be instead of pay rises, so I can see where you are coming from.
Title: Re: What is your Employer Contribution?
Post by: alsoknownasDean on January 08, 2015, 12:24:40 AM
Is this pension funds?

My superannuation contributions are made at 9.5% (on top of my salary), the legislated minimum rate in this country.

No employer match, but I can make additional contributions from my pre-tax salary (saves me on tax too). Problem with doing that is I can't touch it until I'm 60.
Interesting way of looking at it - I have always looked at as the 9.5% contribution being an employer contribution (and thus similar to the US employer match), and the pre-tax and post-tax contributions were what we put in. However, that is just my way of looking at it, and the legislation was for the 9.5% to be instead of pay rises, so I can see where you are coming from.

Oh, I viewed employer match as 'you contribute $x, the company contributes $x (or $x * y%)'. Whereas of course we don't need to contribute anything to receive the 9.5% superannuation guarantee, what we contribute is in addition to that.

Which legislation, the original superannuation one, or are you referring to the 'postponed' increase to 12%?
Title: Re: What is your Employer Contribution?
Post by: deborah on January 08, 2015, 12:27:42 AM
The original - which was 3% not 9.5% or 12 % or anything else that it has been.
Title: Re: What is your Employer Contribution?
Post by: Nudelkopf on January 08, 2015, 02:07:31 AM


Interesting way of looking at it - I have always looked at as the 9.5% contribution being an employer contribution (and thus similar to the US employer match), and the pre-tax and post-tax contributions were what we put in. However, that is just my way of looking at it, and the legislation was for the 9.5% to be instead of pay rises, so I can see where you are coming from.

Oh, I viewed employer match as 'you contribute $x, the company contributes $x (or $x * y%)'. Whereas of course we don't need to contribute anything to receive the 9.5% superannuation guarantee, what we contribute is in addition to that.
Some employers in Australia contribute more to your super if you also contribute (either pre- or post-tax).

E.g. If you contribute between 3%-5% (3%=<x=<5%), then the employer will contribute (x+7.5)%

Title: Re: What is your Employer Contribution?
Post by: alsoknownasDean on January 08, 2015, 02:53:51 AM


Interesting way of looking at it - I have always looked at as the 9.5% contribution being an employer contribution (and thus similar to the US employer match), and the pre-tax and post-tax contributions were what we put in. However, that is just my way of looking at it, and the legislation was for the 9.5% to be instead of pay rises, so I can see where you are coming from.

Oh, I viewed employer match as 'you contribute $x, the company contributes $x (or $x * y%)'. Whereas of course we don't need to contribute anything to receive the 9.5% superannuation guarantee, what we contribute is in addition to that.
Some employers in Australia contribute more to your super if you also contribute (either pre- or post-tax).

E.g. If you contribute between 3%-5% (3%=<x=<5%), then the employer will contribute (x+7.5)%

Nice! Is that to specific superannuation funds (ie: in house ones), or any fund?

I don't get any of that though, the only employer superannuation I get is the 9.5%. Still alright though, it'll be a nice bonus after I've been FIRE for a decade :)
Title: Re: What is your Employer Contribution?
Post by: dee96789 on January 08, 2015, 09:51:28 AM
1% automatic + 100% on the first 3% of your contribution, and 50% on the next 2%, so basically 100% of the first 5%. Fully vested on their contributions after 3 yrs of service.  Immediate vesting on your contributions

Also a partial pension...0.8% from me, 13.2% by them, equals 1% payout per year of service, unless you wait to 62 to retire, then its 1.1% per year of service.

Newer employees have to contribute more to the pension...


so if you work there 10 years they pay you 10% of your departing salary forever?

Generally yup... you have to retire at your minimum retirement age...or wait till your minimum retirement age (MRA) to collect, most people 57.  And its the average of your highest 3 yr salary.  There are some other quirks, if you haven't worked a minimum of 20 years, at MRA you get penalized some... If you want to read more... opm.gov
Title: Re: What is your Employer Contribution?
Post by: MsPeacock on January 08, 2015, 10:00:02 AM
100% match up to 5%.
Title: Re: What is your Employer Contribution?
Post by: hdizz on January 08, 2015, 10:02:25 AM
50% match up to $1500 per year.  Kind of a progressive policy in a way I suppose, as the lower salaried folks can get a much larger proportion of their salary matched.
Title: Re: What is your Employer Contribution?
Post by: deedeezee on January 08, 2015, 10:08:57 AM
100% match up to 5% of salary.  Private firm of a few hundred employees.
Title: Re: What is your Employer Contribution?
Post by: mochila on January 08, 2015, 10:18:15 AM
100% up to $20, but people hired when I was also get 10.4% of our base salary whether or not we contribute at our large public university.
Title: Re: What is your Employer Contribution?
Post by: MontanaMoneyMustache on January 08, 2015, 10:30:16 AM
Here is what I get currently:

401k: Dollar for dollar match up to 6% of my annual salary

Stock Purchase Plan: 5-15% of annual salary, no company match, but 15% discounted stock.

Long Term Stock Program: No employee contribution, ~10% of my salary into a three year vesting stock purchase plan, no discount.

Pension: It's there but not sure what it is/how long it will last
Title: Re: What is your Employer Contribution?
Post by: Nudelkopf on January 08, 2015, 05:37:50 PM




Interesting way of looking at it - I have always looked at as the 9.5% contribution being an employer contribution (and thus similar to the US employer match), and the pre-tax and post-tax contributions were what we put in. However, that is just my way of looking at it, and the legislation was for the 9.5% to be instead of pay rises, so I can see where you are coming from.

Oh, I viewed employer match as 'you contribute $x, the company contributes $x (or $x * y%)'. Whereas of course we don't need to contribute anything to receive the 9.5% superannuation guarantee, what we contribute is in addition to that.
Some employers in Australia contribute more to your super if you also contribute (either pre- or post-tax).

E.g. If you contribute between 3%-5% (3%=<x=<5%), then the employer will contribute (x+7.5)%

Nice! Is that to specific superannuation funds (ie: in house ones), or any fund?
I think it's specific to the employer (Qld govt)
Title: Re: What is your Employer Contribution?
Post by: iwasjustwondering on January 08, 2015, 05:58:27 PM
I think this would be helpful for people to know when searching jobs.  There is some info out there but it is not that great.  What does your employer contribute?

Previously I was getting 50% on every dollar I invest up to 4 percent of my pay.  So essentially a match of 2%.

I now work for one of the Big 3 US auto makers.  I now have a dollar for dollar match up to 3.5%; along with a stock purchasing program (to purchase stock of the company I work with) where they will match 90% on the dollar up to 5% of my pay.  So if you max each of those out it is essentially an employer match of 8%. 

PS - The company stock purchase program is interesting.  I can pull out the money I invest within a month; the company match needs to sit there for a couple of years.

10% of salary
Title: Re: What is your Employer Contribution?
Post by: xenon5 on January 10, 2015, 08:38:25 PM
Mine is 3% of 100% of salary which seems pretty stingy after reading through this thread!  How does vesting work for all of you and how good are the funds, especially where it's 6%+?  Mine is immediate and we have access to Vanguard institutional funds for domestic stocks, so it's not all bad.
Title: Re: What is your Employer Contribution?
Post by: Teddy25 on January 11, 2015, 02:18:41 AM
Fortune 500 private ( non profit)

401k match - 100% match first 6%, 5 year step (vest 20% a year)
Plus "Pension" - 5% of gross income, return at 10year U.S. treasury rate, 3 year cliff(100% vest @ end 3rd year)
Deposited with every paycheck
Title: Re: What is your Employer Contribution?
Post by: Frugalicious on January 11, 2015, 04:33:19 AM
8% as long as I contribute 2%.  Immediate vesting.  We have Vanguard target date funds plus probably 15 others. 
Title: Re: What is your Employer Contribution?
Post by: Davin on January 11, 2015, 10:28:42 AM
4% + 100% match of up to an additional 4%, immediate vesting. This is the first job I've had that offers a 401k and I feel very fortunate to have this. I don't know anyone else in this area who gets this kind of deal, except my coworkers.
Title: Re: What is your Employer Contribution?
Post by: Capsu78 on January 11, 2015, 12:14:17 PM
Match 100% up to 5%, contribute 5% and they match you at 6%- Large multinational information services company.
Title: Re: What is your Employer Contribution?
Post by: mm1970 on January 11, 2015, 01:14:59 PM
nothing.  Zip. Zero, Nada.

Yep, and don't forget zilch.
You're right!

Spouse's company matches 10-20% of his salary though.
Title: Re: What is your Employer Contribution?
Post by: Mr. Frugalwoods on January 11, 2015, 01:49:45 PM
My company does 2% employer contribution (regardless of employee contributions) + 6% dollar for dollar match. 

3 year even vesting schedule.

Pretty sweet deal, and a major reason why our retention is higher than the industry average.  Which in turn is a major reason why our productivity per employee blows our competitors out of the water.  I think it's money well spent.