Thread regarding Cisco Systems Inc. layoffs

Cisco 401k matching

I read it is 4.5% base, If someone's base is $300k, will cisco match $13.5k per year.

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| 971 views | | 6 replies (last October 7, 2024) | Reply
Post ID: @OP+1uQorXt8

6 replies (most recent on top)

The match is based on your contributions to your 401k, not your salary.

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Post ID: @2ego+1uQorXt8

For real info on the matching login to the benefits site. You can select salary and bonus/commission matches.

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Post ID: @2zfo+1uQorXt8

300K base + 150K RSUs (considering a 4 year vesting) + bonus = 500K annually. On what planet are you to think this is normal salary in the US ??? Half a mil per year ? You need to be a senior engineer in a top company.

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Post ID: @2dgq+1uQorXt8

question is, what's max 401k match

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Post ID: @pcz+1uQorXt8

Yes 300k base + 600k RSU is quite average in US

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Post ID: @atx+1uQorXt8

Is 300k normal in US as base? In Europe 80k is already hard to find lately.

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Post ID: @jbv+1uQorXt8

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