Tech industry - what are your employers pension contributions like?

Sesame

Just wondering how competitive my employer is, based on the industry average. Not sure where to find that out other than asking here!

My employer puts in double what I do, so if I pay 2% they pay 4%,or if I pay 4% they pay 8%.
My last employer was better at double plus 2%.

If I was moving on, whats good for a new contract these days?

Senna

That was a great deal, so if you paid €200 in a month, they would pay €400 meaning €600 into your pension per month?
Mine is they match up to 5%, it's not great and I'd be aiming for better from the next job.

um7y1h83ge06nx

Senna wrote: »

Mine is they match up to 5%, it's not great and I'd be aiming for better from the next job.

Same here. The OP had a great deal.

Atlantic Dawn

Up to 10% matched on your contributions would be seen as average, some provide more than this.

Senna

Atlantic Dawn wrote: »

Up to 10% matched on your contributions would be seen as average, some provide more than this.

That would certainly be my goal for short term, didn't realise that was average, good to know.

pauliebdub

My previous job, IT department of a foreign bank, it was 15%, current job in an IT consultancy it's only 3% both non contributary.

Sesame

Thanks, I had no idea it was better than average. I should take advantage while I'm still there and pay in more. I'm really not making the most of it.

I put in 3% and they put in 5%, that's the best they'll do. I can put in more if I like. Sounds like you had a very good deal OP.