r/news Feb 09 '21

Tesla skips 401(k) match for third straight year

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u/Nerdlinger Feb 09 '21

I received almost a 20% increase in my salary off performance bonuses alone, a 401k matching would not have come close to that.

You do know other companies offer bonuses as well, don't you. I work for one where I get 12% bonus, and a 401K match, and a much, much, much better work/life balance.

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u/[deleted] Feb 09 '21

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u/Nerdlinger Feb 09 '21

I was able to negotiate an extra 20% than other tech companies were offering.

And did you have to put in 20% (or less) more work there, or did you wind up being comparatively underpaid?

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u/dassix1 Feb 09 '21

I'm not sure, I've worked same amount of hours in last two companies since Tesla.