108 employees reported this benefit
The 401k savings plan allows you to save on a tax-deferred basis through convenient payroll deductions. You are eligible for the plan as soon as you’re hired, and you can save up to 25% of your eligible pay (certain limitations may apply). The plan offers automatic enrollment, which means you will be automatically enrolled at a contribution rate of 6% of your eligible pay, unless you select a different rate or decline participation. Nestlé will match what you put in: 100% match on the first 3% of eligible pay you save and 50% match on the next 2% of eligible pay you save.
401K matching once vested (3 years)
Upto 5% match and good pension plan
This is a great plan for the future.
4% match is pretty good
Nestle match big part of your payment
Nestle matches dollar for dollar starting at 5%.
Great matching rate for the 401K.
Not sure what is good. Match dollar for dollar up to 5% of income
They will match you up to 5%.
Standard 401K pension plans. Would be great if Nestle did not force people to stay 3 years to have the matched contribution vested.