Originally Posted by
Yourrid
Yea, your contribution is absolutely vested immediately. But NK is (unassumingly) using vestment as a carrot to stay with the company. I think I had 20k that the company gets back. Didn't phase me one bit...
Vesting periods aren't a carrot to get people to stay, its a way to help the company pay for the 401k program if people leave, the forfeited funds are sent back to the company for the purpose of paying for the program. I know this doesnt faze you, which is why I dont think the company set up a vesting program as a carrot, they know people will leave.