No it is 17%. Thinking about it in thousands, assuming 100k salary, let's assume he went for the max percentage that's match eligible, so 12%. So that's $12k. So for the first 5k (ie, 5%) they match it at 200%, meaning they put in double that, so 10k. So already his total is at 15k (5 him + 10 them).
Now for the rest, 12k - 5k = 7k. So that 7k (which is the 6-12% range), they match 100%, so 7k.
So in total, we have 12k from him, and 17k (10+7) from them. Or, 12% and 17%. So yeah, 17% is the maximum match he can get.
Wolf7Children t1_iyefw8y wrote
Reply to comment by [deleted] in Is 11% salary increase worth switching jobs? by [deleted]
No it is 17%. Thinking about it in thousands, assuming 100k salary, let's assume he went for the max percentage that's match eligible, so 12%. So that's $12k. So for the first 5k (ie, 5%) they match it at 200%, meaning they put in double that, so 10k. So already his total is at 15k (5 him + 10 them).
Now for the rest, 12k - 5k = 7k. So that 7k (which is the 6-12% range), they match 100%, so 7k.
So in total, we have 12k from him, and 17k (10+7) from them. Or, 12% and 17%. So yeah, 17% is the maximum match he can get.