The Accenture Employees Benefits at Retirement

Accenture provides a number of benefits -- such as health and dental insurance -- to its employees. Among these benefits are several financial tools and programs for employees' retirement. Accenture encourages employees to take advantage of several retirement benefits within the company. It also offers a free service for employees called LifeWorks geared toward helping employees with finances, including planning for retirement.

New employees at Accenture become eligible to make contributions to the 401(k) program from their first day on the job. Accenture matches employees, dollar for dollar, for up to 6 percent of their salaries. Employees over age 21 begin receiving employer matches either on Jan. 1 or July 1 after the completion of their first year with the company. If you began work on Nov. 1, 2010, for example, you could begin contributing toward your 401(k) with your own money right away. The company would begin making its contributions on Jan. 1, 2012. You would have access to the company’s contributions after two years of service.

A stock purchase plan allows employees to purchase company stock at a discounted price. This is not as secure as the 401(k) plan -- since the value of stock will depend on how well the company is doing financially -- but it is an opportunity to get cheap stock as a future investment. Stock can be cashed in all at once, or you can sell a few of your shares, as you need the money.

A pension is a certain amount of money your company pays you after retirement. The amount it pays you is usually based off a percentage of your salary, so it will vary from person to person. Accenture’s pension is meant to be a supplemental source of income to add to your 401(k) money and the stocks you purchased during your years of service. The pension fund is fully funded by Accenture; employees do not make contributions to it.