All About the Revenue


I have previously worked for another government contractor. Checked out their latest earnings report. They wanted to show where they stood compared to other companies. Here were some megacorps that were out of their league when you consider revenue:

  • $115B Hewlett Packard
  • $103B IBM
  • $76B Microsoft
Then there were a bunch of companies in the same arena in terms of revenue as my prior company:

  • $28B Accentue
  • $25B Northrop Grumman
  • $24B Raytheon
  • $15B CSC
  • $13B L-3
  • $11B SAIC
Some of these stats threw me. Who knew HP took in so much money? And both HP and IBM beat out Microsoft. I was also surprised that L-3 and SAIC were as big as they were. I thought they were tiny compared to say a Northrop Grumman.

There Goes the Benefits

One of the greatest benefits provided by my company is the huge 401k deposit employees get each year. Nobody else in the industry seemes to compare. You don't even have to put any of your own money in your 401k. The company just drops a huge sum in there on a yearly basis. It is not employer match. This is employer deposit.

There were rumors that this could not continue forever. The company changed ownership. Then we went public. The consulting market is weak. Something had to give. Now it is official. The company will still drop a gift in our 401k accounts each year. It just won't be as generous an amount.

The party was fun while it lasted. I just need to try to make sure I take full advantage of all the other perks the company provides. I do training once a year which is great. Plus I take advantage of my education funds by attending community college. So far the company is pretty generous covering college expenses. Might be time to max out that benefit.

There is not much downside to further education. You get to learn. You acquire relevant textbooks on good topics if you choose your courses wisely. I guess I might have to pay back some of this if I leave the company. So I cannot go crazy. Still, this benefit seems ripe for the picking.