#misunderstanding

Am I misunderstanding my employer match?

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Am I misunderstanding my employer match? This is at my first job out of college. I recently made my first 401k contribution of $2,898.38. I see that my company offers a 100% match of 4% of annual salary, which would be $2800 for me. The employer match I received was only $116.67 instead of $2800. The $116.67 seems to be 4% of the $2,898.38 I contributed instead of matching 4% of my $70…

Reddit Personal Finance 862 2024-11-21

Am I misunderstanding website conversion rates?

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Am I misunderstanding website conversion rates? Just read that e-commerce websites generally convert between 1% – 5%. I assume that in the context of e-commerce, in most cases what is meant by “conversion” here is that a sale is being made (not a newsletter-conversion). But what baffles me is that this seems incredibly high? If I get 20.000 monthly visitors, and I assume a “low” conversion ra…

Reddit ecommerce 1.3k 2024-03-31