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-   -   Work Benefits (https://www.revscene.net/forums/578579-work-benefits.html)

miss_crayon 06-09-2009 11:43 PM

first pick on units before it goes to market
$5000 down only before development completion

slammer111 06-09-2009 11:56 PM

My last job I had a company van (2007 Caravan) that could also be used for personal travel. EVERYTHING was covered. It was a taxable benefit, but that was pretty sweet, especially when I went to Seattle and Whistler. :thumbsup:

hotjoint 06-10-2009 08:09 AM

free gym pass that works in any gym in surrey, company matches up to 5% for rrsp, I can work from home

Quote:

Originally Posted by quasi (Post 6458021)
I don't get anything like that but I do get a New F150 every three years that I use for work and also doubles as my personal vehicle when not at work. It's not some basic bare bones model either, 4x4 with every option available. They pay for my insurance and all my gas which is good because my montly fuel bill is almost equal to my mortgage payment on my house, no joke.

lucky you

buddy 06-10-2009 08:14 AM

all you can drink coffee that taste like shit ..

bsftong 06-10-2009 08:26 AM

I get to go on Revscene at work, unlimited coffee, and unlimited water.


6% RSP matching, occasion company functions (lunch, dinner, bbq, golf tournies), small private gym, get paid cash for carpooling, wellness program (basically get free gift cards for exercising), tickets to events @ GM place in company's box.

taylor192 06-10-2009 08:54 AM

Quote:

Originally Posted by E N D L E S S (Post 6458287)
My company pays 6% of my gross income into my RRSP....(not match, they straight up pay, no matter what I do) :D

5% of my total gross annual income (including overtime) given back to me as a bonus every year

Where do you work and what do you do?

124Y 06-10-2009 09:39 AM

Quote:

Originally Posted by bsftong (Post 6459397)
I get to go on Revscene at work

Best benefit ever!!

dark0821 06-10-2009 10:11 AM

lol.. i also gets to go on revscene.. haha.. and play starcraft.. and NO i am not korean haha

Tapioca 06-10-2009 12:08 PM

All I get is a pension indexed to inflation. It doesn't sound like much now, but I imagine that I will be a lot better off than most people when I hit my 60s.

RRSPs contribution/matching schemes sound great in theory, but I don't know anyone who maxes out their contributions (~15-20K/year) in their 20s.

taylor192 06-10-2009 01:03 PM

Quote:

Originally Posted by Tapioca (Post 6459695)
RRSPs contribution/matching schemes sound great in theory, but I don't know anyone who maxes out their contributions (~15-20K/year) in their 20s.

That's cause you know a lot of dumb people.

What other investment do you know that returns XX% on day 0?

I'm been maxing mine out since my last company starting offering it and my new company offers it too. I'm 30yo now with enough in my RRSPs to retire comfortably ($40K/yr inc CPP and OAS) without putting another dime in.

Gumby 06-10-2009 01:30 PM

Free tuition (well, 18 credits) at UBC. And for every $1 I pay into pension, company pays $2.

quasi 06-10-2009 01:50 PM

Quote:

Originally Posted by taylor192 (Post 6459800)
That's cause you know a lot of dumb people.

What other investment do you know that returns XX% on day 0?

I'm been maxing mine out since my last company starting offering it and my new company offers it too. I'm 30yo now with enough in my RRSPs to retire comfortably ($40K/yr inc CPP and OAS) without putting another dime in.

Thats awesome for you and your in a good position but like he said very few people max them out. You're in the huge minority Canada wide of people able or other wise that do it.

Tapioca 06-10-2009 02:36 PM

Quote:

Originally Posted by taylor192 (Post 6459800)
That's cause you know a lot of dumb people.

What other investment do you know that returns XX% on day 0?

I'm been maxing mine out since my last company starting offering it and my new company offers it too. I'm 30yo now with enough in my RRSPs to retire comfortably ($40K/yr inc CPP and OAS) without putting another dime in.

That's great for you, but I imagine that you made well-above the average salary in your 20s.

Maybe I'm underestimating, but I would say that 50K is the average salary for a yuppie in their 20s. After taxes, what is that - 30-35K? So, basically the average person would need to be extremely disciplined and put away half of their income towards an RRSP - the fruits of which won't be realized for a very long time. Mind you, the average person in their 20s is susceptible to all sorts of other things, like cars, vacations, women, and other useless things to blow money on. I'm not saying it's right or smart; I'm just stating the reality.

I don't claim to be a financial expert, but if you have enough in your portfolio now to retire comfortably, I must say that you're pretty darn shrewd (which the average person isn't) in light of what the markets were doing 6 months ago.

johny 06-10-2009 02:48 PM

Quote:

Originally Posted by Tapioca (Post 6459695)
All I get is a pension indexed to inflation. It doesn't sound like much now, but I imagine that I will be a lot better off than most people when I hit my 60s.
.

I would rather have a set pension. both my parents were gov. workers and now get xxx every month no matter what happens to the world ecnomoy (unless the governent folds...) were as anyone with RRSP lost a crap load of money last year... my company plan droped 30-40% in the past 12 months. luckly I'm young and there isn't much in it yet!

johny 06-10-2009 03:06 PM

Quote:

Originally Posted by taylor192 (Post 6459800)
That's cause you know a lot of dumb people.

What other investment do you know that returns XX% on day 0?

I'm been maxing mine out since my last company starting offering it and my new company offers it too. I'm 30yo now with enough in my RRSPs to retire comfortably ($40K/yr inc CPP and OAS) without putting another dime in.

if the avg person maxed out their RRSP every year from highschool to age 30 they'd have around 100-200k total in it... So I don't know what the hell you did. even if you made over 100k each year between 16 and 30 you'd still only have around 300-500k in an RRSP account. a few million short of retiring at age 30.

but the avg person is not going to do that because it's imposible. the avg person can't even buy a small apartment and make mortgage payments with todays prices let alone mortage payments + RRSP.

bcrdukes 06-10-2009 03:28 PM

Quote:

Originally Posted by Jun Kitami (Post 6458663)
The only thing I get is, invading your privacy of your account with us,

Post an example and screen shot of this and where you work or I'm calling your bluff.

RFlush 06-10-2009 04:04 PM

I get paid to do nothing. Pretty good perk albiet it's for only a certain amount of hours since I'm capped per semester. Thanks for paying your tuition guys :)

tiger_handheld 06-10-2009 09:03 PM

Quote:

Originally Posted by RFlush (Post 6460002)
I get paid to do nothing. Pretty good perk albiet it's for only a certain amount of hours since I'm capped per semester. Thanks for paying your tuition guys :)

elaborate please.

Poonpee 06-10-2009 09:27 PM

Free or $5 hkd jackets/bags/Tee from The North Face, Vans, Jansports, Lucy, Kipling, Napapijri, Lee, Wrangler, Nautica 7 for all men kind....etc and i get ice cream day, popcorn day and alot more

I work at VF Asia =P

RFlush 06-10-2009 10:32 PM

Quote:

Originally Posted by tiger_handheld (Post 6460468)
elaborate please.

Im a research assistant for one of the profs and I get paid through the school. Basically she gives me a simple task like making powerpoint slides, takes me 1-2 hours to do and then I log in 11 hours a work per week. Im limited to small hours as it's suppose to only be part time and not effect your school work, but it's not bad pay and like I said, I don't do much.

impactX 06-10-2009 10:38 PM

Medical, Dental, free softdrinks, company matches 1.5x of my contribution to the retirement fund I think, CAD$50 for meal and free cab home when I work overtime on a weekday, CAD$50 for each meal and free cab to and from work if I have to work overtime on a weekend, wired/wireless network for my laptop, housing reimbursement... etc

DC5-S 06-10-2009 10:49 PM

6% RRSP match, 1k bonus end of year before tax, pizza sometimes, $70 safeway gift card for christmas!! :D

HC^2 06-10-2009 11:07 PM

i get to drive supercars. :D well super nice cars.

Blinky 06-10-2009 11:33 PM

Quote:

Originally Posted by johny (Post 6459912)
I would rather have a set pension. both my parents were gov. workers and now get xxx every month no matter what happens to the world ecnomoy (unless the governent folds...) were as anyone with RRSP lost a crap load of money last year... my company plan droped 30-40% in the past 12 months. luckly I'm young and there isn't much in it yet!

Lollerskates.

You don't get it, do you?

Pension that's indexed to inflation is a defined benefit pension. And a (defined benefit) pension that isn't indexed to inflation sucks ass relative to one that is indexed.

Taylor, I don't mean to pry, but I can't see how you could save that much money that early unless you had an unusually high income, or are projecting a certain rate of return for contributions that you've already made.

...and so this post isn't completely off topic, my company provides:
medical/dental, matching contribution dollar-for-dollar for the first 6% of each paycheque that I save, pension contribution on top of that, company car (for my position at least) and some other stuff that would matter if I had wife and kiddies.


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