The Complete Package: How Much are Benefits and Bonuses Really Worth? Jun 4th

Insurance policy getting you down? There are always sound insurance alternatives.
Latest News
 life insurance

What getting a backyard fire pit will do to your home insurance + MORE Nov 23rd

Backyard fire pits, hot tubs, and other outdoor upgrades have never seemed more appealing than after spending most of 2020  practically housebound.  When Bob Peters, a 65-year-old lawyer from Winnipeg revamped his backyard five years ago—with an elevated deck, hot tub, seating area, natural gas .... More »

TFSA contribution room calculator + MORE Aug 28th

TFSA contribution room calculator Find out your current tax-free savings account (TFSA) contribution limit by using this calculator. Note that in the second box below, you should not “double count” contributions that you have withdrawn and then legitimately re-contributed in the following.... More »
 online insurance

What is comprehensive insurance and what does it cover? + MORE May 23rd

Comprehensive insurance essentially covers you for things that happen to your car that aren’t caused by you or another driver. Think of it this way: If collision insurance covers you for accidents, comprehensive insurance covers pretty much everything else that could happen to your vehicle. It pro.... More »
 renter's insurance

Staying in Canada but travelling to a different province this summer? Then, yes, you need travel insurance Aug 11th

Even prior to the pandemic, OHIP did not cover medical expenses such as ambulances, prescription drugs and specialists’ fees in other provinces..... More »
 travel insurance

Canada’s best credit cards 2022 Nov 24th

Spend Best credit cards in Canada for 2022 Searching for the perfect credit card? In under 60 seconds, CardFinder narrows down your top matches without impacting your credit score, no SIN required. Let's get started .... More »
The Complete Package: How Much are Benefits and Bonuses Really Worth?
If you’ve ever had to debate the pro’s and con’s of a new job offer, or renegotiate a contract, you know it’s not always easy to evaluate the worth of a potential compensation package. Benefits and bonuses add a lot of complexity to the process; it doesn’t always come down to salary dollars and cents.
Benefits can quickly add up to make the compensation package more competitive, and it’s important to truly understand their worth. Five of the most common employee benefits include: health and dental insurance, group life insurance, training expenses, vehicle allowances, and gifts and awards. All of these perks could make up more than 20 percent of your total compensation package. Here’s how to evaluate them fairly, and know if you’re really getting a good deal.
Time is money, so think about its true value
There is nothing more valuable than your time, but paid days off are something we often don’t consider as compensation. It’s harder to place value on them than a straight up salary number, but a higher take-home pay isn’t always more important in the long run…

Continue Reading On ratesupermarket.ca »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!