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Compensation

June 5: Best from the blogosphere

Posted by on Jun 19, 2017 in Compensation, Consumer savings, Quality of Life, Retirement, Saskatchewan Pension Plan | 0 comments

June 5, 2017 This week it’s back to basics with some of our favourite bloggers. On HowToSaveMoney.ca Heather Clarke shares Budget Home Decorating Ideas. She says you can often make a “knock off” of a pricey designer item and a little bit of spray paint goes a long way. She also reminds us that there are some hidden gems at the dollar store. Rona Birenbaum, a financial planner at Caring for Clients offers 5 reasons why you should negotiate your severance package. She notes that there...

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Understanding Employment Insurance changes

Posted by on Feb 5, 2017 in Compensation, Insurance, Saskatchewan Pension Plan | 0 comments

November 17, 2016 By Sheryl Smolkin —– All employed Canadians and their employers must contribute to the federally-operated Employment Insurance plan. So if you lose your job, three of the first questions you will likely ask are: How much can I expect to receive from EI? How long do I have to wait? For how many weeks can I receive benefits? Generally in 2016, you get 55% of your previous income, up to a maximum of $537 per week after a two-week waiting period. You can receive...

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Canadian salary increases expected to stay flat in 2017

Posted by on Feb 5, 2017 in Compensation, Saskatchewan Pension Plan | 0 comments

November 3, 2016 By Sheryl Smolkin —- Whether you are early in your career or well-established, pay raises are important. They help you deal with the rising cost of living and are tangible recognition of your progression up the ranks in your organization. Organizations typically create a “raise pool” which is the number of dollars they budget for all employee salary increases. While base pay may increase by two or three per cent on average, that does not mean that everybody gets the...

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Side hustles you can take to the bank

Posted by on Oct 18, 2016 in Compensation, Money management, Saskatchewan Pension Plan | 0 comments

October 6, 2016 By Sheryl Smolkin —   If you are having trouble making ends meet you can spend less, get a job that pays more money or work more hours. Spending less will only take you so far in your quest for a balanced budget and better paying jobs are not always easy to find, particularly in the short-term. However, there are lots of options available if you want to put in more time. Where overtime is readily available in your primary job, taking on a few extra shifts could...

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How to choose a career

Posted by on Aug 13, 2016 in Compensation, Millenials, Saskatchewan Pension Plan | 0 comments

July 7, 2016 By Sheryl Smolkin —- While selecting a future career at the end of high school or university may seem like a momentous, life-long commitment, the fact is that few people spend their whole life anymore in the same job or even doing the same type of work. In a 2014 article on Workopolis Peter Harris noted that from 1990 through 2000 the number of people staying at their jobs for less than two years doubled from 16% to 33% of employees. That trend has only accelerated into...

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Getting rid of performance ratings can lead to lack of transparency

Posted by on Aug 11, 2016 in Compensation, Employee Benefit News | 0 comments

By Sheryl Smolkin Published August 09 2016, 10:00pm EDT — A new study from Aon Hewitt says that many companies that profess to getting rid of performance ratings simply move the rating system underground. This often leads to a lack of transparency and undermining trust between managers and employees. The consulting company’s survey of financial services organizations reveals that nearly all still use a traditional performance rating scale. Parallel research in the technology...

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