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Your road to the RFD 100k individual Salary!

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  • Nov 21st, 2017 8:23 pm
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[OP]
Deal Addict
May 18, 2015
1118 posts
261 upvotes
Ottawa,Ont

Your road to the RFD 100k individual Salary!

Thought I would start this thread to see the different career options and paths everyone took to reach 100k INDIVIDUAL salary.

Myself...I am not there yet but hope to reach it one day. I am a fresh grad earning 55k working towards my Peng.
Would love to hear everyones path to the century mark!
394 replies
Deal Addict
User avatar
Mar 23, 2008
4952 posts
2449 upvotes
Edmonton
Same post in the 50k thread...

For me, it was getting a 2 year CST (Computer Systems Technology) diploma at a local college. Fresh out of that, was 30k (and this was 1997 $$$), then 6 months later got a job in the US at $35/hour US (approximately the same exchange rate as now, I believe). Came back to Canada after a year in Miami, and it's been over 50k since. From 1999 to 2009, it was a pretty steady climb from $50k to $100k, when I became a private contractor. After 3 years of that, have been at $85/hr for a few years now.

C
Deal Addict
Apr 21, 2014
1153 posts
293 upvotes
Alberta
I will assume base salary not including bonus. I did my CA while working for a large accounting firm. Was making 67k when I left as a senior and went to a financial reporting role with a mining company making 85k then got a raise to 90k. Just before I turned 30 got promoted to a role making 103k. Now I am at a different company making 135k plus bonus but have been at that salary since 2013 :( . All of the roles have/had bonus.
Deal Addict
Dec 21, 2011
3243 posts
574 upvotes
London
I have been working for years and years for hours and hours and hours a week and am many thousands away from 100K. Posting in here before <100kers are banned :p
Deal Expert
Oct 6, 2005
15980 posts
1883 upvotes
04, software, 48K
05, software, 58K
06, software, 65K
07, software, 71K
08, software, 81K
09, software, 100K
10, software, 100K
11, software, 100K+
12, software, 100K+
13, software, 100K+ (stuck...)
14, sales, 100K++
15, sales, 100K+++++ (asked for a raise)
16, sales, 100K++++++++
Last edited by coolspot on Jun 1st, 2016 6:05 pm, edited 1 time in total.
Sr. Member
Dec 16, 2014
792 posts
405 upvotes
Easter Island
14 - 0k
15 - 30k
16 - 100k

0-100 real quik
real estate baller
Deal Addict
Nov 8, 2013
1226 posts
226 upvotes
Mecca
karakoram wrote:
Jun 1st, 2016 7:39 pm
14 - 0k
15 - 30k
16 - 100k

0-100 real quik
real estate baller
Nice work bruh
Newbie
Jun 14, 2015
90 posts
23 upvotes
New Westminster, BC
Pharmacy is a profession that pays well right out of school, but doesn't have much opportunity for growth. In my first full year out of university I worked enough extra hours and overtime to put me over 100k. I got promoted to dispensary manager the following year and earned over 100k since. While I can't complain, it is difficult to stay motivated professionally as I've essentially hit the glass ceiling before reaching 30 years old.

I'm lucky that I started when I did as wages for new pharmacists are 30% lower than when I graduated.
Newbie
Oct 4, 2007
13 posts
1 upvote
2010 fresh grad 73k
2012 promotion 83k
2013 finished part-time masters, found new job in the States for 100k USD

Since then I've had a couple raises, but ended up moving back to Canada to get married and settle down in 2015. Almost had to take a big pay cut because of the lack of employer options and just generally lower pay in Canada. I negotiated hard and maintained the same base... still lost big perks and sizable compensation in stock grants.

Looking back, staying put with the same company would have put me at 100k by now, the much faster way for me was job changes. It's also interesting that new employers tend to use your current pay as a metric to fit you into a role and a range, then they try to beat that by some %, even within your own company your performance increase is always a %, in that sense it's like how compound interest works, working/negotiating hard for higher pay early in your career should really pay off in the long run.
[OP]
Deal Addict
May 18, 2015
1118 posts
261 upvotes
Ottawa,Ont
tooniz wrote:
Jun 1st, 2016 8:54 pm
2010 fresh grad 73k
2012 promotion 83k
2013 finished part-time masters, found new job in the States for 100k USD

Since then I've had a couple raises, but ended up moving back to Canada to get married and settle down in 2015. Almost had to take a big pay cut because of the lack of employer options and just generally lower pay in Canada. I negotiated hard and maintained the same base... still lost big perks and sizable compensation in stock grants.

Looking back, staying put with the same company would have put me at 100k by now, the much faster way for me was job changes. It's also interesting that new employers tend to use your current pay as a metric to fit you into a role and a range, then they try to beat that by some %, even within your own company your performance increase is always a %, in that sense it's like how compound interest works, working/negotiating hard for higher pay early in your career should really pay off in the long run.
What was your masters in?
Deal Fanatic
User avatar
Apr 23, 2004
8198 posts
52278 upvotes
Montreal
Hi there,

I'm really jealous of you guys... :(

Ju Leon...
Newbie
Oct 4, 2007
13 posts
1 upvote
nikels21 wrote:
Jun 1st, 2016 9:57 pm
What was your masters in?
Oh hey OP, just noticed that you're an engineer too.

I did undergrad in Electrical Engineering, masters in Computer Engineering both from the same university. Kind of did it so that I don't have to put my crappy undergrad GPA on the resume =P
In the end, I'd like to think it was well worth it, since it adds in the best case 2 years of experience on paper so that HR can justify better position/pay.
Member
Aug 20, 2008
278 posts
57 upvotes
GTA
nikels21 wrote:
Jun 1st, 2016 3:17 pm
Thought I would start this thread to see the different career options and paths everyone took to reach 100k INDIVIDUAL salary.

Myself...I am not there yet but hope to reach it one day. I am a fresh grad earning 55k working towards my Peng.
Would love to hear everyones path to the century mark!
Hey OP what do you do? Where do you work?
[OP]
Deal Addict
May 18, 2015
1118 posts
261 upvotes
Ottawa,Ont
freebies53 wrote:
Jun 1st, 2016 11:35 pm
Hey OP what do you do? Where do you work?
I graduated with a B.Eng in Civil Engineering, currently working in Ottawa
Member
Dec 28, 2011
291 posts
79 upvotes
TORONTO
Here is my path that I'm particularly proud of coming from single parent family on welfare who never topped 30k while she was working.

Same company, studied computer engineering in university. Did a paid internship at this company after third year engineer in 2008 then went back after graduation at age 23. Doesn't count bonuses and stock options.

'10 newgrad 68k
'11 raise 76k
'12 promotion 84k
'13 raise 89k
'14 raise 96k
'15 promotion 104k
'16 raise 111k

In the first year I bought a giant new construction house in Richmond Hill with my wife which felt risky but was a good move looking back now that we started our family.

The moral of my story is if you work hard and are smart (in your decisions, you don't have to be a genius in real life) and don't mind taking risks occasionally, anything is possible especially in your fresh twenties.

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