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Locked: Share your budget and how to raise kids

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  • Jan 8th, 2018 9:53 pm
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[OP]
Sr. Member
Dec 24, 2009
814 posts
456 upvotes

Share your budget and how to raise kids

Thread has turned into something wonderful, so editing to reflect the new direction! Grinning Face With Smiling Eyes
Last edited by Ken_vs_Ryu on Jan 1st, 2018 2:52 pm, edited 2 times in total.
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160 replies
Deal Fanatic
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Sep 12, 2007
6122 posts
861 upvotes
Greely
2% the norm at our company.
Deal Addict
Sep 9, 2017
1506 posts
1248 upvotes
Winnipeg
2% here as well.
Deal Addict
Jan 19, 2008
1331 posts
932 upvotes
Etobicoke
2017 inflation is around 2%. Got more than that , then consider yourself lucky.
Deal Addict
Feb 7, 2006
2274 posts
858 upvotes
Even with wage growth expanding in Canada as of late, it is still 2.2% y/y which would suggest that 5% is more of the exception than the norm. 5% - sorry, 4.666% - sounds pretty good.

https://www.reuters.com/article/canada- ... SL2N1MH0ET
Deal Guru
User avatar
Mar 9, 2007
13866 posts
8931 upvotes
Think of the Childre…
11.8%

WOULD SOMEBODY THINK OF THE CHILDREN!!!
Deal Fanatic
Jan 18, 2003
5851 posts
1630 upvotes
Mississauga
0% 2017
0% 2018
Deal Addict
Oct 18, 2014
1966 posts
858 upvotes
HK
Percentage is relative. Going from 50-60k (20%) feels great compared to 200-210k (5%).

All in all, you're paid what your perceived value is.
Sr. Member
Nov 6, 2015
955 posts
557 upvotes
Guelph, ON
You probably got a higher raise than 90% of the country and you're complaining?!?
Deal Fanatic
Jan 18, 2003
5851 posts
1630 upvotes
Mississauga
MoneyHypeMike wrote: Damn, where do you work?
labor work... we do get 2% in 2019 though...lol
Deal Addict
Apr 21, 2014
2261 posts
1018 upvotes
Alberta
Ken_vs_Ryu wrote: End of year raises. Anyone else get less than 5%, is this the new norm? 4.666 I mean they couldn't round it up?
5%? Try 2-2.5% being the norm. Last year was max 2%, year before was a wage freeze.
Deal Guru
Dec 11, 2008
10086 posts
1516 upvotes
Husband got 3%, I got 3% as well. Most people got like 2%
Deal Fanatic
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Dec 27, 2009
7241 posts
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Victoria, BC
Some years nothing. I would expect no more than inflation if anything. 5% would be good.

PS - I didn't realize "end of year" raises were a thing. I've never gotten an increase at this time of year in any company I've worked for.
Deal Addict
Apr 21, 2014
2261 posts
1018 upvotes
Alberta
Chickinvic wrote: Some years nothing. I would expect no more than inflation if anything. 5% would be good.

PS - I didn't realize "end of year" raises were a thing. I've never gotten an increase at this time of year in any company I've worked for.
Neither have I. Our raises and bonus payments usually happen in February after the financial results for the year are released.
Deal Addict
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Mar 3, 2011
3706 posts
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Usually your raises are also reflective to the pay band scale if your company has one - if you are at the HIGH end of the scale, expect that your bonus keeps on dropping yearly unless you fall under different circumstances.
Jr. Member
Dec 15, 2010
125 posts
166 upvotes
2015 - 0%
2016 - 0%
2017 - 0%
Deal Fanatic
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Jul 7, 2003
7270 posts
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T dot 6
2%

On the plus side our stock price has doubled so the stock purchase program has kicked butt.
stubhub and clearly.ca suck, like really suck
Deal Fanatic
Dec 6, 2006
5111 posts
1457 upvotes
Toronto
I got 5.5% for mid-2017. I was told i got the biggest raise in our team. Not sure if it's really true, or if it's biggest in % or in actual dollar value.

Not too happy tho as I'm really looking for a promotion which my manager said so surely would happen for the last 2 years. So it's nothing but a sour loser prize to me. Well i guess it showed I'm still somewhat valuable to the manager at least?!

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