offer in calgary
 

Hi ,
I had taken a lot of advice on job search from this forum..Thankfully I got an offer from a calgary based company..I am in the process of evaluating the offer. I am now evaluating the offer and would appreciate any advice.

* Offer is 90k annual
* Extended Health & Dental Plan for family (80% coverage)
* Life Insurance , disability insurance, Accident insurance coverage.
* Relocation : Upto 15k

Questions
1. Would this be a good salary for a single income family of 3 members (expecations: half duplex house or 2 bedroom condos in a good location, basic lifestyle)?
2. How to calculate the net pay after tax and deductions(family with 1 child)
3. Will I be able to secure a mortgage in atleast 6 months based on this income ? What is the typical downpayment
looking forward to ur inputs.

Re: offer in calgary
 

I have just been offered a Job in Calgary and will be moving over in October.

I have been offered CAD 75,000 with similar benefits and relocation expenses.

This salary calculates to 4,700 per month take home, I have decided to rent for two reasons one to get to know the areas before I buy and to allow the uk market to recover (if ever) to get the right price for my uk property, I am led to believe a minimum deposit of 10% is required to obtain a mortgage.

I have researched and been over to Calgary and believe this salary will give myself, wife (who will not be working) and our two young children a better standard of living than we had in the UK

Re: offer in calgary
 

both job offers seem pretty good to me, 90k is a good starting wage and you'll get a nice detached house for that with a decent deposit of course.

Re: offer in calgary
 

Hi atmnet,

Congratulations on what seems like a very healthy job offer and relocation package. Suspect you are well on your way to being able to achieve your stated goals. I found this simple resource that will help, to some degree, with the take home pay question.
http://www.walterharder.ca/Take%20Ho...alculator.html
To complete the picture, you'd need to figure out how much, if anything, you need to contribute to the health/insurance benefits.
The following will help you figure out the mortgage situation.
http://www.cmhc-schl.gc.ca/en/co/buho/buho_005.cfm

We hope your move across is a great success. We've been here (Okotoks) 11 months so far and are enjoying it very much.

Kind regards,

Eamonn & Janet.

Re: offer in calgary
 

One thing I would try and negotiate a bit on would be relocation costs. This is fully taxable and so $15 may therefore not cover your container and flights

Gryph

Re: offer in calgary
 

$15K is good -Calgary Health Region only offer $6K!