I recently moved to Canada and I have 2 offers to decide between. The first is a contingent worker role at Autodesk which pays $80 CAD an hour that works out to 166k a year. There are no benefits besides 2 weeks PTO. The contract will initially be 6 months then extended yearly. The second option is at a startup (series b) which is paying 150K base and stocks with 5 weeks PTO and dental and vision insurance. Really confused on what to take since I was recently fired from a company when I came to canada without cause. I really want to join a FAANG company once things are better. Current TC: 0 (All TC is in plastic Canadian dollars)
Congrats on your offer Op! Can I DM you to know more about how you went about finding positions in Canada ? Currently in the move and needed some inputs
Sure
same please OP
As a contract worker you can save significant taxes. You will probably be paying ~15%. The FTE role will be taxed at ~33%. If the contract seems to be in a stable project, I would say take that.
This is not true. As your sole income is from this one contract, CRA will recognize your dividend as income and you will be fucked.
as in 15% corp tax + your income tax.
No guarantee if they'll renew the contract. I've seen contractors are always the first one to get laid off due to their higher hourly salary. Don't select that. With series B it's always safe to go there and take stocks as it's going to be great after some time.
Both roles are remote.
YOE?
5
Autodesk makes some cool shit. I used to love playing in 3dsmax when I was a kid.
What's the equity pct?
5bsp
Yoe? WFH?
Do your own research but when I worked at Autodesk it was pretty soul crushing. Extremely old corporate culture, HR was more heartless than usual, and pay raises were very small.
I'm a contingent worker, I don't expect pay raises period.
My only concern is, is the position stable enough to get me through the next 1 year. After that the market will start making a recovery and I can apply for FAANG.
No