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The Jobfather™️ 🇯🇲🇨🇦🇬🇧 Profile picture
@TheJobfather__
Oct 3, 2020 • 13 tweets • 4 min read • Read on X
How to calculate the true value of your OVERALL compensation package. First lets breakdown the different components of a compensation package.

Some definitions, some quick maths, and some truths.

A Thread/
Salary/Hourly rate: The guaranteed pay you're entitled to as long as you're employed. Probably the most important aspect of your comp package.

Medical benefits coverage: your employer, through an insurance company agrees to cover some or all fees regarding your health/dental.
Paid leave: Days off you can take without losing a day's pay. This includes vacation, sick, PTO, holiday, personal, bereavement, military pay, jury duty, etc.

Disability Insurance: a form of insurance that insures that if you're unable to work, you'll still earn an income.
Life Insurance: Basic life insurance that is intended to provide your people with some money in the event of your death.

Employee assistance program: Assists employees with personal problems that may impact their performance, mental & emotional wellbeing.
Retirement benefits: Defined contribution plans towards your retirement in which the employer, employee, or both make contributions on a regular basis.

Bonuses include Relocation fees, sign-on bonuses, education, and career advancement plans.
I found this on Reddit and thought to share-

"Calculating your total compensation is easy:

Take your base salary and write it down, jot down any company match that you get for a 401k/RRSP. (% times base salary)

Take your base salary and divide by 12 then divide again by 20.
Then multiply this number by how many vacation days you get per year and how many pod holidays the company gives off per year.

Write down any monetary “perks” that your job provides (company car, company has, parking pass, etc.)

Add all of these numbers up.
Add up any monthly premiums you have for health, vision, dental care. Times this number by 12.

Subtract this number from the number you got in step 5. You now have a number of what the “total compensation” for your job is. Use this number when comparing job offers."
You can also use tools like @Fidelity 's Job offer calculator which I LOVE because you can compare two different offers and get a mathematical answer as to which is better.

communications.fidelity.com/pi/calculators…

The only downside it's pretty US-focused.
Finally, always know what your market is paying for people in your position. I made a salary guide for Tech professionals that gives that kind of insight.

It's a free download:

drive.google.com/file/d/1wxVg5e…
If you have any questions on how to increase your salary or get a better paying job, feel free to hit me up. My calendar is open:

Calendly.com/jermainelmurray
Source for the Reddit thread: reddit.com/r/personalfina…
Hey Black Tech professionals! Have you ever heard of @bptn_ca ? We're an organization dedicated to getting Black people jobs in Tech. We're hosting an event where you can meet employers and networking digitally. Have a free pass on me!

eventbrite.ca/e/bfutr-2020-v…

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More from @TheJobfather__

The Jobfather™️ 🇯🇲🇨🇦🇬🇧 Profile picture
May 16
As a Job Hopper, I was never afraid of an Interviewer asking me about my Job Hopping.

I actually looked forward to it.

I always had to prepare myself for how to answer questions as to why I did.

Here’s what I would say and I invite you to use this script for your own benefit.
“Throughout my career, each transition has been a strategic step, chosen not just for the role itself, but for the unique opportunities and challenges it presented for personal and professional growth.
For example, moving from a tech startup to a non-profit allowed me to leverage my technical skills in a completely new context, broadening my problem-solving abilities and understanding of diverse organizational cultures.
Read 8 tweets
The Jobfather™️ 🇯🇲🇨🇦🇬🇧 Profile picture
May 3
You got the interview because you’re qualified. Now your job in the interview is to appear confident, reliable and MEMORABLE. Here are the top 5 ways to ensure you stand out in the hiring manager’s mind:
1. When asked "tell me about yourself" use a unique identifier and a unique verb
Example: I consider myself a flexible solution finder. I began as a curious coder, crafting user experiences. Beyond product strategy, I'm an avid scuba diver, finding creativity in serenity.
2. Say why you want the role but also why you deserve it
Why you want it = motivation
Why you deserve it = evidence (examples from your work experience)
Read 7 tweets
The Jobfather™️ 🇯🇲🇨🇦🇬🇧 Profile picture
Apr 14
Hello Black People,

I've observed a concerning trend among us where many of us tend to misclassify our work experience, thereby diminishing our career journeys and accomplishments.
I want to share a quick PSA and give some game to let everyone know that if you have more than 3 years of experience in your career, you should no longer consider yourself as a Junior.
Whether you're a Developer, Recruiter, Project Manager, or Analyst, if you believed you fell under the Junior category, it's time to readjust your perception because you're actually at an Intermediate level.
Read 14 tweets
The Jobfather™️ 🇯🇲🇨🇦🇬🇧 Profile picture
Apr 13
A short but necessary thread on how to Maximize your LinkedIn profile for success and visibility. LinkedIn works best when you realize that its a tool that most Recruiters, Talent Acquisition and HR Personnel use to find and recruit new potential employees. #BlackTechTwitter /1
You might not be aware but Recruiters have a different view on LinkedIn, this is by design to allow them to parse, narrow and target specific people based on the information provided. For recruiters it starts at this screen. Where they start the search off. /2 Image
Our searches usually begin with Profile Job title, Location and a few different skills. The first opportunity you have to improve your profile's visibility and show up on a Recruiter's search is to put the Job title you have/want in your Headline caption. /3 Image
Read 9 tweets
The Jobfather™️ 🇯🇲🇨🇦🇬🇧 Profile picture
Apr 11
Cybersecurity has grabbed a lot of attention in recent years (and for good reason) I find that this part of Tech to be one of the most important and interesting parts of the industry. The path to getting your first Cybersecurity job can be a bit..complex.
First I think it's important to note that Cybersecurity's leveling isn't aligned with that of most of the industry. Basically, an entry-level cyber security job requires the skills of someone who is intermediate to advanced level when compared to most Help Desk/Networking roles.
This makes sense when you think about the magnitude of responsibility that comes with an organization and its approach to cybersecurity the right way. Unfortunately, that does not typically align with hiring people with little to no experience or knowledge. Liability.
Read 11 tweets
The Jobfather™️ 🇯🇲🇨🇦🇬🇧 Profile picture
Apr 5
Scenario: You attended a conference and were particularly moved by a panel discussion. One speaker's insights were especially resonant, and you wish to connect further to discuss the topic in more depth. Here's a Template:
Subject Line: Inspired by Your Insights on [Panel Topic]

Email Body:

Hi [Speaker's Name],

I hope this message finds you well. I recently had the pleasure of attending [Event Name], where your panel discussion on [specific topic] left a profound impact on me.
Your perspectives, especially on [a specific point they made], sparked new ideas and thoughts within me.
Read 5 tweets

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