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"We don't take vacation during RRSP season.."
- Thread starter echootje
- Start date
Libradragon
TRIBE Promoter
ugh, RRSP season sux ass.
I used to work for Dominion Securities - mutual funds dept. we worked around the clock, and until 1am on march 1st.
i sympathize with you.
I used to work for Dominion Securities - mutual funds dept. we worked around the clock, and until 1am on march 1st.
i sympathize with you.
Ditto Much
TRIBE Member
I've been on vacation lock out since november. Earliest I can take them is in march.
I feel for you
I feel for you
I'll be working a lot of overtime in the next year. But I told my boss, when I want a weekend off, I want a weekend off.
And he's pretty good that way, he'll schedule the upgrades around our schedules.
Feel sorry for you people that can't take what's already yours.
pr0nstar
And he's pretty good that way, he'll schedule the upgrades around our schedules.
Feel sorry for you people that can't take what's already yours.
pr0nstar
RSP's are painless, you can do PAC's (pre auth'd contributions) just like your cellphone automatically takes money from your bank, you don't HAVE to contribute monthly but it's usually one of hte more common investment strategies to maximize potential earnings. I can't afford ot have a PAC right now but I've got about $1300 (12 months) in my RSP with Canada Life. If you don't want to manage your RSP there are lot sof simple options where you can have a medium risk fund doing your work for you. You're young, the math does work, ask an investment specialist (Dan? Linigroompornstar? Is this you?)
ROb
Ditto Much
TRIBE Member
I'm sure I legally could. I'm sure I'd never see a bonus or get a promotion if I did. The very nature if my position here is project based. I don't have adminitrative tasks or daily jobs to do. I'm working on a project that has a scheduled release date and I have an agreement to abide by that. Part of this agreement is an agreement not to request time off during certain project lock outs.
Does the mean legally I can't have those days, NO
Does it mean if I forced the issue and took those days I would see a smaller bonus/raise and a shotty perfromance evaluation. Yes!!
Your right legally I can take those days given the propper notice. But I'd be shooting myself in the foot if I did.
Fair and the Real World are totally unrelated.
damn, i did a shit load of typing, and it all got erased somehow. you'd think i just learned how to use computers.
basically, i'm with TDBANK.
i have 3 accounts
chequing
visa
RRSP
i log into easyweb, and throw money into my RRSP's when it's convenient for me.
that's it. no hassle, no minimum limit, there is a maximum yearly contribution, but it goes back as far as the day you started working.. so if you haven't contributed since your first job, you have a lot of catching up to do.. hence, the maximum probably won't affect you for a few years.
i wouldn't put it off.. rrsp's are a NO-LOSE situation.
you get mucho tax back just for investing, plus you can eventually use it for the purchase of your first house, PLUS they gain interest.
el presidente Highsteppa
TRIBE Member
It's possible and enforcable, as it is (very vaguely) mentioned in the employment contract when you sign it when working for any kind of financial institution. If you look around in your contract and you understand the legal jargon well enough, you might be able to find the actual sentence. They might word it as being "working during critical financial periods (such as during RRSP season, or during quarterlies)", it depends on how they write the contract up. If you sign it, you're stuck to it for the most part.
From the Ministry of speaking from experience
Prime Minister Highsteppa
Bass-Invader
TRIBE Member
<font face="Verdana, Arial" size="2">Originally posted by Cannabus:
quit your job
I did and all my problems are that much bigger
</font>
hahaha
daddyiwantchocolate
TRIBE Member
Exactly.
It's a condition of employment, which I'm sure, you signed or agreed to at some point in time.
Completely enforceable.
At my company we can even say, no, you can't have vacation now....wait 9 months and then make them take all of it whenever we want them to. We also require that they bank their overtime (we don't pay it out until they have a certain amount).
It's either that, or lay them off if we don't have a project to put them on.
Once they hear that part, no one really minds the inconvenience.
Job, or no job? Easy question to answer these days.
It's a condition of employment, which I'm sure, you signed or agreed to at some point in time.
Completely enforceable.
At my company we can even say, no, you can't have vacation now....wait 9 months and then make them take all of it whenever we want them to. We also require that they bank their overtime (we don't pay it out until they have a certain amount).
It's either that, or lay them off if we don't have a project to put them on.
Once they hear that part, no one really minds the inconvenience.
Job, or no job? Easy question to answer these days.
Booty Bits
TRIBE Member
echootje,
be happy you have a job in the financial sector.
rrsp season isn't that long.
be happy you have a job in the financial sector.
rrsp season isn't that long.