Site icon Y-Axis Overseas Jobs

What are the benefits of working in Canada?

What are the benefits of working in Canada?

There is no doubt that Canada is a popular destination for individuals seeking an overseas career. There are many reasons that make Canada a top destination. These include:

The other reasons why Canada is a great place to work include:

The benefits of working in Canada are many. Let us list some important ones:

Employment opportunities

Canada has a very low unemployment rate compared to other developed countries. It is rapidly advancing in modern technology making it an ideal place for careers in software development or information technology. Fields such as aerospace, engineering, telecommunications, pharmaceuticals offer plenty of job opportunities.

With a valid work permit, your spouse or common-law partner is eligible to work in Canada though they will have to get their own work permit.

Work benefits

Employees in Canada are eligible for the following legal benefits:

Employment Insurance (EI) – Both the employee and employer must contribute

Canada Pension Plan (CPP) – Both the employee and employer must contribute

Workplace Insurance coverage–  Theemployer will pay for this

Some employers  also offer:

Pension for employees

The Canada Pension Plan (CPP) is a compulsory and contributory savings plan for all employed Canadians. From January 1 2020, employees and employers contribute 5.25%, (Quebec 5.7%) up to the Years Maximum Pensionable Earnings (C$58,700 in 2020). Employees can have access to the income from CPP from as early as 60 years or can defer it up to the age of 70.

Benefits for dependent children

Affordable cost of Living

Compared to other developed countries the cost of living in Canada is very affordable. Depending on the area you choose to stay, the housing is affordable. Food, gas, and even automobiles are cheaper than other well-developed nations. The country also has a low crime rate which makes it one of the world’s safest places to live.

Diversity in population

Through the years, many people from all over the world have immigrated to Canada, and as diversity has grown, many companies and organizations have taken this into account and taken measures to ensure that their work culture reflects Canada ‘s diverse population.

Exit mobile version