$70,714
Offer A vs B · Canada
Compare two job offers after tax
Two offers. One number that matters.
Bonus and equity are taxed as pay. Everything is shown after tax, in Offer A's currency, at a dated exchange rate you can change.
1 USD = 1.4183 CAD (ECB reference rate, 30 Sept 2026).
Offer B leaves you $51,566 more a year
After tax, in CAD. Offer B would need a base salary of $59,338 to match Offer A.
$122,280
$59,338
| Offer A | Offer B | |
|---|---|---|
| Pay before tax (base + bonus + equity) | $95,000 | $110,000 |
| Taxes and contributions | $24,286 | $23,785 |
| Net cash | $70,714 | $122,280 |
| Net + retirement savings | $70,714 | $122,280 |
| Net per hour worked | $34.00 | $58.79 |
Tax defaults for each side: US single; UK 5% salary-sacrifice pension, England; Australia base salary with super on top; Canada Ontario. Open Net to see any side line by line.
A worked example
The calculator starts by comparing a $95,000 offer in Canada (Offer A) with a $110,000 offer in United States (Offer B). After tax, A leaves $70,714 a year and B leaves $86,215, which is $122,280 at 1 USD = 1.4183 CAD, ECB reference rate of 30 Sept 2026.
So A is worth $51,566 a year less in hand. For B to match A, its base salary would have to be $59,338: that is the number to take into a negotiation.
Canada against every other market
| Offer B | B take-home (local) | B take-home in CAD | B base needed to match A |
|---|---|---|---|
| United States, $110,000 | $86,215 | $122,280 | $59,338 |
| United Kingdom, £65,000 | £46,372 | $87,386 | £49,716 |
| Australia, $120,000 | $91,080 | $90,007 | $91,290 |
Each market uses its tax defaults: US single filer in Texas, UK 5% salary-sacrifice pension in England, Australian base salary with super on top, Canada in Ontario. Change any of them in the calculator above.
How the comparison works
- Base salary, cash bonus and equity vesting are added together and taxed as employment income in each market, so a bonus is taxed at your marginal rate, not at a flat rate.
- Employer retirement money (a 401(k) or pension match, Australia's 12% super guarantee) is shown separately as locked savings: real money, but not money you can spend this year.
- Offer B is converted into Offer A's currency at the ECB euro reference rate of 30 Sept 2026. Type your own rate if you have a better one, for example the rate your bank will give you.
- Net per hour divides take-home by hours worked over 52 weeks, which matters when one job expects 50-hour weeks.
- The break-even salary is solved exactly: KeptOffer searches for the base salary at which Offer B's take-home equals Offer A's, using the same tax rules.
What this does not include
- Cost of living. Compare the take-home figures with rent and prices where each job is; a higher net in an expensive city can still buy less.
- Benefits with a cash value that differ by country, such as US employer health insurance, and holiday allowance.
- Equity risk: shares can fall before they vest, and unvested equity is lost if you leave. Enter only what you expect to vest in a year.
- Relocation costs, visas and moving your pension.
Questions people ask
Is $95,000 in Canada more than $110,000 in United States?
After tax and at today's exchange rate, no: $70,714 against $122,280 a year in CAD.
How should I compare a salary with a lower base but a bigger bonus?
Put the expected bonus in. A $85,500 base with a $14,250 bonus leaves $74,035, against $70,714 for a straight $95,000 salary, if the bonus is paid in full.
Which exchange rate should I use?
The default is the European Central Bank reference rate of 30 Sept 2026. Rates move: for a big decision, type the rate you would actually get when moving money, and check how much the answer changes.
Should I count equity as salary?
Only the part you expect to vest in a year, at a value you are comfortable with. It is taxed as pay when it vests in all four markets covered here.