A good friend, who is known as “Mr. Rules”, but is also “Mr. Arithmetic” once pointed out the dangers of making off hand remarks about your pay cheque to folks.
About 4 or 5 years ago, we were having a beveredge, and I mentioned that this was my last pay cheque where I had to pay CPP and EI in full. He turned and said, “Do you realize you just told me how much you make in a year?”. I was surprised and then thought about it, and yes, I had.
How? Well first you need to know what the CPP and EI rates are on your gross salary, which you can find for 2007, on the link. From that we can surmise:
So if this is September, and you know that I get paid every two weeks, so this should be around my 19th pay cheque (or we are 9/12 of the way through the year, either calculation can be used):
Cool eh? Fun with numbers, but also keep in mind what you are telling folks when you mention little tidbits like that too!