Salary Benchmarking: This is How Much You Should Be Earning in These 10 Jobs in Canada
Are you earning enough for the work that you do? You would probably like to earn more but would you have a leg to stand on if you asked for a raise? To know whether you’re being paid your worth, you need to know what kind of salary you can realistically expect. And to know this, you need to know what others in a similar job are being paid. Salary benchmarking is one of the most powerful tools in negotiating your remuneration package. This is how much you should be earning in these 10 jobs in Canada. Salary information is based on averages.
Chartered AccountantEntry-level salary: $40,200
Mid-level salary: $60,469
Highest earning potential: $102,797
According to Neuvoo, salaries for chartered accountants — or CPAs, as the job title is officially known — in Canada range from $40,200 to $102,797, making this one of the highest paying jobs for newcomers. There are different pathways to becoming a CPA in Canada but most important is to complete CPA Canada’s CPA Professional Education Program and pass the exams.
Construction ManagerEntry-level salary: $45,000
Mid-level salary: $85,000
Highest earning potential: $175,000
Construction management is one of those great jobs for women in trades. It requires multitasking without having to do the heavy lifting, as well as project management or construction supervisor experience. Entry-level salaries, according to Neuvoo, start at $45,000 and highly experienced construction managers can earn $144,500, or as much as $175,000 in the Northwest Territories.
Marketing ManagerEntry-level salary: $31,107
Mid-level salary: $72,500
Highest earning potential: $102,624
Working your way through the ranks of the marketing department will eventually pay off, since marketing managers have potentially one of the highest paying jobs in the world that you can actually do. Neuvoo says that in Canada, entry-level salaries start at $31,107 and the highest earning potential for a marketing manager is $102,624.
Human Resources ManagerEntry-level salary: $44,100
Mid-level salary: $77,019
Highest earning potential: $110,061
Whether you work your way up from payroll clerk or enter the job with a brand new degree, entry-level salaries for human resources managers in Canada start at $44,100, according to Neuvoo. With experience you can eventually earn as much as $110,061, making this people-oriented career one of the highest paying jobs for Generation Z.
TeacherEntry-level salary: $39,000
Mid-level salary: $68,000
Highest earning potential: $100,000
Considering what an important job they do, teachers have one of those jobs that pay shockingly less than you think, even if Canadian teachers are among the highest paid in the world. Teacher salaries vary by province as well as according to the subjects and grades you teach. Glassdoor says that newbie teachers start at $39,000 a year, while the top earners take home $100,000.
MidwifeEntry-level salary: $60,796
Mid-level salary: $94,078
Highest earning potential: $159,932
One of the highest paying in demand jobs for women, and indeed a field that is completely dominated by women, is that of midwife. Neuvoo says that the average entry-level salary for a midwife is $60,796 while top midwives can earn as much as $159,932.
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DentistEntry-level salary: $20,000
Mid-level salary: $129,170
Highest earning potential: $341,000
One of the best jobs for wage growth in Canada is that of dentist. There’s always a demand for dentists too. Indeed says that entry-level dentists can expect to earn a meagre $20,000 but as you build your practice and reputation, you can eventually take home as much as $341,000.
Environmental EngineerEntry-level salary: $30,671
Mid-level salary: $82,865
Highest earning potential: $140,871
Environmental engineers have one of the highest paying environmental jobs for people who love nature. They may not earn as much as, say aerospace engineers just yet but their job will become increasingly important in the future, as demand for experts in sustainability grows. Neuvoo says that entry-level positions for environmental engineers in Canada start at $30,671 a year while the top earners take home up to $140,871.
Software EngineerEntry-level salary: $48,750
Mid-level salary: $90,000
Highest earning potential: $153,000
With just about every industry relying on computers these days, software engineers have one of the highest paying in demand jobs for 2019. According to Neuvoo, entry-level software engineers can expect a salary of $48,750 while those in senior positions and with lots of experience can command $153,000.
Air Traffic ControllerEntry-level salary: $24,424
Mid-level salary: $119,859
Highest earning potential: $139,835
One of the more specialized airport jobs that pay well is that of air traffic controller. When you’ve completed Nav Canada’s training course and passed your medical exam and security clearance, you can expect to start at $24,424, according to Neuvoo. With experience comes a better pay and eventually you can take home as much as $139,835.