View Full Version : Top 10 highest paying jobs in Canada
p-o-g-i
10-12-2010, 11:28 PM
I’m sure everyone has already seen this link on MSN about the Top 10 Highest Paying Jobs in Canada:
http://money.ca.msn.com/gallery/gallery.aspx?cp-documentid=25875695
Considering the average Canadian makes just over $37,700 per year, it's safe to say that many of us can only dream about earning six-figures. Yet for workers in Canada's highest paying occupations, a six-figure salary isn't just a pipe dream — it's an average salary.
The following 10 occupations pay average salaries of over $100,000, making them Canada's highest paying jobs:
* Salary data provided by Statistics Canada.
** Job titles, education and training information provided by National Occupational Classification.
1. Specialist physicians (Average annual income: $179,514)
2. Judges (Average annual income: $178,053)
3. Senior managers of financial, communications, and other business services (Average annual income: $162,376)
4. Senior managers of goods productions, utilities, transportation, and construction (Average annual income: $160,947)
5. General practitioners and family physicians (Average annual income: $132,615)
6. Dentists (Average annual income: $131,552)
7. Senior managers of trade, broadcasting and other services (Average annual income and training: $124,080)
8. Lawyers (Average annual income: $123,632)
9. Engineering manager (Average annual income: $113,403)
10. Banking, credit and investment managers (Average employment income: $101,845)
I’m just curious, is anyone surprised or question any of the info mentioned above?
p-o-g-i
10-12-2010, 11:33 PM
.....I’m just curious, is anyone surprised or question any of the info mentioned above?
So to answer my own question, here is what came to mind as i read the article:
- does the income indicated above for the average Canadian seem correct?
- doesn't the average income for Lawyers, Dentists, and General practitioners and family physicians seem a little low?
crono06
10-13-2010, 12:48 AM
Not surprised by the fact that the financial sector appears more than once.
omalak
10-13-2010, 01:04 AM
So to answer my own question, here is what came to mind as i read the article:
- does the income indicated above for the average Canadian seem correct?
- doesn't the average income for Lawyers, Dentists, and General practitioners and family physicians seem a little low?
Not surprising.
The numbers might be low due to how the annaul salary is calculated. It probably does not take into consideration any bonues and other payouts.
a better indicator for atleast the jobs in Ontario would be the Public Service Salary Disclosure Report which comes out around the end of fiscal.
x_o_k_x
10-13-2010, 02:11 AM
How about CGAs or CAs? I thought it would way out on top
Nextmod
10-13-2010, 03:03 AM
How about CGAs or CAs? I thought it would way out on top
CA's are only around $70,000
CGA's are around $95,000 - $100,000 so its pretty close to the top 10
CA's are worth more then that, but the problem is, 5-10 years ago. everyone wanted to be a CA for no reason
including me =P
SilentJay
10-13-2010, 06:31 AM
CA's are only around $70,000
CGA's are around $95,000 - $100,000 so its pretty close to the top 10
CA's are worth more then that, but the problem is, 5-10 years ago. everyone wanted to be a CA for no reason
including me =P
That's awesome! I've give ya $10 to write my accounting exam.
Pokey
10-13-2010, 09:32 AM
I'm surprised that dentists make as much as this states - dentists in Ontario are a dime a dozen. You can switch dentists like you do underwear. They're always looking for patients.... maybe some should drop their prices?
Now getting a family doctor... that's another story.
Ya but dentists get paid dirctly from the ppl or insurance companies and it is freakin EXPENSIVE to go to the dentist, even just a check up is like 150$
Ironic this comes up, I was looking online yesterday and googled the CEO of my company and his salary ALONE is $976,000 and that doesnt include his $2.5 million bonus... DAMN lmao
Ironic this comes up, I was looking online yesterday and googled the CEO of my company and his salary ALONE is $976,000 and that doesnt include his $2.5 million bonus... DAMN lmao
that's what happens when you are the CEO of a company with 45,000 employees worldwide! our revenues are spoken in the billions of $'s.
now.. if only some of that 2.5 million bonus was passed onto us.... oh well... I'm dreamin'
Mazda3X2
10-13-2010, 10:19 AM
I would have thought the top ten jobs would have been slightly higher in pay myself. The average salary is lower than I would have figured too. Surprising.
Burner
10-13-2010, 10:30 AM
I would have thought the top ten jobs would have been slightly higher in pay myself. The average salary is lower than I would have figured too. Surprising.
It's not really that surprising. The average Canadian salary is low because most are paid at or below the $37k mark. All of the well paying positions that disappeared during the meltdown in the US were never replaced. Only substituted with low paying service sector jobs.
that's what happens when you are the CEO of a company with 45,000 employees worldwide! our revenues are spoken in the billions of $'s.
now.. if only some of that 2.5 million bonus was passed onto us.... oh well... I'm dreamin'
Apparently now we have 51,000 employees lol hahahaha
Mazda3X2
10-13-2010, 10:44 AM
I guess I have limited exposure to what is really happening out in the various job markets.
I did just get back from some contract work out in the Alberta Oil Sands region though and there are plently of people in different jobs there with the ability to make well over 100k. Mind you it is a lot of hours and dirty work.
p-o-g-i
10-13-2010, 10:52 AM
Not surprising.
The numbers might be low due to how the annaul salary is calculated. It probably does not take into consideration any bonues and other payouts.
a better indicator for atleast the jobs in Ontario would be the Public Service Salary Disclosure Report which comes out around the end of fiscal.
Good call......
n00bMeiSter
10-13-2010, 01:12 PM
that's what happens when you are the CEO of a company with 45,000 employees worldwide! our revenues are spoken in the billions of $'s.
now.. if only some of that 2.5 million bonus was passed onto us.... oh well... I'm dreamin'
Damn, what company do you work for?
So to answer my own question, here is what came to mind as i read the article:
- does the income indicated above for the average Canadian seem correct?
- doesn't the average income for Lawyers, Dentists, and General practitioners and family physicians seem a little low?
Family physicians' salaries are capped by the government, so that doesn't surprise me at all. But the others seem about right. The salaries for rank's 8,9,10 seem a little low, but Specialst Physcians seems a little high.
It's funny how they are all Senior Manager positions. I would have expected there to be like a VP on there or something. But maybe they're going for positions that regular people could realistically get to with some hard work and elbow grease?
aZuMi
10-13-2010, 02:26 PM
CA's are only around $70,000
CGA's are around $95,000 - $100,000 so its pretty close to the top 10
CA's are worth more then that, but the problem is, 5-10 years ago. everyone wanted to be a CA for no reason
including me =P
Sigh...a designation only gives you more work =(
MistaChin
10-13-2010, 03:03 PM
that's what happens when you are the CEO of a company with 45,000 employees worldwide! our revenues are spoken in the billions of $'s.
now.. if only some of that 2.5 million bonus was passed onto us.... oh well... I'm dreamin'
Daaaaamn foxy you serious? And Yo I agree fini, we need to see some of that green! Kat you been doing some serious research. Go back to work! I'll come and bug you tomorrow so get your work done while you can lol
Apparently now we have 51,000 employees lol hahahaha
oh yeah, i forgot about all those recent buyouts that we get emailed on for every week.....
now. 2.5 million divided by 51,000 employees is 50 dollars each! BOOYAH! Money is money. i wouldn't complain. haha :(
but it still sucks cause I was working until midnight yesterday.
Damn, what company do you work for?
We work for a global consulting engineering firm
Daaaaamn foxy you serious? And Yo I agree fini, we need to see some of that green! Kat you been doing some serious research. Go back to work! I'll come and bug you tomorrow so get your work done while you can lol
I bet Kat has been entering answers to the monthly history questions to win an IPOD Shuffle. that's why she knows so much. yah? yah? :)
.... DAMN looking at that list. I'm gonna go into management instead of a purely technical role then. HAHA
I bet Kat has been entering answers to the monthly history questions to win an IPOD Shuffle. that's why she knows so much. yah? yah? :)
lol I did once, but then I got lazy, its not really worth the shitty ipod shuffle. I mean shit, with all that money floating around you think they would be giving away better ipods! lmao
TokyoKiller
10-13-2010, 04:23 PM
Good to see that lawyers and judges get paid well...haha. Makes it seem like a good thing I have Law School is mind!
lol I did once, but then I got lazy, its not really worth the shitty ipod shuffle. I mean shit, with all that money floating around you think they would be giving away better ipods! lmao
admittedly, i did and thought the same thing.... haha
well, compensation and annual review is coming soon. so let's see if i'll get anywhere near those listed salaries.........
remember to do your goals for FY11! lol
Good to see that lawyers and judges get paid well...haha. Makes it seem like a good thing I have Law School is mind!
+1
I am thinking of taking this path as well. Applying to law school next year!
towelsnap
10-13-2010, 04:55 PM
yup I won't make that list lol
Noisy Crow
10-13-2010, 05:29 PM
now. 2.5 million divided by 51,000 employees is 50 dollars each! BOOYAH! Money is money. i wouldn't complain. haha :(
but it still sucks cause I was working until midnight yesterday.
Feh. The CEO of the place I work at pulled in about $7 million last year. Of course with about 250,000 employees that only works out to about $28 each..... (company is stupid big... about $100 billion dollars of revenue and about $10 billion dollars profit..........)
Shizuka_Osamu
10-13-2010, 05:30 PM
Feh. The CEO of the place I work at pulled in about $7 million last year. Of course with about 250,000 employees that only works out to about $28 each..... (company is stupid big... about $100 billion dollars of revenue and about $10 billion dollars profit..........)
what company is this
Feh. The CEO of the place I work at pulled in about $7 million last year. Of course with about 250,000 employees that only works out to about $28 each..... (company is stupid big... about $100 billion dollars of revenue and about $10 billion dollars profit..........)
what you just said there, Rick. is that is that dollar for dollar, we win! cause we get $50 dollars.... hahaha
but that was just his bonus according to Kat, 3.5mil for total. which works out to $68.60!!!!
and what the hell ? dividing the CEO's salary amongst employees? hahaha.. as i said, we're dreaming
MSMitch
10-14-2010, 12:39 AM
CEO's of the big companies make a $$$load, but it's all the thousands of self-proclaimed "CEO's" of smaller businesses like (made up names): Dave's Landscaping and Pete's Painting Company that bring the CEO and VP average salaries down! :)
I was told by my financial advisor that less than 5% of the population in Canada makes over $110,000 (not sure if that includes my three year old daughter though...
Nextmod
10-14-2010, 02:32 AM
That's awesome! I've give ya $10 to write my accounting exam.
make it $50, I will get you 90%+
SilentJay
10-14-2010, 06:35 AM
make it $50, I will get you 90%+
LoL - GB on falsifying accounting tests
prinsesa
10-14-2010, 08:51 AM
Hmm..moooney :D Ill just marry a lawyer
Noisy Crow
10-14-2010, 09:36 AM
what company is this
World's largest food company................
World's largest food company................
nestle?! kraft!?
WAL MART!??!??!
Tokic_o
10-14-2010, 11:50 AM
I think you got it mixed up, CAs make more than CGAs
If I'm correct the order is CA (basically the CPA in US) > CMA > CGA
unless maybe you're talking about the CFA
Noisy Crow
10-14-2010, 11:55 AM
Fortune 500 ranking:
Company.......Rank...Revenue...Profit
Nestlé........48.....$101,565..$16,670
Unilever......121....$59,313...$7,358
PepsiCo.......175....$43,251...$5,142
Kraft Foods...177....$42,867...$2,901
Groupe Danone.413....$22,277...$1,922
Like I said, stupid big.
WalMart is in a class by itself... revenues are about $400 billion...... no wonder the Chinese goverment holds about a trillion dollars of US bonds....
prinsesa
10-14-2010, 12:28 PM
I want to be a ceo..how do you go about doing that? -_-
Fortune 500 ranking:
Company.......Rank...Revenue...Profit
Nestlé........48.....$101,565..$16,670
Unilever......121....$59,313...$7,358
PepsiCo.......175....$43,251...$5,142
Kraft Foods...177....$42,867...$2,901
Groupe Danone.413....$22,277...$1,922
Like I said, stupid big.
WalMart is in a class by itself... revenues are about $400 billion...... no wonder the Chinese goverment holds about a trillion dollars of US bonds....
NESTLE!
haha.. yeah, i had to throw wal mart in there, considering they have their own brand of food and stuff too.
I want to be a ceo..how do you go about doing that? -_-
register your own company and appoint yourself as CEO!
shu5892001
10-14-2010, 03:08 PM
I want to be a ceo..how do you go about doing that? -_-
+ 1
Zoom Zoom Boy
10-16-2010, 04:36 PM
The financial renumeration numbers on this list seem rather low. A project manager in an established technology company usually make around 100K to start and often higher depending on experience. Hell, account executives in tech companies can make a base of 125K and commissions at least double that.
Regional VP's of banks make 250K and upwards...
Unoriginalusername
10-16-2010, 04:53 PM
The financial renumeration numbers on this list seem rather low. A project manager in an established technology company usually make around 100K to start and often higher depending on experience. Hell, account executives in tech companies can make a base of 125K and commissions at least double that.
Regional VP's of banks make 250K and upwards...
I know lots of account execs in the tech industry and nobody is getting that as a base + commission that I know... I'd love to know the companies shelling out that kind of dough lol
remember those numbers are "average", and not max or min. so if you know of 10 people who make more, then there's probably 10 people who make less.. if we are assuming a 50/50 split.
then, there are those statistical outliers too!
bottom line is that all the facts of who was surveyed, where, and what was included/excluded are unknown. so take those numbers with a grain of salt
silvermist99
10-18-2010, 02:30 AM
The financial renumeration numbers on this list seem rather low. A project manager in an established technology company usually make around 100K to start and often higher depending on experience. Hell, account executives in tech companies can make a base of 125K and commissions at least double that.
Regional VP's of banks make 250K and upwards...
I can tell you one of Canada's Big 3 telcom pays no where near that for technology PMers
edit can anyone confirm this for other tech companies???? serious questionn... I have a few options right now on where to go in tech field, technology project manager can be one of my development path
Souls
10-18-2010, 03:44 AM
If you'd like a job that will be around for the long run (I wish I started it much longer ago)... become a mainframe operator ie: MVS, JES, etc. EVERY major global organization has to have a datacentre somewhere, think of all the Banks, Walmart, CdnTire etc... even if you get into SAP on the application side, think of all the warehousing data that's out there (not to forget the financial side of SAP)
...and not to toot, but I was lucky enough to break 6 digits the last 3 yrs (incl overtime) as an Computer Operator. It's sound all juicy, but really we're a one income family. It's just enough to pay the bills, put my girls in gymnastics and other rec activities, keep a smaller house (in a snooty hood), and just barely pay for my MZ3 clean. shoot, I just got my driveway paved after 3yrs and one of the last on the street.
making over $100Gs is not as hot as it was, say back in the 80s or 90s. I'd say most average people are underpaid, not keeping up with the rising costs.
eg: my parents paid only $90G for a 2000sqft house in 1981, I paid $328g for slightly larger in 2007, what the hell will my kids be paying when it's time for them to buy a house? will their salaries be in the 100G, I certainly hope so!
so I'm went off on a tangent :loco (night shift) , sorry to thread jack
silvermist99
10-18-2010, 04:22 AM
If you'd like a job that will be around for the long run (I wish I started it much longer ago)... become a mainframe operator ie: MVS, JES, etc. EVERY major global organization has to have a datacentre somewhere, think of all the Banks, Walmart, CdnTire etc... even if you get into SAP on the application side, think of all the warehousing data that's out there (not to forget the financial side of SAP)
...and not to toot, but I was lucky enough to break 6 digits the last 3 yrs (incl overtime) as an Computer Operator. It's sound all juicy, but really we're a one income family. It's just enough to pay the bills, put my girls in gymnastics and other rec activities, keep a smaller house (in a snooty hood), and just barely pay for my MZ3 clean. shoot, I just got my driveway paved after 3yrs and one of the last on the street.
making over $100Gs is not as hot as it was, say back in the 80s or 90s. I'd say most average people are underpaid, not keeping up with the rising costs.
eg: my parents paid only $90G for a 2000sqft house in 1981, I paid $328g for slightly larger in 2007, what the hell will my kids be paying when it's time for them to buy a house? will their salaries be in the 100G, I certainly hope so!
so I'm went off on a tangent :loco (night shift) , sorry to thread jack
im in the datacenter doing ops support night shift right now too. Most of the positions here don't pay 100k or anywhere near =/
SilentJay
10-18-2010, 07:58 AM
JCL and Cobol :D
If you'd like a job that will be around for the long run (I wish I started it much longer ago)... become a mainframe operator ie: MVS, JES, etc. EVERY major global organization has to have a datacentre somewhere, think of all the Banks, Walmart, CdnTire etc... even if you get into SAP on the application side, think of all the warehousing data that's out there (not to forget the financial side of SAP)
...and not to toot, but I was lucky enough to break 6 digits the last 3 yrs (incl overtime) as an Computer Operator. It's sound all juicy, but really we're a one income family. It's just enough to pay the bills, put my girls in gymnastics and other rec activities, keep a smaller house (in a snooty hood), and just barely pay for my MZ3 clean. shoot, I just got my driveway paved after 3yrs and one of the last on the street.
making over $100Gs is not as hot as it was, say back in the 80s or 90s. I'd say most average people are underpaid, not keeping up with the rising costs.
eg: my parents paid only $90G for a 2000sqft house in 1981, I paid $328g for slightly larger in 2007, what the hell will my kids be paying when it's time for them to buy a house? will their salaries be in the 100G, I certainly hope so!
so I'm went off on a tangent :loco (night shift) , sorry to thread jack
100k is a pretty high salary that can have you living quite well for a person with no dependants. But since you are supporting kids, wife and yourself. that money dwindles very fast. in comparison: if a typical middle class family will have double income earners in their household. a modest 45,000 each and that's 90,000. so i think the context or the benefit of that 100k or 6 figure salary is lost in your situation because you are a typical middle class family earning typical middle class household income.
BlueJoe
10-18-2010, 09:29 AM
holy crap specialist physician is ballin'! :D
SilentJay
10-18-2010, 09:36 AM
"Owner of NextMod" should be on that list :chuckle
Dentist for sure is way higher. i know for a fact
Zoom Zoom Boy
10-18-2010, 01:27 PM
I know lots of account execs in the tech industry and nobody is getting that as a base + commission that I know... I'd love to know the companies shelling out that kind of dough lol
Try the big equipment vendors such as Alcatel-Lucent, Ericcsson, Hauwei, Avaya, Cisco etc. al. Any experienced account executive is making 100K base or more. The commission side obviously depends on a number of factors, but the top account execs with the top accounts who exceed their quota's can easily double their base salaries. This said, many companies have been pulling back how much they pay out in comp in recent years and changing the formula's for how they pay out, so while it isn't what it was in the glory days of tech, it can still be very, very good.
I can tell you one of Canada's Big 3 telcom pays no where near that for technology PMers
edit can anyone confirm this for other tech companies???? serious questionn... I have a few options right now on where to go in tech field, technology project manager can be one of my development path
If you are talking about Rogers specifically, then yes, I agree with you. Rogers has a known reputation in the industry for paying well below market average for working level employees and for comparable professions such as PM's. They do pay very well at the executive level though, Director and above.
I have had to hire PM's on the vendor side of the business and I can tell you that it is nigh and next to impossible to hire a solidly qualified PM for less than 90K-95K, unless that individual is desperate for work.
SKYMP3
10-18-2010, 02:15 PM
I think you got it mixed up, CAs make more than CGAs
If I'm correct the order is CA (basically the CPA in US) > CMA > CGA
unless maybe you're talking about the CFA
Correct, CA is way better than a CGA....
Souls
10-19-2010, 01:09 AM
im in the datacenter doing ops support night shift right now too. Most of the positions here don't pay 100k or anywhere near =/
I'm in the PWU, but our company isn't "public" like OPG is, so we don't get published
so i think the context or the benefit of that 100k or 6 figure salary is lost in your situation because you are a typical middle class family earning typical middle class household income.
exactly. $100G/annum isn't such a big deal anymore, if I had it 15yrs ago? I'd be ballin' in my G6 :chuckle
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