When seeking new employment, it’s vital to select one that suits your interests and abilities.
However, having a high-paying job is also essential. In this post, we’ll look at the top ten highest-paying careers in Canada.
When looking for a career you may want to be smart and select a position in a high-demand field to boost job security, or you may desire a job with a high salary.
Certain positions consistently top this list, while others are fresh additions.
There are several job options accessible in Canada. Learning more about the top jobs that pay well and provide intriguing opportunities may assist you in determining the best fit for your career goals.
The Canadian labor market is extremely lucrative. All it takes is selecting the highest-paying jobs and working your way up to a good position. It is important to have a solid job to live a happy life.
Of course, if you reach a position of seniority or leadership, many sectors of employment provide high compensation.
Let’s have a look at the top 10 best paying jobs in Canada at the moment.
Electrical Engineer
Candidates for electrical engineer employment must be able to design, evaluate, and specify electrical systems.
Those in this position are expected to maintain these systems and components for them to function securely. This role usually necessitates a higher degree of schooling.
Starting salaries for these occupations typically range between $80,000 and $100,000, with greater average compensation in cities such as Calgary, Ontario, and British Columbia.
A broad STEM skills shortage in Canada sometimes leads to increased pay for technical positions.
Annual Average Salary: CAD 91,832
Software engineer
Software engineering is one of the occupations that has experienced substantial growth in recent years.
Indeed, coding careers have been among the most in-demand in Canada during the previous two years.
Previously, it would not have cut! When you think of software engineers, you might think of working for a computer business, but this is not the case.
This is a role that may be found in a variety of settings, as firms of all sizes construct a computer, mobile, and online applications.
To become a software engineer, you must first learn to code and develop apps.
You may expect to make roughly CAD 80,000 per year as a new software developer.
Software Engineer Average Salary: CAD 100,562
Pharmacist
If you are a pharmacist, you have several possibilities. You may, for example, work at a pharmacy, a hospital, or a drugstore.
Pharmacists, in their most basic form, deal with initiatives that promote well-being and health.
You may have seen a pharmacist in your local pharmacy when filling a prescription- this is a regular placement and duty of someone working in this type of employment.
A pharmacist gets paid well, but on an hourly basis rather than on a salary.
Pharmacist Average Salary: CAD 89,314
Full stack developer
There has never been a greater need for full-stack developers, and that desire will only increase.
It’s reasonable to argue that there’s never been a better moment to become a full-stack developer.
This is one of the most popular domains today, and it is always changing and evolving.
Working in IT will not bore you, and your career will most likely look completely different in a few years because technology evolves every year.
It’s no surprise that occupations like Full Stack Developer are among the highest-paying in Canada.
In Canada, the average full-stack developer compensation is roughly $85,000 per year.
Full Stack Developer CAD 87,915 per year
Architect
If you enjoy art and want to work in one of the highest-paying professions in Canada, architecture is the way to go.
This is a vocation that provides excellent financial stability because it is constantly in demand, regardless of where you wish to reside.
It’s also satisfying since it serves an important role in human life and allows for a lot of creativity.
Architects will earn between CAD 84,000 and CAD 130,000. Alberta, Ontario, and British Columbia are the highest-paying provinces.
Salary ranges can vary greatly based on a variety of critical factors such as education, credentials, supplemental skills, and length of time in the industry.
Annual average salary: CAD 95,000
Lawyers
They can work for corporations, law firms, or government agencies.
Their responsibilities vary depending on their legal specialty, however, they may be needed to meet with clients, offer legal advice, draft legal documents, and present cases in court.
If you want to study law, you should realize that not all attorneys do the same work, and there are significant distinctions between the lives of a prosecutor and a property lawyer, for example.
Choose based on your particular interests, however, if you want to consider pay, check into Intellectual Property Law and Corporate Law.
Physician
Salaries for physicians can go as high as CAD 300,000+ per year, especially for surgeons, cardiologists, radiologists, or anaesthesiologists.
More highly specialize medical fields will demand higher salaries, but also might come with longer hours.
Make sure to weigh your earning potential against the other criteria that will impact your speciality choice.
As of April 2022, the average physician salary in Canada can range from CAD 83,379 per year to CAD 414,389 per year.
Annual average salary: CAD 253,843 per year
Financial analyst
Financial analyst jobs remain in great demand, and their average incomes have risen in recent years.
You may expect to earn between CAD 80,000 and CAD 120,000 per year as a financial analyst.
Financial analysts with experience help firms prosper by spotting trends in financial data and assisting senior management in making informed decisions.
A more strategic and analytical finance profession requires a financial analyst to contribute more frequently and directly to other departments.
As a result, candidates for financial analyst roles are in great demand in a variety of industries.
Account manager
An account manager’s principal responsibility is to develop and maintain customer connections.
This might be relationships with existing or new clients. Account management pay is sometimes supplemented by sales commissions.
Employers seeking account managers often prefer applicants with sales expertise or familiarity with CRM, also known as Customer Relationship Management software.
Account Manager average salary: CAD 86,104
HR manager
Entry-level HR manager salaries start at $80,000 per year, with most experienced personnel earning up to $110,000 per year.
Human Resources professionals may expect a high earning potential, career security, and growing compensation.
HR professionals should expect strong employment security over the next several years while earning respectable compensation.
With so many job vacancies, people with in-demand skills have more bargaining power.
Annual average salary: CAD 90,000
Conclusion
Of course, once you achieve a position of seniority or leadership, many fields of work have the potential for a high salary. And nothing surpasses the delight of doing what you enjoy.
Remember that typical wages are intended to give you an indication of how much you may make.
However, your salary will frequently be determined by your knowledge, abilities, and contacts.
You should take the decision to improve your skills as best you can to have the best chances of earning big.
