Average Branch Manager, Insurance Office Salary in Canada
The average annual salary of Branch Manager, Insurance Office is $66,476.00
The starting salary of Branch Manager, Insurance Office is between $42,900.00 and $50,470.00 whereas the maximum salary range is between $90,950.00 and $104,593.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
$42,900.00 | $104,593.00 |
The average hourly pay of Branch Manager, Insurance Office is $29.80.
The starting hourly rate is between $20.00 and $23.32 for Branch Manager, Insurance Office whereas the maximum hourly wage is between $44.00 and $51.00.
Minimum Hourly Pay | Maximum Hourly Pay |
---|---|
$20.00 | $51.00 |
- Currency : CAD
- Annual Salary : $66,476.00
- Hourly Pay : $29.80
- Weekly Pay : $1,218.00
- Fortnightly Salary : $2,435.00
- Monthly Salary : $5,276.00
Branch Manager, Insurance Office Salary Comparison by Gender
This pie chart demonstrates the gender share for Branch Manager, Insurance Office. As indicated, the golden colour represents the percentage share for women and the green represents the percentage share for men.
As shown in the chart, female employees are involved significantly more as Branch Manager, Insurance Office compared to male. Their involvement is 83% while of male is only 17%.
Salary Distribution Based on Years of Experience
The line graph shows Branch Manager, Insurance Office salary in Canada on an annual basis. In this graph specifically, it is indicated that as the years of experience increases, so does their wages.
For Branch Manager, Insurance Office having experience between 1-4 years, their salary is around $56,556.75.
Once the experience reaches 5-9 years Branch Manager, Insurance Office salary would increase again to a total of $68,914.64, adding $12,357.89 from the last salary increase.
After reaching the 10-19 year experience in their career, decrease in salary is noted to a total of $68,649.47.
And finally, once the Branch Manager, Insurance Office gains 20 years of experience or more, their salary would reach $69,701.45.
Prominent Skills Affecting Branch Manager, Insurance Office Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Branch Manager, Insurance Office's salary. It clearly highlights the skills needed for a post of Branch Manager, Insurance Office when hired by an employer.
The most vital skill expected of Branch Manager, Insurance Office is Performance Management which impacts the most than the rest of the skills indicated with a staggering 5% comparatively. Therefore, one’s salary would greatly depend on their skills in Performance Management.
The skill least likely to affect one’s pay would be Office Management with 1%. It can be said that Office Management skill will unlikely impact the salary.
Compensation Statistics Based on Experience Levels
This combination of a line and the bar graph shows how the experience affects the salary of Branch Manager, Insurance Office. Companies are considering factors like training and education directly affecting the salary offered to you as an employee. The line graph shows the salary increment with the increase in experience whereas the bar graph shows the comparision of how the salary is getting affected based on experience level.
As shown in the trends, lowest earning is $57,169.00 whereas the highest earning is $68,470.00 which clearly shows the salary increases with the level of expertise.
Mid Carrer person will earn the maximum salary of $68,470.00 at 3%. So to summerize, Early Career earns 14% less than the average salary, Mid Carrer earns 3% more than the average salary, Late Career earns 1% more than the average salary, Experienced earns 1% more than the average salary.
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