Average Economic Analyst Salary in Canada
The average annual salary of Economic Analyst is $67,416.00
The starting salary of Economic Analyst is between $43,775.00 and $51,500.00 whereas the maximum salary range is between $103,680.00 and $119,232.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
$43,775.00 | $119,232.00 |
The average hourly pay of Economic Analyst is $29.64.
The maximum hourly wage is between $31.61 and $36.00.
Minimum Hourly Pay | Maximum Hourly Pay |
---|---|
$0.00 | $36.00 |
Economic Analyst Salary Comparison by Gender
This pie chart demonstrates the gender share for Economic Analyst. 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 Economic Analyst compared to male. Their involvement is 52% while of male is only 48%.
Salary Distribution Based on Years of Experience
The line graph shows Economic Analyst 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 Economic Analyst working less than a year in a company, you notice that their annual salary starts around $63,648.00.
As the years of experience reaches 1 to 4, there is a significant increase of $677.98 which would give a total wage of CAD64,325.98.
And finally, once the Economic Analyst gains 20 years of experience or more, their salary would reach $0.00.
Prominent Skills Affecting Economic Analyst Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Economic Analyst's salary. It clearly highlights the skills needed for a post of Economic Analyst when hired by an employer.
The most vital skill expected of Economic Analyst is Statistical Analysis which impacts the most than the rest of the skills indicated with a staggering 8% comparatively. Therefore, one’s salary would greatly depend on their skills in Statistical Analysis.
The skill least likely to affect one’s pay would be Econometrics with 1%. It can be said that Econometrics 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 Economic Analyst. 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 -$4,045.00 whereas the highest earning is $63,371.00 which clearly shows the salary increases with the level of expertise.
Entry Level person will earn the maximum salary of $63,371.00 at -6%. So to summerize, Entry Level earns 6% less than the average salary, Early Career earns 6% less than the average salary, Experienced earns 106% less than the average salary.
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