Average Finance Associate Salary in Canada
The average annual salary of Finance Associate is $55,339.00
The starting salary of Finance Associate is between $34,281.00 and $40,330.00 whereas the maximum salary range is between $93,600.00 and $107,640.00.
| Minimum Annual Pay | Maximum Annual Pay |
|---|---|
| $34,281.00 | $107,640.00 |
The average hourly pay of Finance Associate is $20.25.
The starting hourly rate is between $16.00 and $19.08 for Finance Associate whereas the maximum hourly wage is between $29.16 and $34.00.
| Minimum Hourly Pay | Maximum Hourly Pay |
|---|---|
| $16.00 | $34.00 |
- Currency : CAD
- Annual Salary : $55,339.00
- Hourly Pay : $20.25
- Weekly Pay : $1,014.00
- Fortnightly Salary : $2,027.00
- Monthly Salary : $4,392.00
Finance Associate Salary Comparison by Gender
This pie chart demonstrates the gender share for Finance Associate. 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 Finance Associate compared to male. Their involvement is 53% while of male is only 47%.
Salary Distribution Based on Years of Experience
The line graph shows Finance Associate 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 Finance Associate having experience between 1-4 years, their salary is around $53,156.50.
Once the experience reaches 5-9 years Finance Associate salary would increase again to a total of $67,639.39, adding $14,482.89 from the last salary increase.
After reaching the 10-19 year experience in their career, decrease in salary is noted to a total of $57,731.36.
Prominent Skills Affecting Finance Associate Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Finance Associate's salary. It clearly highlights the skills needed for a post of Finance Associate when hired by an employer.
The most vital skill expected of Finance Associate is Financial Modeling which impacts the most than the rest of the skills indicated with a staggering 61% comparatively. Therefore, one’s salary would greatly depend on their skills in Financial Modeling.
The skill least likely to affect one’s pay would be Data Analysis with 1%. It can be said that Data Analysis 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 Finance Associate. 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 $53,679.00 whereas the highest earning is $67,514.00 which clearly shows the salary increases with the level of expertise.
Mid Carrer person will earn the maximum salary of $67,514.00 at 22%. So to summerize, Early Career earns 3% less than the average salary, Mid Carrer earns 22% more than the average salary, Late Career earns 3% more than the average salary.
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