Average Senior Financial Advisor Salary in Canada
The average annual salary of Senior Financial Advisor is $67,596.00
The starting salary of Senior Financial Advisor is between $48,620.00 and $57,200.00 whereas the maximum salary range is between $80,250.00 and $92,288.00.
Minimum Annual Pay | Maximum Annual Pay |
---|---|
$48,620.00 | $92,288.00 |
The average hourly pay of Senior Financial Advisor is $38.52.
The maximum hourly wage is between $39.24 and $45.00.
Minimum Hourly Pay | Maximum Hourly Pay |
---|---|
$0.00 | $45.00 |
- Currency : CAD
- Annual Salary : $67,596.00
- Hourly Pay : $38.52
- Weekly Pay : $1,250.00
- Fortnightly Salary : $2,500.00
- Monthly Salary : $5,416.00
Senior Financial Advisor Salary Comparison by Gender
This pie chart demonstrates the gender share for Senior Financial Advisor. 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, male employees are involved significantly more as Senior Financial Advisor compared to female. Their involvement is 51% while of female is only 49%.
Salary Distribution Based on Years of Experience
The line graph shows Senior Financial Advisor 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 Senior Financial Advisor having experience between 1-4 years, their salary is around $64,274.54.
Once the experience reaches 5-9 years Senior Financial Advisor salary would increase again to a total of $70,436.93, adding $6,162.39 from the last salary increase.
After reaching the 10-19 year experience in their career, another increase in salary will be added to a total of $71,636.60.
And finally, once the Senior Financial Advisor gains 20 years of experience or more, their salary would reach $69,618.32.
Prominent Skills Affecting Senior Financial Advisor Salary
The bar graph data indicates the importance of specific skills which can have a direct impact on Senior Financial Advisor's salary. It clearly highlights the skills needed for a post of Senior Financial Advisor when hired by an employer.
The most vital skill expected of Senior Financial Advisor is Financial Modeling which impacts the most than the rest of the skills indicated with a staggering 15% 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 Investment Planning with 1%. It can be said that Investment Planning 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 Senior Financial Advisor. 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 $64,892.00 whereas the highest earning is $70,300.00 which clearly shows the salary increases with the level of expertise.
Mid Carrer person will earn the maximum salary of $70,300.00 at 4%. So to summerize, Early Career earns 4% less than the average salary, Mid Carrer earns 4% more than the average salary, Late Career earns 4% more than the average salary, Experienced earns 1% less than the average salary.
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