What Is A Good Hourly Wage In Ontario

What Is A Good Hourly Wage In Ontario Any salary above 54 450 per year or 27 92 per hour gross income could be considered a good salary in Canada However the definition of a good salary depends on the province territory where you decide to live your lifestyle and your monthly expenses among other factors Location

Good to know Annual salary average hours per week hourly rate 52 weeks minus weeks of vacation weeks of holidays For example imagine someone earns 15 per hour in Ontario works an average of 35 hours per week and has a total of 4 weeks of vacation and holidays They would earn 25 200 per year Here is the math 35 hours 15 Ontario s average living wage is now 19 72 per hour according to a group that calculates the amount of money someone needs to make each hour to make ends meet The rate varies from region to

What Is A Good Hourly Wage In Ontario

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Ontario Canada Get a free salary comparison based on job title skills experience and education Accurate reliable salary and compensation comparisons for Ontario Canada Hourly wages in Canada can also vary considerably depending on your industry As an example the average hourly wage of a worker in accommodation and food services is 17 18 per hour In comparison someone working in real estate makes an average of 26 87 per hour while those in construction make an average of 35 02 per hour The highest

A good salary can also be a comparative metric based on how much money others in your industry earn This can show you what earning power professionals with similar credentials might have For example the national average salary for chemists is 41 398 per year Therefore if you re a chemist who earns 70 000 per year you re earning 69 more The average salary in Ontario is 46 055 A good hourly wage in Ontario is 19 23 per hour That works out to a good weekly wage of 769 per week and a good monthly wage of 3 333 per month However using the median income is only one way to calculate a good salary in Ontario

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Salary Calculator Results If you are living in Canada in Ontario and earning a gross annual salary of 73 793 or 6 149 monthly before taxes your net income or salary after tax will be 55 428 per year 4 619 per month or 1 066 per week Taxes and contributions may vary significantly based on your location What is the minimum hourly wage in Canada The minimum wage is the lowest an employer can legally pay you per hour The region with the highest minimum wage is Nunavut while Quebec pays the lowest Here is a list of the minimum wage by province and territory Alberta 15 00 per hour British Columbia 15 20 per hour Manitoba 11 90 per

For example a salary of 100 000 in Alberta puts you in the 85th percentile of wage earners in the province whereas the same salary in Ontario puts you in the 90th percentile and in the Northwest Territories in the 75th percentile Middle class income in Ontario has a salary range of 35 887 to 74 517 A salaried position or salary pay is the compensation you receive based on a fixed amount consistent throughout the year based on a set amount of hours As a salaried employee the company pays you based on an annual amount For example your yearly salary based on an agreed 40 hours per week is 60 000 per year

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What Is A Good Hourly Wage In Ontario - Same as general minimum wage 12 55 per hour 12 45 per hour Hunting fishing and wilderness guides minimum wage 82 85 Rate for working less than five consecutive hours in a day 165 75 Rate for working five or more hours in a day whether or not the hours are consecutive 77 60