How Much Money Do Psychologists Make In Canada
How much money does a Clinical Psychologist make in Canada?
Average Yearly Salary
358,000 CAD
( 29,900 CAD monthly)
LOW
179,000
CAD AVERAGE
358,000
CAD HIGH
556,000
CAD
A person working as a Clinical Psychologist in Canada typically earns around 358,000 CAD per year. Salaries range from 179,000 CAD (lowest) to 556,000 CAD (highest).
This is the average yearly salary including housing, transport, and other benefits. Clinical Psychologist salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Clinical Psychologist Salary Distribution in Canada
The median, the maximum, the minimum, and the range
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Salary Range
Clinical Psychologist salaries in Canada range from 179,000 CAD per year (minimum salary) to 556,000 CAD per year (maximum salary).
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Median Salary
The median salary is 358,000 CAD per year, which means that half (50%) of people working as Clinical Psychologist(s) are earning less than 358,000 CAD while the other half are earning more than 358,000 CAD. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
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Percentiles
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Clinical Psychologist(s) are earning less than 242,000 CAD while 75% of them are earning more than 242,000 CAD. Also from the diagram, 75% of Clinical Psychologist(s) are earning less than 457,000 CAD while 25% are earning more than 457,000 CAD.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
Clinical Psychologist Salary Comparison by Years of Experience
How does experience and age affect your pay?
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Clinical Psychologist salaries by experience level and this is what we found.
A Clinical Psychologist with less than two years of experience makes approximately 215,000 CAD per year.
While someone with an experience level between two and five years is expected to earn 285,000 CAD per year, 32% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 381,000 CAD per year, 34% more than someone with two to five years of experience.
" On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark. "
Additionally, Clinical Psychologist(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 454,000 CAD per year, 19% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 490,000 CAD per year, 8% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 526,000 CAD per year, 7% more than people with fifteen to twenty years of experience.
Clinical Psychologist average salary change by experience in Canada
| 0 - 2 Years | 215,000 CAD | |
| 2 - 5 Years | +32% | 285,000 CAD |
| 5 - 10 Years | +34% | 381,000 CAD |
| 10 - 15 Years | +19% | 454,000 CAD |
| 15 - 20 Years | +8% | 490,000 CAD |
| 20+ Years | +7% | 526,000 CAD |
Percentage increase and decrease are relative to the previous value
Typical Salary Progress for Most Careers
Clinical Psychologist Salary Comparison By Gender
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Clinical Psychologist employees in Canada earn 4% more than their female counterparts on average.
| Male | 366,000 CAD | |
| Female | -4% | 351,000 CAD |
Percentage increase and decrease are relative to the previous value
Salary Comparison By Gender in Canada for all Careers
Clinical Psychologist Average Annual Salary Increment Percentage in Canada
How much are annual salary increments in Canada for Clinical Psychologist(s)? How often do employees get salary raises?
Clinical Psychologist
Clinical Psychologist(s) in Canada are likely to observe a salary increase of approximately 14% every 14 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.
The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.
Canada / All Professions
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
"The average salary increase in one year (12 months) in Canada is 7%."
Annual Increment Rate By Industry 2020
| Banking | 2% | |
| Energy | 4% | |
| Information Technology | 6% | |
| Healthcare | 8% | |
| Travel | 1% | |
| Construction | 3% | |
| Education | 5% |
Listed above are the average annual increase rates for each industry in Canada for the year 2020. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
Worldwide Salary Raises: All Countries and All Jobs
Clinical Psychologist Bonus and Incentive Rates in Canada
How much and how often are bonuses being awarded?
A Clinical Psychologist is considered to be a high bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
13% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 87% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 8% of their annual salary.
| Received Bonus | 87% | |
| No Bonus | 13% |
Types of Bonuses Considered
Individual Performance-Based Bonuses
The most standard form of bonus where the employee is awarded based on their exceptional performance.
Company Performance Bonuses
Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based Bonuses
Granted upon achieving an important goal or milestone.
Holiday / End of Year Bonuses
These types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs | |
| Revenue Generators | Supporting Cast |
| Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
| Example: | Example: |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
"Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine."
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Clinical Psychologist Average Hourly Wage in Canada
The average hourly wage (pay per hour) in Canada is 170 CAD. This means that the average Clinical Psychologist in Canada earns approximately 170 CAD for every worked hour.
Hourly Wage = Annual Salary ÷ ( 52 x 5 x 8 )
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
Clinical Psychologist VS Other Jobs
The average salary for Clinical Psychologist is 28% more than that of Doctor / Physician. Also, Doctor / Physician salaries are 57% more than those of Health and Medical.
Salary comparison with similar jobs
| Advanced Nutrition Aide | 164,000 CAD |  -54% |
| Advanced Practice Provider | 162,000 CAD | -55% |
| Allergist | 222,000 CAD | -38% |
| Behavioral Health Specialist | 140,000 CAD | -61% |
| Chiropractor | 148,000 CAD | -59% |
| Clinical Psychologist | 358,000 CAD | -0% |
| Correctional Treatment Specialist | 221,000 CAD | -38% |
| Counseling Psychologist | 284,000 CAD | -21% |
| Dermatologist | 365,000 CAD |  +2% |
| Dietitian | 242,000 CAD | -32% |
| Doctor | 287,000 CAD | -20% |
| Emergency Department Physician | 270,000 CAD | -25% |
| Exercise Physiologist | 296,000 CAD | -17% |
| Forensic Pathologist | 304,000 CAD | -15% |
| General Medical Practitioner | 227,000 CAD | -37% |
| Genetic Counselor | 200,000 CAD | -44% |
| Internist | 372,000 CAD | +4% |
| Interventionist | 371,000 CAD | +3% |
| Invasive Cardiologist | 465,000 CAD | +30% |
| Mental Health Therapst | 220,000 CAD | -39% |
| Naturopathic Physician | 353,000 CAD | -2% |
| Neurologist | 356,000 CAD | -1% |
| Neurophysiology Technologist | 99,800 CAD | -72% |
| Nuclear Medicine Physician | 319,000 CAD | -11% |
| Obstetrician / Gynecologist | 331,000 CAD | -8% |
| Occupational Health Safety Specialist | 164,000 CAD | -54% |
| Ophthalmologist | 262,000 CAD | -27% |
| Optometrist | 266,000 CAD | -26% |
| Pediatrician | 284,000 CAD | -21% |
| Physical Therapist | 190,000 CAD | -47% |
| Physical Therapy Director | 228,000 CAD | -36% |
| Physician - Anesthesiology | 400,000 CAD | +12% |
| Physician - Cardiology | 446,000 CAD | +24% |
| Physician - CCU | 262,000 CAD | -27% |
| Physician - Dermatology | 348,000 CAD | -3% |
| Physician - Emergency Room | 271,000 CAD | -24% |
| Physician - Endocrinology | 359,000 CAD | +0% |
| Physician - Family Practice | 235,000 CAD | -34% |
| Physician - Gastroenterology | 331,000 CAD | -8% |
| Physician - Generalist | 250,000 CAD | -30% |
| Physician - Geriatrics | 224,000 CAD | -38% |
| Physician - Hematology / Oncology | 325,000 CAD | -9% |
| Physician - Immunology / Allergy | 363,000 CAD | +1% |
| Physician - Infectious Disease | 322,000 CAD | -10% |
| Physician - Internal Medicine | 369,000 CAD | +3% |
| Physician - Maternal / Fetal Medicine | 307,000 CAD | -14% |
| Physician - Nephrology | 353,000 CAD | -2% |
| Physician - Neurology | 367,000 CAD | +2% |
| Physician - Nuclear Medicine | 323,000 CAD | -10% |
| Physician - Obstetrics / Gynecology | 321,000 CAD | -10% |
| Physician - Occupational Medicine | 258,000 CAD | -28% |
| Physician - Ophthalmology | 228,000 CAD | -36% |
| Physician - Otolaryngology | 222,000 CAD | -38% |
| Physician - Pain Medicine | 215,000 CAD | -40% |
| Physician - Pathology | 257,000 CAD | -28% |
| Physician - Pediatric Cardiology | 331,000 CAD | -8% |
| Physician - Pediatric Neonatology | 328,000 CAD | -9% |
| Physician - Pediatrics | 279,000 CAD | -22% |
| Physician - Physiatry | 315,000 CAD | -12% |
| Physician - Podiatry | 272,000 CAD | -24% |
| Physician - Pulmonary Medicine | 223,000 CAD | -38% |
| Physician - Radiation Therapy | 380,000 CAD | +6% |
| Physician - Radiology | 357,000 CAD | -0% |
| Physician - Rheumatology | 327,000 CAD | -9% |
| Physician - Sports Medicine | 337,000 CAD | -6% |
| Physician - Urology | 410,000 CAD | +14% |
| Physician Assistant | 199,000 CAD | -44% |
| Physiotherapist | 208,000 CAD | -42% |
| Podiatrist | 235,000 CAD | -34% |
| Preventive Medicine Physician | 286,000 CAD | -20% |
| Psychiatrist | 306,000 CAD | -15% |
| Psychololgist | 303,000 CAD | -15% |
| Psychometrician | 270,000 CAD | -25% |
| Radiologist | 333,000 CAD | -7% |
| Registered Respiratory Therapist | 196,000 CAD | -45% |
| Skin Care Specialist | 182,000 CAD | -49% |
| Urologist | 408,000 CAD | +14% |
| Vision Rehabilitation Therapist | 194,000 CAD | -46% |
Salary Comparison By City
| Brampton | 391,000 CAD |
| Calgary | 416,000 CAD |
| Edmonton | 407,000 CAD |
| Gatineau | 349,000 CAD |
| Halifax | 368,000 CAD |
| Hamilton | 362,000 CAD |
| Kitchener | 360,000 CAD |
| Markham | 370,000 CAD |
| Mississauga | 378,000 CAD |
| Montreal | 425,000 CAD |
| Ottawa | 387,000 CAD |
| Quebec | 393,000 CAD |
| Regina | 340,000 CAD |
| Richmond | 327,000 CAD |
| Saskatoon | 348,000 CAD |
| Surrey | 369,000 CAD |
| Toronto | 411,000 CAD |
| Vancouver | 408,000 CAD |
| Vaughan | 358,000 CAD |
| Windsor | 350,000 CAD |
| Winnipeg | 396,000 CAD |
Salary Comparison By State
| Alberta | 408,000 CAD |
| British Columbia | 421,000 CAD |
| Manitoba | 403,000 CAD |
| New Brunswick | 358,000 CAD |
| Newfoundland-Labrador | 346,000 CAD |
| Northwest Territories | 379,000 CAD |
| Nova Scotia | 352,000 CAD |
| Nunavut | 383,000 CAD |
| Ontario | 407,000 CAD |
| Prince Edward Island | 343,000 CAD |
| Quebec | 430,000 CAD |
| Saskatchewan | 372,000 CAD |
| Yukon | 337,000 CAD |
Government vs Private Sector Salary Comparison
Where can you get paid more, working for a private company or for the government? Public sector employees in Canada earn 4% more than their private sector counterparts on average across all sectors.
| Private Sector | 117,000 CAD | |
| Public Sector | +4% | 122,000 CAD |
Percentage increase and decrease are relative to the previous value
How Much Money Do Psychologists Make In Canada
Source: http://www.salaryexplorer.com/salary-survey.php?loc=38&loctype=1&job=10087&jobtype=3
Posted by: bradleythdow1993.blogspot.com
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