Is 70K CAD with 2 weeks of vacation a year par salary in Waterloo?

[chiyakam]

Hello all,

I'm immigrating to Canada in the next 2 months and have received an offer to join a comapny as project manager for 70K CAD per annum salary, 2 weeks vacation and health benefits (80% company paid, 20% self).

My question is is that a par salary for a PMP with 13+ years of international experience (of which 2 years was in Canada)? I was drawing 63K CAD in 2011 and think it's a below par offer but would like to have your feedback on the latest trends there.

Thanks!!

 

[Bs65]

Not speaking from experience but a quick google would seem to indicate that is lower end of scale. Depends as well what industry. http://www.payscale.com/research/CA/Certification=Project_Management_Professional_%28PMP%29/Salary

 

[chiyakam]

Thanks for the link @Bs65! Salary is definitely on the lower side and to me the benefits also seem to be on the lower side. Would like to see the feedback from people here.

 

[emamabd]

Hello all,

I'm immigrating to Canada in the next 2 months and have received an offer to join a comapny as project manager for 70K CAD per annum salary, 2 weeks vacation and health benefits (80% company paid, 20% self).

My question is is that a par salary for a PMP with 13+ years of international experience (of which 2 years was in Canada)? I was drawing 63K CAD in 2011 and think it's a below par offer but would like to have your feedback on the latest trends there.

Thanks!!

it depends on the industry, the company and the job level.

i.e. if its a Senior PM position, that would be really low, while for an intermediate pm its a bit less than the average but for a junior PM thats a handsome salary.

 

[Kovurs]

Hi,

Just my opinion based on my limited personal encounters.
Getting job after reaching Canada is not that easy* (* not for everyone though).
I would strongly suggest to take up the job, work for a year or so, find the job
with good package. This would be the best move, if I were in your place.

Rest, it is your decision/your call.

Cheers.

 

[next2015]

Yes it is on the low end, but like Kovurs mentioned, its not everyday one gets an offer before landing. That salary will certainly make your integration much easier, financially speaking. I'd advise you take the offer, have a more comfortable start, and look around for better opportunities while at it.

That said, has the employer tied the amount to probation? If so, then you may have the opportunity to negotiate at the end of the probation period. If not, you could seek clarification.

All the best.

 

[Bs65]

Yes it is on the low end, but like Kovurs mentioned, its not everyday one gets an offer before landing. That salary will certainly make your integration much easier, financially speaking. I'd advise you take the offer, have a more comfortable start, and look around for better opportunities while at it.

That said, has the employer tied the amount to probation? If so, then you may have the opportunity to negotiate at the end of the probation period. If not, you could seek clarification.

All the best.

thats true consider taking the job and consider yourself lucky as many people can be months without work when they first arrive even experienced IT professionals or Project Managers in any field. Get established and settled , if doesnt work out look for something else but in mean time you are adding to that all important Canadian experience that employers look for.

 

[ttrajan]

This salary is okay for the present market conditions.

 

[CDNPR2014]

also, 2 weeks is pretty standard for vacation time. 80% employer paid benefits is considered generous.

 

[chiyakam]

Thanks for the feedback everyone! I have to let this offer go as I cannot join in the short timeline they have given me so will have to look for alternate options anyway.

 

[emamabd]

Thanks for the feedback everyone! I have to let this offer go as I cannot join in the short timeline they have given me so will have to look for alternate options anyway.

Try to negotiate the start date if you can. If not possible then good luck with the job search!

 

[foodie69]

Very low salary.

MBA fresh out of school will be making same..

Better than a taxi driver.. and by the way, MBA is nothing special anymore and you won't make 70 grand out of school. http://www.payscale.com/research/CA/Years_Experience=Less_than_1_year/Salary

 

[torontosm]

MBA fresh out of school will be making same..

I'm not sure what your point is. According to this report (http://www.rotman.utoronto.ca/-/media/files/programs-and-areas/fulltimemba/Rotman_Full-Time-MBA_Employment-and-Salary-Report_2013-2014.pdf), some MBA grads earned $180,000 after graduating. Does that mean that anyone with experience should reject a job that pays less than that?

 

[nope]

I'm not sure what your point is. According to this report (http://www.rotman.utoronto.ca/-/media/files/programs-and-areas/fulltimemba/Rotman_Full-Time-MBA_Employment-and-Salary-Report_2013-2014.pdf), some MBA grads earned $180,000 after graduating. Does that mean that anyone with experience should reject a job that pays less than that?

This thread is an example of the confusion that results when people mix the use of money with the status of money. From a practical point of view, this would be a good job to move to Canada and gain experience; at 70,000/year, settling in would be easy and risk-free. Most immigrants don't arrive with that.

However, the person is worried not about what they would make, but what other people make; in other words, their status, if they accept this job. Whatever works for people . . . but I know that in a risky economy, with a number of headwinds, my main concern in accepting a job would not be what other people are making.

 

[chiyakam]

This thread is an example of the confusion that results when people mix the use of money with the status of money. From a practical point of view, this would be a good job to move to Canada and gain experience; at 70,000/year, settling in would be easy and risk-free. Most immigrants don't arrive with that.

However, the person is worried not about what they would make, but what other people make; in other words, their status, if they accept this job. Whatever works for people . . . but I know that in a risky economy, with a number of headwinds, my main concern in accepting a job would not be what other people are making.

You have made a very good point my friend. I have previous Canadian work experience (~4 years) with me and also have done certifications from technical and managerial positions and happen to have friends in IT industry in Canada and with that mindset I thought to ask here whether it's good or not. I might have taken it but for the immediate joining which cannot be worked out as I still need to complete all my engagements back home.. Continuing with the job hunt in other channels.