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Accountant Average Salary in Saskatchewan 2024

How much money does a person working as Accountant make in Saskatchewan?


Average Yearly Salary
81,000 CAD
( 6,750 CAD monthly)

LOW
37,200
CAD
AVERAGE
81,000
CAD
HIGH
129,000
CAD
All salary figures displayed here are per year except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

A person working as Accountant in Saskatchewan typically earns around 81,000 CAD. Salaries range from 37,200 CAD (lowest) to 129,000 CAD (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Accountant salaries in Saskatchewan vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Accountant Pay Scale and Salaries in Saskatchewan

Median and salary distribution Saskatchewan Accountant yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
76,800 CAD or more
10% of people earn
67,300 to 76,800 CAD
20% of people earn
46,400 CAD or less
65% of people earn
46,400 to 67,300 CAD
Minimum Salary
37,200 CAD
Median
77,400 CAD
Maximum
129,000 CAD




Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range

All salary figures displayed here are per year except when noted otherwise.
  • Salary Range, Minimum Wage, and Starting Salary

    Salaries for the position Accountant in Saskatchewan range from 37,200 CAD (starting salary) to 129,000 CAD (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.

  • Median Salary

    With a median salary of 77,400 CAD, half of the professionals who work as Accountant in Saskatchewan earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.

  • Percentiles and Salary Scale

    The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Accountant in Saskatchewan earn less than 62,400 CAD, while 75% earn more. Similarly, the chart shows that 75% earn less than 89,200 CAD while 25% earn more.

  • Pay Scale Structure

    To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Accountant in Saskatchewan compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 46,400 CAD to 67,300 CAD. About 20% of salaries are below the 46,400 CAD mark, while 10% fall within the range of 67,300 CAD to 76,800 CAD. Only 5% of individuals have salaries exceeding 76,800 CAD.

Salary Comparison by Years of Experience / Accountant / Saskatchewan

How do experience and age affect pay?

0 - 2 Years
42,300 CAD
2 - 5 Years+34%
56,500 CAD
5 - 10 Years+48%
83,500 CAD
10 - 15 Years+22%
102,000 CAD
15 - 20 Years+9%
111,000 CAD
20+ Years+8%
120,000 CAD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly Saskatchewan Accountant
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The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Accountant and this is what we found.


All salary figures displayed here are per year except when noted otherwise.

Employees with less than two years of experience earn approximately 42,300 CAD.

While someone with an experience level between two and five years is expected to earn 56,500 CAD, 34% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 83,500 CAD, 48% more than someone with two to five years of experience.

Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 102,000 CAD, 22% 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 111,000 CAD, 9% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 120,000 CAD, 8% more than people with fifteen to twenty years of experience.

On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark.
* Based on the average change in salary over time. Salary variations differ from person to person.

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Salary Comparison By Education / Accountant / Saskatchewan

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Accountant.

High School
51,900 CAD
Certificate or Diploma+18%
61,000 CAD
Bachelor's Degree+45%
88,500 CAD
Master's Degree+31%
116,000 CAD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly Saskatchewan Accountant
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We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Accountant in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 51,900 CAD.


Level 2: Certificate or Diploma

At this level, the average salary becomes 61,000 CAD, 18% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 88,500 CAD, 45% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 116,000 CAD, 31% more than the previous level.



Is a Master's degree or an MBA worth it? Should you pursue higher education?

A Master's degree program or any post-graduate program in Canada costs anywhere from 50,000 CAD to 150,000 CAD and lasts approximately two years. That is quite an investment.

You can't really expect any salary increases during the study period, assuming you already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.

Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.

If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.


Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Accountant / Saskatchewan

Salary comparison by gender Canada Accountant yearly
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Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Accountant in Canada, the average difference between the salary of male and female employees is 4%.

Male
82,500 CAD
Female-4%
79,000 CAD
Percentage increase and decrease are relative to the previous value

Salary Comparison By Gender in Canada for all Careers

Salary comparison by gender yearly Canada
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Average Annual Salary Increment Percentage / Accountant / Saskatchewan

How much are annual salary increments in Saskatchewan for individuals working as Accountant? How often do employees get salary raises?

Individuals working as Accountant in Canada are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.

Annual Salary Increment Rate Canada Accountant
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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

Annual Salary Increment Rate Canada
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The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare 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%.

Worldwide Salary Raises: All Countries and All Jobs

World Average Annual Salary Increment
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Salary Packages and Schemes

Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.



Bonus and Incentive Rates / Accountant / Canada

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Canada Accountant
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100% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from % to % of their annual salary.

Received Bonus
%
No Bonus
100%

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 GeneratorsSupporting 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:
A graphics designer working for a graphics designing company.

Example:
A graphic designer in the marketing department of a hospital.


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.

Average Hourly Wage / Accountant / Saskatchewan


39 CAD per hour

The average hourly wage (pay per hour) for individuals working as Accountant in Saskatchewan is 39 CAD.This is the rate they get paid for every worked hour.


Hourly Wage = Annual Salary / ( 52 x 5 x 8 )

About The Hourly Pay Rate

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 fixed 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.

What is the minimum hourly rate of pay?

The minimum pay rate per hour for people working as Accountant in Saskatchewan is 18 CAD. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.

Salary comparison with similar jobs

Job TitleAverage Salary
Accounting and Finance-100%
Account Examiner60,600 CAD-25%
Account Executive105,000 CAD+30%
Accountant81,000 CAD+0%
Accounting Analyst106,000 CAD+31%
Accounting Assistant65,000 CAD-20%
Accounting Associate61,500 CAD-24%
Accounting Clerk50,300 CAD-38%
Accounting Coordinator72,800 CAD-10%
Accounting Head166,000 CAD+100%
Accounting Manager172,000 CAD+110%
Accounting Officer59,100 CAD-27%
Accounting Specialist111,000 CAD+37%
Accounting Supervisor112,000 CAD+38%
Accounting Technician60,900 CAD-25%
Accounting Unit Controller134,000 CAD+65%
Accounts Executive101,000 CAD+25%
Accounts Officer65,900 CAD-19%
Accounts Payable and Receivable Specialist82,100 CAD+1%
Accounts Payable Assistant66,400 CAD-18%
Accounts Payable Associate72,200 CAD-11%
Accounts Payable Clerk61,900 CAD-24%
Accounts Payable Manager169,000 CAD+110%
Accounts Receivable Administrator122,000 CAD+51%
Accounts Receivable Clerk58,900 CAD-27%
Accounts Receivable Financial Analyst120,000 CAD+48%
Accounts Receivable Manager158,000 CAD+95%
Accounts Receivable Team Leader116,000 CAD+43%
Algorithmic Trading Specialist142,000 CAD+75%
Assistant Accountant65,300 CAD-19%
Assistant Accounting Manager162,000 CAD+100%
Assistant Auditor79,400 CAD-2%
Assistant Corporate Controller118,000 CAD+46%
Assistant Finance Manager181,000 CAD+120%
Assistant Financial Controller115,000 CAD+42%
Audit Director187,000 CAD+130%
Audit Supervisor153,000 CAD+89%
Auditing Clerk65,900 CAD-19%
Auditing Manager175,000 CAD+120%
Billing Clerk63,800 CAD-21%
Billing Coordinator78,100 CAD-4%
Billing Specialist89,300 CAD+10%
Billing Supervisor126,000 CAD+56%
Bookkeeper55,700 CAD-31%
Bookkeeping Specialist83,000 CAD+2%
Budget Analyst149,000 CAD+84%
Budget Manager166,000 CAD+100%
Business Support Analyst89,600 CAD+11%
Capital Markets Associate120,000 CAD+48%
Cash Flow Analyst125,000 CAD+54%
Cash Management Manager168,000 CAD+110%
Cash Management Officer99,800 CAD+23%
Cashbook Clerk55,700 CAD-31%
Chartered Accountant103,000 CAD+27%
Chief Accountant125,000 CAD+54%
Chief Financial Technology Officer171,000 CAD+110%
Collections Clerk53,300 CAD-34%
Collections Representative71,700 CAD-11%
Collections Specialist85,000 CAD+5%
Corporate Controller127,000 CAD+57%
Corporate Treasurer159,000 CAD+96%
Cost Accountant83,000 CAD+2%
Cost Accounting Manager170,000 CAD+110%
Cost Accounting Supervisor131,000 CAD+62%
Cost Analyst126,000 CAD+56%
Credit and Collection Manager161,000 CAD+99%
Credit and Collection Staff60,600 CAD-25%
Credit and Loans Officer58,900 CAD-27%
Credit Controller113,000 CAD+40%
Credit Manager174,000 CAD+110%
Debt Adviser138,000 CAD+70%
Debt Collector69,200 CAD-15%
Debtors Clerk56,400 CAD-30%
Debtors Controller59,100 CAD-27%
Deputy CFO233,000 CAD+190%
Deputy Head of Finance222,000 CAD+170%
Derivative Trader140,000 CAD+73%
Director of Finance252,000 CAD+210%
E-commerce Accountant84,200 CAD+4%
Economist201,000 CAD+150%
Equity Analyst142,000 CAD+75%
Escrow Assistant76,600 CAD-5%
Executive Accountant93,700 CAD+16%
External Auditor121,000 CAD+49%
Finance Administrator97,600 CAD+21%
Finance Analyst156,000 CAD+93%
Finance Associate74,600 CAD-8%
Finance Data Analyst128,000 CAD+58%
Finance Director235,000 CAD+190%
Finance Executive183,000 CAD+130%
Finance Licensing Clerk62,500 CAD-23%
Finance Licensing Manager154,000 CAD+90%
Finance Licensing Specialist89,400 CAD+10%
Finance Manager229,000 CAD+180%
Finance Officer76,800 CAD-5%
Finance President257,000 CAD+220%
Finance Relationship Manager184,000 CAD+130%
Finance Release Analyst97,000 CAD+20%
Finance Specialist139,000 CAD+72%
Finance Team Leader 182,000 CAD+120%
Financial Accountant79,400 CAD-2%
Financial Actuary129,000 CAD+59%
Financial Administrator137,000 CAD+69%
Financial Advisor156,000 CAD+93%
Financial Analyst148,000 CAD+83%
Financial Applications Specialist102,000 CAD+26%
Financial Assistant67,700 CAD-16%
Financial Associate65,200 CAD-19%
Financial Claims Analyst112,000 CAD+38%
Financial Claims Manager152,000 CAD+88%
Financial Claims Supervisor131,000 CAD+62%
Financial Clerk61,700 CAD-24%
Financial Commercial Analyst120,000 CAD+48%
Financial Compliance Analyst135,000 CAD+67%
Financial Compliance Officer129,000 CAD+59%
Financial Consultant108,000 CAD+33%
Financial Controller135,000 CAD+67%
Financial Coordinator74,400 CAD-8%
Financial Customer Service Manager157,000 CAD+94%
Financial Data Scientist155,000 CAD+91%
Financial Dealer and Broker86,500 CAD+7%
Financial Director238,000 CAD+190%
Financial Encoder67,600 CAD-17%
Financial Manager221,000 CAD+170%
Financial Modelling Analyst154,000 CAD+90%
Financial Operations Manager215,000 CAD+170%
Financial Policy Analyst132,000 CAD+63%
Financial Project Manager176,000 CAD+120%
Financial Quantitative Analyst143,000 CAD+77%
Financial Reporting Consultant117,000 CAD+44%
Financial Reporting Manager163,000 CAD+100%
Financial Section Head161,000 CAD+99%
Financial Services Manager203,000 CAD+150%
Financial Services Sales Agent87,100 CAD+8%
Financial Technology Consultant125,000 CAD+54%
Financial Wellness Coach168,000 CAD+110%
FinTech Analyst144,000 CAD+78%
Fixed Assets Administrator88,000 CAD+9%
Forensic Accountant92,700 CAD+14%
Fraud Detection Supervisor98,200 CAD+21%
Fraud Prevention Manager167,000 CAD+110%
Fund Accountant80,300 CAD-1%
Grants Coordinator63,300 CAD-22%
Green Finance Analyst131,000 CAD+62%
Group Financial Manager240,000 CAD+200%
Internal Auditor107,000 CAD+32%
Internal Control Adviser125,000 CAD+54%
Internal Control Officer71,300 CAD-12%
International Tax Director199,000 CAD+150%
Inventory Accountant83,700 CAD+3%
Investment Advisor231,000 CAD+190%
Investment Analyst158,000 CAD+95%
Investment Associate141,000 CAD+74%
Investment Broker138,000 CAD+70%
Investment Fund Manager193,000 CAD+140%
Investment Operations Manager188,000 CAD+130%
Investment Underwriter68,200 CAD-16%
Investor110,000 CAD+36%
Investor Relations Manager159,000 CAD+96%
KYC Team Leader164,000 CAD+100%
Loan Processor70,900 CAD-12%
Management Accountant92,400 CAD+14%
Management Economist184,000 CAD+130%
Paymaster66,900 CAD-17%
Payroll Administrator112,000 CAD+38%
Payroll Benefits Coordinator89,500 CAD+11%
Payroll Billing Manager152,000 CAD+88%
Payroll Clerk75,600 CAD-7%
Payroll Manager147,000 CAD+82%
Payroll Officer74,400 CAD-8%
Payroll Specialist82,500 CAD+2%
Payroll Supervisor106,000 CAD+31%
Pensions Administrator83,800 CAD+3%
Personal Financial Advisor121,000 CAD+49%
Pricing Analyst134,000 CAD+65%
Private Equity Analyst143,000 CAD+77%
Project Accountant90,300 CAD+12%
Proposal Development Coordinator70,400 CAD-13%
Quantitative Trader114,000 CAD+41%
Receivables Accountant80,000 CAD-1%
Regulatory Accountant89,800 CAD+11%
Retirement Plan Analyst127,000 CAD+57%
Revenue Management Specialist136,000 CAD+68%
Revenue Recognition Analyst155,000 CAD+91%
Risk Management Director200,000 CAD+150%
Risk Management Supervisor169,000 CAD+110%
Staff Accountant80,500 CAD-1%
Tax Accountant77,900 CAD-4%
Tax Administrator94,300 CAD+16%
Tax Advisor124,000 CAD+53%
Tax Analyst127,000 CAD+57%
Tax Associate71,800 CAD-11%
Tax Consultant136,000 CAD+68%
Tax Director183,000 CAD+130%
Tax Examiner92,300 CAD+14%
Tax Manager162,000 CAD+100%
Tax Research Manager166,000 CAD+100%
Teller49,700 CAD-39%
Treasury Accountant86,700 CAD+7%
Treasury Analyst135,000 CAD+67%
Underwriter60,000 CAD-26%
Underwriting Assistant52,300 CAD-35%
Vice President of Finance218,000 CAD+170%

Government vs Private Sector Salary Comparison

Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Canada is 4% on average across all career fields.

Private Sector
117,000 CAD
Public Sector+4%
122,000 CAD
Percentage increase and decrease are relative to the previous value

Salary Statistics and Calculation Guide

What is considered to be a good and competitive salary for the job title Accountant in Saskatchewan?

A good and competitive compensation would range anywhere between 77,400 CAD and 89,200 CAD. This is a very rough estimate. Experience and education play a very huge part in the final earnings.

Gross Salary (before tax) and Net Salary (after tax)

All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.

Base / Basic Salary

The base salary for a careers like Accountant in Saskatchewan ranges from 37,200 CAD to 62,400 CAD. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.


What is the difference between the median and the average salary?

Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn 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


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