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Blockchain Developer Average Salary in Canada 2021

How much money does a Blockchain Developer make in Canada?


Average Yearly Salary
102,000 CAD
( 8,520 CAD monthly)

LOW
48,100
CAD
AVERAGE
102,000
CAD
HIGH
162,000
CAD

A person working as a Blockchain Developer in Canada typically earns around 102,000 CAD per year. Salaries range from 48,100 CAD (lowest) to 162,000 CAD (highest).

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

Blockchain Developer Salary Distribution in Canada

Median and salary distribution yearly Canada Blockchain Developer
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The median, the maximum, the minimum, and the range

  • Salary Range

    Blockchain Developer salaries in Canada range from 48,100 CAD per year (minimum salary) to 162,000 CAD per year (maximum salary).

  • Median Salary

    The median salary is 108,000 CAD per year, which means that half (50%) of people working as Blockchain Developer(s) are earning less than 108,000 CAD while the other half are earning more than 108,000 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.

  • Percentiles

    Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Blockchain Developer(s) are earning less than 70,400 CAD while 75% of them are earning more than 70,400 CAD. Also from the diagram, 75% of Blockchain Developer(s) are earning less than 143,000 CAD while 25% are earning more than 143,000 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

Blockchain Developer Salary Comparison by Years of Experience

How does experience and age affect your pay?

Salary comparison by years of experience yearly Canada Blockchain Developer
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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 Blockchain Developer salaries by experience level and this is what we found.

A Blockchain Developer with less than two years of experience makes approximately 55,400 CAD per year.

While someone with an experience level between two and five years is expected to earn 76,400 CAD per year, 38% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 109,000 CAD per year, 42% 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.
* Based on the average change in salary over time. Salary variations differ from person to person.

Additionally, Blockchain Developer(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 133,000 CAD per year, 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 140,000 CAD per year, 6% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 152,000 CAD per year, 9% more than people with fifteen to twenty years of experience.


Blockchain Developer average salary change by experience in Canada

0 - 2 Years
55,400 CAD
2 - 5 Years+38%
76,400 CAD
5 - 10 Years+42%
109,000 CAD
10 - 15 Years+22%
133,000 CAD
15 - 20 Years+6%
140,000 CAD
20+ Years+9%
152,000 CAD
Percentage increase and decrease are relative to the previous value

Typical Salary Progress for Most Careers

Salary Comparison By Experience Level
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Blockchain Developer Salary Comparison By Education

How do education levels affect salaries?

Displayed below is the average salary difference between different Blockchain Developer(s) who have the same experience but different education levels.

Salary comparison by education level yearly Canada Blockchain Developer
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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 Blockchain Developer salaries by education level in order to make a comparison.

When the education level is Certificate or Diploma, the average salary of a Blockchain Developer is 66,200 CAD per year.

While someone with a Bachelor's Degree gets a salary of 105,000 CAD per year, 58% more than someone having a Certificate or Diploma degree.

A Master's Degree gets its holder an average salary of 146,000 CAD per year, 39% more than someone with a Bachelor's Degree.


Blockchain Developer average salary difference by education level in Canada

Certificate or Diploma
66,200 CAD
Bachelor's Degree+58%
105,000 CAD
Master's Degree+39%
146,000 CAD
Percentage increase and decrease are relative to the previous value

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 49,800 Canadian Dollar(s) to 149,000 Canadian Dollar(s) 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 into a higher paying job. The numbers seem to support the thoery. 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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Blockchain Developer Salary Comparison By Gender

Salary comparison by gender yearly Canada Blockchain Developer
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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? Male Blockchain Developer employees in Canada earn 5% more than their female counterparts on average.

Male
105,000 CAD
Female-5%
99,900 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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Blockchain Developer Average Annual Salary Increment Percentage in Canada

How much are annual salary increments in Canada for Blockchain Developer(s)? How often do employees get salary raises?

Blockchain Developer

Blockchain Developer(s) in Canada are likely to observe a salary increase of approximately 12% every 17 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.

Annual Salary Increment Rate Canada Blockchain Developer
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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

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

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Blockchain Developer Bonus and Incentive Rates in Canada

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Canada Blockchain Developer
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A Blockchain Developer is considered to be a moderate 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.

40% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 60% said that they received at least one form of monetary bonus.

Those who got bonuses reported rates ranging from 2% to 7% of their annual salary.

Received Bonus
60%
No Bonus
40%

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.

Blockchain Developer Average Hourly Wage in Canada


49 CAD per hour

The average hourly wage (pay per hour) in Canada is 49 CAD. This means that the average Blockchain Developer in Canada earns approximately 49 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.

Blockchain Developer VS Other Jobs

Salary Comparison Between Blockchain Developer and Information Technology yearly Canada
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The average salary for Blockchain Developer is 3% less than that of Other IT. Also, Other IT salaries are 12% less than those of Information Technology.

Salary comparison with similar jobs

Job TitleAverage Salary
Applications System Specialist102,000 CAD-0%
Artificial Intelligence and Machine Learning Specialist145,000 CAD+42%
Artificial Intelligence Developer137,000 CAD+34%
Blockchain Associate117,000 CAD+14%
Blockchain Developer102,000 CAD-0%
Computer Animator106,000 CAD+4%
Computer Hardware Engineer93,400 CAD-9%
Computer Operator77,400 CAD-24%
Computer Technician92,600 CAD-9%
Copy Editor92,600 CAD-9%
Data Center Technician97,900 CAD-4%
Documentation Specialist101,000 CAD-1%
Ethical Hacker101,000 CAD-1%
GIS Analyst103,000 CAD+1%
Global BI Analyst119,000 CAD+16%
Hardware Design Engineer107,000 CAD+5%
Hardware Technician89,300 CAD-13%
Help Desk Analyst107,000 CAD+5%
Informatics Optimization Specialist124,000 CAD+21%
Information Assurance Analyst123,000 CAD+20%
Information Technology Infrastructure Engineer98,700 CAD-3%
Information Technology Quality Specialist113,000 CAD+11%
Information Technology Trainer119,000 CAD+16%
Interface Designer97,000 CAD-5%
Microsystems Engineer118,000 CAD+15%
Numerical Control Programmer99,400 CAD-3%
Records Manager94,600 CAD-7%
Scrum Master91,100 CAD-11%
Software Sales105,000 CAD+3%
Software Specialist101,000 CAD-1%
Storage Engineer94,700 CAD-7%
Systems Engineer97,700 CAD-4%
Systems Integrator111,000 CAD+9%
Technical Sales117,000 CAD+14%
Technical Trainer116,000 CAD+13%
Technical Writer105,000 CAD+3%
Tester93,000 CAD-9%
Usability Engineer110,000 CAD+8%
User Experience Consultant123,000 CAD+20%
User Experience Design Expert125,000 CAD+22%
User Experience Researcher118,000 CAD+15%
User Interface Designer112,000 CAD+10%
Video Game Designer96,300 CAD-6%
Visual Information Specialist104,000 CAD+2%
Writer and Documentor105,000 CAD+3%

Salary Comparison By City

CityAverage Salary
Brampton111,000 CAD
Calgary117,000 CAD
Edmonton110,000 CAD
Gatineau103,000 CAD
Halifax99,200 CAD
Hamilton107,000 CAD
Kitchener101,000 CAD
Markham106,000 CAD
Mississauga105,000 CAD
Montreal116,000 CAD
Ottawa112,000 CAD
Quebec114,000 CAD
Regina96,400 CAD
Richmond97,300 CAD
Saskatoon93,100 CAD
Surrey108,000 CAD
Toronto112,000 CAD
Vancouver113,000 CAD
Vaughan98,700 CAD
Windsor102,000 CAD
Winnipeg111,000 CAD

Salary Comparison By State

StateAverage Salary
Alberta113,000 CAD
British Columbia121,000 CAD
Manitoba110,000 CAD
New Brunswick96,100 CAD
Newfoundland-Labrador98,500 CAD
Northwest Territories103,000 CAD
Nova Scotia102,000 CAD
Nunavut117,000 CAD
Ontario120,000 CAD
Prince Edward Island96,500 CAD
Quebec116,000 CAD
Saskatchewan106,000 CAD
Yukon92,500 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

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