Chief Executive Officer Average Salary in Montreal 2024
How much money does a person working as Chief Executive Officer make in Montreal?
LOW
150,000
CAD AVERAGE
288,000
CAD HIGH
441,000
CAD
A person working as Chief Executive Officer in Montreal typically earns around 288,000 CAD. Salaries range from 150,000 CAD (lowest) to 441,000 CAD (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Chief Executive Officer salaries in Montreal vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Chief Executive Officer Pay Scale and Salaries in Montreal
Salary Structure and Pay Scale Comparison
261,000 CAD or more
233,000 to 261,000 CAD
170,000 CAD or less
170,000 to 233,000 CAD
 150,000 CAD |
262,000 CAD |
441,000 CAD |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Chief Executive Officer in Montreal range from 150,000 CAD (starting salary) to 441,000 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 262,000 CAD, half of the professionals who work as Chief Executive Officer in Montreal 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 Chief Executive Officer in Montreal earn less than 218,000 CAD, while 75% earn more. Similarly, the chart shows that 75% earn less than 298,000 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 Chief Executive Officer in Montreal compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 170,000 CAD to 233,000 CAD. About 20% of salaries are below the 170,000 CAD mark, while 10% fall within the range of 233,000 CAD to 261,000 CAD. Only 5% of individuals have salaries exceeding 261,000 CAD.
Salary Comparison by Years of Experience / Chief Executive Officer / Montreal
How do experience and age affect pay?
| 0 - 2 Years | 170,000 CAD | |
| 2 - 5 Years | +34% | 229,000 CAD |
| 5 - 10 Years | +30% | 297,000 CAD |
| 10 - 15 Years | +21% | 360,000 CAD |
| 15 - 20 Years | +9% | 393,000 CAD |
| 20+ Years | +5% | 414,000 CAD |
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 Chief Executive Officer and this is what we found.
Employees with less than two years of experience earn approximately 170,000 CAD.
While someone with an experience level between two and five years is expected to earn 229,000 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 297,000 CAD, 30% 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 360,000 CAD, 21% 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 393,000 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 414,000 CAD, 5% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Chief Executive Officer / Montreal
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Chief Executive Officer.
| High School | 162,000 CAD | |
| Certificate or Diploma | +18% | 191,000 CAD |
| Bachelor's Degree | +35% | 258,000 CAD |
| Master's Degree | +44% | 371,000 CAD |
| PhD | +18% | 438,000 CAD |
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 Chief Executive Officer in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 162,000 CAD.
Level 2: Certificate or Diploma
At this level, the average salary becomes 191,000 CAD, 18% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 258,000 CAD, 35% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 371,000 CAD, 44% more than the previous level.
Level 5: PhD
At this level, the average salary becomes 438,000 CAD, 18% 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 and Compensation Comparison By Gender / Chief Executive Officer / Montreal
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 Chief Executive Officer in Canada, the average difference between the salary of male and female employees is 5%.
| Male | 274,000 CAD | |
| Female | -4% | 261,000 CAD |
Salary Comparison By Gender in Canada for all Careers
Average Annual Salary Increment Percentage / Chief Executive Officer / Montreal
How much are annual salary increments in Montreal for individuals working as Chief Executive Officer? How often do employees get salary raises?
Individuals working as Chief Executive Officer 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.
Canada / All Professions
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
Worldwide Salary Raises: All Countries and All Jobs
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 / Chief Executive Officer / Canada
How much and how often are bonuses being awarded?
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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 BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, 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 BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese 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.
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 / Chief Executive Officer / Montreal
140 CAD per hourThe average hourly wage (pay per hour) for individuals working as Chief Executive Officer in Montreal is 140 CAD.This is the rate they get paid for every worked hour.
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 Chief Executive Officer in Montreal is 72 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 Title | Average Salary |
| Executive and Management |  -100% | |
| Account Coordinator | 120,000 CAD | -58% |
| Account Director | 150,000 CAD | -48% |
| Account Executive | 156,000 CAD | -46% |
| Account Manager | 147,000 CAD | -49% |
| Administration Manager | 141,000 CAD | -51% |
| Administration Officer | 80,800 CAD | -72% |
| Administration Supervisor | 123,000 CAD | -57% |
| Administrative Clerk | 61,200 CAD | -79% |
| Administrative Officer | 57,100 CAD | -80% |
| Area Director | 141,000 CAD | -51% |
| Area Manager | 137,000 CAD | -52% |
| Asset Protection Associate | 160,000 CAD | -45% |
| Assistant Director | 150,000 CAD | -48% |
| Assistant General Manager | 160,000 CAD | -45% |
| Assistant Manager | 155,000 CAD | -46% |
| Assistant Managing Director | 182,000 CAD | -37% |
| Assistant Operations Manager | 167,000 CAD | -42% |
| Assistant Project Manager | 152,000 CAD | -47% |
| Assistant Section Head | 131,000 CAD | -55% |
| Assistant to CEO | 148,000 CAD | -49% |
| Assistant Vice President | 160,000 CAD | -45% |
| Associate Account Director | 148,000 CAD | -49% |
| Associate Director | 157,000 CAD | -46% |
| Bid Manager | 170,000 CAD | -41% |
| Branch Manager | 170,000 CAD | -41% |
| Business Development Manager | 186,000 CAD | -36% |
| Business Operations Associate | 154,000 CAD | -47% |
| Business Operations Lead | 154,000 CAD | -47% |
| Campaign Manager | 163,000 CAD | -43% |
| Catering Coordinator | 89,500 CAD | -69% |
| Catering Manager | 147,000 CAD | -49% |
| CEO | 294,000 CAD |  +2% |
| Chairman of The Board | 275,000 CAD | -5% |
| Chairman Office Manager | 194,000 CAD | -33% |
| Chief Commercial Officer | 217,000 CAD | -25% |
| Chief Corporate Officer | 228,000 CAD | -21% |
| Chief Digital Officer | 206,000 CAD | -29% |
| Chief Digital Strategy Officer | 204,000 CAD | -29% |
| Chief Digital Transformation Officer | 204,000 CAD | -29% |
| Chief Ethics Officer | 175,000 CAD | -39% |
| Chief Executive Officer | 288,000 CAD | -0% |
| Chief Financial Officer | 263,000 CAD | -9% |
| Chief Investment Officer | 211,000 CAD | -27% |
| Chief of Staff | 135,000 CAD | -53% |
| Chief Operating Officer | 210,000 CAD | -27% |
| Chief Privacy Officer | 179,000 CAD | -38% |
| Chief Resilience Officer | 222,000 CAD | -23% |
| Chief Risk Officer | 192,000 CAD | -33% |
| Chief Strategy Officer | 251,000 CAD | -13% |
| Chief Trust and Safety Officer | 181,000 CAD | -37% |
| Client Account Manager | 171,000 CAD | -41% |
| Client Accounts Officer | 155,000 CAD | -46% |
| Client Services Manager | 182,000 CAD | -37% |
| Commercial Director | 195,000 CAD | -32% |
| Commercial Manager | 172,000 CAD | -40% |
| Commercial Project Manager | 155,000 CAD | -46% |
| Commodity Broker | 126,000 CAD | -56% |
| COO | 214,000 CAD | -26% |
| Corporate Affairs Executive | 171,000 CAD | -41% |
| Corporate Compliance Director | 195,000 CAD | -32% |
| Corporate Director | 199,000 CAD | -31% |
| Corporate Officer | 136,000 CAD | -53% |
| Corporate Partnerships Officer | 135,000 CAD | -53% |
| Country Manager | 220,000 CAD | -24% |
| Department Head | 174,000 CAD | -40% |
| Department Manager | 187,000 CAD | -35% |
| Department Supervisor | 157,000 CAD | -46% |
| Deputy Director | 199,000 CAD | -31% |
| Deputy Manager | 209,000 CAD | -28% |
| Director | 229,000 CAD | -21% |
| Director of Accreditation | 200,000 CAD | -31% |
| Director of Catering Services | 175,000 CAD | -39% |
| Director of Client Services | 186,000 CAD | -36% |
| Director of Facilities Management | 155,000 CAD | -46% |
| Director of Operations | 200,000 CAD | -31% |
| Director of Process Simplification | 157,000 CAD | -46% |
| Director of Product Management | 189,000 CAD | -34% |
| Director of Project Management | 198,000 CAD | -31% |
| Director of Revenue Management | 185,000 CAD | -36% |
| Director of Training and Development | 190,000 CAD | -34% |
| Distribution Manager | 197,000 CAD | -32% |
| Division Manager | 177,000 CAD | -39% |
| Duty Manager | 170,000 CAD | -41% |
| Engagement Manager | 210,000 CAD | -27% |
| Executive Director | 275,000 CAD | -5% |
| Executive Manager | 248,000 CAD | -14% |
| Franchise Manager | 244,000 CAD | -15% |
| General Manager | 233,000 CAD | -19% |
| Generational Consultant | 157,000 CAD | -46% |
| Global Master Data Manager | 206,000 CAD | -29% |
| Global Technical Lead | 138,000 CAD | -52% |
| Head of Investment | 202,000 CAD | -30% |
| Head of Middle Office | 176,000 CAD | -39% |
| Head of Projects | 190,000 CAD | -34% |
| Head of Strategy | 223,000 CAD | -23% |
| Head of Supply Chain | 176,000 CAD | -39% |
| Head of Sustainability | 157,000 CAD | -46% |
| Housing Manager | 152,000 CAD | -47% |
| HSE Manager | 167,000 CAD | -42% |
| Innovation Manager | 172,000 CAD | -40% |
| Key Account Manager | 162,000 CAD | -44% |
| Knowledge Manager | 188,000 CAD | -35% |
| Location Manager | 187,000 CAD | -35% |
| Logistics Executive | 152,000 CAD | -47% |
| Logistics Manager | 149,000 CAD | -48% |
| Management Consultant | 154,000 CAD | -47% |
| Management Executive | 215,000 CAD | -25% |
| Manager | 192,000 CAD | -33% |
| Managing Director | 226,000 CAD | -22% |
| MIS Executive | 204,000 CAD | -29% |
| Ocean Services Manager | 211,000 CAD | -27% |
| Online Business Manager | 264,000 CAD | -8% |
| Operational Manager | 196,000 CAD | -32% |
| Operations Analyst | 170,000 CAD | -41% |
| Operations Assistant | 147,000 CAD | -49% |
| Operations Director | 221,000 CAD | -23% |
| Operations Executive | 213,000 CAD | -26% |
| Operations Manager | 208,000 CAD | -28% |
| Operations Supervisor | 183,000 CAD | -37% |
| Planning Director | 214,000 CAD | -26% |
| PMO Manager | 176,000 CAD | -39% |
| Policy Administration Executive | 167,000 CAD | -42% |
| Private Sector Executive | 168,000 CAD | -42% |
| Product Development Manager | 196,000 CAD | -32% |
| Product Executive | 175,000 CAD | -39% |
| Production Executive | 198,000 CAD | -31% |
| Production Manager | 206,000 CAD | -29% |
| Production Supervisor | 160,000 CAD | -45% |
| Program Director | 194,000 CAD | -33% |
| Program Manager | 200,000 CAD | -31% |
| Programme Coordinator | 136,000 CAD | -53% |
| Project Control Manager | 204,000 CAD | -29% |
| Project Coordinator | 123,000 CAD | -57% |
| Project Management Officer | 138,000 CAD | -52% |
| Project Manager | 143,000 CAD | -50% |
| Project Portfolio Manager | 151,000 CAD | -48% |
| Quality Manager | 165,000 CAD | -43% |
| R/D Director | 168,000 CAD | -42% |
| Regional Director | 272,000 CAD | -6% |
| Regional Manager | 201,000 CAD | -30% |
| Relationship Manager | 191,000 CAD | -34% |
| Retail District Manager | 136,000 CAD | -53% |
| Revenue Manager | 162,000 CAD | -44% |
| Risk and Capital Manager | 220,000 CAD | -24% |
| Risk Officer | 143,000 CAD | -50% |
| Safety Manager | 144,000 CAD | -50% |
| Section Head | 156,000 CAD | -46% |
| Service Manager | 152,000 CAD | -47% |
| Shift Supervisor | 120,000 CAD | -58% |
| Solutions Manager | 139,000 CAD | -52% |
| Supervisor | 115,000 CAD | -60% |
| Supply Chain Manager | 210,000 CAD | -27% |
| Surveyor | 136,000 CAD | -53% |
| Technical Director | 194,000 CAD | -33% |
| Technical Manager | 196,000 CAD | -32% |
| Territory Manager | 195,000 CAD | -32% |
| Validation Manager | 162,000 CAD | -44% |
| Vice President | 242,000 CAD | -16% |
| Zone Manager | 202,000 CAD | -30% |
Salary Comparison By City
| City | Average Salary |
| Montreal | 288,000 CAD |
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 |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Chief Executive Officer in Montreal?
A good and competitive compensation would range anywhere between 262,000 CAD and 298,000 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 Chief Executive Officer in Montreal ranges from 150,000 CAD to 218,000 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
