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Geothermal Engineer Average Salary in Montreal 2024

How much money does a person working as Geothermal Engineer make in Montreal?


Average Yearly Salary
141,000 CAD
( 11,700 CAD monthly)

LOW
71,800
CAD
AVERAGE
141,000
CAD
HIGH
217,000
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 Geothermal Engineer in Montreal typically earns around 141,000 CAD. Salaries range from 71,800 CAD (lowest) to 217,000 CAD (highest).


Salary Variance

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



Geothermal Engineer Pay Scale and Salaries in Montreal

Median and salary distribution Montreal Geothermal Engineer yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
129,000 CAD or more
10% of people earn
114,000 to 129,000 CAD
20% of people earn
82,600 CAD or less
65% of people earn
82,600 to 114,000 CAD
Minimum Salary
71,800 CAD
Median
129,000 CAD
Maximum
217,000 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 Geothermal Engineer in Montreal range from 71,800 CAD (starting salary) to 217,000 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 129,000 CAD, half of the professionals who work as Geothermal Engineer 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 Geothermal Engineer in Montreal earn less than 107,000 CAD, while 75% earn more. Similarly, the chart shows that 75% earn less than 147,000 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 Geothermal Engineer in Montreal compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 82,600 CAD to 114,000 CAD. About 20% of salaries are below the 82,600 CAD mark, while 10% fall within the range of 114,000 CAD to 129,000 CAD. Only 5% of individuals have salaries exceeding 129,000 CAD.

Salary Comparison by Years of Experience / Geothermal Engineer / Montreal

How do experience and age affect pay?

0 - 2 Years
80,500 CAD
2 - 5 Years+31%
105,000 CAD
5 - 10 Years+40%
147,000 CAD
10 - 15 Years+20%
177,000 CAD
15 - 20 Years+9%
192,000 CAD
20+ Years+8%
207,000 CAD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly Montreal Geothermal Engineer
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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 Geothermal Engineer 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 80,500 CAD.

While someone with an experience level between two and five years is expected to earn 105,000 CAD, 31% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 147,000 CAD, 40% 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 177,000 CAD, 20% 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 192,000 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 207,000 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 / Geothermal Engineer / Montreal

How do education levels affect salaries?

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

High School
74,700 CAD
Certificate or Diploma+19%
89,200 CAD
Bachelor's Degree+34%
120,000 CAD
Master's Degree+56%
186,000 CAD
PhD+13%
211,000 CAD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly Montreal Geothermal Engineer
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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 Geothermal Engineer in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 74,700 CAD.


Level 2: Certificate or Diploma

At this level, the average salary becomes 89,200 CAD, 19% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 120,000 CAD, 34% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 186,000 CAD, 56% more than the previous level.


Level 5: PhD

At this level, the average salary becomes 211,000 CAD, 13% 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 / Geothermal Engineer / Montreal

Salary comparison by gender Canada Geothermal Engineer 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 Geothermal Engineer in Canada, the average difference between the salary of male and female employees is 5%.

Male
132,000 CAD
Female-5%
125,000 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 / Geothermal Engineer / Montreal

How much are annual salary increments in Montreal for individuals working as Geothermal Engineer? How often do employees get salary raises?

Individuals working as Geothermal Engineer 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 Geothermal Engineer
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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 / Geothermal Engineer / Canada

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Canada Geothermal Engineer
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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 / Geothermal Engineer / Montreal


68 CAD per hour

The average hourly wage (pay per hour) for individuals working as Geothermal Engineer in Montreal is 68 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 Geothermal Engineer in Montreal is 35 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
Oil / Gas / Energy / Mining-100%
Assistant Yard Manager117,000 CAD-17%
Associate Analyst131,000 CAD-7%
Associate Landman54,900 CAD-61%
Auxiliary Equipment Operator51,000 CAD-64%
Biomass Plant Technician59,400 CAD-58%
Biomass Power Plant Manager165,000 CAD+17%
Carbon Capture and Storage Specialist133,000 CAD-6%
Chemical Plant Operator101,000 CAD-28%
Chief Contract Compliance Engineer124,000 CAD-12%
Chief Renewable Energy Officer207,000 CAD+47%
Chief Sustainability Officer208,000 CAD+48%
Completions Engineer116,000 CAD-18%
Cost Controller88,200 CAD-37%
Cost Engineer115,000 CAD-18%
Crude Oil Marketing Representative130,000 CAD-8%
Deep-sea Mining Engineer140,000 CAD-1%
Dispatcher49,000 CAD-65%
Distribution Manager162,000 CAD+15%
Dragline Operator56,300 CAD-60%
Driller Offsider43,200 CAD-69%
Dump Truck Driver48,500 CAD-66%
Electric and Gas Operations Manager275,000 CAD+95%
Energy Advisor188,000 CAD+34%
Energy Analyst169,000 CAD+20%
Energy Auditor144,000 CAD+2%
Energy Dispatch Director201,000 CAD+43%
Energy Efficiency Auditor121,000 CAD-14%
Energy Efficiency Consultant152,000 CAD+8%
Energy Modeler118,000 CAD-16%
Energy Policy Analyst118,000 CAD-16%
Energy Storage Engineer131,000 CAD-7%
Energy Technical Assistant71,600 CAD-49%
Energy Technical Manager149,000 CAD+6%
Energy Technical Support Manager147,000 CAD+4%
Energy Technical Trainer101,000 CAD-28%
Engineering Geologist209,000 CAD+48%
Exploration Manager218,000 CAD+55%
Field Safety Auditor138,000 CAD-2%
Fluids Engineer113,000 CAD-20%
Fuel Cell Engineer121,000 CAD-14%
Fuel Cell Technician62,000 CAD-56%
Fuels Handler56,500 CAD-60%
Gas Compressor Operator55,100 CAD-61%
Gas Distribution Plant Operator99,100 CAD-30%
Gas Supply Manager179,000 CAD+27%
Geologist205,000 CAD+46%
Geophysicist213,000 CAD+51%
Geothermal Engineer141,000 CAD+0%
Geothermal Production Manager196,000 CAD+39%
Geothermal Technician86,100 CAD-39%
HSE Engineer123,000 CAD-13%
HSE Officer72,800 CAD-48%
HSE Supervisor88,300 CAD-37%
HSEQ Administrator87,900 CAD-38%
Hydrogen Fuel Cell Engineer140,000 CAD-1%
Inspector106,000 CAD-25%
Instructor95,200 CAD-32%
Instrument Designer90,400 CAD-36%
Lead Technical Field Advisor155,000 CAD+10%
Lithium Ion Battery Engineer112,000 CAD-20%
Logistics and Tool Coordinator107,000 CAD-24%
Maintenance Engineer125,000 CAD-11%
Maintenance Superintendent105,000 CAD-25%
Material Controller82,900 CAD-41%
Methane Detection and Mitigation Specialist109,000 CAD-23%
Mine Engineer118,000 CAD-16%
Mine Surveyor131,000 CAD-7%
Mining Project Administrator102,000 CAD-28%
Mining Project Assistant81,800 CAD-42%
Mining Project Controls Consultant139,000 CAD-1%
Mining Project Coordinator102,000 CAD-28%
Mining Project Engineer121,000 CAD-14%
Mining Project Manager146,000 CAD+4%
Mining Site Manager156,000 CAD+11%
Mining Team Leader129,000 CAD-8%
Natural Gas Engineer133,000 CAD-6%
NDT Technician74,300 CAD-47%
Net Zero Energy Consultant166,000 CAD+18%
Oil Service Unit Operator61,500 CAD-56%
Oil Trader158,000 CAD+12%
Oilwell Pumper44,700 CAD-68%
Petroleum Engineer 130,000 CAD-8%
Petroleum Geologist207,000 CAD+47%
Petroleum Pump System Operator68,700 CAD-51%
Petroleum Technician73,800 CAD-48%
Photovoltaic Engineer137,000 CAD-3%
Pipeline Technician47,500 CAD-66%
Power Coordinator70,800 CAD-50%
Power Plant Operations Manager235,000 CAD+67%
Power Plant Operator96,100 CAD-32%
Radio Operator53,000 CAD-62%
Reliability Engineer115,000 CAD-18%
Renewable Energy Consultant173,000 CAD+23%
Renewable Energy Engineer140,000 CAD-1%
Renewable Energy Policy Analyst140,000 CAD-1%
Reservoir Engineer112,000 CAD-20%
Risk Analyst150,000 CAD+7%
Roughneck123,000 CAD-13%
Scaffolder80,800 CAD-43%
Shutdown Engineer103,000 CAD-27%
Smart Grid Analyst125,000 CAD-11%
Smart Grid Engineer136,000 CAD-3%
Solar Energy Installation Manager184,000 CAD+31%
Solar Energy Systems Engineer125,000 CAD-11%
Solar Photovoltaic Installer76,900 CAD-45%
Solar Thermal Technician70,800 CAD-50%
Supply Operations Manager188,000 CAD+34%
Sustainability Analyst153,000 CAD+9%
Sustainability Architect161,000 CAD+14%
Sustainability Specialist198,000 CAD+41%
Sustainable Energy Consultant165,000 CAD+17%
System Development Advisor143,000 CAD+2%
Tanker Truck Driver46,200 CAD-67%
Unconventional Oil and Gas Engineer124,000 CAD-12%
Utility Operator65,400 CAD-54%
Waste-to-Energy Specialist166,000 CAD+18%
Wind Energy Project Manager165,000 CAD+17%
Wind Farm Technician84,400 CAD-40%
Wind Turbine Technician95,200 CAD-32%

Salary Comparison By City

CityAverage Salary
Montreal141,000 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
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 Geothermal Engineer in Montreal?

A good and competitive compensation would range anywhere between 129,000 CAD and 147,000 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 Geothermal Engineer in Montreal ranges from 71,800 CAD to 107,000 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


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