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Physician - Pediatric Cardiology Average Salary in Montreal 2024

How much money does a person working as Physician - Pediatric Cardiology make in Montreal?


Average Yearly Salary
370,000 CAD
( 30,900 CAD monthly)

LOW
178,000
CAD
AVERAGE
370,000
CAD
HIGH
582,000
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 Physician - Pediatric Cardiology in Montreal typically earns around 370,000 CAD. Salaries range from 178,000 CAD (lowest) to 582,000 CAD (highest).


Salary Variance

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



Physician - Pediatric Cardiology Pay Scale and Salaries in Montreal

Median and salary distribution Montreal Physician - Pediatric Cardiology yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
346,000 CAD or more
10% of people earn
305,000 to 346,000 CAD
20% of people earn
214,000 CAD or less
65% of people earn
214,000 to 305,000 CAD
Minimum Salary
178,000 CAD
Median
348,000 CAD
Maximum
582,000 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 Physician - Pediatric Cardiology in Montreal range from 178,000 CAD (starting salary) to 582,000 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 348,000 CAD, half of the professionals who work as Physician - Pediatric Cardiology 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 Physician - Pediatric Cardiology in Montreal earn less than 284,000 CAD, while 75% earn more. Similarly, the chart shows that 75% earn less than 399,000 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 Physician - Pediatric Cardiology in Montreal compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 214,000 CAD to 305,000 CAD. About 20% of salaries are below the 214,000 CAD mark, while 10% fall within the range of 305,000 CAD to 346,000 CAD. Only 5% of individuals have salaries exceeding 346,000 CAD.

Salary Comparison by Years of Experience / Physician - Pediatric Cardiology / Montreal

How do experience and age affect pay?

0 - 2 Years
208,000 CAD
2 - 5 Years+42%
295,000 CAD
5 - 10 Years+31%
388,000 CAD
10 - 15 Years+23%
477,000 CAD
15 - 20 Years+6%
507,000 CAD
20+ Years+10%
555,000 CAD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly Montreal Physician - Pediatric Cardiology
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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 Physician - Pediatric Cardiology 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 208,000 CAD.

While someone with an experience level between two and five years is expected to earn 295,000 CAD, 42% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 388,000 CAD, 31% 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 477,000 CAD, 23% 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 507,000 CAD, 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 555,000 CAD, 10% 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 and Compensation Comparison By Gender / Physician - Pediatric Cardiology / Montreal

Salary comparison by gender Canada Physician - Pediatric Cardiology 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 Physician - Pediatric Cardiology in Canada, the average difference between the salary of male and female employees is 5%.

Male
339,000 CAD
Female-5%
323,000 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 / Physician - Pediatric Cardiology / Montreal

How much are annual salary increments in Montreal for individuals working as Physician - Pediatric Cardiology? How often do employees get salary raises?

Individuals working as Physician - Pediatric Cardiology 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 Physician - Pediatric Cardiology
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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 / Physician - Pediatric Cardiology / Canada

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Canada Physician - Pediatric Cardiology
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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 / Physician - Pediatric Cardiology / Montreal


180 CAD per hour

The average hourly wage (pay per hour) for individuals working as Physician - Pediatric Cardiology in Montreal is 180 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 Physician - Pediatric Cardiology in Montreal is 85 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
Health and Medical-100%
Advanced Nutrition Aide186,000 CAD-50%
Advanced Practice Provider171,000 CAD-54%
Allergist243,000 CAD-34%
Assistant Pathologist180,000 CAD-51%
Behavioral Health Specialist147,000 CAD-60%
Cardiac Sonographer156,000 CAD-58%
Cardiovascular Invasive Specialist526,000 CAD+42%
Cardiovascular Perfusionist327,000 CAD-12%
Chiropractor160,000 CAD-57%
Clinical Psychologist425,000 CAD+15%
Correctional Treatment Specialist235,000 CAD-37%
Counseling Psychologist301,000 CAD-19%
Dermatologist396,000 CAD+7%
Diabetologist270,000 CAD-27%
Dietitian258,000 CAD-30%
Doctor317,000 CAD-14%
Emergency and Critical Care Consultant342,000 CAD-8%
Emergency Department Physician294,000 CAD-21%
Exercise Physiologist301,000 CAD-19%
Forensic Pathologist340,000 CAD-8%
General Medical Practitioner250,000 CAD-33%
Genetic Counselor217,000 CAD-41%
Healthcare Practitioner254,000 CAD-31%
Internist401,000 CAD+8%
Interventionist373,000 CAD+1%
Invasive Cardiologist534,000 CAD+44%
Lifestyle Medicine Expert210,000 CAD-43%
Medical Massage Therapist149,000 CAD-60%
Mental Health Therapst233,000 CAD-37%
Naturopathic Physician392,000 CAD+6%
Neurologist381,000 CAD+3%
Neurophysiology Technologist118,000 CAD-68%
Neuroscientist369,000 CAD-0%
Nuclear Medicine Physician350,000 CAD-6%
Obstetrician / Gynecologist370,000 CAD-0%
Occupational Health Safety Specialist177,000 CAD-52%
Ophthalmologist284,000 CAD-23%
Optometrist286,000 CAD-23%
Pediatrician323,000 CAD-13%
Physical Therapist221,000 CAD-40%
Physical Therapy Director248,000 CAD-33%
Physician - Anesthesiology449,000 CAD+21%
Physician - Cardiology466,000 CAD+26%
Physician - CCU284,000 CAD-23%
Physician - Dermatology388,000 CAD+5%
Physician - Emergency Room283,000 CAD-24%
Physician - Endocrinology387,000 CAD+4%
Physician - Family Practice262,000 CAD-29%
Physician - Gastroenterology344,000 CAD-7%
Physician - Generalist296,000 CAD-20%
Physician - Geriatrics248,000 CAD-33%
Physician - Hematology / Oncology336,000 CAD-9%
Physician - Immunology / Allergy400,000 CAD+8%
Physician - Infectious Disease332,000 CAD-10%
Physician - Internal Medicine392,000 CAD+6%
Physician - Maternal / Fetal Medicine337,000 CAD-9%
Physician - Nephrology401,000 CAD+8%
Physician - Neurology389,000 CAD+5%
Physician - Nuclear Medicine354,000 CAD-4%
Physician - Obstetrics / Gynecology363,000 CAD-2%
Physician - Occupational Medicine272,000 CAD-27%
Physician - Ophthalmology249,000 CAD-33%
Physician - Otolaryngology250,000 CAD-33%
Physician - Pain Medicine227,000 CAD-39%
Physician - Pathology279,000 CAD-25%
Physician - Pediatric Cardiology370,000 CAD-0%
Physician - Pediatric Neonatology343,000 CAD-7%
Physician - Pediatrics301,000 CAD-19%
Physician - Physiatry352,000 CAD-5%
Physician - Podiatry314,000 CAD-15%
Physician - Pulmonary Medicine240,000 CAD-35%
Physician - Radiation Therapy382,000 CAD+3%
Physician - Radiology410,000 CAD+11%
Physician - Rheumatology351,000 CAD-5%
Physician - Sports Medicine337,000 CAD-9%
Physician - Urology469,000 CAD+27%
Physician Assistant213,000 CAD-43%
Physiotherapist230,000 CAD-38%
Podiatrist243,000 CAD-34%
Preventive Medicine Physician320,000 CAD-14%
Psychiatrist326,000 CAD-12%
Psychololgist354,000 CAD-4%
Psychometrician294,000 CAD-21%
Public Health Physician256,000 CAD-31%
Pulmonologist311,000 CAD-16%
Radiologist367,000 CAD-1%
Registered Dietitian263,000 CAD-29%
Registered Respiratory Therapist210,000 CAD-43%
Skin Care Specialist186,000 CAD-50%
Telemedicine Physician228,000 CAD-38%
Urologist442,000 CAD+19%
Virtual / Augmented Reality Therapist135,000 CAD-64%
Vision Rehabilitation Therapist221,000 CAD-40%

Salary Comparison By City

CityAverage Salary
Montreal370,000 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 Physician - Pediatric Cardiology in Montreal?

A good and competitive compensation would range anywhere between 348,000 CAD and 399,000 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 Physician - Pediatric Cardiology in Montreal ranges from 178,000 CAD to 284,000 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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