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Equipment Engineer Average Salary in Newfoundland-Labrador 2024

How much money does a person working as Equipment Engineer make in Newfoundland-Labrador?


Average Yearly Salary
93,600 CAD
( 7,800 CAD monthly)

LOW
47,700
CAD
AVERAGE
93,600
CAD
HIGH
144,000
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 Equipment Engineer in Newfoundland-Labrador typically earns around 93,600 CAD. Salaries range from 47,700 CAD (lowest) to 144,000 CAD (highest).


Salary Variance

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



Equipment Engineer Pay Scale and Salaries in Newfoundland-Labrador

Median and salary distribution Newfoundland-Labrador Equipment Engineer yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
85,500 CAD or more
10% of people earn
75,900 to 85,500 CAD
20% of people earn
54,900 CAD or less
65% of people earn
54,900 to 75,900 CAD
Minimum Salary
47,700 CAD
Median
85,900 CAD
Maximum
144,000 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 Equipment Engineer in Newfoundland-Labrador range from 47,700 CAD (starting salary) to 144,000 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 85,900 CAD, half of the professionals who work as Equipment Engineer in Newfoundland-Labrador 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 Equipment Engineer in Newfoundland-Labrador earn less than 70,900 CAD, while 75% earn more. Similarly, the chart shows that 75% earn less than 97,700 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 Equipment Engineer in Newfoundland-Labrador compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 54,900 CAD to 75,900 CAD. About 20% of salaries are below the 54,900 CAD mark, while 10% fall within the range of 75,900 CAD to 85,500 CAD. Only 5% of individuals have salaries exceeding 85,500 CAD.

Salary Comparison by Years of Experience / Equipment Engineer / Newfoundland-Labrador

How do experience and age affect pay?

0 - 2 Years
53,500 CAD
2 - 5 Years+31%
69,900 CAD
5 - 10 Years+40%
97,900 CAD
10 - 15 Years+20%
118,000 CAD
15 - 20 Years+9%
128,000 CAD
20+ Years+8%
138,000 CAD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly Newfoundland-Labrador Equipment 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 Equipment 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 53,500 CAD.

While someone with an experience level between two and five years is expected to earn 69,900 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 97,900 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 118,000 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 128,000 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 138,000 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 / Equipment Engineer / Newfoundland-Labrador

How do education levels affect salaries?

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

Bachelor's Degree
66,100 CAD
Master's Degree+77%
117,000 CAD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly Newfoundland-Labrador Equipment 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 Equipment Engineer in order to make a comparison.


Level 1: Bachelor's Degree

Employees at this education level have an average salary of 66,100 CAD.


Level 2: Master's Degree

At this level, the average salary becomes 117,000 CAD, 77% 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 / Equipment Engineer / Newfoundland-Labrador

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

Male
104,000 CAD
Female-5%
99,000 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 / Equipment Engineer / Newfoundland-Labrador

How much are annual salary increments in Newfoundland-Labrador for individuals working as Equipment Engineer? How often do employees get salary raises?

Individuals working as Equipment 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 Equipment 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 / Equipment Engineer / Canada

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Canada Equipment 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 / Equipment Engineer / Newfoundland-Labrador


45 CAD per hour

The average hourly wage (pay per hour) for individuals working as Equipment Engineer in Newfoundland-Labrador is 45 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 Equipment Engineer in Newfoundland-Labrador is 23 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
Engineering-100%
3D Printing Engineer84,300 CAD-10%
Acoustics Engineer90,900 CAD-3%
Assembly Engineering Technician72,100 CAD-23%
Assistant Chief Engineer107,000 CAD+14%
Associate Engineer89,400 CAD-5%
AutoCAD Drafter58,200 CAD-38%
Autocad Operator58,600 CAD-37%
Automation Engineer107,000 CAD+14%
Avionic System Support Engineer93,100 CAD-1%
Biochemical Engineer94,600 CAD+1%
BMS Engineer94,800 CAD+1%
Bridge and Lock Tender51,000 CAD-46%
Broadcast Engineer99,500 CAD+6%
CAD Design Engineer105,000 CAD+12%
CAD Designer58,800 CAD-37%
CAE Engineer99,400 CAD+6%
Ceramics Engineer89,000 CAD-5%
Chemical Engineer96,500 CAD+3%
Civil Drafter58,800 CAD-37%
Civil Engineer102,000 CAD+9%
Civil Site Engineer105,000 CAD+12%
Civil Technician57,000 CAD-39%
Cognitive Engineer91,200 CAD-3%
Commissioning Engineer96,800 CAD+3%
Communications Engineer101,000 CAD+8%
Condition Monitoring Engineer82,400 CAD-12%
Contract Associate Engineer96,300 CAD+3%
Contract Engineer88,800 CAD-5%
Control Systems Engineer101,000 CAD+8%
Controls Engineer95,700 CAD+2%
Controls Software Engineer83,300 CAD-11%
Corrosion Engineer85,600 CAD-9%
Design Engineer104,000 CAD+11%
Director of Engineering207,000 CAD+120%
Drafter60,000 CAD-36%
Drafting Manager113,000 CAD+21%
Drilling Engineer90,600 CAD-3%
Drilling Foreman28,500 CAD-70%
Electrical Draughtsman47,700 CAD-49%
Electrical Engineer105,000 CAD+12%
Electrical Engineering Manager139,000 CAD+48%
Electromechanical Engineering Technologist109,000 CAD+16%
Electromechanical Equipment Assembler49,200 CAD-47%
Energy Engineer103,000 CAD+10%
Engine Assembler44,100 CAD-53%
Engineer104,000 CAD+11%
Engineering Account Manager110,000 CAD+17%
Engineering Chief Designer107,000 CAD+14%
Engineering Consultant138,000 CAD+47%
Engineering Key Account Manager140,000 CAD+50%
Engineering Lab Technician91,600 CAD-2%
Engineering Manager141,000 CAD+51%
Engineering Planning Manager134,000 CAD+43%
Engineering Production Manager167,000 CAD+78%
Engineering Project Analyst119,000 CAD+27%
Engineering Project Coordinator 116,000 CAD+24%
Engineering Project Director207,000 CAD+120%
Engineering Project Leader127,000 CAD+36%
Engineering Project Manager143,000 CAD+53%
Engineering Research and Development Manager158,000 CAD+69%
Engineering Safety Coordinator73,300 CAD-22%
Engineering Sales Manager131,000 CAD+40%
Engineering Technician79,400 CAD-15%
Engineering Technologist74,500 CAD-20%
Environmental Engineer98,700 CAD+5%
Equipment Engineer93,600 CAD-0%
Equipment Engineering Manager125,000 CAD+34%
Estimator85,300 CAD-9%
Fabrication Specialist66,300 CAD-29%
Fabricator43,500 CAD-54%
Facade Engineer92,300 CAD-1%
Fiber Analyst55,200 CAD-41%
Field Engineer100,000 CAD+7%
Field Engineering Manager166,000 CAD+77%
Fire Engineer97,100 CAD+4%
Fitter and Turner31,600 CAD-66%
Forestry Strategic Planner120,000 CAD+28%
Generation Engineer96,800 CAD+3%
Genetic Engineer103,000 CAD+10%
Geological Engineer99,400 CAD+6%
Geotechnical Engineer107,000 CAD+14%
Heavy Equipment Mechanic52,700 CAD-44%
Highway Engineer102,000 CAD+9%
HSE Professional92,600 CAD-1%
Human Machine Interface Engineer85,800 CAD-8%
HVAC Engineer100,000 CAD+7%
HVAC Supervisor90,000 CAD-4%
Industrial Engineer92,500 CAD-1%
Industrial Engineering Technologist95,800 CAD+2%
Instrument Engineer96,900 CAD+3%
Instrument Technician54,100 CAD-42%
Instrumentation and Control Engineer99,300 CAD+6%
Instrumentation Designer86,400 CAD-8%
Instrumentation Engineer99,200 CAD+6%
Instrumentation Manager93,300 CAD-0%
Irrigation Engineer95,100 CAD+2%
Licensed Aircraft Engineer102,000 CAD+9%
Locomotive Engineer90,100 CAD-4%
Maintenance Engineer93,600 CAD-0%
Maintenance Fitter35,100 CAD-63%
Maintenance Manager101,000 CAD+8%
Manufacturing Engineer97,900 CAD+5%
Marine Engineer94,200 CAD+1%
Materials Engineer93,600 CAD-0%
Materials Researcher89,100 CAD-5%
Materials Technician70,100 CAD-25%
Mechanical and Electrical Engineer103,000 CAD+10%
Mechanical Design Engineer106,000 CAD+13%
Mechanical Designer87,300 CAD-7%
Mechanical Engineer104,000 CAD+11%
Mechanical Engineering Manager139,000 CAD+48%
Mechanical Inspector94,100 CAD+1%
Mechatronics Engineer106,000 CAD+13%
Mining Engineer100,000 CAD+7%
Nanotechnology Engineer102,000 CAD+9%
Natural Language Processing Engineer110,000 CAD+17%
Oil and Petrochemical Engineer102,000 CAD+9%
Optical Engineer99,200 CAD+6%
Optical Instrument Assembler47,700 CAD-49%
PCB Assembler37,200 CAD-60%
Photonics Engineer108,000 CAD+15%
Photonics Technician89,700 CAD-4%
Pipeline Engineer93,800 CAD+0%
Piping Designer51,300 CAD-45%
Piping Engineer88,300 CAD-6%
Planning Engineer96,600 CAD+3%
Pressure Vessel Inspector46,700 CAD-50%
Principal Cost Engineer102,000 CAD+9%
Principal Engineer99,400 CAD+6%
Principal Support Engineer101,000 CAD+8%
Process Engineer94,000 CAD+0%
Process Operator56,800 CAD-39%
Product Development Engineer101,000 CAD+8%
Product Development Technician72,800 CAD-22%
Product Engineer103,000 CAD+10%
Product Safety Engineer88,900 CAD-5%
Production Engineer95,000 CAD+1%
Project Engineer106,000 CAD+13%
Proposal Manager121,000 CAD+29%
Purchasing Engineer86,600 CAD-8%
Quality Assurance Engineer101,000 CAD+8%
Rail Engineer95,100 CAD+2%
Regional Field Engineer107,000 CAD+14%
Remote Sensing Engineer102,000 CAD+9%
Robotics Engineer115,000 CAD+23%
Robotics Technician76,500 CAD-18%
Safety Engineer96,100 CAD+3%
Safety Inspector77,500 CAD-17%
Safety Manager112,000 CAD+20%
Safety Officer51,300 CAD-45%
Sales Engineer103,000 CAD+10%
Scheduling Engineer87,100 CAD-7%
Security Engineer100,000 CAD+7%
Service Engineer99,900 CAD+7%
Smart Home Engineer110,000 CAD+17%
Solar Engineer106,000 CAD+13%
Staff Engineer95,400 CAD+2%
Static Equipment Engineer90,600 CAD-3%
Stationary Engineer91,000 CAD-3%
Stress Engineer86,600 CAD-8%
Structural Analysis Engineer93,200 CAD-0%
Structural Designer88,400 CAD-6%
Structural Engineer95,000 CAD+1%
Structural Technician63,400 CAD-32%
Subsea Engineer122,000 CAD+30%
Supply Chain Specialist99,900 CAD+7%
Surveyor70,300 CAD-25%
Technical Affairs Officer51,100 CAD-45%
Technical Assistant49,000 CAD-48%
Technical Engineer84,200 CAD-10%
Technical Support Engineer82,400 CAD-12%
Tender Engineer91,500 CAD-2%
Test Development Engineer99,100 CAD+6%
Test Engineer97,800 CAD+4%
Transportation Engineer93,000 CAD-1%
Urban Engineer103,000 CAD+10%
Validation Engineer89,200 CAD-5%
Verification Engineer88,500 CAD-5%
Wastewater Engineer94,800 CAD+1%
Wind Energy Engineer101,000 CAD+8%
Wind Energy Operations Manager135,000 CAD+44%
Wireless Engineer110,000 CAD+17%
Work Planner65,400 CAD-30%

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 Equipment Engineer in Newfoundland-Labrador?

A good and competitive compensation would range anywhere between 85,900 CAD and 97,700 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 Equipment Engineer in Newfoundland-Labrador ranges from 47,700 CAD to 70,900 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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