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Chief Digital Transformation Officer Average Salary in Prince Edward Island 2024

How much money does a person working as Chief Digital Transformation Officer make in Prince Edward Island?


Average Yearly Salary
164,000 CAD
( 13,700 CAD monthly)

LOW
80,600
CAD
AVERAGE
164,000
CAD
HIGH
256,000
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 Chief Digital Transformation Officer in Prince Edward Island typically earns around 164,000 CAD. Salaries range from 80,600 CAD (lowest) to 256,000 CAD (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Chief Digital Transformation Officer salaries in Prince Edward Island vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Chief Digital Transformation Officer Pay Scale and Salaries in Prince Edward Island

Median and salary distribution Prince Edward Island Chief Digital Transformation Officer yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
152,000 CAD or more
10% of people earn
135,000 to 152,000 CAD
20% of people earn
95,600 CAD or less
65% of people earn
95,600 to 135,000 CAD
Minimum Salary
80,600 CAD
Median
153,000 CAD
Maximum
256,000 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 Chief Digital Transformation Officer in Prince Edward Island range from 80,600 CAD (starting salary) to 256,000 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 153,000 CAD, half of the professionals who work as Chief Digital Transformation Officer in Prince Edward Island 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 Digital Transformation Officer in Prince Edward Island earn less than 125,000 CAD, while 75% earn more. Similarly, the chart shows that 75% earn less than 175,000 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 Digital Transformation Officer in Prince Edward Island compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 95,600 CAD to 135,000 CAD. About 20% of salaries are below the 95,600 CAD mark, while 10% fall within the range of 135,000 CAD to 152,000 CAD. Only 5% of individuals have salaries exceeding 152,000 CAD.

Salary Comparison by Years of Experience / Chief Digital Transformation Officer / Prince Edward Island

How do experience and age affect pay?

0 - 2 Years
95,500 CAD
2 - 5 Years+29%
123,000 CAD
5 - 10 Years+38%
169,000 CAD
10 - 15 Years+24%
210,000 CAD
15 - 20 Years+7%
225,000 CAD
20+ Years+7%
240,000 CAD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly Prince Edward Island Chief Digital Transformation Officer
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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 Chief Digital Transformation Officer 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 95,500 CAD.

While someone with an experience level between two and five years is expected to earn 123,000 CAD, 29% more than someone with less than two year's experience.

Moving forward, an experience level between five and ten years lands a salary of 169,000 CAD, 38% 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 210,000 CAD, 24% 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 225,000 CAD, 7% more than someone with ten to fifteen years of experience.

Lastly, employees with more than twenty years of professional experience get a salary of 240,000 CAD, 7% 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 / Chief Digital Transformation Officer / Prince Edward Island

How do education levels affect salaries?

Displayed below is the average salary variance between different education levels of professionals working as Chief Digital Transformation Officer.

High School
92,900 CAD
Certificate or Diploma+19%
110,000 CAD
Bachelor's Degree+27%
140,000 CAD
Master's Degree+53%
214,000 CAD
PhD+19%
255,000 CAD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly Prince Edward Island Chief Digital Transformation Officer
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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 Chief Digital Transformation Officer in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 92,900 CAD.


Level 2: Certificate or Diploma

At this level, the average salary becomes 110,000 CAD, 19% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 140,000 CAD, 27% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 214,000 CAD, 53% more than the previous level.


Level 5: PhD

At this level, the average salary becomes 255,000 CAD, 19% 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 / Chief Digital Transformation Officer / Prince Edward Island

Salary comparison by gender Canada Chief Digital Transformation Officer 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 Chief Digital Transformation Officer in Canada, the average difference between the salary of male and female employees is 5%.

Male
176,000 CAD
Female-4%
168,000 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 / Chief Digital Transformation Officer / Prince Edward Island

How much are annual salary increments in Prince Edward Island for individuals working as Chief Digital Transformation Officer? How often do employees get salary raises?

Individuals working as Chief Digital Transformation 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.

Annual Salary Increment Rate Canada Chief Digital Transformation Officer
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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 / Chief Digital Transformation Officer / Canada

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Canada Chief Digital Transformation Officer
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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 / Chief Digital Transformation Officer / Prince Edward Island


79 CAD per hour

The average hourly wage (pay per hour) for individuals working as Chief Digital Transformation Officer in Prince Edward Island is 79 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 Chief Digital Transformation Officer in Prince Edward Island is 39 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
Executive and Management-100%
Account Coordinator97,600 CAD-41%
Account Director118,000 CAD-28%
Account Executive116,000 CAD-29%
Account Manager111,000 CAD-32%
Administration Manager119,000 CAD-28%
Administration Officer65,000 CAD-60%
Administration Supervisor94,100 CAD-43%
Administrative Clerk49,300 CAD-70%
Administrative Officer46,300 CAD-72%
Area Director116,000 CAD-29%
Area Manager112,000 CAD-32%
Asset Protection Associate128,000 CAD-22%
Assistant Director118,000 CAD-28%
Assistant General Manager123,000 CAD-25%
Assistant Manager128,000 CAD-22%
Assistant Managing Director140,000 CAD-15%
Assistant Operations Manager138,000 CAD-16%
Assistant Project Manager119,000 CAD-28%
Assistant Section Head104,000 CAD-37%
Assistant to CEO117,000 CAD-29%
Assistant Vice President128,000 CAD-22%
Associate Account Director119,000 CAD-28%
Associate Director131,000 CAD-20%
Bid Manager138,000 CAD-16%
Branch Manager142,000 CAD-14%
Business Development Manager158,000 CAD-4%
Business Operations Associate120,000 CAD-27%
Business Operations Lead127,000 CAD-23%
Campaign Manager138,000 CAD-16%
Catering Coordinator76,800 CAD-53%
Catering Manager120,000 CAD-27%
CEO245,000 CAD+49%
Chairman of The Board236,000 CAD+44%
Chairman Office Manager159,000 CAD-3%
Chief Commercial Officer174,000 CAD+6%
Chief Corporate Officer184,000 CAD+12%
Chief Digital Officer165,000 CAD+0%
Chief Digital Strategy Officer172,000 CAD+5%
Chief Digital Transformation Officer164,000 CAD-0%
Chief Ethics Officer142,000 CAD-14%
Chief Executive Officer230,000 CAD+40%
Chief Financial Officer217,000 CAD+32%
Chief Investment Officer167,000 CAD+2%
Chief of Staff112,000 CAD-32%
Chief Operating Officer176,000 CAD+7%
Chief Privacy Officer144,000 CAD-12%
Chief Resilience Officer182,000 CAD+11%
Chief Risk Officer150,000 CAD-9%
Chief Strategy Officer198,000 CAD+20%
Chief Trust and Safety Officer144,000 CAD-12%
Client Account Manager139,000 CAD-15%
Client Accounts Officer120,000 CAD-27%
Client Services Manager156,000 CAD-5%
Commercial Director165,000 CAD+0%
Commercial Manager139,000 CAD-15%
Commercial Project Manager123,000 CAD-25%
Commodity Broker99,600 CAD-39%
COO170,000 CAD+3%
Corporate Affairs Executive145,000 CAD-12%
Corporate Compliance Director157,000 CAD-5%
Corporate Director169,000 CAD+3%
Corporate Officer115,000 CAD-30%
Corporate Partnerships Officer109,000 CAD-34%
Country Manager189,000 CAD+15%
Department Head150,000 CAD-9%
Department Manager139,000 CAD-15%
Department Supervisor123,000 CAD-25%
Deputy Director161,000 CAD-2%
Deputy Manager161,000 CAD-2%
Director176,000 CAD+7%
Director of Accreditation155,000 CAD-6%
Director of Catering Services143,000 CAD-13%
Director of Client Services148,000 CAD-10%
Director of Facilities Management134,000 CAD-19%
Director of Operations155,000 CAD-6%
Director of Process Simplification121,000 CAD-26%
Director of Product Management156,000 CAD-5%
Director of Project Management164,000 CAD-0%
Director of Revenue Management152,000 CAD-8%
Director of Training and Development149,000 CAD-9%
Distribution Manager163,000 CAD-1%
Division Manager137,000 CAD-17%
Duty Manager139,000 CAD-15%
Engagement Manager172,000 CAD+5%
Executive Director241,000 CAD+47%
Executive Manager192,000 CAD+17%
Franchise Manager210,000 CAD+28%
General Manager176,000 CAD+7%
Generational Consultant131,000 CAD-20%
Global Master Data Manager162,000 CAD-1%
Global Technical Lead105,000 CAD-36%
Head of Investment156,000 CAD-5%
Head of Middle Office148,000 CAD-10%
Head of Projects157,000 CAD-5%
Head of Strategy186,000 CAD+13%
Head of Supply Chain140,000 CAD-15%
Head of Sustainability132,000 CAD-20%
Housing Manager123,000 CAD-25%
HSE Manager131,000 CAD-20%
Innovation Manager138,000 CAD-16%
Key Account Manager129,000 CAD-22%
Knowledge Manager147,000 CAD-11%
Location Manager147,000 CAD-11%
Logistics Executive122,000 CAD-26%
Logistics Manager123,000 CAD-25%
Management Consultant123,000 CAD-25%
Management Executive166,000 CAD+1%
Manager153,000 CAD-7%
Managing Director190,000 CAD+16%
MIS Executive164,000 CAD-0%
Ocean Services Manager166,000 CAD+1%
Online Business Manager227,000 CAD+38%
Operational Manager165,000 CAD+0%
Operations Analyst144,000 CAD-12%
Operations Assistant113,000 CAD-31%
Operations Director184,000 CAD+12%
Operations Executive173,000 CAD+5%
Operations Manager175,000 CAD+6%
Operations Supervisor141,000 CAD-14%
Planning Director172,000 CAD+5%
PMO Manager154,000 CAD-6%
Policy Administration Executive133,000 CAD-19%
Private Sector Executive139,000 CAD-15%
Product Development Manager160,000 CAD-3%
Product Executive132,000 CAD-20%
Production Executive152,000 CAD-8%
Production Manager163,000 CAD-1%
Production Supervisor135,000 CAD-18%
Program Director167,000 CAD+2%
Program Manager159,000 CAD-3%
Programme Coordinator108,000 CAD-34%
Project Control Manager170,000 CAD+3%
Project Coordinator99,000 CAD-40%
Project Management Officer114,000 CAD-31%
Project Manager116,000 CAD-29%
Project Portfolio Manager132,000 CAD-20%
Quality Manager128,000 CAD-22%
R/D Director147,000 CAD-11%
Regional Director223,000 CAD+36%
Regional Manager163,000 CAD-1%
Relationship Manager164,000 CAD-0%
Retail District Manager111,000 CAD-32%
Revenue Manager130,000 CAD-21%
Risk and Capital Manager172,000 CAD+5%
Risk Officer118,000 CAD-28%
Safety Manager122,000 CAD-26%
Section Head124,000 CAD-25%
Service Manager131,000 CAD-20%
Shift Supervisor97,500 CAD-41%
Solutions Manager109,000 CAD-34%
Supervisor94,800 CAD-42%
Supply Chain Manager175,000 CAD+6%
Surveyor106,000 CAD-36%
Technical Director147,000 CAD-11%
Technical Manager148,000 CAD-10%
Territory Manager149,000 CAD-9%
Validation Manager137,000 CAD-17%
Vice President190,000 CAD+16%
Zone Manager168,000 CAD+2%

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 Chief Digital Transformation Officer in Prince Edward Island?

A good and competitive compensation would range anywhere between 153,000 CAD and 175,000 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 Digital Transformation Officer in Prince Edward Island ranges from 80,600 CAD to 125,000 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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