Securities Sales Agent Average Salary in Prince Edward Island 2024
How much money does a person working as Securities Sales Agent make in Prince Edward Island?
LOW
63,900
CAD AVERAGE
121,000
CAD HIGH
183,000
CAD
A person working as Securities Sales Agent in Prince Edward Island typically earns around 121,000 CAD. Salaries range from 63,900 CAD (lowest) to 183,000 CAD (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Securities Sales Agent 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.
Securities Sales Agent Pay Scale and Salaries in Prince Edward Island
Salary Structure and Pay Scale Comparison
108,000 CAD or more
96,700 to 108,000 CAD
71,200 CAD or less
71,200 to 96,700 CAD
 63,900 CAD |
109,000 CAD |
183,000 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 Securities Sales Agent in Prince Edward Island range from 63,900 CAD (starting salary) to 183,000 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 109,000 CAD, half of the professionals who work as Securities Sales Agent 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 Securities Sales Agent in Prince Edward Island earn less than 90,600 CAD, while 75% earn more. Similarly, the chart shows that 75% earn less than 123,000 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 Securities Sales Agent in Prince Edward Island compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 71,200 CAD to 96,700 CAD. About 20% of salaries are below the 71,200 CAD mark, while 10% fall within the range of 96,700 CAD to 108,000 CAD. Only 5% of individuals have salaries exceeding 108,000 CAD.
Salary Comparison by Years of Experience / Securities Sales Agent / Prince Edward Island
How do experience and age affect pay?
| 0 - 2 Years | 73,500 CAD | |
| 2 - 5 Years | +23% | 90,200 CAD |
| 5 - 10 Years | +42% | 128,000 CAD |
| 10 - 15 Years | +17% | 149,000 CAD |
| 15 - 20 Years | +10% | 164,000 CAD |
| 20+ Years | +6% | 174,000 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 Securities Sales Agent and this is what we found.
Employees with less than two years of experience earn approximately 73,500 CAD.
While someone with an experience level between two and five years is expected to earn 90,200 CAD, 23% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 128,000 CAD, 42% 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 149,000 CAD, 17% 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 164,000 CAD, 10% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 174,000 CAD, 6% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Securities Sales Agent / Prince Edward Island
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Securities Sales Agent.
| High School | 90,200 CAD | |
| Certificate or Diploma | +40% | 126,000 CAD |
| Bachelor's Degree | +42% | 178,000 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 Securities Sales Agent in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 90,200 CAD.
Level 2: Certificate or Diploma
At this level, the average salary becomes 126,000 CAD, 40% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 178,000 CAD, 42% more than the previous level.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Securities Sales Agent / Prince Edward Island
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 Securities Sales Agent in Canada, the average difference between the salary of male and female employees is 4%.
| Male | 136,000 CAD | |
| Female | -4% | 130,000 CAD |
Salary Comparison By Gender in Canada for all Careers
Average Annual Salary Increment Percentage / Securities Sales Agent / Prince Edward Island
How much are annual salary increments in Prince Edward Island for individuals working as Securities Sales Agent? How often do employees get salary raises?
Individuals working as Securities Sales Agent 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 / Securities Sales Agent / Canada
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/canada/sales-retail-and-wholesale/securities-sales-agent/annual-salary-bonus-rate-canada-securities-sales-agent.jpg
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 / Securities Sales Agent / Prince Edward Island
58 CAD per hourThe average hourly wage (pay per hour) for individuals working as Securities Sales Agent in Prince Edward Island is 58 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 Securities Sales Agent in Prince Edward Island is 31 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 |
| Sales Retail and Wholesale |  -100% | |
| Account Manager | 120,000 CAD | -0% |
| Account Officer | 67,900 CAD | -44% |
| Area Manager | 134,000 CAD |  +11% |
| Area Sales Director | 218,000 CAD | +81% |
| Area Sales Manager | 170,000 CAD | +41% |
| Assisstant Store Supervisor | 69,800 CAD | -42% |
| Assistant Department Manager | 86,500 CAD | -28% |
| Assistant Retail Store Manager | 92,300 CAD | -23% |
| Branch Manager | 130,000 CAD | +8% |
| Branch Supervisor | 112,000 CAD | -7% |
| Cashier | 39,800 CAD | -67% |
| Cashier Manager | 93,200 CAD | -23% |
| Commercial Sales Manager | 176,000 CAD | +46% |
| Conversion Rate Optimization Specialist | 144,000 CAD | +19% |
| Corporate Sales Manager | 150,000 CAD | +24% |
| Data-driven Sales Analyst | 116,000 CAD | -4% |
| Depot Manager | 121,000 CAD | +0% |
| Depot Supervisor | 114,000 CAD | -5% |
| Deputy Sales Manager | 119,000 CAD | -1% |
| Direct-to-Consumer Sales Executive | 143,000 CAD | +19% |
| Director of Sales | 200,000 CAD | +66% |
| Distribution Director | 145,000 CAD | +20% |
| District Leader | 106,000 CAD | -12% |
| District Manager | 126,000 CAD | +5% |
| District Sales Manager | 133,000 CAD | +10% |
| E-commerce Consultant | 126,000 CAD | +5% |
| External Sales Account Manager | 126,000 CAD | +5% |
| Field Sales Representative | 80,600 CAD | -33% |
| Furniture Sales Associate | 60,100 CAD | -50% |
| Global Wholesale Manager | 221,000 CAD | +83% |
| Head Cashier | 81,500 CAD | -32% |
| Head of Direct Sales | 158,000 CAD | +31% |
| Head of Retail | 151,000 CAD | +25% |
| Head Teller | 83,500 CAD | -31% |
| Inside Sales | 67,200 CAD | -44% |
| Inside Sales Account Manager | 105,000 CAD | -13% |
| Inside Sales Engineer | 72,800 CAD | -40% |
| Inside Sales Executive | 110,000 CAD | -9% |
| Inside Sales Representative | 74,600 CAD | -38% |
| Internal Sales Manager | 121,000 CAD | +0% |
| Inventory Manager | 116,000 CAD | -4% |
| Key Account Manager | 118,000 CAD | -2% |
| Medical Device Sales | 99,600 CAD | -17% |
| Medical Device Sales Representative | 92,300 CAD | -23% |
| Merchandiser | 81,300 CAD | -33% |
| Mobile App Sales Representative | 95,200 CAD | -21% |
| National Account Manager | 171,000 CAD | +42% |
| National Customer Solution Specialist | 136,000 CAD | +13% |
| National Sales Manager | 218,000 CAD | +81% |
| Omni-Channel Sales Coordinator | 103,000 CAD | -15% |
| Online Crafts Merchant | 92,400 CAD | -23% |
| Online Marketplace Manager | 136,000 CAD | +13% |
| Outside Sales Representative | 86,300 CAD | -28% |
| Parts Salesperson | 70,100 CAD | -42% |
| Personalization Strategist | 131,000 CAD | +9% |
| Project Development Manager | 134,000 CAD | +11% |
| Project Manager | 130,000 CAD | +8% |
| Project Sales Executive | 130,000 CAD | +8% |
| Purchasing and Sales Executive | 184,000 CAD | +53% |
| Quotation Engineer | 69,300 CAD | -43% |
| Regional Sales Director | 231,000 CAD | +92% |
| Regional Sales Manager | 220,000 CAD | +82% |
| Relationship Manager | 140,000 CAD | +16% |
| Retail Merchandiser | 52,000 CAD | -57% |
| Retail Operations Manager | 134,000 CAD | +11% |
| Retail Sales Associate | 99,600 CAD | -17% |
| Retail Sales Representative | 74,400 CAD | -38% |
| Retail Salesperson | 66,600 CAD | -45% |
| Retail Store Manager | 137,000 CAD | +14% |
| Retail Store Sales Person | 65,500 CAD | -46% |
| Revenue Manager | 121,000 CAD | +0% |
| Sales Account Manager | 147,000 CAD | +22% |
| Sales Admin Executive | 172,000 CAD | +43% |
| Sales Administration Manager | 158,000 CAD | +31% |
| Sales Analyst | 127,000 CAD | +5% |
| Sales Assistant | 49,600 CAD | -59% |
| Sales Associate | 66,900 CAD | -45% |
| Sales Consultant | 98,400 CAD | -18% |
| Sales Coordinator | 75,900 CAD | -37% |
| Sales Development Representative | 88,400 CAD | -27% |
| Sales Director | 209,000 CAD | +73% |
| Sales Engineer | 73,100 CAD | -39% |
| Sales Executive | 130,000 CAD | +8% |
| Sales Manager | 187,000 CAD | +55% |
| Sales Officer | 70,600 CAD | -41% |
| Sales Planner | 111,000 CAD | -8% |
| Sales Planning Analyst | 119,000 CAD | -1% |
| Sales Representative | 65,200 CAD | -46% |
| Sales Service Associate | 62,000 CAD | -49% |
| Sales Specialist | 108,000 CAD | -10% |
| Sales Supervisor | 105,000 CAD | -13% |
| Sales Support | 52,200 CAD | -57% |
| Sales Support Manager | 116,000 CAD | -4% |
| Sales Team Leader | 115,000 CAD | -5% |
| Sales Trainer | 118,000 CAD | -2% |
| Securities Sales Agent | 121,000 CAD | +0% |
| Shipper / Receiver | 51,400 CAD | -57% |
| Shop Manager | 121,000 CAD | +0% |
| Social Media Sales Manager | 157,000 CAD | +30% |
| Store Development Administrator | 86,000 CAD | -29% |
| Store Manager | 137,000 CAD | +14% |
| Subscription Box Curator | 113,000 CAD | -6% |
| Supply Chain Sustainability Manager | 141,000 CAD | +17% |
| Territory Sales Manager | 170,000 CAD | +41% |
| Territory Sales Representative | 97,500 CAD | -19% |
| Trade Marketing Officer | 113,000 CAD | -6% |
| Treasury Officer | 113,000 CAD | -6% |
| Vice President Sales | 159,000 CAD | +32% |
| Visual Merchandiser | 62,100 CAD | -48% |
| Voice Commerce Specialist | 106,000 CAD | -12% |
| Wholesale Data Analyst | 117,000 CAD | -3% |
| Wholesale Inventory Manager | 137,000 CAD | +14% |
| Wholesale Marketing Manager | 150,000 CAD | +24% |
| Wholesale Operations Manager | 175,000 CAD | +45% |
| Wholesale Sales Representative | 112,000 CAD | -7% |
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 Securities Sales Agent in Prince Edward Island?
A good and competitive compensation would range anywhere between 109,000 CAD and 123,000 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 Securities Sales Agent in Prince Edward Island ranges from 63,900 CAD to 90,600 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
