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Sourcing Assistant Average Salary in Prince Edward Island 2024

How much money does a person working as Sourcing Assistant make in Prince Edward Island?


Average Yearly Salary
29,000 CAD
( 2,420 CAD monthly)

LOW
14,800
CAD
AVERAGE
29,000
CAD
HIGH
44,700
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 Sourcing Assistant in Prince Edward Island typically earns around 29,000 CAD. Salaries range from 14,800 CAD (lowest) to 44,700 CAD (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Sourcing Assistant 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.



Sourcing Assistant Pay Scale and Salaries in Prince Edward Island

Median and salary distribution Prince Edward Island Sourcing Assistant yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
26,500 CAD or more
10% of people earn
23,500 to 26,500 CAD
20% of people earn
17,000 CAD or less
65% of people earn
17,000 to 23,500 CAD
Minimum Salary
14,800 CAD
Median
26,600 CAD
Maximum
44,700 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 Sourcing Assistant in Prince Edward Island range from 14,800 CAD (starting salary) to 44,700 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 26,600 CAD, half of the professionals who work as Sourcing Assistant 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 Sourcing Assistant in Prince Edward Island earn less than 22,000 CAD, while 75% earn more. Similarly, the chart shows that 75% earn less than 30,300 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 Sourcing Assistant in Prince Edward Island compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 17,000 CAD to 23,500 CAD. About 20% of salaries are below the 17,000 CAD mark, while 10% fall within the range of 23,500 CAD to 26,500 CAD. Only 5% of individuals have salaries exceeding 26,500 CAD.

Salary Comparison by Years of Experience / Sourcing Assistant / Prince Edward Island

How do experience and age affect pay?

0 - 2 Years
16,600 CAD
2 - 5 Years+31%
21,700 CAD
5 - 10 Years+40%
30,300 CAD
10 - 15 Years+20%
36,500 CAD
15 - 20 Years+9%
39,600 CAD
20+ Years+8%
42,800 CAD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly Prince Edward Island Sourcing Assistant
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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 Sourcing Assistant 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 16,600 CAD.

While someone with an experience level between two and five years is expected to earn 21,700 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 30,300 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 36,500 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 39,600 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 42,800 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 / Sourcing Assistant / Prince Edward Island

How do education levels affect salaries?

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

High School
19,000 CAD
Certificate or Diploma+47%
28,000 CAD
Bachelor's Degree+53%
42,900 CAD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly Prince Edward Island Sourcing Assistant
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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 Sourcing Assistant in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 19,000 CAD.


Level 2: Certificate or Diploma

At this level, the average salary becomes 28,000 CAD, 47% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 42,900 CAD, 53% more than the previous level.



Typical Salary Difference by Education for Most Careers

Salary Comparison By Education Level
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Salary and Compensation Comparison By Gender / Sourcing Assistant / Prince Edward Island

Salary comparison by gender Canada Sourcing Assistant 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 Sourcing Assistant in Canada, the average difference between the salary of male and female employees is 4%.

Male
33,600 CAD
Female-4%
32,200 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 / Sourcing Assistant / Prince Edward Island

How much are annual salary increments in Prince Edward Island for individuals working as Sourcing Assistant? How often do employees get salary raises?

Individuals working as Sourcing Assistant 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 Sourcing Assistant
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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 / Sourcing Assistant / Canada

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Canada Sourcing Assistant
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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 / Sourcing Assistant / Prince Edward Island


14 CAD per hour

The average hourly wage (pay per hour) for individuals working as Sourcing Assistant in Prince Edward Island is 14 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 Sourcing Assistant in Prince Edward Island is 7 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
Customer Service and Call Center-100%
Account Representative48,900 CAD+68%
Account Service Representative47,200 CAD+63%
Business Support Specialist66,400 CAD+130%
Call Center Advisor50,600 CAD+74%
Call Center Duty Manager66,800 CAD+130%
Call Center Manager134,000 CAD+360%
Call Center Quality Analyst80,300 CAD+180%
Call Center Representative41,100 CAD+42%
Call Center Scheduler44,200 CAD+52%
Call Center Scheduling Manager65,600 CAD+130%
Call Center Supervisor55,800 CAD+92%
Call Center Team Leader68,800 CAD+140%
Call Center Technology Specialist79,000 CAD+170%
Chatbot Copywriter65,600 CAD+130%
Chatbot Deployment Specialist73,100 CAD+150%
Chatbot Marketing Specialist94,600 CAD+230%
Chief Customer Experience and Success Officer161,000 CAD+450%
Client Engagement Specialest74,900 CAD+160%
Client Executive57,100 CAD+97%
Client Liaison Officer38,500 CAD+33%
Client Relations Manager146,000 CAD+400%
Client Relationship Executive122,000 CAD+320%
Client Relationship Manager143,000 CAD+390%
Client Service Analyst80,600 CAD+180%
Client Service Representative38,900 CAD+34%
Client Strategy Specialist84,100 CAD+190%
Contracts Specialist64,300 CAD+120%
Customer Care Officer38,700 CAD+33%
Customer Care Representative39,800 CAD+37%
Customer Center Supervisor47,400 CAD+63%
Customer Experience Analyst48,000 CAD+65%
Customer Experience Manager137,000 CAD+370%
Customer Experience Specialist87,500 CAD+200%
Customer Feedback and Insights Analyst93,000 CAD+220%
Customer Fulfillment Specialist81,600 CAD+180%
Customer Insights Analyst87,600 CAD+200%
Customer Journey Analyst110,000 CAD+280%
Customer Problem Manager89,400 CAD+210%
Customer Relations Manager135,000 CAD+370%
Customer Relations Specialist80,400 CAD+180%
Customer Relationship Management Implementation Consultant138,000 CAD+380%
Customer Retention Specialist116,000 CAD+300%
Customer Sales Representative38,600 CAD+33%
Customer Sales Support41,100 CAD+42%
Customer Service Administration50,200 CAD+73%
Customer Service Advisor91,100 CAD+210%
Customer Service Agent41,400 CAD+43%
Customer Service Associate38,900 CAD+34%
Customer Service Coordinator46,100 CAD+59%
Customer Service Country Manager157,000 CAD+440%
Customer Service Executive97,900 CAD+240%
Customer Service Manager136,000 CAD+370%
Customer Service Officer40,300 CAD+39%
Customer Service Operations Manager148,000 CAD+410%
Customer Service Quality Assurance Analyst134,000 CAD+360%
Customer Service Representative38,700 CAD+33%
Customer Service Sales Support38,700 CAD+33%
Customer Service Specialist41,300 CAD+42%
Customer Service Supervisor62,400 CAD+110%
Customer Service Team Leader88,900 CAD+210%
Customer Service Trainer74,800 CAD+160%
Customer Service Working Supervisor65,800 CAD+130%
Customer Solutions Representative87,800 CAD+200%
Customer Success Manager134,000 CAD+360%
Customer Success Specialist84,000 CAD+190%
Customer Support Agent40,200 CAD+38%
Dispute Resolution Specialist70,600 CAD+140%
Field Service Representative42,900 CAD+48%
Guest Relations Officer30,300 CAD+4%
Guest Service Agent32,400 CAD+12%
Inbound Call Center Representative39,700 CAD+37%
Inbound Sales Representative39,200 CAD+35%
Internet Banking Supervisor131,000 CAD+350%
Lead Administrator85,800 CAD+200%
Live Chat Agent49,300 CAD+70%
Logistics Coordinator45,700 CAD+57%
Onboarding Specialist87,800 CAD+200%
Operations Support Manager124,000 CAD+330%
Real Time Analyst82,200 CAD+180%
Regional Account Manager137,000 CAD+370%
Remote Customer Service Representative56,500 CAD+95%
Remote Customer Support Agent57,900 CAD+99%
Service Administrator62,700 CAD+120%
Service Delivery Manager130,000 CAD+350%
Service Writer33,300 CAD+15%
Social Media Customer Support Specialist77,500 CAD+170%
Sourcing Assistant29,000 CAD-0%
Telephone Operator30,800 CAD+6%
User Experience Researcher91,600 CAD+220%
Vendor Administration Specialist50,000 CAD+72%
Voice Of The Customer Analyst74,100 CAD+160%
Workforce Manager87,500 CAD+200%

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 Sourcing Assistant in Prince Edward Island?

A good and competitive compensation would range anywhere between 26,600 CAD and 30,300 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 Sourcing Assistant in Prince Edward Island ranges from 14,800 CAD to 22,000 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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