Aerospace Engineer Average Salary in Toronto 2024
How much money does a person working as Aerospace Engineer make in Toronto?
LOW
82,700
CAD AVERAGE
176,000
CAD HIGH
278,000
CAD
A person working as Aerospace Engineer in Toronto typically earns around 176,000 CAD. Salaries range from 82,700 CAD (lowest) to 278,000 CAD (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Aerospace Engineer salaries in Toronto vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Aerospace Engineer Pay Scale and Salaries in Toronto
Salary Structure and Pay Scale Comparison
166,000 CAD or more
146,000 to 166,000 CAD
101,000 CAD or less
101,000 to 146,000 CAD
 82,700 CAD |
167,000 CAD |
278,000 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 Aerospace Engineer in Toronto range from 82,700 CAD (starting salary) to 278,000 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 167,000 CAD, half of the professionals who work as Aerospace Engineer in Toronto 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 Aerospace Engineer in Toronto earn less than 135,000 CAD, while 75% earn more. Similarly, the chart shows that 75% earn less than 192,000 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 Aerospace Engineer in Toronto compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 101,000 CAD to 146,000 CAD. About 20% of salaries are below the 101,000 CAD mark, while 10% fall within the range of 146,000 CAD to 166,000 CAD. Only 5% of individuals have salaries exceeding 166,000 CAD.
Salary Comparison by Years of Experience / Aerospace Engineer / Toronto
How do experience and age affect pay?
| 0 - 2 Years | 95,400 CAD | |
| 2 - 5 Years | +38% | 132,000 CAD |
| 5 - 10 Years | +42% | 187,000 CAD |
| 10 - 15 Years | +22% | 228,000 CAD |
| 15 - 20 Years | +6% | 241,000 CAD |
| 20+ Years | +9% | 263,000 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 Aerospace Engineer and this is what we found.
Employees with less than two years of experience earn approximately 95,400 CAD.
While someone with an experience level between two and five years is expected to earn 132,000 CAD, 38% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 187,000 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 228,000 CAD, 22% 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 241,000 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 263,000 CAD, 9% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Aerospace Engineer / Toronto
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Aerospace Engineer.
| Bachelor's Degree | 132,000 CAD | |
| Master's Degree | +83% | 241,000 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 Aerospace Engineer in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 132,000 CAD.
Level 2: Master's Degree
At this level, the average salary becomes 241,000 CAD, 83% 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 and Compensation Comparison By Gender / Aerospace Engineer / Toronto
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 Aerospace Engineer in Canada, the average difference between the salary of male and female employees is 4%.
| Male | 158,000 CAD | |
| Female | -4% | 151,000 CAD |
Salary Comparison By Gender in Canada for all Careers
Average Annual Salary Increment Percentage / Aerospace Engineer / Toronto
How much are annual salary increments in Toronto for individuals working as Aerospace Engineer? How often do employees get salary raises?
Individuals working as Aerospace 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.
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 / Aerospace Engineer / Canada
How much and how often are bonuses being awarded?
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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 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 / Aerospace Engineer / Toronto
85 CAD per hourThe average hourly wage (pay per hour) for individuals working as Aerospace Engineer in Toronto is 85 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 Aerospace Engineer in Toronto is 40 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 |
| Airlines / Aviation / Aerospace / Defense |  -100% | |
| Aeronautical Engineer | 144,000 CAD | -18% |
| Aerospace Engineer | 176,000 CAD | -0% |
| Aerospace Technician | 124,000 CAD | -30% |
| Air Crew Member | 85,200 CAD | -52% |
| Air Crew Officer | 87,500 CAD | -50% |
| Air Traffic Assistant | 77,100 CAD | -56% |
| Air Traffic Controller | 145,000 CAD | -18% |
| Air Traffic Management Automation Engineer | 156,000 CAD | -11% |
| Aircraft 3D Printing Technician | 129,000 CAD | -27% |
| Aircraft Assembler | 66,300 CAD | -62% |
| Aircraft Body Repairer | 62,200 CAD | -65% |
| Aircraft Cabin Interior Designer | 146,000 CAD | -17% |
| Aircraft Captain | 212,000 CAD |  +20% |
| Aircraft Cybersecurity Specialist | 155,000 CAD | -12% |
| Aircraft Electrician | 70,500 CAD | -60% |
| Aircraft Electronics Techician | 75,500 CAD | -57% |
| Aircraft Engineer | 132,000 CAD | -25% |
| Aircraft Fueler | 62,600 CAD | -64% |
| Aircraft Maintenance Engineer | 130,000 CAD | -26% |
| Aircraft Maintenance Manager | 209,000 CAD | +19% |
| Aircraft Maintenance Supervisor | 145,000 CAD | -18% |
| Aircraft Maintenance Technician | 65,400 CAD | -63% |
| Aircraft Mechanic | 68,900 CAD | -61% |
| Aircraft Pilot | 238,000 CAD | +35% |
| Aircraft Pneudraulics Repairer | 67,600 CAD | -62% |
| Aircraft Quality Assurance | 175,000 CAD | -1% |
| Aircraft Rigging Assembler | 68,700 CAD | -61% |
| Aircraft Service Technician | 62,000 CAD | -65% |
| Airfield Management Specialist | 211,000 CAD | +20% |
| Airfield Operations Specialist | 153,000 CAD | -13% |
| Airline Augmented Reality Developer | 124,000 CAD | -30% |
| Airline Cabin Crew | 139,000 CAD | -21% |
| Airline Copilot | 141,000 CAD | -20% |
| Airline Customer Experience Designer | 140,000 CAD | -20% |
| Airline Data Analyst | 141,000 CAD | -20% |
| Airline Pilot | 230,000 CAD | +31% |
| Airlines Sales Director | 275,000 CAD | +56% |
| Airlines Sales Manager | 233,000 CAD | +32% |
| Airlines Structural Assembler | 60,700 CAD | -66% |
| Airport Services Agent | 87,100 CAD | -51% |
| Airport Services Manager | 279,000 CAD | +58% |
| Airport Services Supervisor | 154,000 CAD | -13% |
| Airport Sustainability Manager | 177,000 CAD | +1% |
| Assistant Aircraft Mechanic | 56,500 CAD | -68% |
| Autonomous Air Taxi Coordinator | 84,000 CAD | -52% |
| Aviation Analyst | 180,000 CAD | +2% |
| Aviation Biofuel Specialist | 139,000 CAD | -21% |
| Aviation Engineer | 143,000 CAD | -19% |
| Aviation Inspector | 147,000 CAD | -16% |
| Aviation Manager | 268,000 CAD | +52% |
| Aviation Operations Controller | 145,000 CAD | -18% |
| Aviation Resources Manager | 240,000 CAD | +36% |
| Aviation Safety Assistant | 76,700 CAD | -56% |
| Aviation Safety Manager | 248,000 CAD | +41% |
| Aviation Safety Officer | 141,000 CAD | -20% |
| Aviation Security Specialist | 162,000 CAD | -8% |
| Aviation Sustainability Consultant | 190,000 CAD | +8% |
| Aviation Technician | 65,000 CAD | -63% |
| Aviation Training Specialist | 143,000 CAD | -19% |
| Cargo and Freight Agent | 58,100 CAD | -67% |
| Cargo Executive | 121,000 CAD | -31% |
| Chief Pilot | 248,000 CAD | +41% |
| Drone Compliance Officer | 133,000 CAD | -24% |
| Drone Delivery Specialist | 125,000 CAD | -29% |
| Drone Emergency Response Coordinator | 111,000 CAD | -37% |
| Drone Engineer | 115,000 CAD | -35% |
| Drone Event Coordinator | 113,000 CAD | -36% |
| Drone Fleet Manager | 140,000 CAD | -20% |
| Drone Geospatial Analyst | 137,000 CAD | -22% |
| Drone Infrastructure Engineer | 139,000 CAD | -21% |
| Drone Inspection Specialist | 127,000 CAD | -28% |
| Drone Inspector | 119,000 CAD | -32% |
| Drone Insurance Underwriter | 97,300 CAD | -45% |
| Drone Light Show Choreographer | 114,000 CAD | -35% |
| Drone Operator / Pilot | 87,400 CAD | -50% |
| Drone Payload Specialist | 104,000 CAD | -41% |
| Drone Pilot Instructor | 116,000 CAD | -34% |
| Drone Security Specialist | 126,000 CAD | -28% |
| Drone Software Engineer | 113,000 CAD | -36% |
| Drone Surveyor | 101,000 CAD | -43% |
| Drone Technician | 80,000 CAD | -55% |
| Drone Traffic Controller | 89,800 CAD | -49% |
| Drone Traffic Management Specialist | 126,000 CAD | -28% |
| Drone Traffic Safety Engineer | 116,000 CAD | -34% |
| Drone Videographer | 107,000 CAD | -39% |
| First Officer | 96,800 CAD | -45% |
| Fleet Controller | 216,000 CAD | +23% |
| Fleet Management Officer | 93,800 CAD | -47% |
| Flight Attendant | 91,100 CAD | -48% |
| Flight Planner | 126,000 CAD | -28% |
| Flight Scheduler | 106,000 CAD | -40% |
| Flight Simulation Engineer | 121,000 CAD | -31% |
| Freight and Cargo Inspector | 94,500 CAD | -46% |
| Helicopter Pilot | 151,000 CAD | -14% |
| Loading Bridge Operator | 54,700 CAD | -69% |
| Pilot | 225,000 CAD | +28% |
| Ramp Agent | 59,800 CAD | -66% |
| Reservations Sales Agent | 72,500 CAD | -59% |
| Safety and Quality Specialist | 133,000 CAD | -24% |
| Test Pilot | 159,000 CAD | -10% |
| Unmanned Aerial Vehicle Operator | 102,000 CAD | -42% |
| Unmanned Aircraft Systems Technician | 91,400 CAD | -48% |
| Virtual / Augmented Reality Flight Simulator Designer | 137,000 CAD | -22% |
Salary Comparison By City
| City | Average Salary |
| Toronto | 176,000 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 |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Aerospace Engineer in Toronto?
A good and competitive compensation would range anywhere between 167,000 CAD and 192,000 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 Aerospace Engineer in Toronto ranges from 82,700 CAD to 135,000 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
