Geothermal Engineer Average Salary in Toronto 2024
How much money does a person working as Geothermal Engineer make in Toronto?
LOW
72,000
CAD AVERAGE
133,000
CAD HIGH
201,000
CAD
A person working as Geothermal Engineer in Toronto typically earns around 133,000 CAD. Salaries range from 72,000 CAD (lowest) to 201,000 CAD (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Geothermal 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.
Geothermal Engineer Pay Scale and Salaries in Toronto
Salary Structure and Pay Scale Comparison
119,000 CAD or more
106,000 to 119,000 CAD
79,100 CAD or less
79,100 to 106,000 CAD
 72,000 CAD |
119,000 CAD |
201,000 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 Geothermal Engineer in Toronto range from 72,000 CAD (starting salary) to 201,000 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 119,000 CAD, half of the professionals who work as Geothermal 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 Geothermal Engineer in Toronto earn less than 99,700 CAD, while 75% earn more. Similarly, the chart shows that 75% earn less than 135,000 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 Geothermal Engineer in Toronto compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 79,100 CAD to 106,000 CAD. About 20% of salaries are below the 79,100 CAD mark, while 10% fall within the range of 106,000 CAD to 119,000 CAD. Only 5% of individuals have salaries exceeding 119,000 CAD.
Salary Comparison by Years of Experience / Geothermal Engineer / Toronto
How do experience and age affect pay?
| 0 - 2 Years | 83,600 CAD | |
| 2 - 5 Years | +26% | 106,000 CAD |
| 5 - 10 Years | +32% | 139,000 CAD |
| 10 - 15 Years | +18% | 164,000 CAD |
| 15 - 20 Years | +11% | 181,000 CAD |
| 20+ Years | +6% | 193,000 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 Geothermal Engineer and this is what we found.
Employees with less than two years of experience earn approximately 83,600 CAD.
While someone with an experience level between two and five years is expected to earn 106,000 CAD, 26% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 139,000 CAD, 32% 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 164,000 CAD, 18% 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 181,000 CAD, 11% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 193,000 CAD, 6% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Geothermal Engineer / Toronto
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Geothermal Engineer.
| High School | 82,300 CAD | |
| Certificate or Diploma | +16% | 95,300 CAD |
| Bachelor's Degree | +24% | 119,000 CAD |
| Master's Degree | +47% | 174,000 CAD |
| PhD | +13% | 196,000 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 Geothermal Engineer in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 82,300 CAD.
Level 2: Certificate or Diploma
At this level, the average salary becomes 95,300 CAD, 16% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 119,000 CAD, 24% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 174,000 CAD, 47% more than the previous level.
Level 5: PhD
At this level, the average salary becomes 196,000 CAD, 13% 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 / Geothermal 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 Geothermal Engineer in Canada, the average difference between the salary of male and female employees is 5%.
| Male | 132,000 CAD | |
| Female | -5% | 125,000 CAD |
Salary Comparison By Gender in Canada for all Careers
Average Annual Salary Increment Percentage / Geothermal Engineer / Toronto
How much are annual salary increments in Toronto for individuals working as Geothermal Engineer? How often do employees get salary raises?
Individuals working as Geothermal 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 / Geothermal Engineer / Canada
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/canada/oil-gas-energy-mining/geothermal-engineer/annual-salary-bonus-rate-canada-geothermal-engineer.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 / Geothermal Engineer / Toronto
64 CAD per hourThe average hourly wage (pay per hour) for individuals working as Geothermal Engineer in Toronto is 64 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 Geothermal Engineer in Toronto is 35 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 |
| Oil / Gas / Energy / Mining |  -100% | |
| Assistant Yard Manager | 121,000 CAD | -9% |
| Associate Analyst | 137,000 CAD |  +3% |
| Associate Landman | 57,700 CAD | -57% |
| Auxiliary Equipment Operator | 51,300 CAD | -62% |
| Biomass Plant Technician | 56,700 CAD | -57% |
| Biomass Power Plant Manager | 172,000 CAD | +29% |
| Carbon Capture and Storage Specialist | 128,000 CAD | -4% |
| Chemical Plant Operator | 103,000 CAD | -23% |
| Chief Contract Compliance Engineer | 133,000 CAD | -0% |
| Chief Renewable Energy Officer | 223,000 CAD | +67% |
| Chief Sustainability Officer | 211,000 CAD | +58% |
| Completions Engineer | 117,000 CAD | -12% |
| Cost Controller | 89,300 CAD | -33% |
| Cost Engineer | 115,000 CAD | -14% |
| Crude Oil Marketing Representative | 130,000 CAD | -3% |
| Deep-sea Mining Engineer | 138,000 CAD | +3% |
| Dispatcher | 49,600 CAD | -63% |
| Distribution Manager | 161,000 CAD | +21% |
| Dragline Operator | 58,900 CAD | -56% |
| Driller Offsider | 44,400 CAD | -67% |
| Dump Truck Driver | 48,600 CAD | -64% |
| Electric and Gas Operations Manager | 283,000 CAD | +110% |
| Energy Advisor | 195,000 CAD | +46% |
| Energy Analyst | 177,000 CAD | +33% |
| Energy Auditor | 149,000 CAD | +12% |
| Energy Dispatch Director | 204,000 CAD | +53% |
| Energy Efficiency Auditor | 127,000 CAD | -5% |
| Energy Efficiency Consultant | 143,000 CAD | +7% |
| Energy Modeler | 121,000 CAD | -9% |
| Energy Policy Analyst | 120,000 CAD | -10% |
| Energy Storage Engineer | 131,000 CAD | -2% |
| Energy Technical Assistant | 78,600 CAD | -41% |
| Energy Technical Manager | 154,000 CAD | +15% |
| Energy Technical Support Manager | 154,000 CAD | +15% |
| Energy Technical Trainer | 105,000 CAD | -21% |
| Engineering Geologist | 213,000 CAD | +60% |
| Exploration Manager | 219,000 CAD | +64% |
| Field Safety Auditor | 138,000 CAD | +3% |
| Fluids Engineer | 112,000 CAD | -16% |
| Fuel Cell Engineer | 130,000 CAD | -3% |
| Fuel Cell Technician | 59,400 CAD | -55% |
| Fuels Handler | 56,100 CAD | -58% |
| Gas Compressor Operator | 54,300 CAD | -59% |
| Gas Distribution Plant Operator | 96,400 CAD | -28% |
| Gas Supply Manager | 175,000 CAD | +31% |
| Geologist | 220,000 CAD | +65% |
| Geophysicist | 221,000 CAD | +66% |
| Geothermal Engineer | 133,000 CAD | -0% |
| Geothermal Production Manager | 202,000 CAD | +51% |
| Geothermal Technician | 87,500 CAD | -34% |
| HSE Engineer | 126,000 CAD | -6% |
| HSE Officer | 73,200 CAD | -45% |
| HSE Supervisor | 85,500 CAD | -36% |
| HSEQ Administrator | 89,700 CAD | -33% |
| Hydrogen Fuel Cell Engineer | 140,000 CAD | +5% |
| Inspector | 114,000 CAD | -15% |
| Instructor | 98,800 CAD | -26% |
| Instrument Designer | 93,500 CAD | -30% |
| Lead Technical Field Advisor | 166,000 CAD | +24% |
| Lithium Ion Battery Engineer | 111,000 CAD | -17% |
| Logistics and Tool Coordinator | 107,000 CAD | -20% |
| Maintenance Engineer | 127,000 CAD | -5% |
| Maintenance Superintendent | 111,000 CAD | -17% |
| Material Controller | 83,000 CAD | -38% |
| Methane Detection and Mitigation Specialist | 115,000 CAD | -14% |
| Mine Engineer | 113,000 CAD | -15% |
| Mine Surveyor | 137,000 CAD | +3% |
| Mining Project Administrator | 109,000 CAD | -18% |
| Mining Project Assistant | 85,000 CAD | -36% |
| Mining Project Controls Consultant | 129,000 CAD | -3% |
| Mining Project Coordinator | 107,000 CAD | -20% |
| Mining Project Engineer | 121,000 CAD | -9% |
| Mining Project Manager | 157,000 CAD | +18% |
| Mining Site Manager | 162,000 CAD | +21% |
| Mining Team Leader | 123,000 CAD | -8% |
| Natural Gas Engineer | 138,000 CAD | +3% |
| NDT Technician | 75,300 CAD | -44% |
| Net Zero Energy Consultant | 166,000 CAD | +24% |
| Oil Service Unit Operator | 61,600 CAD | -54% |
| Oil Trader | 158,000 CAD | +18% |
| Oilwell Pumper | 46,700 CAD | -65% |
| Petroleum Engineer | 137,000 CAD | +3% |
| Petroleum Geologist | 214,000 CAD | +60% |
| Petroleum Pump System Operator | 68,800 CAD | -48% |
| Petroleum Technician | 73,900 CAD | -45% |
| Photovoltaic Engineer | 140,000 CAD | +5% |
| Pipeline Technician | 48,500 CAD | -64% |
| Power Coordinator | 73,000 CAD | -45% |
| Power Plant Operations Manager | 238,000 CAD | +78% |
| Power Plant Operator | 98,200 CAD | -26% |
| Radio Operator | 55,600 CAD | -58% |
| Reliability Engineer | 113,000 CAD | -15% |
| Renewable Energy Consultant | 182,000 CAD | +36% |
| Renewable Energy Engineer | 145,000 CAD | +9% |
| Renewable Energy Policy Analyst | 143,000 CAD | +7% |
| Reservoir Engineer | 112,000 CAD | -16% |
| Risk Analyst | 153,000 CAD | +15% |
| Roughneck | 119,000 CAD | -11% |
| Scaffolder | 79,400 CAD | -40% |
| Shutdown Engineer | 103,000 CAD | -23% |
| Smart Grid Analyst | 137,000 CAD | +3% |
| Smart Grid Engineer | 133,000 CAD | -0% |
| Solar Energy Installation Manager | 181,000 CAD | +36% |
| Solar Energy Systems Engineer | 122,000 CAD | -9% |
| Solar Photovoltaic Installer | 81,700 CAD | -39% |
| Solar Thermal Technician | 74,500 CAD | -44% |
| Supply Operations Manager | 203,000 CAD | +52% |
| Sustainability Analyst | 161,000 CAD | +21% |
| Sustainability Architect | 150,000 CAD | +12% |
| Sustainability Specialist | 194,000 CAD | +45% |
| Sustainable Energy Consultant | 155,000 CAD | +16% |
| System Development Advisor | 144,000 CAD | +8% |
| Tanker Truck Driver | 48,100 CAD | -64% |
| Unconventional Oil and Gas Engineer | 126,000 CAD | -6% |
| Utility Operator | 66,300 CAD | -50% |
| Waste-to-Energy Specialist | 172,000 CAD | +29% |
| Wind Energy Project Manager | 169,000 CAD | +27% |
| Wind Farm Technician | 88,500 CAD | -34% |
| Wind Turbine Technician | 98,800 CAD | -26% |
Salary Comparison By City
| City | Average Salary |
| Toronto | 133,000 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 Geothermal Engineer in Toronto?
A good and competitive compensation would range anywhere between 119,000 CAD and 135,000 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 Geothermal Engineer in Toronto ranges from 72,000 CAD to 99,700 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
