Medical Equipment Preparer Average Salary in Toronto 2024
How much money does a person working as Medical Equipment Preparer make in Toronto?
LOW
49,800
CAD AVERAGE
102,000
CAD HIGH
159,000
CAD
A person working as Medical Equipment Preparer in Toronto typically earns around 102,000 CAD. Salaries range from 49,800 CAD (lowest) to 159,000 CAD (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Medical Equipment Preparer salaries in Toronto vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Medical Equipment Preparer Pay Scale and Salaries in Toronto
Salary Structure and Pay Scale Comparison
94,300 CAD or more
83,300 to 94,300 CAD
59,100 CAD or less
59,100 to 83,300 CAD
 49,800 CAD |
94,800 CAD |
159,000 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 Medical Equipment Preparer in Toronto range from 49,800 CAD (starting salary) to 159,000 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 94,800 CAD, half of the professionals who work as Medical Equipment Preparer 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 Medical Equipment Preparer in Toronto earn less than 77,500 CAD, while 75% earn more. Similarly, the chart shows that 75% earn less than 108,000 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 Medical Equipment Preparer in Toronto compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 59,100 CAD to 83,300 CAD. About 20% of salaries are below the 59,100 CAD mark, while 10% fall within the range of 83,300 CAD to 94,300 CAD. Only 5% of individuals have salaries exceeding 94,300 CAD.
Salary Comparison by Years of Experience / Medical Equipment Preparer / Toronto
How do experience and age affect pay?
| 0 - 2 Years | 59,100 CAD | |
| 2 - 5 Years | +29% | 75,900 CAD |
| 5 - 10 Years | +38% | 105,000 CAD |
| 10 - 15 Years | +24% | 130,000 CAD |
| 15 - 20 Years | +7% | 139,000 CAD |
| 20+ Years | +7% | 148,000 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 Medical Equipment Preparer and this is what we found.
Employees with less than two years of experience earn approximately 59,100 CAD.
While someone with an experience level between two and five years is expected to earn 75,900 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 105,000 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 130,000 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 139,000 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 148,000 CAD, 7% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Medical Equipment Preparer / Toronto
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Medical Equipment Preparer.
| Bachelor's Degree | 73,700 CAD | |
| Master's Degree | +60% | 118,000 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 Medical Equipment Preparer in order to make a comparison.
Level 1: Bachelor's Degree
Employees at this education level have an average salary of 73,700 CAD.
Level 2: Master's Degree
At this level, the average salary becomes 118,000 CAD, 60% 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 / Medical Equipment Preparer / 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 Medical Equipment Preparer in Canada, the average difference between the salary of male and female employees is 5%.
| Male | 92,700 CAD | |
| Female | -4% | 88,500 CAD |
Salary Comparison By Gender in Canada for all Careers
Average Annual Salary Increment Percentage / Medical Equipment Preparer / Toronto
How much are annual salary increments in Toronto for individuals working as Medical Equipment Preparer? How often do employees get salary raises?
Individuals working as Medical Equipment Preparer 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 / Medical Equipment Preparer / Canada
How much and how often are bonuses being awarded?
Share This Chart Tweet Get Chart Linkhttp://www.salaryexplorer.com/charts/canada/health-and-medical/healthcare-technical/medical-equipment-preparer/annual-salary-bonus-rate-canada-medical-equipment-preparer.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 / Medical Equipment Preparer / Toronto
49 CAD per hourThe average hourly wage (pay per hour) for individuals working as Medical Equipment Preparer in Toronto is 49 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 Medical Equipment Preparer in Toronto is 24 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 |
| Health and Medical |  -100% | |
| Academic Clinician | 264,000 CAD |  +160% |
| Admitting Officer | 96,000 CAD | -6% |
| Ambulance Attendant | 108,000 CAD | +6% |
| Ambulance Dispatcher | 96,400 CAD | -5% |
| Ambulance Driver | 93,900 CAD | -8% |
| Ambulance Officer and Paramedic | 103,000 CAD | +1% |
| Ambulatory Services Director | 202,000 CAD | +99% |
| Anatomic Pathology Supervisor | 231,000 CAD | +130% |
| Anesthesia Technician | 139,000 CAD | +37% |
| Anesthesiologist | 408,000 CAD | +300% |
| Anesthesiology Assistant | 137,000 CAD | +35% |
| Artificial Intelligence Healthcare Specialist | 176,000 CAD | +73% |
| Assistant Optometrist | 113,000 CAD | +11% |
| Audiologist | 242,000 CAD | +140% |
| Biohacking Expert | 210,000 CAD | +110% |
| Biomedical Engineering Director | 189,000 CAD | +86% |
| Biomedical Engineering Technician | 95,100 CAD | -6% |
| Cardiac Technician | 88,000 CAD | -13% |
| Cardiovascular Specialist | 492,000 CAD | +380% |
| Cardiovascular Technologist | 198,000 CAD | +95% |
| Central Service Technician | 115,000 CAD | +13% |
| Central Sterile Processing Technician | 112,000 CAD | +10% |
| Certified Clinical Research Coordinator | 120,000 CAD | +18% |
| Certified Respiratory Therapist | 208,000 CAD | +100% |
| Charge Entry Specialist | 127,000 CAD | +25% |
| Clinical Application Specialist | 118,000 CAD | +16% |
| Clinical Biochemist | 220,000 CAD | +120% |
| Clinical Cytogeneticist | 198,000 CAD | +95% |
| Clinical Data Reviewer | 125,000 CAD | +23% |
| Clinical Development Specialist | 150,000 CAD | +48% |
| Clinical Documentation Specialist | 201,000 CAD | +98% |
| Clinical Field Associate | 127,000 CAD | +25% |
| Clinical Genetic Technologist | 193,000 CAD | +90% |
| Clinical Laboratory Technician | 114,000 CAD | +12% |
| Clinical Microbiologist | 250,000 CAD | +150% |
| Clinical Molecular Geneticist | 221,000 CAD | +120% |
| Clinical Neuropsychologist | 277,000 CAD | +170% |
| Clinical Research Coordinator | 147,000 CAD | +45% |
| Clinical Scientist | 260,000 CAD | +160% |
| Clinician | 229,000 CAD | +130% |
| CME Specialist | 212,000 CAD | +110% |
| Contact Tracer | 108,000 CAD | +6% |
| CT Technologist | 116,000 CAD | +14% |
| Cytogenetic Technologist | 184,000 CAD | +81% |
| Diagnostic Medical Sonographer | 156,000 CAD | +53% |
| Dispensing Optician | 115,000 CAD | +13% |
| Dosimetrist | 165,000 CAD | +62% |
| EKG Technician | 122,000 CAD | +20% |
| Endoscopic Assistant | 104,000 CAD | +2% |
| Endoscopy Technician | 107,000 CAD | +5% |
| Enterostomal Therapist | 165,000 CAD | +62% |
| Epidemiologist | 216,000 CAD | +110% |
| FGP Ultrasound Techncian | 107,000 CAD | +5% |
| Geriatric Care Technologist | 182,000 CAD | +79% |
| Health Data Analyst | 122,000 CAD | +20% |
| Health Informatics Specialist | 133,000 CAD | +31% |
| Health Information Exchange Specialist | 145,000 CAD | +43% |
| Health Systems Specialist | 155,000 CAD | +52% |
| Health Technologist | 167,000 CAD | +64% |
| Healthcare Data Analyst | 135,000 CAD | +33% |
| Healthcare Data Scientist | 176,000 CAD | +73% |
| Healthcare Information Technology Specialist | 173,000 CAD | +70% |
| Healthcare Robotics Engineer | 129,000 CAD | +27% |
| Hearing Aid Specialist | 134,000 CAD | +32% |
| Hemodialysis Technician | 127,000 CAD | +25% |
| Histology Technician | 113,000 CAD | +11% |
| Histotechnologist | 166,000 CAD | +63% |
| ICD-10 Coder | 87,100 CAD | -14% |
| Immunologist | 237,000 CAD | +130% |
| Industrial Hygienist | 166,000 CAD | +63% |
| Infection Control Coordinator | 128,000 CAD | +26% |
| Infection Control Practitioner | 274,000 CAD | +170% |
| Infection Preventionist | 188,000 CAD | +85% |
| Informatics Practice Specialist | 153,000 CAD | +50% |
| Interventional Radiographer | 205,000 CAD | +100% |
| Lab Assistant | 95,200 CAD | -6% |
| Laboratory Manager | 188,000 CAD | +85% |
| Laboratory Supervisor | 172,000 CAD | +69% |
| Laboratory Technician | 94,800 CAD | -7% |
| Low Vision Therapist | 230,000 CAD | +130% |
| Mammography Technician | 98,000 CAD | -4% |
| Medical Coder | 91,800 CAD | -10% |
| Medical Courier | 68,800 CAD | -32% |
| Medical Equipment Preparer | 102,000 CAD | +0% |
| Medical Forms Designer | 84,300 CAD | -17% |
| Medical Physicist | 293,000 CAD | +190% |
| Medical Technologist | 111,000 CAD | +9% |
| MRI Technologist | 107,000 CAD | +5% |
| Music Therapist | 147,000 CAD | +45% |
| Neonatologist | 282,000 CAD | +180% |
| Neurodiagnostic Techncian | 101,000 CAD | -1% |
| Neuropsychology Testing Assistant | 96,700 CAD | -5% |
| Nuclear Medical Technician | 143,000 CAD | +41% |
| Nuclear Medicine Technolgoist | 139,000 CAD | +37% |
| Nutrition Assistant | 104,000 CAD | +2% |
| Occupaitional Therapy Assistant | 113,000 CAD | +11% |
| Operating Room Scheduler | 100,000 CAD | -2% |
| Operating Room Services Director | 299,000 CAD | +190% |
| Ophthalmic Assistant | 106,000 CAD | +4% |
| Ophthalmic Laboratory Technician | 113,000 CAD | +11% |
| Ophthalmic Medical Technician | 108,000 CAD | +6% |
| Ophthalmic Technologist | 115,000 CAD | +13% |
| Optician | 232,000 CAD | +130% |
| Orthopedic Technician | 107,000 CAD | +5% |
| Orthoptist | 309,000 CAD | +200% |
| Orthotist | 297,000 CAD | +190% |
| Pathology Assistant | 106,000 CAD | +4% |
| Perfusionist | 327,000 CAD | +220% |
| Phlebotomist | 82,100 CAD | -19% |
| Phlebotomy Technician | 79,200 CAD | -22% |
| Positron Emission Tomography Technologist | 133,000 CAD | +31% |
| Pre Authorization Case Manager | 147,000 CAD | +45% |
| Prosthetist | 236,000 CAD | +130% |
| Radiation Therapist | 356,000 CAD | +250% |
| Radiation Therapy Technologist | 150,000 CAD | +48% |
| Radiographer | 245,000 CAD | +140% |
| Radiography Technologist | 144,000 CAD | +42% |
| Radiologic Technologist | 142,000 CAD | +40% |
| Radiology Technologist | 153,000 CAD | +50% |
| Remote Patient Monitoring Specialist | 137,000 CAD | +35% |
| Respiratory Care Practitioner | 284,000 CAD | +180% |
| Respiratory Therapist | 215,000 CAD | +110% |
| Respiratory Therapy Technician | 120,000 CAD | +18% |
| Robotics Surgical Technician | 158,000 CAD | +55% |
| Sonographer | 148,000 CAD | +46% |
| Sonography Technologist | 156,000 CAD | +53% |
| Speech and Language Pathologist | 231,000 CAD | +130% |
| Telemedicine Specialist | 186,000 CAD | +83% |
| Therapeutics Specialist | 191,000 CAD | +88% |
| Ultrasonographer | 119,000 CAD | +17% |
| Ultrasound Technologist | 113,000 CAD | +11% |
| Vascular Technologist | 104,000 CAD | +2% |
| Virtual / Augmented Reality Medical Training Specialist | 160,000 CAD | +57% |
| X-Ray Technologist | 152,000 CAD | +50% |
Salary Comparison By City
| City | Average Salary |
| Toronto | 102,000 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 Medical Equipment Preparer in Toronto?
A good and competitive compensation would range anywhere between 94,800 CAD and 108,000 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 Medical Equipment Preparer in Toronto ranges from 49,800 CAD to 77,500 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
