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Inventory Accountant Average Salary in Yukon 2024

How much money does a person working as Inventory Accountant make in Yukon?


Average Yearly Salary
80,300 CAD
( 6,690 CAD monthly)

LOW
40,900
CAD
AVERAGE
80,300
CAD
HIGH
124,000
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 Inventory Accountant in Yukon typically earns around 80,300 CAD. Salaries range from 40,900 CAD (lowest) to 124,000 CAD (highest).


Salary Variance

This is the average salary including housing, transport, and other benefits. Inventory Accountant salaries in Yukon vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.



Inventory Accountant Pay Scale and Salaries in Yukon

Median and salary distribution Yukon Inventory Accountant yearly
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Salary Structure and Pay Scale Comparison

5% of people earn
73,300 CAD or more
10% of people earn
65,100 to 73,300 CAD
20% of people earn
47,100 CAD or less
65% of people earn
47,100 to 65,100 CAD
Minimum Salary
40,900 CAD
Median
73,600 CAD
Maximum
124,000 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 Inventory Accountant in Yukon range from 40,900 CAD (starting salary) to 124,000 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 73,600 CAD, half of the professionals who work as Inventory Accountant in Yukon 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 Inventory Accountant in Yukon earn less than 60,800 CAD, while 75% earn more. Similarly, the chart shows that 75% earn less than 83,700 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 Inventory Accountant in Yukon compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 47,100 CAD to 65,100 CAD. About 20% of salaries are below the 47,100 CAD mark, while 10% fall within the range of 65,100 CAD to 73,300 CAD. Only 5% of individuals have salaries exceeding 73,300 CAD.

Salary Comparison by Years of Experience / Inventory Accountant / Yukon

How do experience and age affect pay?

0 - 2 Years
45,900 CAD
2 - 5 Years+31%
59,900 CAD
5 - 10 Years+40%
83,900 CAD
10 - 15 Years+20%
101,000 CAD
15 - 20 Years+9%
110,000 CAD
20+ Years+8%
118,000 CAD
Percentage increase and decrease are relative to the previous value
Salary comparison by years of experience yearly Yukon Inventory Accountant
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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 Inventory Accountant 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 45,900 CAD.

While someone with an experience level between two and five years is expected to earn 59,900 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 83,900 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 101,000 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 110,000 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 118,000 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 / Inventory Accountant / Yukon

How do education levels affect salaries?

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

High School
55,000 CAD
Certificate or Diploma+15%
63,300 CAD
Bachelor's Degree+41%
88,900 CAD
Master's Degree+29%
114,000 CAD
Percentage increase and decrease are relative to the previous value
Salary comparison by education level yearly Yukon Inventory Accountant
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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 Inventory Accountant in order to make a comparison.


Level 1: High School

Employees at this education level have an average salary of 55,000 CAD.


Level 2: Certificate or Diploma

At this level, the average salary becomes 63,300 CAD, 15% more than the previous level.


Level 3: Bachelor's Degree

At this level, the average salary becomes 88,900 CAD, 41% more than the previous level.


Level 4: Master's Degree

At this level, the average salary becomes 114,000 CAD, 29% 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 Comparison By Education Level
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Salary and Compensation Comparison By Gender / Inventory Accountant / Yukon

Salary comparison by gender Canada Inventory Accountant 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 Inventory Accountant in Canada, the average difference between the salary of male and female employees is 5%.

Male
88,900 CAD
Female-5%
84,800 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 / Inventory Accountant / Yukon

How much are annual salary increments in Yukon for individuals working as Inventory Accountant? How often do employees get salary raises?

Individuals working as Inventory Accountant 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 Inventory Accountant
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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 / Inventory Accountant / Canada

How much and how often are bonuses being awarded?Annual Salary Bonus Rate Canada Inventory Accountant
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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 / Inventory Accountant / Yukon


39 CAD per hour

The average hourly wage (pay per hour) for individuals working as Inventory Accountant in Yukon is 39 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 Inventory Accountant in Yukon is 20 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
Accounting and Finance-100%
Account Examiner57,500 CAD-28%
Account Executive93,200 CAD+16%
Accountant74,200 CAD-8%
Accounting Analyst97,600 CAD+22%
Accounting Assistant59,700 CAD-26%
Accounting Associate52,400 CAD-35%
Accounting Clerk46,200 CAD-42%
Accounting Coordinator69,000 CAD-14%
Accounting Head148,000 CAD+84%
Accounting Manager158,000 CAD+97%
Accounting Officer54,800 CAD-32%
Accounting Specialist103,000 CAD+28%
Accounting Supervisor106,000 CAD+32%
Accounting Technician53,000 CAD-34%
Accounting Unit Controller124,000 CAD+55%
Accounts Executive95,900 CAD+19%
Accounts Officer61,100 CAD-24%
Accounts Payable and Receivable Specialist80,900 CAD+1%
Accounts Payable Assistant60,300 CAD-25%
Accounts Payable Associate68,200 CAD-15%
Accounts Payable Clerk56,900 CAD-29%
Accounts Payable Manager155,000 CAD+93%
Accounts Receivable Administrator110,000 CAD+37%
Accounts Receivable Clerk54,300 CAD-32%
Accounts Receivable Financial Analyst110,000 CAD+37%
Accounts Receivable Manager146,000 CAD+82%
Accounts Receivable Team Leader113,000 CAD+41%
Algorithmic Trading Specialist140,000 CAD+74%
Assistant Accountant57,200 CAD-29%
Assistant Accounting Manager140,000 CAD+74%
Assistant Auditor77,400 CAD-4%
Assistant Corporate Controller99,800 CAD+24%
Assistant Finance Manager154,000 CAD+92%
Assistant Financial Controller107,000 CAD+33%
Audit Director182,000 CAD+130%
Audit Supervisor142,000 CAD+77%
Auditing Clerk61,100 CAD-24%
Auditing Manager163,000 CAD+100%
Billing Clerk57,300 CAD-29%
Billing Coordinator70,400 CAD-12%
Billing Specialist85,000 CAD+6%
Billing Supervisor118,000 CAD+47%
Bookkeeper52,000 CAD-35%
Bookkeeping Specialist72,300 CAD-10%
Budget Analyst126,000 CAD+57%
Budget Manager156,000 CAD+94%
Business Support Analyst87,200 CAD+9%
Capital Markets Associate118,000 CAD+47%
Cash Flow Analyst117,000 CAD+46%
Cash Management Manager157,000 CAD+96%
Cash Management Officer84,900 CAD+6%
Cashbook Clerk53,000 CAD-34%
Chartered Accountant97,000 CAD+21%
Chief Accountant117,000 CAD+46%
Chief Financial Technology Officer156,000 CAD+94%
Collections Clerk48,600 CAD-39%
Collections Representative67,000 CAD-17%
Collections Specialist80,300 CAD+0%
Corporate Controller121,000 CAD+51%
Corporate Treasurer151,000 CAD+88%
Cost Accountant79,300 CAD-1%
Cost Accounting Manager145,000 CAD+81%
Cost Accounting Supervisor127,000 CAD+58%
Cost Analyst120,000 CAD+50%
Credit and Collection Manager151,000 CAD+88%
Credit and Collection Staff55,900 CAD-30%
Credit and Loans Officer55,800 CAD-30%
Credit Controller100,000 CAD+25%
Credit Manager165,000 CAD+110%
Debt Adviser128,000 CAD+59%
Debt Collector64,000 CAD-20%
Debtors Clerk54,900 CAD-32%
Debtors Controller54,800 CAD-32%
Deputy CFO218,000 CAD+170%
Deputy Head of Finance209,000 CAD+160%
Derivative Trader132,000 CAD+64%
Director of Finance221,000 CAD+180%
E-commerce Accountant83,200 CAD+4%
Economist187,000 CAD+130%
Equity Analyst133,000 CAD+66%
Escrow Assistant65,900 CAD-18%
Executive Accountant81,900 CAD+2%
External Auditor102,000 CAD+27%
Finance Administrator85,700 CAD+7%
Finance Analyst138,000 CAD+72%
Finance Associate65,700 CAD-18%
Finance Data Analyst124,000 CAD+55%
Finance Director229,000 CAD+190%
Finance Executive155,000 CAD+93%
Finance Licensing Clerk54,200 CAD-32%
Finance Licensing Manager147,000 CAD+83%
Finance Licensing Specialist85,800 CAD+7%
Finance Manager223,000 CAD+180%
Finance Officer73,700 CAD-8%
Finance President230,000 CAD+190%
Finance Relationship Manager183,000 CAD+130%
Finance Release Analyst90,600 CAD+13%
Finance Specialist123,000 CAD+53%
Finance Team Leader 172,000 CAD+110%
Financial Accountant73,500 CAD-8%
Financial Actuary114,000 CAD+42%
Financial Administrator122,000 CAD+52%
Financial Advisor138,000 CAD+72%
Financial Analyst138,000 CAD+72%
Financial Applications Specialist94,900 CAD+18%
Financial Assistant62,800 CAD-22%
Financial Associate74,700 CAD-7%
Financial Claims Analyst105,000 CAD+31%
Financial Claims Manager130,000 CAD+62%
Financial Claims Supervisor124,000 CAD+55%
Financial Clerk59,400 CAD-26%
Financial Commercial Analyst110,000 CAD+37%
Financial Compliance Analyst126,000 CAD+57%
Financial Compliance Officer125,000 CAD+56%
Financial Consultant102,000 CAD+27%
Financial Controller124,000 CAD+55%
Financial Coordinator71,900 CAD-10%
Financial Customer Service Manager135,000 CAD+68%
Financial Data Scientist136,000 CAD+69%
Financial Dealer and Broker80,500 CAD+0%
Financial Director234,000 CAD+190%
Financial Encoder62,600 CAD-22%
Financial Manager222,000 CAD+180%
Financial Modelling Analyst135,000 CAD+68%
Financial Operations Manager192,000 CAD+140%
Financial Policy Analyst115,000 CAD+43%
Financial Project Manager151,000 CAD+88%
Financial Quantitative Analyst137,000 CAD+71%
Financial Reporting Consultant105,000 CAD+31%
Financial Reporting Manager142,000 CAD+77%
Financial Section Head143,000 CAD+78%
Financial Services Manager188,000 CAD+130%
Financial Services Sales Agent84,200 CAD+5%
Financial Technology Consultant122,000 CAD+52%
Financial Wellness Coach163,000 CAD+100%
FinTech Analyst127,000 CAD+58%
Fixed Assets Administrator78,300 CAD-2%
Forensic Accountant92,400 CAD+15%
Fraud Detection Supervisor93,500 CAD+17%
Fraud Prevention Manager159,000 CAD+98%
Fund Accountant76,500 CAD-5%
Grants Coordinator54,000 CAD-33%
Green Finance Analyst121,000 CAD+51%
Group Financial Manager228,000 CAD+180%
Internal Auditor100,000 CAD+25%
Internal Control Adviser119,000 CAD+48%
Internal Control Officer67,900 CAD-15%
International Tax Director190,000 CAD+140%
Inventory Accountant80,300 CAD+0%
Investment Advisor199,000 CAD+150%
Investment Analyst151,000 CAD+88%
Investment Associate125,000 CAD+56%
Investment Broker132,000 CAD+64%
Investment Fund Manager171,000 CAD+110%
Investment Operations Manager163,000 CAD+100%
Investment Underwriter66,900 CAD-17%
Investor96,200 CAD+20%
Investor Relations Manager154,000 CAD+92%
KYC Team Leader151,000 CAD+88%
Loan Processor63,800 CAD-21%
Management Accountant89,000 CAD+11%
Management Economist178,000 CAD+120%
Paymaster61,300 CAD-24%
Payroll Administrator96,900 CAD+21%
Payroll Benefits Coordinator82,300 CAD+3%
Payroll Billing Manager140,000 CAD+74%
Payroll Clerk65,900 CAD-18%
Payroll Manager142,000 CAD+77%
Payroll Officer68,500 CAD-15%
Payroll Specialist76,000 CAD-5%
Payroll Supervisor102,000 CAD+27%
Pensions Administrator81,000 CAD+1%
Personal Financial Advisor109,000 CAD+36%
Pricing Analyst129,000 CAD+61%
Private Equity Analyst130,000 CAD+62%
Project Accountant82,900 CAD+3%
Proposal Development Coordinator68,000 CAD-15%
Quantitative Trader105,000 CAD+31%
Receivables Accountant69,300 CAD-14%
Regulatory Accountant83,500 CAD+4%
Retirement Plan Analyst121,000 CAD+51%
Revenue Management Specialist129,000 CAD+61%
Revenue Recognition Analyst140,000 CAD+74%
Risk Management Director175,000 CAD+120%
Risk Management Supervisor148,000 CAD+84%
Staff Accountant71,300 CAD-11%
Tax Accountant72,700 CAD-9%
Tax Administrator80,200 CAD-0%
Tax Advisor116,000 CAD+45%
Tax Analyst120,000 CAD+50%
Tax Associate67,100 CAD-16%
Tax Consultant116,000 CAD+45%
Tax Director173,000 CAD+120%
Tax Examiner84,400 CAD+5%
Tax Manager157,000 CAD+96%
Tax Research Manager161,000 CAD+100%
Teller43,600 CAD-46%
Treasury Accountant79,600 CAD-1%
Treasury Analyst124,000 CAD+55%
Underwriter51,300 CAD-36%
Underwriting Assistant49,600 CAD-38%
Vice President of Finance208,000 CAD+160%

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 Inventory Accountant in Yukon?

A good and competitive compensation would range anywhere between 73,600 CAD and 83,700 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 Inventory Accountant in Yukon ranges from 40,900 CAD to 60,800 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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