Dan D Kim

Let's share stories

Here is how much New Grads in Tech are getting paid in Canada so far in 2021

2021-09-06 Dan D. Kimcareer

My post about highest paying tech companies for new grads in Canada was getting popular. So I thought, why not explore this concept in more detail?

So here it is:

Overview of New Grad Salaries in Tech, 2021

Even though the title says “new grad”, I explore candidates with 0 - 2 years of experience for general comparison

What is the average salary of candidates with 0-2 Years of experience?

Average offer package by years of experience in Canada 2021

How does location affect salary?

Average offers across Canadian provinces to candidates with 0-2 years of experience in 2021

Each province also has their own tax bracket. Here are the after-tax incomes for each province.

Pre & Post-tax income across different Canadian Provinces for candidates with 0-2 Years of Experience in 2021

It’s interesting to note that Alberta has a higher after-tax income than Quebec, despite a lower total income.

How does prior experience affect salary?

Average offer package vs candidate experience across different Canadian provinces in 2021

What’s with Ontario and Quebec? Candidates with no experience are somehow getting higher offers than candidates with some experience. As for Alberta, there simply are no data points for candidates with 1 year of experience.

How have offer packages changed over the years?

Average salary over the years for candidates with 0-2 years of experience between 2018-2021

Offer packages seem to be trending downwards over the years 📉 It’s a little odd. 😕 What happened to inflation? Skyrocketing stock equity?

Let’s take a look at the highest-ever offers.

Highest-ever offers over the years for candidates with 0-2 years of experience between 2018-2021

Highest-ever offers are going up 📈 on the contrary. Interesting. Are the top-dogs getting richer while us normie coders are getting poorer?

A couple hypothesis:

  • more low-paying jobs could have opened up in Canada over the years, which effectively brings down the national average.
    • i.e. startups
  • the highest-ever offers could be coming from companies with stock equity… and as we all know, stocks have been going up, up and up 📈📈📈

So I looked into which companies were offering these highest-ever offers, and…

Companies that give the Highest-ever offers over the years for candidates with 0-2 years of experience between 2018-2021

It turns out that every single one of these highest-ever offers are from tech companies that give stock equities

Meme about seeing new grad salaries

20 Top-Paying companies

Companies in Canada that offered the highest salaries to Candidates with 0-2 years of experience in 2021

Highest-ever offers given from popular companies in Canada to candidates with 0-2 years of experience in 2021

Notes

About the data

  • data is from levels.fyi
  • 406 data points for 2018-2021 offers
  • 181 data points for only 2021 offers
  • data date spans from 2018 May - 2021 September

Tools Used

Author notes

  • data may be skewed towards the high-end earners, as it’s more likely for high-income earners to boast and post their competitive salaries online
  • money isn’t everything
  • if there is anything you feel is missing in this post, let me know at dougouk@gmail.com

Feeling a little suprised at how high the salaries are? Me too. But hey, I also have data on the lowest paying companies… So if you need to look at the dark side and feel better, let me know at dougouk@gmail.com and I’ll shoot you some charts.

Until next time!