Lannick Associates' Chartered Accountant Salary Survey

SPRING 2007
Year of
Designation
Average
Salary
High
Salary
Average
Bonus
2007 $71,000 $80,000 up to 10%
2006
$76,000
$90,000
up to 15%
2005
$82,500
$100,000
up to 15%
2004
$88,000
$110,000
up to 20%
2003
$96,000
$120,000
up to 20%
2002
$103,500
$125,000
up to 25%
2001
$109,000
$130,000
up to 25%
2000
$114,000
$135,000
up to 25%
1999
$116,250
$145,000
*Variable
1998
$122,000
$150,000
*Variable
* At these levels, the variable compensation component often includes car allowances, RSP contributions and/or stock options as well as a performance bonus.

Lannick Associates specializes in the recruitment of financial professionals and executives with a particular emphasis on Chartered Accountants.

 
  PDF - File

Download (PDF)

PDF of Salary Survey for Spring 2007


PDF documents are an ideal format for downloading and printing, but you will need Adobe Acrobat Reader on your system in order to view and print PDF files. Acrobat Reader is available free from the Adobe Systems Incorporated website.

To download a free copy of the latest version of Acrobat Reader, visit the
Adobe website


In this survey, we only report on the salaries and bonuses of CAs that would be considered above average performers or alternatively, CAs working in high demand areas such as financial reporting or Sarbanes Oxley, just to name two.

In addition, the numbers reported here are primarily reflective of central Toronto extending from the downtown core up to North York. Remuneration tends to drop according to how far out of the core one goes. Someone in Mississauga or Ajax may make 3% to 8% less than their counterpart in the same job located in downtown Toronto.

As usual, please keep in mind the following when using this survey:

  1. Year of designation denotes year of qualification as a Chartered Accountant, not the year of passing the UFE.
  2. Salaries also vary widely as a function of industry sector, company risk/reward factors etc.

Users of this survey are encouraged to contact us directly if they have any questions on how to apply this information.