Recruitment firm Morgan McKinley has revealed five of the highest paying technology leadership jobs, and five of the highest paying technology jobs at a non-leadership level in Canada for 2022.
The list has been created according to the pay data collected for Morgan McKinley’s recently launched Salary Guide and includes roles from the IT/Technology industry that they regularly recruit for across Canada.
“Senior level Engineers have been the most in demand and, as a result, the hardest to find. There is a big shortage at the senior/principal level within Engineering, and those that are already in roles are very well compensated so it’s hard to head hunt them out of their current company. It’s a candidate driven market at the moment, and top engineers are aware that various niche tech skills offer a premium price tag,” commented Ian Kinsella, Managing Director of Morgan McKinley Canada.
“So what is now deemed a high impact position with no management responsibilities can often get paid as much as a tech leader. In some cases more.”
Five of the highest paying technology executive level roles:
- Chief Technology Officer (large company) – $250K to $400K
- Chief Information Security Officer (CISO) – $175K to $280K
- VP of Engineering – $160K to $250K
- VP of Product – $160K to $240K
- VP of Design / Head of Design – $160K to $240K
Five of the highest paying technology non-executive level roles:
- Principal Software Engineer – $200K to $250K
- Site Reliability Engineer – $150K to $210K
- Staff Software Engineer – $150K – $170K
- Senior Product Manager – $130K to $160K
- Mobile Engineer (iOS/Android) – $130K to $160K
Kinsella continues, “People are getting paid a lot more in certain areas and getting offered huge flexibility around their work week. There is no such thing really as a ‘9-5 work day’ anymore, it’s more ‘get as much done as you can, when you can’.”
“Whilst US companies continue to pay a lot more than is seen in Canada, salaries will carry on inflating. We expect to see 5% increases as relatively common for 2022, with some high impact roles going as high as 20/30% more.”
“This said, job seekers should be mindful of not being blinded too much by the lights. Companies that pay over the odds for talent may well be hiding their culture behind money. Burnout has become a real problem since the pandemic and if you start with a high price tag you will need to live up to that.”