VC investments in Canada experience great growth in 2016

Chief compliance officers and investor relations representatives are among the professionals most in demand in Canada, and these professions are likely to see a sizable increase to their starting salaries in 2017, according to a report by the Canadian arm of Robert Half International Inc.

The staffing firm’s salary guide for 2017 indicates that the national average starting salary of a chief compliance officer will probably increase by 3.7% and could range between $154,750 and $200,000 per year. The report predicts that the national average starting salary for an investor relations professional may jump by as much as 3.9% and range from $86,500 to $118,500.

The national average starting salary for overall finance and accounting roles will likely increase by 3.1%, slightly lower than the 3.2% jump that can be expected for jobs in the technology industry. The latter is the largest salary hike by industry.

“Companies continue to seek employees with increasingly specialized skills, most notably in finance and technology, and this demand is driving salary growth,” says Greg Scileppi, president of international staffing operations at Robert Half International. “Professionals with expertise in tax, accounting, compliance, big data and network security are in particularly short supply.

“Building and establishing a team with strength in these areas requires a hiring strategy of attractive, flexible compensation packages and a nimble approach that ensures candidates don’t lose interest during a lengthy hiring process,” he adds.

People working in the law field can expect to see a salary increase of 3.1%, while administrative jobs will likely see a starting salary jump of 3% in 2017. The report also states that those who hold positions in the creative and marketing industry will likely see an increase of 3.1%, although data for that industry is available only from
Ontario.

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