Median Salary: $87,360
Change in salary (2007–2013): +14%
Total employees: 29,500
Canada’s aging population is fuelling the growth of the health care industry as Baby Boomers reach retirement age. By 2020, about 20% of Canadians will be over age 65, which means jobs in health-care management—a variety of positions ranging from research lab managers to nursing-home administrators.
How to qualify: Most laboratory managers have a degree in science and subsequent training at a college, university or technical institute. Business management degrees are becoming increasingly valued, so consider additional training.
Money: Salaries typically range from about $85,000 to $105,000, and some receive premiums for postsecondary education or working evenings and weekends.
Opportunity: On the technical side of health management, one of the biggest areas of growth is genetic testing. Reports suggest that by 2017 genetic laboratory budgets will consume up to two-thirds of total laboratory budgets, with the rise of personalized medicine.
What it’s like: Angelo Fefekos, who recently became Director of Quality Assurance at Markham, Ont.-based MedReleaf Corp. and previously managed a lab at Toronto’s Mount Sinai Hospital says the work of a health-sector manager requires making “tough yes-or-no decisions” to ensure the best delivery of laboratory services. “The biggest challenge is to constantly inspire a large group of staff towards a common goal.”