Canada’s Best Jobs 2014: Methodology

How we built the list

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Canada’s Best Jobs 2014 Full Gallery

To build the list of Canada’s 100 Best Jobs, we used data from Statistics Canada, including jobs that had experienced employment growth over the past five years, had a minimum median salary of $60,000 and employed at least 5,000 people. Rankings are based on four criteria: employment growth (25%), median compensation (based on a 40-hour workweek) in 2013 (40%), the change in median compensation from 2007–08 to 2012–13 (10%), and projected demand for those jobs using data from Human Resources and Skills Development Canada (25%). To account for variations in employment levels, the growth category factors in the percentage change over one, three and five years (three- and five-year rates get 10 percentage points; the one-year change gets five). A few broad non-specific job categories were eliminated.


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3 comments on “Canada’s Best Jobs 2014: Methodology

  1. Could the author of this article please explain in detail why three of the highest-paid jobs in this country–surgeon, physician, and dentist–have been omitted from this list. Their average compensation after subtracting overhead costs is in the range of $300,000, $200,000, and $150,000 respectively in this country. Thank you.

    Reply

    • My previous comment should say median income, not average income. Thanks.

      Reply

    • Hi Eric, thanks for your note. All of the median salary data we use comes from Statistics Canada. You are quite right that surgeons and physicians are well paying careers, but unfortunately the data we use from Statistics Canada doesn’t show that. In fact, if you look at the median salaries for these careers you’ll see they are fairly low. That’s not to say the data is wrong, but clearly it isn’t giving us the full picture either. Most doctors, physicians are technically self employed so they don’t report income the same way. It’s the same reason why entrepreneurs don’t appear on our list: many don’t receive or pay themselves a salary, at least not in the traditional sense.

      We will certainly look to see if there is a way to include more health care jobs on our list in the future, provided we can find a source for the data that is comparable to the job categories provided by Statistics Canada.

      I hope that answers your question. Please let me know if there is anything more I can help with.

      Best,

      Mark

      Reply

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