Hairstylists in Canada typically take roughly 53,000 CAD per year. Salaries range from 24,900 to 83,800 Canadian dollars (highest). This is the average annual wage,
Hairstylists in Canada typically take roughly 53,000 CAD per year. Salaries range from 24,900 to 83,800 Canadian dollars (highest).
This is the average annual wage, which includes housing, transportation, and other perks. The salary for hairstylists varies greatly depending on experience, skills, gender, and location. A full breakdown based on a variety of parameters may be found below.
Salary Distribution of Hair Stylists in Canada
The median, maximum, minimum, and range are all numbers.
The median annual pay for Hair Stylist(s) is 56,200 CAD, which indicates that half of those employed as Hairstylists (s) make less than 56,200 CAD and the other half earn more. The middle wage value is represented by the median.
In general, you want to be on the right side of the graph, in the group that earns more than the median pay.
In Canada, hairstylist wages range from 24,900 CAD per year (lowest income) to 83,800 CAD per year (highest salary) (maximum salary).
Two values are closely related to the median: the 25th and 75th percentiles. According to the pay distribution diagram, 25% of Hair Stylists earn less than 36,500 CAD, while 75% earn more than 36,500 CAD.
According to the graph, 75 percent of Hair Stylists earn less than 74,200 CAD, while 25 percent earn more than 74,200 CAD.
What is the Difference Between the Median and the Average salary?
They’re both indicators. You’re doing well if your pay is higher than both the average and the median. If your pay is lower than both, many others make more than you and you have the potential to grow. Things can get difficult if your wage falls anywhere between the average and the median.
Salary of a Hair Stylist based on Years of Experience
How do experience and age affect your pay?
The most essential criterion in establishing the wage is the amount of experience. Naturally, the longer you have worked, the bigger your payment will be. This is what we discovered after breaking down Hair Stylist salaries by the degree of expertise.
A Hair Stylist with less than two years of experience earns around 28,700 Canadian dollars per year.
Someone with two to five years of experience can expect to make 39,600 CAD per year, which is 38% more than someone with less than two years of experience.
Moving forward, someone with five to 10 years of experience earns 56,400 CAD each year, which is 42 percent more than someone with two to five years of experience.
Additionally, Hair Stylists with ten to fifteen years of experience earn 68,800 CAD a year, which is 22% more than someone with five to ten years of experience.
If you have fifteen to twenty years of experience, you can expect to earn 72,600 CAD per year, which is 6% more than someone with ten to fifteen years of experience.
Finally, individuals with more than twenty years of professional experience earn 79,100 CAD per year, which is 9% more than those with fifteen to twenty years.
Salary of a Hair Stylist Based on Education
What effect does education have on pay?
We all know that a better education translates to a greater wage, but how much more money can you earn with a degree? To provide a comparison, we split down Hair Stylist earnings by education level.
A Hair Stylist’s average annual wage is 36,100 CAD when they have completed high school.
A person with a Certificate or Diploma earns 65,500 CAD each year, which is 82 percent more than someone with a High School diploma.
Salary Comparison of Hair Stylists by Gender
Even though gender should have no bearing on salary, it does. So, who makes more money, men or women? On average, men hairstylists in Canada make 5% less than their female counterparts.
Average Annual Salary Increase Percentage for Hair Stylists in Canada
What are the annual wage increases for hairstylists in Canada? How frequently do employees receive pay raises?
Hair Stylists in Canada can expect an annual wage rise of about 11% every 15 months. Employees receive a 9% yearly raise on average every 15 months across all occupations.
Bonuses & Incentive Rates for Hair Stylists in Canada
How much and how frequently are bonuses given out?
With exceptions, a Hair Stylist is considered moderate bonus-based employment because of the little engagement indirect income generating. Those that receive the largest incentives are frequently involved in the revenue creation cycle in some way.
In the preceding year, 41% of polled employees claimed they had received no bonuses or incentives, while 59 percent stated they had gotten at least one monetary bonus.
Bonuses ranged from 2% to 7% of a person’s annual pay, according to those who received them.
Average Hourly Wage of a Hair Stylist in Canada
In Canada, the average hourly rate (pay per hour) is 25 CAD. This means that for every hour worked, the average Hair Stylist in Canada earns about 25 CAD.
The hourly pay is the amount of money earned in one hour of labor. Jobs are typically divided into two categories: salaried and hourly.
Salaried positions offer a set salary regardless of the number of hours performed. Hourly jobs pay per hour worked. The above formula is used to convert salary to hourly wage (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs).
Depending on the number of hours worked per week and the annual vacation allowance, the hourly wage computation may fluctuate slightly.
The statistics above are fair approximations and are regarded as the industry standard. Overtime eligibility is a significant distinction between salaried and hourly employees. In contrast to hourly paid employees, salaried employees are usually exempt from overtime.
Being a hairstylist in any part of the world, especially in Canada requires discipline, hard work, consistency, and dedication to the craft or skillset.
Good money management skill is also required in other to scale up the business to a whole new level.