Fanshawe Co-op Salary: A Comprehensive Guide
Are you considering joining Fanshawe College’s Co-op program? If so, you’re likely curious about the potential salary you can expect. In this detailed guide, we’ll explore the various factors that influence co-op salaries at Fanshawe College, including industry, job role, and experience level.
Industry
The salary you can expect in Fanshawe College’s Co-op program largely depends on the industry you choose to work in. Here’s a breakdown of average salaries for some popular industries:
| Industry | Average Salary (CAD) |
|---|---|
| Information Technology | $45,000 – $55,000 |
| Healthcare | $40,000 – $50,000 |
| Business and Finance | $45,000 – $55,000 |
| Engineering | $50,000 – $60,000 |
| Marketing and Communications | $40,000 – $50,000 |
These figures are based on data from previous co-op placements and may vary depending on the specific job role and company.
Job Role
Within each industry, the job role you choose can also significantly impact your salary. Here’s a look at average salaries for some common co-op positions at Fanshawe College:
| Job Role | Average Salary (CAD) |
|---|---|
| Software Developer | $50,000 – $60,000 |
| Medical Lab Technician | $45,000 – $55,000 |
| Accountant | $50,000 – $60,000 |
| Engineer | $55,000 – $65,000 |
| Marketing Specialist | $45,000 – $55,000 |
Keep in mind that these salaries are just averages and can vary based on the specific company, location, and experience level.
Experience Level
Your experience level can also play a significant role in determining your salary. Here’s a breakdown of average salaries based on experience:
| Experience Level | Average Salary (CAD) |
|---|---|
| Entry-Level (0-1 year) | $40,000 – $50,000 |
| Mid-Level (1-3 years) | $50,000 – $60,000 |
| Senior Level (3+ years) | $60,000 – $70,000 |
It’s important to note that these figures are based on data from previous co-op placements and may vary depending on the specific industry and job role.
Additional Factors
Besides industry, job role, and experience level, there are other factors that can influence your salary:
- Location: Salaries can vary significantly depending on the city or province you’re working in. For example, salaries in Toronto are generally higher than those in smaller cities.
- Company Size: Larger companies may offer higher salaries and better benefits than smaller ones.
- Benefits: Some co-op placements include additional benefits such as health insurance, retirement plans, and bonuses.
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