Compensation Survey

2008 Compensation Survey Results

Member response to APEGBC's 2008 online compensation survey was excellent – over 2,300 members from across BC, the rest of Canada, and around the world took time to provide valuable information on their professional compensation and benefits.

Analysis of the data suggests that compensation for APEGBC members has more than kept up with inflation since the last compensation survey undertaken in 2006. An examination of total annual compensation by responsibility point range for all valid respondents primarily working in BC shows that, on average, the median compensation for these APEGBC members has increased by 7.4% from 2006 to 2008, or 3.7% annually with many categories having seen even greater increases. This is almost 32.6% higher than the average annual Canadian inflation rate of 2.79% for the period July 2006 to July 2008 as reported by the Bank of Canada.

The accompanying table provides information on median total compensation values by responsibility point range and compares this with the 2006 figures. If you have not already done so, you can determine your own responsibility point value by using APEGBC's Online Employment Responsibility Evaluation. Please refer to the Benchmark Employment Descriptions to confirm the accuracy of your responsibility point level assessment.

2008 Report on Members' Compensation and Benefits - Now Available

Reported total annual compensation by responsibility point level – June 2008
*Total annual compensation includes: base salary/annum plus taxable benefits (bonus, commission, overtime, profit sharing)