Toronto is a Canadian city that boasts of abundant and well-paying job opportunities and this is due to its status as the country’s hub of business and finance. However, many graduates are struggling to find the right employment opportunity in their respective fields. Taking into account that the average annual salary a Toronto resident is $66 000, it becomes clear that high cost of living is a significant issue. This implies that having and maintaining a comfortable standard of living would require that one earns at least $90, 000 in a year. If you’re looking to change your old career or start a new one to help with your expenses, this article will provide you with the necessary information to land a high-paying job in Torontoamong other relevant information.
About Working in Toronto
Toronto is one of the cities that have the best employment opportunities due to various industries in the region. It houses numerous large companies and numerous firms and business initiatives, providing a great and competitive job market. This is even more evident in the financial, technology, health, media and entertainment industries. Noteworthy, the workforce is diversified because more than half of the population has been born in a country outside Canada. The work culture is known also to be operative, integrated, and adaptive. However, there are some challenges that are associated with working in Toronto including cost of living, traffic and commuting duration, competition for jobs, and long working hours. Despite these challenges, it may still be difficult to get a good job, however, job sites, employment agencies, job fairs, and alumni associations can assist in your search.
What are the High Paying Jobs in Toronto?
The following are a few of the top high paying jobs in Canada in no particular order:
1. Software Engineer
Average Annual Salary: $100,000 – $155,000
Software engineers are required to create, implement, verify, and support software solutions that meet the user requirements and expectation. They incorporate different programming languages and tools to come up with software solutions that are effective, secure, and easy to use. Further, they analyze and resolve software problems to enhance the flow of operations. Currently, software engineering is well-paid in Toronto as the city can be considered a technological center and a popular place for IT companies. Toronto is home to several tech companies that range from startups to multinational firms, all of which need competent software engineers to design and develop various software solutions. This demand is across different industries such as finance, healthcare, entertainment and retail sectors, all of which require complex software solutions. Noteworthy , the high remuneration of software engineers in Toronto is also as a result of increased competition in the labour market and demand expertise in certain areas like artificial intelligence, machine learning, cybersecurity and cloud computing.
2. Risk & Compliance Manager
Average Annual Salary: $125,000 – $155,000
Risk and compliance managers are responsible for protecting organizations from potential risks by designing and/or implementing effective strategies, policies, and procedures to manage or avoid risks. They also regularly assess and evaluate these procedures to verify compliance with applicable laws, rules, regulations, and guidelines, as well as industry standards and practices. This vital function makes them occupy one of the ten best-paid careers in Toronto since they assist in safeguarding organizations against risks and promoting efficiency.
3. Nurse Anesthetists
Average Annual Salary: $158,897-$188,482
CRNAs or certified registered nurse anesthetists are nurses who work in the administration of anesthesia and monitoring of the recovery process. They also have significant experience in intensive care and have additional training in the use of anesthesia. They make pre-procedure evaluations and prepare patients for the anesthesia procedure. They are responsible for the administration of local and general anesthesia, epidural as well as nerve blocks. CRNAs assess patients’ status and the need for changes in the treatment process during the procedures. They monitor and control patients’ pain and distress before, during and after the procedure. CRNAs are members of the surgical team, working shoulder to shoulder with surgeons and other healthcare givers. They keep comprehensive and up-to-date records and documentation of patient care. Although subordinate to licensed surgical doctors or groups, CRNAs can guarantee patient care and appropriate results.
4. Data Scientists
Average Annual Salary: $81,000 – $101,000
Data Scientists employ statistical and machine learning tools to analyze and make sense of large volumes of data and make sound business decisions as well as forecast outcomes. Thisprofession involves programming, statistics, and domain expertise to mine patterns and solve business problems by applying data-driven approaches. These professionals are invaluable in the process of converting data into useful information, improving processes, and encouraging creativity in organizations.
Data Scientists are in high demand in Toronto in different industries like finance, health, technology, and retail. They often cooperate with data engineers, business analysts and domain specialists to create and implement proper data solutions. Toronto boasts a developed tech ecosystem and many active startups as well as large companies that offer a number of exciting projects and research opportunities for Data Scientists.
5. Health Professionals
Average Annual Salary: $150,000
Canadians boast a great, cheap healthcare system which is quite efficient but is under pressure mainly because the population of Canada is growing and the population is getting older. This creates a constant demand for well qualified healthcare personnel including doctors, nurses and technologists in the health facility. Interestingly, health professionals are among the best paid professions in the country and many of them come with visa sponsorship, therefore desirable for immigrants. There is also high demand in remote regions where people should go several miles to get to the nearest health care center, not to mention paramedics and physicians. Toronto encourages and promotes developing and maintaining a workforce of healthcare professionals in these zones and often describes those roles as being LMIA roles to allow immigration of such workers.
How to get a High Paying Job in Toronto
There are a lot of things that go into getting a good job in Canada. From preparing your CV, to networking, to staying alert on job website, all the steps would be discussed below:
1. Start Preparing a Good Resume
A Canadian resume is a brief document that shows pertinent data and focuses on an individual’s abilities, previous work history, and the ability to work in Canada. Usually, it is one to two pages long and demonstrates the candidate for a particular position. It starts with information about the candidate, such as their name and address, phone number and e-mail address. After that, there is a professional experience summary that gives information on the work experience, skills, and achievements of the candidate. Among the most important sections of a Canadian resume, the work experience section should be listed in reverse chronological order starting with the most recent position. The skills section should cover technical, language, and people skills possessed by the candidate. In the education section, the candidate should provide details of academic qualifications, including degrees, diplomas and certifications as well as course and training programs that the candidate has taken to develop relevant skills and competencies. Other categories that may be included are foreign languages, certificates, volunteer work, awards/achievements and publications.
2. Get Good References
Getting a job in Canada is much easier when one has good recommendations or referrals. It is recommended to get employment references from previous employers as they add credibility to your resume provided such references are appropriate for the Canadian job market. Recommendations offer employers with endorsement of your ability, professionalism, and achievement. They can vouch for your performance and reliability, which strengthens your application. When asking for references, be sure to get some recommendations from people who have overseen your performance or those who know your accomplishments and strengths. The impact of the strong and relevant reference citation on finding an interview and therefore a job in Toronto cannot be underestimated.
3. Leverage Social Media
Maximise the use of the available tools, especially LinkedIn. This app serves as your online CV and professional contact list. Employers and recruiters often turn to LinkedIn in order to find candidates for positions in Toronto and Canada, at large. To get the best of LinkedIn, your profile must be updated, and should cover your strengths, achievements, and job experience. If you want to become more noticeable, then you should communicate with people from your industry and share your insights. This will ensure that you are connected to other people in your line of work including employers and recruiters. It is advisable to post on a consistent basis to give an impression of your professionalism and activity within your field. Therefore, if you learn how to use LinkedIn effectively, you will improve your chances of getting a job from the Canadian employers. Asides LinkedIn, you can also use online job portals like Indeed to search for good jobs in Toronto.
4. Network
Networking plays an important role in the process of making valuable contacts and gaining important information in both social and professional spheres. Consult with your colleagues and friends about how to get more opportunities to meet people in your field and attend research networking events in your field. Currently, a majority of the available jobs in Toronto among other places, are not advertised thus, forming what is referred to as the ‘’hidden job’’ market. So, do not sit at home and wait for an opportunity to knock on your door.
Networking is a vital factor when job hunting in Toronto as having your name out there in your field of operation prepares you in case a certain job position becomes available. Let all your acquaintances know that you are actively searching for employment and always try to make new connections, which is essential for finding a job in a new town. Also, volunteering is a good way to build your local connections and gain Canadian work experience to list on your resume. Volunteering not only enables you to make new friends but also shows the potential employer your commitment and desire to be of service to your society.
5. Getting Accredited
Depending on your profession, you may need to have your foreign qualifications recognized by the Canadian authorities. Some professions that may require the additional accreditation are teaching, physiotherapy, nursing, and social work. This process may take a considerable amount of time; therefore, one should prepare for it. It is important to find out the requirements for accreditation depending on your profession and start the process as early as possible. Being aware of the actions that need to be taken as well as gathering all the necessary papers beforehand is useful. Getting accredited will enable you to show that you meet the Canadian standards and improve your job prospects in the related area.
6. Scale the Interview Process.
Job interview is perhaps the most important aspect of acquiring a job but it is also one of the most challenging. Self-confidence is very important during interviews. Make sure your dress code, your posture and the words you use, reflect that you are the right person for the position. To pass interview successfully, study the company doing the interview and also study the position you are applying for. Rehearse several usual interview questions and come up with relevant responses that would reflect proficiency in the area of the position you are applying for. Also, provide several questions to ask the interviewer or the company to show your concern about the position offered and the company.
When first meeting everyone, be conscious of how you dress depending on the company’s environment and ensure that you are punctual. Make sure to adopt positive body language in that you continue to make eye contact and even offer a hand shake. While responding, use simple language, and establish a positive attitude towards the opportunity. Sending an email of appreciation to the interviewer immediately after the interview also has its merits.
Conclusion
There are different reasons why people look for high paying positions including personal or career goals like owning a house or getting a dream job. Several areas of work in Toronto provide well-paid jobs; these are health, business and finance, development among others. If you were confused on how you can land high paying jobs in any sector, then we hope this article has been of tremendous help to you.