CIMA members in Canada…

High earners
In 2014, qualified CIMA members in Canada are earning more than twice the national
average at CAD$113,167 in basic salary plus CAD$12,323 in bonus payments, totaling
CAD$125,489 per annum. This compares with a current average national salary figure in
Canada of CAD$47,5381

CAD$116,084 CAD$172,515

ACMA, CGMA FCMA, CGMA

Satisfied with salary

Over three quarters (77%) of CIMA members in Canada are satisfied with their salary, with a
slightly larger proportion among the higher earning Fellows (80%).

High salary expectations

Looking forward, CIMA members in Canada are positive about their own salary
development, with nine out of 10 (90%) anticipating a salary increase over the next 12
months. Most expect it to increase by up to 3.9%, but 10% of members expect a salary rise
of 6% or more. On average, members expect salary increases of 3.7%, above the
anticipated economic growth forecast of 2.3%2.

Have a mobile career

More than two fifths (42%) of members in Canada plan to change jobs within the next two
years. Of those, 8% plan to find a job abroad. UK, Australia and USA are the most popular
destinations for relocation. The main reasons for moving abroad are new career
opportunities and work promotion, along with being closer to family and friends and to
experience a different culture.

Source: CIMA Salary Survey 2014, Canada (weighted base: members 720)
1 Source: Statistics Canada. Weekly earnings including overtime 2013, multiplied by 52 weeks for estimated annual earning http://www.statcan.gc.ca
2 Source: International Monetary Fund: World Economic Outlook Database
 Are motivated by…
There are different drivers for staying in a role and for looking for a potential new job.
Financial reward is a main motivator, but it is more important for a future role than in the
current job (56% for future role versus 40% for current). Key motivators in the current role
are good working environment (57%), flexibility and work-life balance and a challenging
workload (both 45%). For a potential new job, following financial reward, scope of the role
and a challenging workload (both 40%) are seen as key.

Plan to build skill sets

The main skill that CIMA members in Canada plan to develop during the coming 12 months
is leadership, followed by strategic planning and implementation, risk management and
project management.

ACMA/
FCMA 47% Leadership
CGMA
28% Strategic planning and
implementation

25% Risk management

25% Project management

23% Persuading and influencing

Expectations for the business environment

CIMA members in Canada have a continued cautious outlook for the general business
environment over the next 12 months, but with the sound economic growth since the
recession projected to continue1 there are positive signs in the smaller proportion than last
year expecting salary freezes, and the growth in expectations for salary increases.
Anticipation of job cuts is also down, from 26% in 2013 to 20% in 2014. However, there is a
slight increase in the proportion expecting budget cuts over the next year, and fewer
members are expecting an increase in the overall profitability of the business compared with
2013.

Business Environment Expectations Salary freezes

50%
More money available for future
40% investment
Increase in the overall
30% profitability of the business
20% Salary increases

10% Job cuts

0% Budget cuts
2011 2012 2013 2014

Source: CIMA Salary Survey 2014, Canada (weighted base: members 720)
1 Source: OECD June 2014 http://www.oecd.org/eco/surveys/Overview%20_CANADA_2014.pdf