14 per cent of our Salary Survey contractors earned six figures last year
It's not quite the 80-20 rule, which would say that 20 per cent of the contractors make 80 per cent of the money. But it's close.
By Steve Payne
According to our recent Canadian Contractor salary survey, 14% of the contractors who responded earn more than $100,000 a year. This was down from 16% in last year’s survey. Our survey got 377 online responses. It was conducted in December 2014 and January 2015.
The median annual earnings of our reader respondents remains just shy of $70,000. This is about $20,000 higher than the average Canadian full-time wage.
Here are the full results, by annual compensation bracket. (And this does not include profits reinvested in the company by independent owner operators.)