Report provides veterinarians with wage gauge

Veterinarians who work in the university and college sectors can expect to earn a salary in the neigh-bourhood of $128,000 a year.

That is the median wage for veterinarians thus employed, according to the 2015 report of those em-ployed in government, industry and academe.

Veterinarians working in the college or university sector make about $128,000 a year.  |  File photo

Veterinarians working in the college or university sector make about $128,000 a year. | File photo

For that money, veterinarians in the academic sector may put in as many as 200 hours more than their counterparts in other sectors, or a median of 1,115 hours a year.

A person working 40 hours per week over 50 weeks would work 2,000 hours per year.

Additional vacation time and stat holidays would bring that number down.

The report is compiled annually by the Ontario Veterinary Medical Association, in partnership with the Canadian Animal Health Institute and the Canadian Veterinary Medical Association’s business management program.

“We create salary reports for our members so they get an understanding of, ‘OK, in my field what are people being paid, what’s the average,’ ” said OVMA communications manager Melissa Carlaw.

“It gives them an idea of what they can expect to earn, depending on the area that they’re in and the field that they’re in, and maybe a better sense of what their peers are earning.”

The 2015 report compiled data from 220 respondents, reporting figures for full-time veterinarians in government, industry and academe.

Slightly more than 33 percent work in the industry-pharmaceutical sector, 27 percent work in academe, nearly 17 percent in provincial government and almost 16 percent in the federal government.

More than 94 percent are paid by salary, and the median salary for those in the pharmaceutical sector was $126,500 a year.

Next in descending order were veterinarians in lab animal medicine at $116,000, those in provincial governments at $110,000 and those in the federal government at a median salary of $96,000.

The median number of hours reported by vets in the pharmaceutical sector was 1,912. They were the next closest to the hard-working group in academe.

Those in provincial government jobs recorded a median of 1,761 hours a year, while those in the federal government worked a median of 1,725 hours.

Forty-five percent of respondents had been in their current jobs for three to 10 years. About 18 percent had been in their jobs for more than 15 years.

Not surprisingly, the latter group had the highest median wage at $134,308.

Those in the job 11 to 15 years had a median wage of $115,600. Those in the job less than one year recorded a median wage of $102,500.

Veterinarians employed more than 15 years in a university or college position had the highest median wage at $161,000. They were also the group that worked the most hours.

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