Manulife Canada Salary

Manulife Canada Salary

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As of August 2026, the average hourly salary for employees at Manulife Canada in the United States is $57. This translates to an approximate annual wage of $117,695. Salaries at Manulife Canada typically range from $50 to $64 hourly, reflecting the diverse roles and experience levels within the company.
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Current Job Openings at Manulife Canada

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Is Manulife Canada’s Pay Competitive? Salary Benchmarking Analysis

How does Manulife Canada's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Trustees of Massachusetts Service Employees' Pension Plan $61
+8.3%
Supported by Trustees of Massachusetts Service Employees' Pension Plan's high-margin contracts allowing higher overhead.
Frank Gates Service Co $56
-0.6%
Indicates identical technical requirements and experience levels between the two firms.
R-T Specialty LLC $54
-4.6%
Normalized for lower cost-of-living zones where R-T Specialty LLC primarily operates.
American Specialty Insurance & Risk Services Inc $52
-7.5%
Typical compensation structure for smaller regional agencies like American Specialty Insurance & Risk Services Inc.
Insurance Industry $60
+5.2%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Companies Similar to Manulife Canada and Their Hourly Pay Rates

Explore companies in the same industry to compare average salaries, benefits, and career opportunities with those at Manulife Canada. Click a company name to learn more.

Employee Reviews: Working at Manulife Canada

Considering a career at Manulife Canada? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
Benefits are standard for the industry, and the workload is consistent. While innovation isn’t always rapid, processes are well-defined. It’s a good place for those who prefer a steady, predictable work environment in insurance. While there aren’t many standout perks, the job security and benefits are reliable.
Commented in April 07, 2025
37
2
Work-life balance is good, and benefits are strong. The workload is manageable, and the company offers good health benefits. Compensation is competitive, and the 401(k) match is generous. The work environment is positive, with a strong emphasis on teamwork.
Commented in November 17, 2024
30
1
The insurance sector is steady, and workloads are manageable. It’s a company that truly cares about its employees. The company operates efficiently, and the workload is reasonable. Training is adequate, though not exceptional. A standout workplace. Compensation is competitive, making it a great place to stay long-term.
Commented in September 18, 2024
50
3
Training opportunities are abundant, and the compensation package is competitive. The work-life balance is excellent, with flexible scheduling options. Benefits, including health and retirement plans, are excellent.
Commented in June 04, 2024
42
0
Colleagues are professional, though engagement is limited. The company offers a fantastic work environment with opportunities for advancement. The office setup is modern, and remote work options are available. This company offers a no-drama work environment. While the job may not be exciting every day, it offers stability and a decent work environment.
Commented in February 17, 2024
43
2

Manulife Canada Overview

Website
www.manulife.ca
Founded In
1887
Employees
1,000 - 3,000 employees
Industry
Insurance
Headquarter Address
500 King Street North Waterloo N2J 4C6
Revenue
$500 Million - $1B
Phone Number
+1 5197477000
Social Media
About Manulife Canada
Manulife is a leading international financial services group that helps people make their decisions easier and lives better. We operate primarily as John Hancock in the United States and Manulife elsewhere. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions. Manulife Canada is headquartered in Waterloo, Ontario.

What Benefits Does Manulife Canada Offer Beyond Salary?

A competitive compensation package is more than just a salary. Manulife Canada offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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FAQs of Manulife Canada

1. What is the typical salary range (low to high) for most roles at Manulife Canada?

The typical salary range for most roles at Manulife Canada is approximately from $50 to $64 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills, and location.

2. How much does Manulife Canada pay compared to Trustees of Massachusetts Service Employees' Pension Plan?

The average annual salary at Manulife Canada is $117,695, or an hourly wage of $57, in comparison to Trustees of Massachusetts Service Employees' Pension Plan which pays $127,494 per year or $61 per hour.

3. Do salaries differ significantly between departments at Manulife Canada?

Yes, salaries often differ between departments at Manulife Canada due to varying market demand for specific skill sets and the nature of the roles. For example, technical roles in Engineering or IT may command different salary ranges compared to roles in Marketing or Human Resources.

4. How does experience level affect salary at Manulife Canada?

Experience level is a significant factor in determining salary at Manulife Canada, as it is with most employers. Generally, employees with more years of relevant experience and a proven track record can command higher salaries. For example, a senior-level role will typically have a higher pay band than an entry-level or mid-career position within the same job family.

5. Why might an individual's actual salary at Manulife Canada differ from the ranges shown here?

An individual's actual salary at Manulife Canada can differ from our estimated ranges due to various factors. These include their specific years of experience in the role, unique skills or certifications, educational background, performance record, the specific team or department they join, negotiation outcomes, and even the precise timing of when they were hired relative to market fluctuations. Our ranges represent typical compensation.

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