Manulife Canada Salary

How much does the Manulife Canada Pay for employees?

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. Manulife Canada’s salaries are influenced by a wide range of factors including job role, department, years of experience, and location.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

How Much Does Manulife Canada Pay for Different Roles?

Explore detailed salary information for specific jobs at Manulife Canada. The table below outlines the annual salary ranges for popular roles within the company, helping you benchmark potential earnings. Use 'View by Card/Table' option to find the data most relevant to your career path.
DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.
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Current Job Openings at Manulife Canada

Ready for your next career move? Explore current job openings at Manulife Canada. Use the search tool below to find available positions by title and location and apply directly to start your career.

Is Manulife Canada’s Pay Competitive? Salary Benchmarking Analysis

How does Manulife Canada’s compensation stack up against the market? This analysis visualizes their hourly average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
Manulife Canada
Insurance
Trustees of Massachusetts Service Employees' Pension Plan
Frank Gates Service Co
Industry Comparison
Our data shows that, on average, compensation at Manulife Canada is below the average for the U.S. Insurance industry by approximately 5%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared Manulife Canada average annual salary with several similar companies. Manulife Canada average salary of $117,695 is lower than Trustees of Massachusetts Service Employees' Pension Plan, which has an average salary of $127,494. It is higher than Frank Gates Service Co, with their average salary at $117,009. This places Manulife Canada in a mid-range position among its peers.
See Your True Competitors
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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.
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.
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.
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.
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.

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.