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SKF Canada Ltd Salary

SKF Canada Ltd Salary

How much does the SKF Canada Ltd Pay for employees?

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As of October 2026, the average annual salary for employees at SKF Canada Ltd in the United States is $94,805. This translates to an approximate hourly wage of $46. Salaries at SKF Canada Ltd typically range from $83,113 to $107,514 annually, reflecting the diverse roles and experience levels within the company. SKF Canada Ltd’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.
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Current Job Openings at SKF Canada Ltd

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Is SKF Canada Ltd’s Pay Competitive? Salary Benchmarking Analysis

How does SKF Canada Ltd’s compensation stack up against the market? This analysis visualizes their annual average salary compared to its industry benchmark and key peer companies.
Peer Company & Industry Benchmarking
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Average Salary ($/year)
SKF Canada Ltd
Financial Services
First Union Securities Inc
Bridgecreek Asia Inc
Industry Comparison
Our data shows that, on average, compensation at SKF Canada Ltd is below the average for the U.S. Financial Services industry by approximately 22%. This positioning suggests their pay is below the market average within their sector.
Peer Company Comparison
To provide a broader market perspective, we compared SKF Canada Ltd average annual salary with several similar companies. SKF Canada Ltd average salary of $94,805 is higher than First Union Securities Inc, which has an average salary of $92,052. It is lower than Bridgecreek Asia Inc, with their average salary at $104,995. This places SKF Canada Ltd in a mid-range position among its peers.
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How SKF Canada Ltd's Salaries Compare to Similar Companies?

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

Employee Reviews: Working at SKF Canada Ltd

Considering a career at SKF Canada Ltd? 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.
Job offers stability over excitement. Training programs are available but lack consistency across departments. The learning culture is robust, with continuous training and leadership programs. What stands out is the mutual respect among colleagues at all levels. Priorities are clearly communicated.
Commented in May 11, 2025
43
2
Leadership is professional but distant, limiting employee engagement. Leadership messages feel authentic rather than scripted. Work-life balance depends on project deadlines. Career progression is possible. A dynamic and forward-thinking financial services firm. Benefits are standard but could be more competitive. It’s a decent place to gain foundational experience, but those seeking dynamic chall...
Commented in March 21, 2025
18
3
However, it suits those who prefer predictability and structure. It's a dynamic place to grow professionally in the financial services sector. I’ve appreciated how structured the organization is. My experience here has been stable. I feel valued here and proud to contribute to innovative financial solutions that impact clients positively every day.
Commented in February 15, 2024
13
3

SKF Canada Ltd Overview

Website
Data pending, update soon.
Founded In
Data pending, update soon.
Employees
50 - 100 employees
Industry
Financial Services
Headquarter Address
40 Executive Ct Scarborough M1S 4N4
Revenue
$5 Million - $10 Million
Phone Number
-
Social Media
About SKF Canada Ltd
SKF Canada Ltd is a company that operates in the Electrical/Electronic Manufacturing industry. It employs 51-100 people and has $5M-$10M of revenue. The company is headquartered in Scarborough.

What Benefits Does SKF Canada Ltd Offer Beyond Salary?

A competitive compensation package is more than just a salary. SKF Canada Ltd 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 SKF Canada Ltd

1. How much does SKF Canada Ltd in the United States pay?

SKF Canada Ltd pays its employees an average of $94,805 per year. The average salary at SKF Canada Ltd range from $83,113 to $107,514 per year. 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. Do SKF Canada Ltd employees get a higher salary than its peer company?

The salary at SKF Canada Ltd is higher than its peer company. The average annual salary at SKF Canada Ltd is $94,805, or an hourly wage of $46, in comparison to First Union Securities Inc which pays $92,052 per year or $44 per hour.

3. How much does salary increase with years of experience at SKF Canada Ltd?

Salary progression with years of experience at SKF Canada Ltd is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.

4. Does SKF Canada Ltd offer good benefits?

SKF Canada Ltd typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at SKF Canada Ltd" section on this page.

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