How much do industrial engineers make a year in Canada (2021)

How much money does a industrial engineer make? Industrial Engineers: Key Features, The Work, Yearly Salary in Canada, Prospects 

What do industrial engineers do?

Industrial engineers determine the most effective ways for an organization to use the basic factors of production people, machines, and materials. They are more concerned with people and methods of business than are engineers in other branches, who generally are concerned more with products or processes. To solve organizational, production, and related problems most efficiently, industrial engineers design data processing systems and apply mathematical concepts (operations research techniques). 

They also develop management control systems to aid in financial planning and cost analysis, design production planning and control systems to coordinate activities and control product quality, and design or improve systems for the physical distribution of goods and services. Industrial engineers also conduct plant location surveys, where they look for the best combination of sources of raw materials, transportation, and taxes, and develop wage and salary administration systems andjob evaluation programs. 

Employment Prospects: 

Prospects for industrial engineers are good. Employment is expected to grow faster than the average for all occupations through the 2020s. Industrial growth, more complex business operations and the greater use of automation will contribute to employment growth. Reducing costs and increasing productivity through scientific management and safety engineering should create additional opportunities. 

The average salary for a industrial engineer in Canada (2021)

Annual Salary $82,100
Monthly Salary  $6,800
Weekly Salary $1,700
Hourly Salary  $38

How Much Does An Industrial Engineer Make? Career Q&A With Industrial Engineer



Some 250,000 industrial engineers are employed in Canada and most are employed in manufacturing industries. Many industrial engineers move into management positions because the work is closely related. The skills of these engineers can be used in almost any type of company and they tend to be more widely distributed among industries than engineers in other branches. For example, industrial engineers work for insurance companies, banks, construction and mining firms, public utilities, hospitals, retail organizations, and government agencies. Some teach in colleges and a few are independent consultants.



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