Product Lead Salary in Regional Municipality of Waterloo, Ontario

Waterloo includes technology employers and universities. Software, fintech, and hardware companies operate in the region. Pay levels are relatively high in the area.

Salary by experience level

Entry-level (0-2 years)

Salary range (per year)

C$90,000 to C$112,000

Average (per year)

C$100,000

Starting salaries are influenced by local industry conditions.

Mid-level (3-5 years)

Salary range (per year)

C$113,000 to C$136,000

Average (per year)

C$124,000

Mid-level Product Leads work for both software giants and startups.

Senior (6-9 years)

Salary range (per year)

C$137,000 to C$155,000

Average (per year)

C$146,000

Senior professionals often have higher earnings at larger companies.

Principal/Lead (10+ years)

Salary range (per year)

C$156,000+

Principal-level salaries in Waterloo are comparable to those in other Ontario cities with technology employers.

Hourly Rates

For freelance or contract work, hourly rates are typically higher than equivalent salaried positions.

Junior

C$46 - C$58

per hour

Mid-level

C$59 - C$76

per hour

Senior

C$77 - C$95

per hour