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Co-op/Internship students, share your "avg" salaries!

  • Last Updated:
  • Dec 16th, 2014 10:37 am
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Deal Addict
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Mar 21, 2009
1892 posts
22 upvotes
Toronto
Waterloo Eng

1st term: $12.50
2nd term: $18.50
3rd term: $22.50
4th term: $20
5th term: $20
6th term: $38
[OP]
Deal Addict
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Aug 21, 2009
4062 posts
181 upvotes
Markham
Crimzaelus wrote:
Dec 7th, 2012 11:22 am
Math/Bus Student at Uwaterloo:
6 coop terms

1st term at small computer hardware company: $8.50/hr
2nd term at scotiabank: $18/hr
3rd term at a pension plan (IT): $21.50/hr
4th term returned to the pension plan: $23.50/hr
5th term at CGI: $21.50/hr
6th term at pension plan again: $25.50/hr
Wow, OTPP? Did not know they compensated their co-ops so well! :o
DJ Dennis wrote:
Dec 7th, 2012 11:30 am
6th term: $38
Holy crap, that's nuts. I don't even believe my buddy doing his Amazon co-op 2 years ago was making that much (not that Amazon is the be-all and end-all).
Newbie
Aug 24, 2012
15 posts
4 upvotes
Toronto
We paid geomatics co-ops this past summer $18-$22/hr (hourly with 5-10 hrs/wk OT) for field positions. Geo CAD Co-ops maybe got $0.50 -> $2/hr more? Depending on prior experience.

Remember: For *most* positions in service/consulting companies your pay is based on what you charge out at to the client, so temper your expectations with that in mind. We are finding more and more students delusional with initial salary expectations.

Good luck!
Deal Addict
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Aug 13, 2002
3307 posts
26 upvotes
Lovable wrote:
Dec 9th, 2012 12:54 pm
Wow, OTPP? Did not know they compensated their co-ops so well! :o



Holy crap, that's nuts. I don't even believe my buddy doing his Amazon co-op 2 years ago was making that much (not that Amazon is the be-all and end-all).
They probably do now I would imagine. Competition's been fierce. That rate is pretty close to what we pay our interns these days.
Newbie
Dec 14, 2009
50 posts
2 upvotes
Markham
It's pretty clear that engineers are the cream of the crop in terms of highest salaries. Here are mine (Finance):

1st (8 months) in 2008/2009: $15/hr
2nd (8 months) in 2010: $21.40/hr

Competition seems to be getting more tougher and tougher in co-op programs as each year passes by.
Deal Addict
Jan 19, 2011
2155 posts
408 upvotes
Want a blast from the past?

UW geology co op

Term 1 $300/wk - approx $8/hr (geotechnical / engineering inspection Toronto)
Term 2 $530/wk - approx $14/hr (geotech Syncrude)
Term 3 $620/wk - approx $17/hr (same)
Term 4 $780/wk - approx $21/hr (same)
Term 5 $480/wk - approx $12/hr (resource mangement, Fed Ottawa)
Term 6 $550/wk - approx $14/hr (same)

work weeks hours were 40, but 37.5 at Syncrude, hence the approx hourly wages.

1988 to 1992 inclusive
"The truth is incontrovertible, malice may attack it, ignorance may deride it, but in the end; there it is."
Just a guy who dabbles in lots of stuff learning along the way. I do have opinions, and readily share them!
Deal Expert
User avatar
Sep 4, 2003
18422 posts
85 upvotes
Toronto
From 2006-2009, UTSC co-op Mangement

Term 1 (4 months): Ontario Ministry located downtown Toronto $14.xx/hr (37.5hrs/week but more like 35), they offered to bring me on part time and next term for the next average pay rate for co-ops at our school $16-18/hr but I declined.

Term 2 & 3 (8 months total): Tech/Software Marketing $18.50/hr, closer to 40 hrs/week
Deal Addict
Jun 4, 2006
2069 posts
47 upvotes
jw513 wrote:
Dec 22nd, 2012 4:17 pm
It's pretty clear that engineers are the cream of the crop in terms of highest salaries. Here are mine (Finance):

1st (8 months) in 2008/2009: $15/hr
2nd (8 months) in 2010: $21.40/hr

Competition seems to be getting more tougher and tougher in co-op programs as each year passes by.
Boutique investment banks and trading desks still pay higher (1500/week is norm)...Now the engineers probably work a hella lot less hours.
Jr. Member
Nov 21, 2007
110 posts
18 upvotes
DrXenon wrote:
Dec 23rd, 2012 6:19 pm
$79k as a coop student? I should have gone to Waterroo.
Yeah, that is pretty crazy! Where were you working?
Member
Jun 18, 2010
291 posts
2 upvotes
Toronto
Computer Science and Finance student from UW.

Summer 2011: $11.10/hr 37.5 hr per week at Government of Ontario (at a Ministry)
Summer 2012: $18.96/hr 35 hr per week at City of Toronto agency
Winter 2013: $20.40/hr 40 hr per week at a mobile technology company

All positions are in GTA region.
Sr. Member
User avatar
May 5, 2010
948 posts
110 upvotes
8 month internship with an Investment consulting company : 22$/hr

Which lead to full time
Newbie
May 13, 2013
17 posts
1 upvote
Toronto
I'd re-iterate what others have said. Co-op is about trying out new jobs and seeing what works and doesn't work for you. Don't worry about the pay, the experience trumps it hands down. The network you're able to build is the most important part. Go take that start-up job in SF. Be open and apply to something out of your comfort zone, especially if its your first or second work term. Besides, it's only 4-8 months, any salary difference translates to a couple grand ... what's that in the grand scheme of things?

Term 1: $20.5/h (Buy-side Finance)
Term 2: $23.5/h (Insurance)
Term 3: $20/h (Tech SME)
Sr. Member
Jan 27, 2008
613 posts
16 upvotes
UTSC Management

1) Bank, small rotational program kind of thing - $15/Hr
2) Small Financial firm, back office, stock research - $19/Hr
3) Large Financial firm, back office, stock research - $25/Hr
Deal Addict
Nov 2, 2003
1794 posts
28 upvotes
Uw cs, started in 04:
7.75/hr in 04... small computer distribution company
12/hr in 04... same company as above
16/hr in 05... insurance company
19/hr in 06... another insurance company
21/hr in 06... lottery corp
20/hr in 07... bank
Newbie
Feb 1, 2014
2 posts
Hm UofC BA in Economics. I wasn't actually in the coop program because I didn't make the GPA cut but neither did I let that stop me.

5/hr in 2011, internship competition win in Singapore so i guess this doesn't technically count.
0/hr in 2012, worked for free as an analyst in a social media management sweat shop in Calgary.
25.88/hr to 27.90/hr in 2012-2013, 8 month term in Fort McMurray.
17/hr in 2014, 4 month term in a tech products business in Calgary.
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