Job prospects Compensation Research Analyst in Newfoundland and Labrador

Explore current and future job prospects for people working as a "compensation research analyst" in Newfoundland and Labrador or across Canada.

Job opportunities in Newfoundland and Labrador

These outlooks were updated on November 29, 2023.

Prospects over the next 3 years

The employment outlook will be moderate for Human resources professionals (NOC 11200) in Newfoundland and Labrador for the 2023-2025 period.

The following factors contributed to this outlook:

• Employment growth will lead to a moderate number of new positions.
• Not many positions will become available due to retirements.
• There are a small number of unemployed workers with recent experience in this occupation.

Human resources professionals are employed in a variety of industries, making job prospects both diverse and plentiful. Prospects will be greater for experienced specialists and those with knowledge of the business operations of the hiring firm and its industry. A bachelor's degree and the Certified Human Resources Professional (CHRP) designation are assets for both securing work and career advancement in this field. Most employers also require individuals with knowledge of various system applications such as the Human Resources Information System (HRIS). Applicants with a less developed skillset may experience some difficulty in finding opportunities.

Here are some key facts about Human resources professionals in Newfoundland and Labrador:

• Approximately 1,400 people work in this occupation.
• Human resources professionals mainly work in the following sectors:
  • Federal government public administration (NAICS 911): 17%
  • Hospitals (NAICS 622): 14%
  • Religious, grant-making, civic, and professional and similar organizations (NAICS 813): 11%
  • Provincial and territorial public administration (NAICS 912): 8%
• 87% of human resources professionals work all year, while 13% work only part of the year, compared to 56% and 43% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 40 weeks for all occupations.
• The gender distribution of people in this occupation is:
  • Men: 23% compared to 51% for all occupations
  • Women: 77% compared to 49% for all occupations
• The educational attainment of workers in this occupation is:
  • no high school diploma: less than 5% compared to 11% for all occupations
  • high school diploma or equivalent: 7% compared to 27% for all occupations
  • apprenticeship or trades certificate or diploma: 7% compared to 17% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 28% compared to 23% for all occupations
  • bachelor's degree: 39% compared to 14% for all occupations
  • university certificate, degree or diploma above bachelor level: 17% compared to 7% for all occupations

Breakdown by region

Explore job prospects in Newfoundland and Labrador by economic region.

Source Labour Market Information | Prospects Methodology

Labour market conditions over the next 10 years

Explore current and future job prospects for people working as a "compensation research analyst" Human resources professionals (NOC 11200) or across Canada.

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