Job prospects Compensation Consultant in Nova Scotia

Explore current and future job prospects for people working as a "compensation consultant" in Nova Scotia or across Canada.

Job opportunities in Nova Scotia

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 Nova Scotia 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 moderate number of unemployed workers with recent experience in this occupation.

The outlook for human resources professionals is positive, as many companies have been increasing the resources dedicated to attracting and retaining talent. Jobseekers may benefit from considering consulting style roles, in which HR services are contracted to multiple companies, in addition to more traditional positions in-house with a single employer. Applicants with a less developed skillset may experience some difficulty in finding opportunities.

Here are some key facts about Human resources professionals in Nova Scotia:

• Approximately 2,500 people work in this occupation.
• Human resources professionals mainly work in the following sectors:
  • Federal government public administration (NAICS 911): 13%
  • Religious, grant-making, civic, and professional and similar organizations (NAICS 813): 10%
  • Provincial and territorial public administration (NAICS 912): 7%
  • Other professional, scientific and technical services (NAICS 5414, 5416-5419): 7%
  • Insurance Carriers and related activities (NAICS 524, 526): 6%
• 81% of human resources professionals work all year, while 19% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 42 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 10% for all occupations
  • high school diploma or equivalent: 10% compared to 27% for all occupations
  • apprenticeship or trades certificate or diploma: 6% compared to 12% for all occupations
  • college certificate or diploma or university certificate below bachelor's: 18% compared to 22% for all occupations
  • bachelor's degree: 48% compared to 20% for all occupations
  • university certificate, degree or diploma above bachelor level: 17% compared to 10% for all occupations

Breakdown by region

Explore job prospects in Nova Scotia 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 consultant" Human resources professionals (NOC 11200) or across Canada.

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