Logging and forestry ranked as Canada’s most dangerous industry
Aug. 29, 2018 - An inaugural report by personal finance comparison website Finder Canada, has ranked 18 industries in terms of their risk and reward, to find the most dangerous jobs, and whether or not their salaries are worth the risk.
August 29, 2018 By Finder Canada
Logging and forestry was found to be the most dangerous industry of all, with 11 fatalities and 1,324 claims, and only 48,100 people in the industry (2.8 per cent of employees injured or killed). Not only was it the most dangerous industry, but it was also the least rewarding in terms of risk and reward, with an average weekly salary of $1,109, yielding a Finder Job Score of just 2.2.
It was followed by the accommodation, food and beverage services (Finder Job Score 2.8), and the construction industry (3.7).
According to the Finder Canada Dangerous Jobs Report, the finance and insurance industry received the best Job Score of 210, with an average weekly wage of $1,260 and no recorded fatalities.
Real estate operators and insurance agents was the next best industry in terms of risk and reward, with an average weekly salary of $969 per week. There were no recorded fatalities for the year 2016 in this industry, and with 1,669 claims — just 0.52 per cent of all employees in this industry. The industry landed on a Finder Job Score of 18.5.
The third best industry was business services, which earned an average weekly salary of $1,727. Despite this ranking, it saw nine fatalities and 6,728 claims in 2016.
The full report of all 18 industries, complete with data tables, commentary and embeddable infographics, can be viewed here: www.finder.com/ca/dangerous-jobs
“These findings show that there are potential dangers in every industry — even the ones some people might not expect, like business or educational services industries, according to our research,” says Michelle Hutchison, money expert at Finder.com. “But more importantly, this study puts into context the value of that risk, and whether or not people are adequately compensated for the risk their job demands.
“When it comes to evaluating the risk versus reward for your job, it’s worth considering income protection insurance, because no matter how rewarding a job is, accidents can happen, so it’s good to be prepared for the unexpected.”
Top 10 worst industries: Finder Job Score
|Industry||Finder Job Score|
|1. Logging and forestry||2.2|
|2. Accommodation, food and beverage services||2.8|
|4. Public administration||3.7|
|5. Transportation and storage||3.8|
|6. Retail trade||3.9|
|8. Communication and other utilities||4.2|
|9. Fishing and trapping||4.3|
|10. Health and social services||4.5|
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