Andrew Spence

University of Toronto/Professor, Molecular Genetics

2024 Salary — last year on the list

$104,848

Total compensation $104,912, including $64 in taxable benefits.

Source: Ontario’s Public Sector Salary Disclosure — names paid $100,000 or more that year. How we build this · Report an error on this page

At a Glance
2024

Employer Rank

#6,237

University of Toronto

Years on List

2003–2024

Peak Salary

$215,761

2023

Full 2024 roster at University of Toronto →·See where $104,848 ranks →

Total Compensation History

Total compensation, 2003–2024. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2003–2024

$103,481 in 2003 is worth about $165,288 in 2025 dollars.

Full salary history, by year
Year	Employer	Position	Salary	Benefits	Total
2024	University Of Toronto	Professor, Molecular GeneticsUniversity Of Toronto	$104,848	$64	$104,912
2023	University Of Toronto	Professor, Molecular GeneticsUniversity Of Toronto	$215,761	$129	$215,889
2022	University Of Toronto	Professor, Molecular GeneticsUniversity Of Toronto	$197,101	$136	$197,237
2021	University Of Toronto	Professor, Molecular GeneticsUniversity Of Toronto	$187,933	$143	$188,076
2020	University Of Toronto	Professor, Molecular GeneticsUniversity Of Toronto	$184,854	$151	$185,005
2019	University Of Toronto	Professor, Molecular GeneticsUniversity Of Toronto	$181,045	$180	$181,225
2018	University of Toronto	Professor, Molecular GeneticsUniversity of Toronto	$175,874	$201	$176,075
2017	University of Toronto	Professor, Molecular GeneticsUniversity of Toronto	$171,452	$224	$171,676
2016	University of Toronto	Professor, Molecular GeneticsUniversity of Toronto	$171,895	$260	$172,155
2015	University of Toronto	Professor, Molecular GeneticsUniversity of Toronto	$158,822	$283	$159,105
2014	University of Toronto	Professor, Molecular GeneticsUniversity of Toronto	$150,180	$306	$150,486
2013	University of Toronto	Professor, Molecular GeneticsUniversity of Toronto	$147,368	$306	$147,674
2012	University of Toronto	Professor, Molecular GeneticsUniversity of Toronto	$151,183	$306	$151,489
2011	University of Toronto	Professor, Molecular GeneticsUniversity of Toronto	$145,880	$306	$146,186
2010	University of Toronto	Professor, Molecular GeneticsUniversity of Toronto	$138,396	$295	$138,691
2009	University of Toronto	Professor, Molecular GeneticsUniversity of Toronto	$133,029	$283	$133,313
2008	University of Toronto	Professor, Molecular GeneticsUniversity of Toronto	$127,928	$283	$128,211
2007	University of Toronto	Professor, Molecular GeneticsUniversity of Toronto	$120,992	$274	$121,266
2006	University of Toronto	Professor of Med Genetics & MicrobiologyUniversity of Toronto	$116,129	$278	$116,407
2005	University of Toronto	Prof., Medical Genetics & MicrobiologyUniversity of Toronto	$106,136	$282	$106,418
2004	University of Toronto	Prof., Med. Genetics & MicrobiologyUniversity of Toronto	$103,245	$288	$103,533
2003	University of Toronto	Prof., Med Genetics & MicrobiologyUniversity of Toronto	$103,481	$288	$103,769

Take-Home Pay
(After Tax) · 2024 estimate

Take-home on Andrew Spence's 2024 salary of $104,848 comes to roughly $77,159 once federal and Ontario income tax (about 21.5% effective) is deducted. That is about 58% below the 2024 median of $252,602 for Professor Molecular Genetics on the Sunshine List. Records under this name have appeared on the Sunshine List 22 years in all, first in 2003. Members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less after pension contributions, which this estimate leaves out.

Estimated net pay: ~$77,159
Effective income-tax rate (excl. CPP/EI): ~21.5%
CPP + EI contributions: ~$5,105
All-in deduction rate (incl. CPP/EI): ~26.4%
vs. 2024 Professor Molecular Genetics median: −58%

Where does $104,848 rank on the Sunshine List? →

Estimate only: 2024 federal and Ontario rates, basic personal amounts, Canada employment amount and CPP/EI credits; single, employment income only, salary treated as full-year income. Ignores pension contributions (OMERS, HOOPP, OTPP, OPTrust and similar plans lower actual take-home), union dues, RRSPs and benefits.

Also at University of Toronto
2024

Also at University of Toronto, 2024
#	Name	Position	Salary	Total
1	Alan Aspuru-Guzik	Professor of Chemistry and Computer Science	$671,857	$708,913
2	Meric Gertler	President; Professor of Geography and Planning	$555,450	$635,776
3	David Goldreich	Professor of Finance	$554,829	$555,135
4	Mikhail Simutin	Associate Professor of Finance	$543,015	$551,736
5	Brian Golden	Professor of Strategic Management	$526,239	$526,497
6	William Strange	Professor of Economic Analysis and Policy	$525,287	$525,503
7	Susan Christoffersen	Professor of Finance	$515,282	$517,700
8	Brian Silverman	Professor of Strategic Management	$516,222	$516,480
9	Wei-Yi (Scott) Liao	Professor of Accounting	$512,896	$515,111
10	Mihnea Moldoveanu	Professor of Economic Analysis and Policy	$502,316	$508,606