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Carl Richards

McMaster University/Professor

2025 Salary

$241,169

Total compensation $242,715, including $1,546 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
2025

Employer Rank

#190

McMaster University

Years on List

23

2003–2025

Peak Salary

$241,169

2025

Full 2025 roster at McMaster University →·See where $241,169 ranks →

Total Compensation History

Total compensation by yearLine chart of 23 yearly values of total compensation, from $101,562 in 2003 to $242,715 in 2025.$100K$150K$200K$250K200320082012201620202025
Total compensation, 2003–2025. Axis starts at $100,000, the Sunshine List disclosure threshold.

Full History
2003–2025

$100,740 in 2003 is worth about $160,910 in 2025 dollars.

Full salary history, by year
YearPositionSalary
2025ProfessorMcMaster University$241,169Benefits $1,546Total $242,715
2024ProfessorMcMaster University$235,134Benefits $1,492Total $236,626
2023ProfessorMcMaster University$229,640Benefits $1,416Total $231,056
2022ProfessorMcMaster University$225,258Benefits $1,245Total $226,503
2021ProfessorMcMaster University$222,928Benefits $1,064Total $223,992
2020ProfessorMcMaster University$211,009Benefits $920Total $211,929
2019ProfessorMcMaster University$218,180Benefits $843Total $219,024
2018ProfessorMcMaster University$202,042Benefits $822Total $202,864
2017ProfessorMcmaster University$191,455Benefits $836Total $192,291
2016ProfessorMcMaster University$188,432Benefits $832Total $189,263
2015ProfessorMcMaster University$179,702Benefits $686Total $180,388
2014ProfessorMcMaster University$162,693Benefits $600Total $163,293
2013ProfessorMcMaster University$158,700Benefits $589Total $159,290
2012ProfessorMcMaster University$154,330Benefits $577Total $154,908
2011ProfessorMcMaster University$148,882Benefits $624Total $149,506
2010ProfessorMcMaster University$142,686Benefits $659Total $143,345
2009ProfessorMcMaster University$145,973Benefits $714Total $146,687
2008Professor/Associate DeanMcMaster University$146,333Benefits $799Total $147,132
2007ProfessorMcMaster University$131,884Benefits $790Total $132,674
2006Associate Dean & ProfessorMcMaster University$119,641Benefits $804Total $120,445
2005Associate Dean/ProfessorMcMaster University$114,236Benefits $778Total $115,014
2004Assoc. Dean/ProfessorMcMaster University$107,711Benefits $727Total $108,438
2003Associate Dean & ProfessorMcMaster University$100,740Benefits $822Total $101,562

Take-Home Pay
(After Tax) · 2025 estimate

In 2025, Carl Richards's $241,169 salary works out to roughly $151,537 after income tax, CPP and EI — an all-in deduction rate of about 37.2%. On total compensation of $242,715, Carl Richards ranked #190 of 1,966 disclosed at McMaster University that year, where the median salary was $150,713. It is up about 3% on the $235,134 paid in 2024. This estimate leaves out pension contributions; members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less.

Estimated net pay
~$151,537
Effective income-tax rate (excl. CPP/EI)
~34.9%
CPP + EI contributions
~$5,507
All-in deduction rate (incl. CPP/EI)
~37.2%
vs. 2025 Professor median
+77%

Where does $241,169 rank on the Sunshine List? →

Estimate only: 2025 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 McMaster University
2025

View all 1,966 employees at McMaster University (2025) →