Carmen Horvath
University of Toronto/Manager, Finance, Payroll and Administrative Shared Services
2025 Salary
$140,218Total compensation $140,428, including $210 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
#4,056University of Toronto
Years on List
52021–2025
Peak Salary
$149,5152023
Full 2025 roster at University of Toronto →·See where $140,218 ranks →
Total Compensation History
Full History
2021–2025
$106,848 in 2021 is worth about $123,902 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Manager, Finance, Payroll and Administrative Shared ServicesUniversity Of Toronto | $140,218Benefits $210Total $140,428 |
| 2024 | Manager, Finance, Payroll and Administrative Shared ServicesUniversity Of Toronto | $134,467Benefits $215Total $134,682 |
| 2023 | Manager, Finance, Payroll and Administrative Shared ServicesUniversity Of Toronto | $149,515Benefits $194Total $149,709 |
| 2022 | Senior Finance and Payroll OfficerUniversity Of Toronto | $115,392Benefits $190Total $115,582 |
| 2021 | Senior Finance and Payroll OfficerUniversity Of Toronto | $106,848Benefits $191Total $107,039 |
Take-Home Pay
(After Tax) · 2025 estimate
Carmen Horvath was paid $140,218 in 2025; after income tax, CPP and EI that is roughly $98,333, an effective income-tax rate of about 25.9%. That is about 4% more than the $134,467 paid in 2024. Within University of Toronto, Carmen Horvath's total compensation of $140,428 was the #4,056 of 7,392, against a median salary of $147,726. 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
- ~$98,333
- Effective income-tax rate (excl. CPP/EI)
- ~25.9%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~29.9%
Where does $140,218 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.